Calvin counter just buy now calvin say what also up. Destini talamt mrcb insas ta all limit uppp after calvin research Must buy now construction in goreng mode
If the boss is selling when the price gone up a bit, the stock will not go high because he is preventing it to go higher,other company boss are buying to support the price. Like sapura the stock cant go up even today got a contract RM 1.2 billions.
He was responding to the announcement by the Prime Minister's Office that the ECRL would resume at a reduced cost of RM44bil from RM65.5bil previously.
Wan Rosdy also said land acquisition work was already being handled by the state legal adviser's office.
He said 1,394.4ha of land over a 232.5km distance across Bentong, Temerloh, Bera, Maran and Kuantan would be involved.
"Of this area, only 385ha is government land while the rest is privately-owned.
This someone have invested so much with confidence that the price definitely is moving up. Should not be a contra player. This counter cannot play contra. I am sure he will not force sell. Azrb is going to be a beneficiary for many projects proposed in the north and east coast. So patience is virtue. Last Friday, some took profit because of fear as there were no action immediately after the ECRL announcement. It will inch up gradually to 70 cents atleast.
Sell around 70% of total holdings already. Too bad I missed to sell on Friday. But still thankful for the profit though. The remaining keep for dividend or higher price in the future
According to Tun M, Malaysian contractors will account for 40% of the ecrl contracts. Let’s just say 40% of RM44b, that’s RM17b+. Azrb is responsible for contracts around north and east side, just imagine the upside folks...
actual contract to civil contractor not high...60% civil work 40% system work...RM44b x 60% x 40%...first appoint project manager (sure super big co i.e. MRCB / MMCCorp (if retender)), then appoint main con then appoint sub con...some more phase 1 and phase 2 will run first only come to phase 3 (kelantan)....therefore, AZRB even if getting contract will be relative small proportion for phase 1 and phase 2...
They are not going for a PDP, I suppose. AZRB May get the projects as main contractor or directly as Bumi Contract quota. T’ganu and Pahang are a great advantage for AZRB.
Please buy and sell base on facts...suggest to switch Reason to buy mmccorp 1) beneficial from ECRL due to (i) political tie (ii) port klang connection (iii) tunneling experience (iv) capacity to be appointed as major contractor (2) relative slow increase compare to other small cap which already up previously (3) technically high volume recently..and etc..today gap up 2cts...UEM also gap up....there may also be news about revise PDP status of UEM-MMC for Pan Borneo as turnkey...highly likely chance for HSR as well as it teams with Japan! which Msian has been given low interest loan recently!
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....
Aven
29 posts
Posted by Aven > 2019-04-12 15:06 | Report Abuse
agreed, now is wash out those weak player, the show is still long going