if next week still no announcement, then, another next week. most importantly, the langat job is not that impressive in terms of profit. it is not a new news anymore, whole street knew it.
of course la not impressive. look at their oversea projects, does it make the balance sheet nice ? when they build the langat 2, their portion is only 400 million or less. buy one screw which original cost 10 cents, they charged back company rm 1.00.
end up, the remaining profits ( provided the management is kind enough ), will be maybe 1 or 2 million out of 400 million.
salcon wa, is about 30 days to maturity. lots of exercising is going on. exercise price at 0.750, today price at 0.780, it will be 0.805. premium price la.
Author: value_investor | Publish date: Tue, 15 Apr 10:37 | >> Read article in Blog website Negotiations between the Selangor state and the federal governments over the implementation of Section 114 of the WSIA on the state's water concessionaires is expected to drag on for several more weeks. Selangor MB Tan Sri Abdul Khalid Ibrahim said he is still negotiating with the federal government to finalise the terms as well as the ways to implement the Act. (Malaysian Reserve) Source: CIMB Daybreak - 15 April 2014
The directors don't seem to be interested to exercise the conversion of warrant even though rumours that they have got the Langat 2 project, and also pending the special dividend of the disposal of water assets in China, that's strange, anyone can help to explain? Thanks
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....
joannelim
412 posts
Posted by joannelim > 2014-04-13 23:16 | Report Abuse
made some money in salcom. will go in again 2morrow. Hopefullly this time can make money again and enjoy my free breakfast in paris. hehe