SHQUAH just to inform EPF buying n selling wont affect the price as EPF is always doing the same to other counters. This counter is not supposed to hold big. if you hold big you cant sell all.
PETALING JAYA: Wah Seong Corp Bhd has clinched an RM189mil job for the supply and delivery of coated steel pipe piles for the Pengerang Deepwater Petroleum Terminal project in Johor.
The sub-contract was awarded to its subsidiaries, PPI Industries Sdn Bhd and Petro-Pipe (Sabah) Sdn Bhd, by Penta-Ocean Construction Co Ltd, it said in a filing with Bursa Malaysia yesterday.
“The sub-contract involves the manufacture and delivery of coated steel pipe piles.
“The risks are the normal operational risks associated with the manufacturing, coating and delivery of steel pipe which is one of the core business of the group.
“The sub-contract is expected to be completed by the third quarter of 2016,” it said.
Wah Seong said it was expected to contribute positively to the earnings of the group over the sub-contract period.
Wah Seong said none of the directors, major shareholders and/or persons connected to them have any interest, direct or indirect, in the contract.
The main contract of the terminal project involves the procurement and construction contract for marine facilities (Jetty 2) and associated dredging with marine facilities and jetty.
KUALA LUMPUR (Sept 14): Malaysian Prime Minister Najib Razak said on Monday a government equity investment firm would be given 20 billion ringgit (US$4.6 billion) to shore up the country's stock market, and announced other measures to support its slowing economy.
Najib told a newsconference the equity investment firm, ValueCap, will invest in undervalued Malaysian companies.
He also announced that the factory sector would be exempted from import dutires until the economy recovers, but did not specify which sectors would be affected.
The ringgit currency has lost almost 19% of it value against the dollar so far this year, and Malaysia's stock market has retreated 8.95% this year.
PIRA Energy Group, a closely watched forecaster that predicted the slump in oil prices a year ago, said on Thursday it expects crude prices to rise to $70 per barrel by the end of 2016 and $75 a barrel in 2017.
I got so many oil and gas stocks.......this is the worst stock. Always push the price down and go for share buy back. The boss never take care of the share holders. The bosses must be a coward with no balls.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
supernova
1,923 posts
Posted by supernova > 2015-07-14 11:02 | Report Abuse
very quiet counter