Econpile is a sound and good fundamental company,and have one billion (1,000,000,000) contracts in hand that will keeps it busy for the next 3 years, If given the Ecrl contract is a bonus, Even so lousy costruction stocks are more expensive, econpile is so cheap, buy!
From today onwards, econpile shares will become harder to buy cheaper because ECRL is to proceed,so everyone are buying to keep,so much earth works,pilling on hillsides,pilling on bridges, Then others HSR project is under planning to proceed by next year, Econpile has the most sophiscated and complicated pilling and boring machines in malaysia,
All the breather and profit taking of construction companies has been done just immediately after the announcement of ECRL yesterday. Come Monday with DJ swung 269 point, Tun M announcement, all the construction stocks will start its rally again upward. Econpile will still and a good chance.
No matter mrcb, sunwaycon,wct..or.. Piling contract 99.99% go to econpile. So biggest winner this round if u dunno which to buy due to ECRL news. Moreover mrt3,
Piling is a specialist work, and the rates are normally high because it is specific job. Not forget diaphragm walls and the number of pedestrian bridges.
There are numerous locations the piler have to move and there a mobilisation of machinations to particular site and demobilisation charges can also be claimed.
you are right, they have the largest array of piling related machinery in Malaysia, if you want to build tall tall building... Find Econpile better, they can penetrate the ground deep deep for you! Deepest they went is 92 metres
Hello dear godofgambler can tlg tlg give me a chun chun number which can strike the magnum first prize that one is much easier n faster to get rich ma. By then share market is nothing to me so difficult to gain sigh!!!!
“One of the most significant concessions that we won from the Chinese side is that local participation in the construction of the ECRL will be increased to 50 per cent of all works from the previous 30 per cent of only civil works. ^^^
@godofgambler u serious? Thanks byk byk. Will try rm1 for every draw wish me luck la haha. FYI handsome gain from this counter wishing u all the very best la
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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....
Godofgambler
5,307 posts
Posted by Godofgambler > 2019-04-13 08:21 | Report Abuse
Haha.. Today probably everyone will know rhe ECRL projects is on. Monday might go up Econpile.