if I am not mistake, the first article which promoted HY is when the price is around RM8......and how come u lose money I also dun understand, stock market is not suitable for fortune teller
last year's Q4 results was one of the best quarterly performance they've ever had. would be extremely surprised if they could replicate it. I'll be waiting, plenty of volatility in bursa now.
The Company is hopeful it will be able to maintain or do better next year and to achieve this, it will have to execute its on-going construction projects on a fast track basis. (extracted from AGM minutes dated 8 Nov 2017)...... Likely to be plus minus 5% of FYE2017. Anything PAT increase above 10%, it will be a positive surprise to analysts.
Malaysian are blessed with multiracial, multilingual, multicultural environment n multi religious society n beliefs. The huge Karmic Wall had collapsed...We have HOPE~ HARAPAN...!!! Dr M: 'They have taken money, now they have lost the money' | http://www.klsescreener.com/v2/news/view/392923
Package V206 : Construction and Completion of Viaduct Guideway and Other Associated Works from Serdang Raya to UPM. March 10, 2017 Gadang Engineering (M) Sdn Bhd
MRT2 was 24% completed on April 2018. There are many companies as MRT2 contractors, gadang is one of them. The issue is how gov reduce the cost?
1) get discount from all/ parts of contractors? 2) cut some route of MRT2 which is not construct yet? Only some contractors involved.
We still dont know the final decision yet. Plus, the share price of gadang already reflect much! Even government want to reduce cost, as long as the contract is still on.
newbie, just take a look at the last quarter's inventory levels. The marked increase in inventories suggest that they had problems with unsold properties. No new construction projects announced. The price will drop further after Q4 results are announced.
There are also proposals to only defer the Phase 2 of the project and to eventually award them to local contractors in an open tender. “But this is still being studied in-depth but the priority is to cut costs at this stage until the RM1 trillion debts come under control
“Accordingly, the project managers also wanted to shed the image that this is purely a mainland China project that is being merely being deployed to Malaysia. I believe the Chinese contractors were in agreement and thus local content is expected to increase to at least 45% from 30% before,” the source says. The source said that the proposal was to allow for all civil, tracking and some systems works to be done by local contractors.
“The mainland Chinese have agreed in principle that this is acceptable since it is being built on Malaysian land. It will also give more stability to the ECRL project as it eliminates foreign exchange risks,” the source says.
Phase 2 is the railway route from Gombak to Port Klang costing some RM9bil while Phase 3 is the double tracking portion & route to Pengkalan Kubor that costs RM11bil.
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....
kyy_superinvestor
702 posts
Posted by kyy_superinvestor > 2018-06-11 22:03 | Report Abuse
if I am not mistake, the first article which promoted HY is when the price is around RM8......and how come u lose money I also dun understand, stock market is not suitable for fortune teller