moneycashrich..you cut loss at 1.77??? Sure or not? I remember several months back when nobody were interested in Malton, we were the few idiots that took an interest in Malton???
Hng33...the award of contract of up to RM 2 billion should be upside to Malton's future earnings correct? Weird that market has not priced in the potential upside yet....
Hng33, how come in the circular it sounds like desmond is taking 2billion from Malton instead of giving.
"The new Recurrent Related Party Transactions which are covered under the Proposed Shareholders’ Mandate comprise mainly the award of construction and project management or construction related services contracts to the Related Parties."
Malton will only fly tomorrow. It is always one day behind IWC. Last Monday IWC limit up, then followed by Malton WB touched limit up price on Tuesday. So, BBB now and wait to sell tomorrow.
Don't make fun of Hmg33 please. He is very truthful in his trade. You don't need to follow his trade but his insights can be an added advantage when you are planning your trade.
From the look of the circular, looks like Malton is awarding that RM2B contract. However, I think it is awarding to WCT. WCT's coming AGM on 01.06.17 also has RRPT resolution for RM3B to be awarded.
cwingz Hng33, how come in the circular it sounds like desmond is taking 2billion from Malton instead of giving.
"The new Recurrent Related Party Transactions which are covered under the Proposed Shareholders’ Mandate comprise mainly the award of construction and project management or construction related services contracts to the Related Parties
This RRPT if approved is valid only until the next AGM which is normally held around last week of Nov i.e. Nov 2017. Does that mean Malton is ready (cannot wait until 11/17 for RRPT) to award a contract before Nov 2017?
What is even more strange is that Malton at the moment does not have any new project worth > RM2B??? Obviously Malton is not getting anything from Desmond worth >RM500M since the RRPT approval from the last AGM is only RM500M.
The TTDI project once started apparently does have a huge GDV but these are normally done and awarded in Phases.
Given that Malton does not have any new project worth >RM2B, does that mean, between now and Nov 17, Malton expects to start/obtain projects worth >RM2B??????
oolalala , Malton gonna get a piece of action in Bdr Msia.......LOL
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....
yap79
3 posts
Posted by yap79 > 2017-05-23 12:37 | Report Abuse
I agree with Jamespond.