Malaysia’s construction sector rose 8.1 per cent year-on-year in the value of work done in the second quarter of 2023 (2Q 2023) to record a total of RM32.4 billion according to the Department of Statistics Malaysia. Hence, we can expected Glostrext will continue to perform for the next quarters
Buildings, infrastructures and facilities in developed cities will need monitoring as it involves public safety, for example, MRT lines and tunnels. Glostrext, are the one providing the instruments and monitoring technology to the industry. Mid- Long term for the win !
Construction and infrastructure projects will increase after the state election, especially railway projects. Prepare for the construction cycle to come
agree with welcome88. but again, even their company directors are not buying back at 0.24 after selling at 0.65. best to avoid until they buy back. should go below IPO price after few weeks.
Nice try but no cigar. Unable to hold above 0.255. This 0.255 is 1st day long red candle close. Susah mau lepas babe.
Paktua sangkut. Sangkut, buang. Jgn sayang2. Dec bawah ipo la. Ipo pe 23 mahal dy. Skrg tak turun bawah ipo 0.19 sebab ada price stabilising mgr. Lepas sebulan dia habis kerja. Mesti jatuh bawah ipo bila dia tarak.
Not true that this is a scam counter. just that the current price is over-valued. market will determine its appropriate value in few weeks time. buy in again at RM0.2 range.
Newly listed shares also do troughly washing, still clean ma, wash until all abstain buying your shares then only you will taste eat yourself situation.
1. even 0.19 cent is still an expensive price, considering geotechnical instrumentation and testing industry is a low grow industry.
their industry carg Malaysia for 2017 – 2021: -ve% their industry carg for Singapore for 2017 – 2021: 5%
2. last 4 years revenue also did not grow much
3. directors & key management remuneration is too high almost 24% of gross profit. industry in general remeneration is better around 10% of gross profit.
4. what they can offer is only WiNA platform and their expansion to Singapore is nothing new
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....
TimiraosL
101 posts
Posted by TimiraosL > 2023-08-18 16:02 | Report Abuse
Malaysia’s construction sector rose 8.1 per cent year-on-year in the value of work done in the second quarter of 2023 (2Q 2023) to record a total of RM32.4 billion according to the Department of Statistics Malaysia.
Hence, we can expected Glostrext will continue to perform for the next quarters
https://themalaysianreserve.com/2023/08/09/malaysias-construction-sector-expands-8-1-in-2q-2023-dosm/