Econpile (M) Sdn. Bhd. (“EMSB”) has on 31 March 2016, received a Letter of Acceptance dated 24 March 2016 from Eco Meridian Sdn. Bhd. to undertake the construction and completion of contiguous bored pile, bored pile and basement works for a hotel development on Lot PT 6608, Jalan Tun Dr Awang, Mukim 12, Daerah Daya, Pulau Pinang
Can, u can sell. There's no right or wrong. But I'm looking at currently management disposed 7.5mils share (at 1.05,1.13) to institutional, now is too early to said high. Also, they have high potential of getting more piling project for MRT2 etc. So, I rate it 1.44-1.45 minimum.
How can an institutional investor bought 1.13 then heavy dumping just 10-20cents? If it goes up 1.80 also i believe. This company has no debt with profit growth. Looking ahead, many projects still potential grab. Really good.
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....
Lim Chee Chiang
153 posts
Posted by Lim Chee Chiang > 2016-03-29 10:00 | Report Abuse
every one is waiting for the 1.18 breakout ?