Think twice......why announcement on 20th Feb? Push up price and sell? This QR is for the period from Oct - Dec 2018. It will be positive for sure because the corresponding period is -ve. YoY will not be good.
Posted by AhTek > Feb 26, 2019 03:13 PM | Report Abuse
Calvin, the result will come out within this two days, what is ur view?
AhTek,
I expect no. 1 good results Then too late to buy cheap like Naim fantastic result today. Tomorrow Naim no longer cheap because result is out. So just buy some Azrb in case result also fantastic
I also prepared to accept another weak quarter. Directors didn't bother all those past weak quarters but kept up buying So if result is not to expectation and if price weaken. Then opportunity to add more.
So I SEE beyond one or two quarters result because
1) By April Malaysia & China will come to agreement and continue ECRL Then Azrb will zoom
2) Another good news longer term will be the Booming business in Kemaman as AZRB already signed another 5 year business contract with Petronas
3) TOK BALI SUPPLY BASE Will Also Be ready in coming months
4) Toll Road should be ready Even if Govt take toll private AZRB still stand to gain some compensation
5) Rm600 Millions from Teaching University might come as surprise
6) Saudi owing AZRB Rm100 millions might yet be recovered
7) USD down against ringgit very good for AZRB USD denominated debt
AND SO I THINK THESE ROCK SOLID FIGURES WILL CARRY US THROUGH THICK & THIN
Since Directors invested in millions of AZRB shares and never worry why should we worry then
AND WITH EVER INCREASING GOOD RESULTS COMING OUT FROM DAYANG, PENERGY, PETCHEM, NAIM TODAY & OTHERS TO COME I THINK AZRB SHOULD BE DOING VERY WELL THIS YEAR
I am gonna pass this for now - overbought territory. I have a feeling that once result is announced - selldown may happen to cash out. Trade at your own risk. Furthermore I don't know if this qtr result is going to be good.....too risky
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....
KSLI
630 posts
Posted by KSLI > 2019-02-26 15:37 | Report Abuse
if today close green..tmrw jump high high