Construction - Shifting to the private side Medium-term sector drivers will shift to projects beyond MRT. Details from the recent Budget 2014 support our view and should address the risks associated with project sequencing. Private sector-type contracts should fill the gap before larger public sector-type jobs return. This angle should be positive for the laggards and undervalued stocks within our coverage, which should benefit from the build-out of highways, power plants and oil & gas-related infra. We highlight IJM Corp, Muhibbah Engineering and Mudajaya. We keep Gamuda as our top pick in view of its asset monetisation, rail jobs and potential special dividends. The sector remains an Overweight.
FROM CIMB REPORT TODAY.. SO IS THIS ABOVE NEWS GOOD FOR LAGGARD STOCKS?? PLEASE GIVE YOUR OPPINION
At this moment, this share is trading side way and waiting for signal to going up soon.. it should observe the trend and the trading volume to decide the direction...Seem like volume is going up recently... if this is sustainable and trend continue to support above 2.27.. it could going up soon...
oh what happen ? so scary ...last few weeks keep dropping, and yesterday also low side. today sudden rise to 2.37 ....hope to dispose it and if it can hit 2.4 i will go
i think the effect of tapering too great, i q to sell at 2.42 for past few weeks but it seems not able to reach back this level. may be had to reduce to 2.3+ :(
market mah, last week 1 fund throwing, this week another fund come buy !! reliable info told me this fund will be buying Muhibah and WCT soon. i think today they start on muhibah,just keep an eye on WCT !!
I believed shares will goes up after dec 17 n 18 after fed announce something I believed taper will be decided so situation stable then ppl will push it up Can it reach 2.6 What r the thoughts
Today may have some selling pressure for this share to digest the huge transaction volume on Last Friday... Unless there is buying support to absorb the selling...
KUALA LUMPUR: Muhibbah Engineering (M) Bhd secured two contracts valued at US$87 million (RM276.66 million) to build and expand two airports in Cambodia.
It secured the projects to build and expand the terminal building and the refurbishment of the Phnom Penh and Siem Reap airports.
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....
i3i2i1
4,731 posts
Posted by i3i2i1 > 2013-11-12 09:19 | Report Abuse
should sell now and buy later?