Nothing wrong with HSS FA. Good QR, huge order books(> RM 300 million enough for 3 years). Despite court case so far no contract cancellation announced so far. Even co. announced most loss is RM 300K from pending court case a drop in ocean for HSS profit.
People interested in already expensive Gadang, GKent and steel counters because related to LRT, MRT; so why must enginnering consultant firm like HSS be ignored? I am greedy when others are fearful-Warren Buffet.
- Implementation of the new East Coast Rail Line project in phases with an estimated cost of RM55bil. (At last has been approved)
- Accelerating the implementation of Pan Borneo Highway in Sabah and Sarawak
- RM100M is allocated to restore the East Coast railway line along Gua Musang – Tumpat that was destroyed during floods. (Hss already doing work on east cost)
- To enhance connectivity of villages, towns and cities, 616km of village roads and bridges will be built and upgraded with an allocation of RM1.2bil.
- To maintain state roads, a total of RM4.6bil is allocated to all states under the Malaysian Road Records Information System.
RM55B for the industry will keep them busy for a long times....real winner for this budget. Too big allocation. ....everybody get their shares of business.
Court case is nothing, nothing serious ....small issues...all co will have something like this. The case could take more than 6yrs before any decision. Profit taking before moves again.
Why short selling is prime suspect for 7 sen drop from IPO? Insiders(directors) selling must be reported but latest announcement director bought 800 K. Who want to sell when IPO is 50 sen?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Yun Kai
211 posts
Posted by Yun Kai > 2016-10-12 15:40 | Report Abuse
HSS likely to loss the game tomrrow.