I think next week Can Sell ,IT will drop back to less than 1 If IT touch 1.03- 1.10 because no foundation , no New could be goreng- goreng but If bit 1.13 then Can go up more
Few areas should look into it:- 1. Quarter result announcement soon. Last year was on 5th August 2016.
2. Transfer to main board. If reference to salutica's earlier proposal and duration. Then, tentatively I guess shld be before 9/9/17.
3. Chances to grab more major infrastructure developments turnkey or design and build projects from feasibility study, preliminary concept design, supervision (pre & post) and maintenance contract .
4. BIM services.
IMO- vroom.... but be patient in order to see yr fruits blossom. My tp still at RM 1.20
We maintain our earnings forecasts assuming HSS will secure additional contracts worth RM150m in 2017. We expect better performance in subsequent quarters, given its high outstanding order book of RM406m.
Up to date, in 2017:
14 Aug - 6.42 mil 9 Aug - 16.5 mil 1 Aug - 19.28 mil 3 April - 17.88 mil 7 Mar - 5.39 mil
Total = 65 mil
With Affin Hwang Research's estimation, we should expect roughly around 85 mil worth of contracts before end of the year.
The_Reds still a good closing today with new high..imagine how high it will go with the imminent good news..TP short term 1.2 mid term 1.5 long term infinity 16/08/2017 17:28
newbie5354...too bad the QR not so good...actually latest QR they recorded the highest revenue, but as usual ppl only look at yoy and qoq, so expect some panic sell tomorrow...bear in mind that hsseb still has an unbilled order book of rm358 million over the next 2 to 5 years
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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....
Wei Xidu
599 posts
Posted by Wei Xidu > 2017-08-05 00:45 | Report Abuse
Once break 1.00. And 1.10 soon? Haha