Ya, the fundamental is weak if there is no physical announcement.
But, please analyse this way. If invest in shares, we only see the confirmed surface (news) then we may have some issues to our investments (either mislead by fake news or the price already factored in the confirmed news).
Just imagine, today you are Tan Sri Rahim, with the above background (PM and MOF connection), you will need to look for businesses or businesses will look for you?
Simple analysis from business perspective.
Of cos, I am talking about the EDEN major asset - ECRL Land for Depot Maintenance Centre and Station 2 (KPC2) and its possible associate industrial property development for cargo handling.
Not yet. Depends on operator willingness to push the price up before announcement. When the heavy selling Q removed later on, then meaning the announcement will be soon out.
the best time to boost up the share price is when the market panics as people are selling...based on the volume and order no, it is quite obvious that the operators are buying and retailers are selling ...
zhm540 Some short term retailers are selling back due to uncomfortable share price pattern. But the main thing the operator movement is very weird. Press the price then build the volume in buying and selling Q only.
Eden on its own merit has excellent fundamental. It's main business of owning two IPPs will give a higher revenues as they were just been rehabilitated. The land near Kuantan Port will be monitised soon for ECRL Project. The management and controlling shareholders connection with both the PM and FM not withstanding.
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....
MalaysiaWarren
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Posted by MalaysiaWarren > 2020-03-10 23:17 | Report Abuse
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