for mother share from candle stick perspective is super good in view of today consolidation marker...tomorrow shall go further up...warrant at very attractive valuation with only 10% conversion premium....
During his four-day trip to China starting from April 24, Dr Mahathir is scheduled to meet with President Xi and Premier Li Keqiang separately for bilateral talks.
International Trade and Industry Minister Darrell Leiking; Transport Minister Anthony Loke Siew Fook; and Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin will accompany the PM on his trip to China.
The PM will attend the opening ceremony of the summit by President Xi on April 26, and deliver a speech at the top leaders’ roundtable discussion on the same day.
The Malaysian leader will also speak at a high-level BRI meeting the following day.
- Construction of the ECRL will commence soon as it will be re-launched on 25 July, while the PBHS contract is expected to be awarded in phases from 4Q19, pending transition from PDP to the state work department by Sep 19. Separately, GARQS hopes property sales will pick up following weaker property sales in 1H19. We upgrade our target price to RM2.01 as GAQRS stands is well positioned to secure new ECRL and PBHS contracts. Maintain BUY.
Ya.. The result can foresee for all the construction stock, Like Gadang. But EPF will more worry than us. since become substantial shareholder in this stock. ERCL news announced soon..
DUNGUN, July 25 (Bernama) -- The East Coast Rail Link (ECRL) project will be relaunched by Transport Minister Anthony Loke Siew Fook at the Dungun Tunnel site, Rimba Bandar Bukit Bauk, here today.
The event, scheduled for 11 am, will be attended by Terengganu Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar.
Loke was previously reported to have said ECRL’s relaunch today would create a larger function and scope for local companies to play in the project.
The project was 15 per cent completed when it was put on hold since July last year and the government's renegotiation with the developer has managed to reduce the cost of the project’s Phase I and II to RM44 billion from the original cost of RM65.5 billion.
The ECRL new route is also shorter by 40km, reducing its total length from 688km to 648km and will start from Kota Bahru before running through Mentakab, Jelebu, Kuala Kelawang, Bangi / Kajang, Putrajaya and ends at Port Klang.
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....
Chris Khoo
387 posts
Posted by Chris Khoo > 2019-04-13 12:47 | Report Abuse
a very clear technical bad news...though i hope it goes up as well! candle stick shown very clear bearish engulfing