Time to short RSS standby Mon morning

https://www.shareinvestor.com.my/bc/downloads/midf/UEM_SUNRISE_BHD_(5148).pdf

UEMS has a remaining landbank of 3,707.73ha in Iskandar Malaysia with a remaining GDV of RM80.9bil.
The land was inherited with no holding costs and was good for development for up to the next 30 years.

Once RTS completed GDV will multiply !

https://www.youtube.com/watch?v=iHzs4uZRKmM

RTS Works already started !

https://www.youtube.com/watch?v=TVp4PIfzDtQ

JB property price will increase once RTS is completed !

Malaysia begins construction for Singapore-Johor RTS Link with groundbreaking ceremony at Bukit Chagar station
Johor Bukit Chagar station
The groundbreaking ceremony was held at the construction site for Bukit Chagar station, and attended by officials via an online video conference. (Photo: Johor Royal Press Office)
New Content Item
By Amir Yusof
@AmirYusofCNA
22 Nov 2020 07:33PM
(Updated: 22 Nov 2020 07:40PM)

JOHOR BAHRU: Malaysia began construction for the Rapid Transit System (RTS) Link project between Singapore and Johor on Sunday (Nov 22) with a groundbreaking ceremony at the site for the Bukit Chagar station.

The event was attended virtually by Johor's ruler Sultan Ibrahim Iskandar, Johor CrownPrince Tunku Ismail Sultan Ibrahim, Malaysia's Transport Minister Wee Ka Siong, Johor Chief Minister Hasni Mohammad and other government officials.

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During the ceremony, Malaysia officials also announced that 40 per cent of the infrastructure costs borne by the Malaysia government for the project will be set aside for bumiputera contractors, including companies in Johor.

The RTS Link aims to connect Bukit Chagar in Johor Bahru to Woodlands in Singapore, serving about 10,000 passengers per hour each way to help ease traffic congestion on the Causeway. Passenger services is targeted to start from end-2026.

RTS Link platform Bukit Chagar
An artist's impression of the train platform at Bukit Chagar Station. (Photo: MRTS)
The groundbreaking event marks a major milestone for Malaysia Rapid Transit System (MRTS), the developer and owner of the civil infrastructure for the Malaysian section of the RTS Link.

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The Bukit Chagar station will feature a four-storey building, encompassing the train platform and an immigration, customs and quarantine complex (CIQ), said MRTS chief executive Mohd Zarif Hashim in a speech.

The project facility will be part of a transit-oriented development with an adjoining transport hub and mixed property development, he added.

"The RTS Link project is a rail project which is fast and efficient, to facilitate more convenient travel between Singapore and Malaysia, especially for the comfort of Johor residents. It will connect the Bukit Chagar station, which is located next to the JB Sentral station, to the Woodlands North station in Singapore 4km away," said Mohd Zarif.

Layout for RTS project
The layout for RTS Link project. (Photo: MRTS)
He explained that the rail line would pass through JB Sentral, make a curve along Jalan Ismail Sultan before moving to Selak Tebrau and towards the Woodlands North station in Singapore.

Construction and civil infrastructure is expected to take four years, and the installation of the rail system will take another two years.

"This project is supposed to go live on Dec 31, 2026," said Mr Mohd Zarif.

READ: Implementing Singapore, Malaysia cross-border travel schemes was ‘right decision’: Johor Chief Minister
CONSTRUCTION RESERVED FOR BUMIPUTERA CONTRACTORS, JOHOR COMPANIES

The total cost of the RTS project is estimated at RM10 billion (S$3.24 billion). Both governments have agreed to a split of 61:39, with Malaysia forking out RM3.716 billion for the project.

Mr Mohd Zarif said that this cost includes system operations as well as development of the ICQ complex in Bukit Chagar station, and that 40 per cent of the amount for the infrastructure has been set aside for bumiputera companies.

“Forty per cent of the total infrastructure construction cost will be allocated to Bumiputera contractors, including those from Grade 1 to Grade 6 from Johor," said Mr Mohd Zarif.

He added that Malaysian company Adil Permata has been appointed as the contractor to do early work, such as cleaning the site for the station and shifting utilities in the area.

"The RTS Link project will expand the supply chain and develop the rail technology industry in Johor and provide jobs with the depot in Wadi Hana," said Mr Mohd Zarif.

The depot will be located 1km away from Bukit Chagar station.

Johor Sultan RTS Link project
Sultan Ibrahim Iskandar launching the groundbreaking for construction of the Bukit Chagar Station. He is accompanied by Crown Prince Tunku Ismail Sultan Ibrahim and Johor Chief Minister Hasni Mohammad. (Photo: Johor Royal Press Office)
Mr Mohd Zarif added that Sultan Ibrahim has also agreed to organise a contest for members of the public to suggest possible designs for the station's external facade.

Mr Mohd Zarif said the designs must "reflect characteristic of the state of Johor" and have "nostalgic elements" of how Malaysia's main rail operator KTM originated in the state.

The project was meant to be completed in 2024, but work on the project was earlier suspended at Malaysia’s request.

In July, leaders from Singapore and Malaysia held a ceremony at the Causeway to mark the official resumption of the project.

UEMS buying vol increasing

Those promoter here could be sharks eating ikan billis ....the truth next week !

Annoying or Best Addvice offered next week the truth will prevail ...will repost again

Why Sell ?If you notice daily tradess , Buying support is weak...hardly any major rebound. Secondly started to find the price is being heavuly manipulated...even at 1 to 2 bid increase instantly selldown or profit taking by Sharks. I believe in Jaks fundamental but at the mmercy of the BIG Sharks I think better luck to try at other counter. Those regulars who posted here, many has either left or stop commenting ...anyway wish those still with Jaks a bountiful profits a head. Peace out

Ppl who sold yesterday at 0.78 -0.785no need to thank me ya...lolzzz..to those dreamers hoping for a rebound pls continue to hold tight tight ya ...die die also dun sell let sharks sell first ya. Better sleep with AA shares too since you ppl dun mind to catch a falling knives ..

Hold on at higher price ...pls dun sell high ...sell low later ...annoying ppl

Sold all at 0.780 yesterday now still holding lots of cash ...supposing to buy Q at 0.750 but bcoz of annoying ppl decided to cancel.my Buy Q ....nothing can stop this crash landing ...still think it's price overvalued during MCO period ....maybe extended another 2 months likely

Airlines investigated over lockdown refund cases

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JAN 15, 2021 7:25 AM PHT

Lucky took profit at 0.68

Cut loss at Jaks but made back from Boustead !!! woo hoo

Cut loss at Jaks but made back from Boustead !!! woo hoo

Huge Road Block at 0.685! Seems like IB doesnt want it to go higher yet...good time to take profit at 0.68!

Annoying ppl in this forum sial ....keeps attacking my comments

It will go lower than 0.760 at closing ....if I m right you better dont appear in this forum k ykyew11..if I m wrong same rules ...dare to challenge ?

Sharks today trap ikan billis 0.755-0.760

Will sell by tmr .....cut loss

MCO extension quite certain.....will it affect price movement.....dun be the last stubborn dumbo to sell ...enuff said

So ? Uems hard to create panic selling

Just offloaded ALL to dump dump buyers at 0 785 today...now holding lots of cash , no hurry can wait for lower entry points

Crash landing is inevitable ...Sell and keep cash for better entry points ...LOLZZZZZZZZZZ

Mayday ! Mayday !



Covid-19: Record high of 3,337 cases reported, 15 fatalities bring death toll to 578

Hello Experts Here ....Can Still Up Ah? Panic selling anticipated....last to sell will lose more...simple as that ....enuff said! Sometimes holding lots of CASH ...maybe the BEST IDEA after all ...waiting to bait in panic sellers tmr

Obvious Last 2 days irrational push from 0.70 to 0.790 has run out of steam . Get ready for a harsh correction folks .

Never get fooled with the fake Bull trap ...many sharks pump up to dump down to you ...look at today trades 0.780-0.785 dump down before closing

Save your hard earned cash for later ...why the Rush ? Now just do nothing watch news ...spikes in cases everywhere ! Omg

Ikan, Ayam , Sotong Goreng tambah tepung goreng!!!

Sad but its the truth ...this Jaks is heavily syndicated manipulated ....take care and dont get trap ya all

T2 more contra force selling tmr ....good luck punters

Sharks trapping ikan billis today at 0.785 ...MCO to be extended how AA can profit ???? All business affected negatively
14/01/2021 11:44 AM

Gila to buy now during MCO ...what the rush? Bad news everywhere ...new lockdown everywhere now
14/01/2021 11:45 AM

Steady Punpipi CASH is KING!
14/01/2021 11:45 AM

Told ya all its a BULL TRAP

By Law and Order ...enuff said . Still think positively ?

RM0 Mulai 13-26 Januari 2021 pergerakan rentas negeri adalah tidak dibenarkan di seluruh negara. Di kawasan PKP rentas daerah juga tidak dibenarkan.

Pump and Dump Dump ...2 days from 0.70 to 0.78 during MCO ? Who want to come into Bull Trap by all means ...dun say Steady never warn k

Overbought have to sell b4 T2 ...good luck

Hahaha u sure it's over ? 0.70 soon

CASH is KING!

Gila to buy now during MCO ...what the rush? Bad news everywhere ...new lockdown everywhere now

Sharks trapping ikan billis today at 0.785 ...MCO to be extended how AA can profit ???? All business affected negatively

Closed 3 months next QR sure gone

Keep cash is emperor ...dun say I never share

0.655 Bull angry now ...hahaha

Looks like this Bull is waking up after long rest in the cave