Short term fluctuate between traders and profit taking
Just wait for job award result
If substantial then Binacom should move up further
Exciting repetition of Ogse bull run last year
It started with carimin breaking 60 sen and pull back. Then carimin crosses 80 sen and I too call for profit taking. I was wrong then as carimin crosses Rm1.00 and still moved up to the peak of Rm1.47 which was quite unbelievable
I only bought Carimin at 39 sen then
I think Nfcp Bull run will be more powerful than Ogse for 2 reasons
1. Petronas Capex for Ogse upstream only Rm30 billions and half only for Malaysia. Rm15 millions was oversea under Petronas worldwide reach
2. Players in ogse were many Listed and unlisted ran into the thousands So the pie is spread thin
1.) For Nfcp the Fiberisation is Rm50.3 Billions in total which is 67% more than Ogse
And plus point is Fiberisation is confined to West Malaysia Sabah and Sarawak only
2.) Players in Nfcp fiberisation are very few compared to oil and gas players
So the Pie is Very Huge to be shared among so few listed upstream players
Now something also brewing in Netx
Combined staff strength of Netx Asiabio/fintec and mlab and others pooled in same office only 80 people
And they just gave out 150 million Netx esos at 2 sen equalling Rm3 million All taken up in just few weeks
They also see something very very very big coming from this once in a life time fiberisation boom of Nfcp Rm50.3 billions Bonanza job awards
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....
OngKawKaw
3,283 posts
Posted by OngKawKaw > 2020-02-11 19:17 | Report Abuse
Hari hari celebration tak boleh tahan o