Still extremely cheap given the amount of projects it has received and WILL RECEIVE... Don't forget many other infrastructure projects require Kimlun's expertise . And last but not least, the 5.8c dividend!
Dumb maybank RA doesn't even know what he/she was talking about. Serious disgrace, I always thought Maybank RA's were good, well it seems like we are dead wrong. Dumb maybank. I dare that dumb RA to call it a SELL at RM1.50. Be conclusive
From Maybank..."However, we have lowered our 2017 precast margin estimate as we believe the KVMRT 2 would demand more lower-margin precast products."......why MRT2 demand more lower-margin precast product? Do the analyst know which precast going to be used in MRT2? Is he involve in the total design of the route and also done the survey of the whole route to decide which precast product going to be used? Numbers or believe must come with facts otherwise nothing at all.
Assumed market esp insiders anticipated mother will go higher... This warrant exercise price RM1.68. Today closed 0.635 (A little bit unbelievable high). 1:1 Conversion RM2.315... Mother now only RM1.72 ie still got lot of space for increment... Should have good show...
This mean that mother shares soon fly. Crocs always accumulate the warrants then only push up the mother shares. Then when mother shares up, start selling warrants. Just like OCK, OCK WA.
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....
alfredchxx
24 posts
Posted by alfredchxx > 2016-03-11 12:02 | Report Abuse
Kimlun coming...