ECRL still on discussion, confirmed continue project like lrt3 la DrM want to get a good deal with china cause he knows china need ECRL desperately. Believe in the cunning fox.
Resuming talks with China ecrl projects for half price 40 billions . It seems like China willing to agree for the said amount . Once successful , construction stocks recent bidding for the jobs will pump up again . Start collecting now with minimal risks as it comes to no surprised......who knows ?
china already agreed before to cut half cost but our ph government still reluctant..i think the issue here not caused by project cost but because political issue which is this project has started by our last bn government..i hope im wrong but this is not a good sign..if really cancel then price will drop more..so better hold and wait for official statement next week.
if there is bullshit promised by mgmt, can we drag them to court? this 2017 Annual Report full of crap.....just read the CEO message makes you want to vomit.
EST85 OIC... Many are following the news, not the company performance and fundamental.
GBG got so many construction projects & Property development like: - SUKE Highway, RM628m - SUKE Toll Plaza, RM60m - The Peak, RM308m - EÍsland Puchong, RM270m - Contract to build 1,004 homes in Kota SAS, Kuantan. RM189m - PPSAS, RM628m - One Jesselton Waterfront, Kota Kinabalu, RM900m - PR1MA Gambang, RM424m - Contours@ Malawati Heights, on-going - Manufacturer of Precast and IBS product with JV SEDCO - Monthly rental income of RM945K (2016-2020) for PETRONAS Chemical, Sabah - MRT 2, confirmed continue - LRT 3 RM1.017B-KIV - ECRL, KIV future outlook - Pan Borneo highway, KIV future outlook - HSR future outlook-cancel?
The next few years may be good or bad to GBG but their industry experience for past projects is good to see.
Let's just ignore the ECRL, Pan Borneo & HSR. Without them, GBGAQRS still got so many projects in hand...
Without fail, everytime this counter featured in nanyang, the price will holland. So prepare for tomorrow... my wish is for the sohai nanyang guy to stop writing on this counter.. bad luck guy and terrible analyst..
HSR wait for 2 years only possible to continue. ECRL too many tenders, profits may less than expectation. Only Pan Borneo Highway is more value for GBG.
EST85... Noted... Already get out for today. Focus to CCK & LAYHONG today. FYI newrookie it's me but suddenly sign out & I can't remember the user id & password. So I create a new user ID...
Already over 1.00. Please tell me whether construction sector really will be focused by PH in 2019. My capital is limited, don't want to be over spread. If good, should i buy warrant or mother share? Can any expert share?
See you investment plan is for long term (5 years above), Mid term (2-5 years) or short term (Less than 1 year).
If long term don't bother it. The country needs to develop, Construction will good in next 2 years.
Mid term u can invest more differ sectors (Suggest 3-5 counters) select those strong cash flow company. Try to find good fundamental and undervalue stocks. (this need experience and technique). Don't put all your eggs in one basket.
Short term (no comments for this - need to ask TA master give u tips. Nonsense.. LOL). Many like set the TP and hit and run.
Warrant - personally don't like (Risky but earn more). Especially when the bear's time comes, it is a serious loss. I Sold the GBG warrant at 0.40 (the higher is 0.42). :P
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....
Scalp3r
194 posts
Posted by Scalp3r > 2019-01-29 20:52 | Report Abuse
Uturn huhu