Corp Bhd has secured four new projects worth a combined RM404.0 mln, bringing its total project wins todate to RM1.12 bln. The new projects include the construction of a glass roof structure in Dubai, a structural steel fabrication and construction package for a combined cycle gas power plant project in Malaysia and the construction award of a 45-story high-rise residential tower in Mumbai. Meanwhile, the company's oil and gas segment secured a project to fabricate and assemble leg sections for the Offshore Wind Installation Jack Up Vessel (Deme Innovation) in Europe. (The Star Online
at a time everyone talking about good oil price and even $ 100 oil, they should also consider buying Sendai which is trading near its lows.....since most of its operations is in the Middle east. and OG related.
Saudi Arabia signed 25 deals worth $50 billion on Tuesday in the oil, gas, industries and infrastructure sectors with firms such as Trafigura, Total, Hyundai, Norinco, Schlumberger, Halliburton and Baker Hughes.
Saudi Aramco said it signed 15 memoranda of understanding worth $34 billion.
Many ways to lose money in this bear market, so many shares at multi years low.
But where are the so called value investors? So called value investors cannot find some value buys at multi year low prices? lol.
Value investors also gone missing. What use years of preaching by value investors if cannot find the courage to buy when shares are at multi years low.......but these same value investors will find plenty of shares to buy when market is roaring again some time in the future.....The cycle repeats itself, again and again. Nature of the beast known as stock market.
"Gn021 Next week will be good week for Construction Sector as Gamuda have take back MRT 2 project "
Definitely the project will not finish on time. sour grapes within will sabotage it. Finance Minister have no choice but to award because of parasites need to be fed.
Sendai supporters all bankrupt already? Still believe super speculator to help you grow rich?
What I can remember is Sendai is 'expert' in steel fabrication. What I can remember is Sendai having multi billion contract in hand.
All these remind me Linear went burst after it reported to Bursa it had received offer worth 1 billion ringgit in Dinding Cooling Tower project which never materialize, and many still believe what has been announced to Bursa is gospel truth.
Auditors report may not be credible just like Xingquan. Auditors report may close one eye to creative accounting like in LICB. Auditors report may raise red flags to the accounts but still not prepare to give qualified accounting report like Parkson.
What else I can say? Don't trust any advice from half past six IB recommendation. Don't believe in super investor's word. Don't take in total so-called professionals in the field they claim they know the best.
Many only see tree instead of forest. Many only see assets without liabilities. Many only see big building without knowing things are already rotten inside. Many only see company's turnover getting bigger and bigger but never realize profit become smaller and smaller.
What you need to do? 1. Know fundamentals of your company 2. Know your Directors 3. Know company's prospect and vision 4. Know quality of company's management, it reflects company's work ethics
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....
Se V En
79 posts
Posted by Se V En > 2018-09-27 13:15 | Report Abuse
today seem no show