This stock will fly after November result, good news will keep coming, buy

https://www.google.com.my/amp/s/www.theborneopost.com/2019/10/10/advancecon-bags-rm49-4-million-contract-in-sarawak/amp/

Haha no profit? Are you kidding? Short term tp 55 cents after taking into consideration all the factors, low fuel price, wce earnings, compensation from mitigation, at least 4.5 - 5m, buy

Coming result is superb. At least 200% yoy jump. Buy before too late

Hahaha yes he must have lost a lot! This counter is on uptrend, with the handing over of almost 100 percent of WCE 7A, coming quarters will be ok, plus points are securing of more earthwork contracts which is very likely

WCE earnings will come in any time soon, thus margin and bottom line will improve, buy

Short term catalysts would be
1. Handover of WCE lands so that their topline and margin will improve
2. Contract awards from Sarawak and township (ECRL probably end of year)

if without ESOS 0.89m it would have been positive both qoq and yoy, financial position has improved with the increase in cash and reduce in debt. With ample of earthwork opportunities from ECRL, Sarawak and township projects prospect will definitely be good

四眼吹水王，沒原則，收皮啦

be patient, all have equal chance to win the contracts

The civil work packages intended to be subcontracted by CCCC include earthworks, formation works, soil improvement works, foundation works, structural works, road works, and building works.

https://www.theedgemarkets.com/article/mrl-urges-contractors-participate-ecrl-prequalification-exercise

Still cheap, buy now and hold till ECRL, Sarawak contracts awarded, easily double

shooting up!

next QR is gonna be excellent. Earnings of many township projects will start to roll in. If they manage to secure more contracts especially Sarawak share price will soar higher. Buy.

the train is gonna move soon, first tp 0.40, please get your tickets and sit tight!

look long term, tp at least 0.8 by end of year

sarawak projects, revival of ECRL...buy!

http://www.theedgemarkets.com/article/malaysia-nears-deal-china-revive-scrapped-rail-project

https://www.straitstimes.com/asia/se-asia/malaysia-cancels-deal-with-china-company-seeks-new-contractor-for-east-coast-rail-link

You won’t be able to get this price soon

just buy

https://www.malaymail.com/news/malaysia/2019/01/22/ecrl-still-on-table-says-daim-who-zips-lips-on-jho-low-as-bargaining-chip/1715190

https://www.malaymail.com/news/malaysia/2019/01/22/ecrl-still-on-table-says-daim-who-zips-lips-on-jho-low-as-bargaining-chip/1715190

Buy

Recent plummet of oil price will help on the margin as well

lohboonsen Totally agreed with you

Don’t be so greedy la bro, aim IPO price 63 cents first. But hope your TP comes true la lol

http://www.theedgemarkets.com/article/advancecon-plans-big-strides-sarawak

Massive accumulation today. This is gonna be one of the bull stocks to watch out for in 2019

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5983329

http://www.theedgemarkets.com/article/advancecon-bags-rm43m-earthworks-job-sime-darby

Buy. Oil has plunged from usd 86 to 72. 2018 coming to the end, next year profit margin will start to pick up, monitor wce status closely, Sarawak project got high chance, they have experience in pan Borneo Sarawak, based on their experience should be able to secure some contracts

http://www.theedgemarkets.com/article/record-spending-sarawaks-infrastructure-development-—-abang-johari

The continue buying of share by the company and directors show that the business is still continue as usual, what investors need now is patience

Oil price recently is falling proportianately with the bearish market too, it won’t remain the current high for too long.

Because of all the temporary factors and poor sector sentiment since the changing of government, the price has plunged unreasonably low and this makes it a potential turnaround stock that upon the recovery of the construction sector, expect to bring lucrative return to those long term contrarian investors who are entering at this price

Agreed that the under utilisation of machines and high diesel price impact their earnings.

But those will be partially if not fully resolved next year when the land hand over issue is resolved and new contracts quoted based on high diesel price are executed

Profit margin is expected to recover gradually.

The selling of land is not intentially to pay debt. They’re offered above market price which they could hardly resist.

When Mr Market behaves unreasonably, when a stock with a NTA of 44 cents and 900m contracts in hand plunged to a all time low of 28 cents, yet the company is still offering ESOS at 35 cents and the company and directors are busy buying back share aggressively, you should know very well what you should do now

Who knows maybe PH is teaming up with MMC-Gamuda to con foreign fund money in the market to reduce the trillion debt

PH can go sell roti canai they can make the best roti canai ever!

Never ending flip-flops!

https://www.freemalaysiatoday.com/category/nation/2018/10/09/govt-to-review-mrt2-project-retender-decision-says-mahathir/

The Group's financial performance had improved gradually as compared to the last two (2) quarters and such trend is expected to continue due to the following reasons:
1. The recent change in government does not affect the continuity of the Group's projects, namely West Coast Expressway and Pan Borneo Highway;
2. The Group's current outstanding order book of RM 908.7 million will provide earnings visibility for a minimum of 24 months;
3. The announcement that construction services shall be exempted from Sales & Services Tax augurs well for the Group and the industry as a whole; and
4. The Group's ability to secure several new projects worth a total of RM 47.85 million was a testament of the Group's resilience in times of market uncertainties post GE14.
Hence, the Group is optimistic to deliver a positive financial results in the current financial year.

Result out, better than expected. Both revenue and profit margin improved. Profit starts to pick up gradually, time to buy more at the current price

Estimate 300m revenue, profit can hit about 30m in 2019 share price will definitely come back

Good time to buy if you haven’t, expect the worst to be over after this quarter and earning will start to pick up in 2H18, and strong earning in 2019

EPS will at least triple upon resolution of all issues

diesel issue will be resolve for those newly awarded contracts + WCE and other project earnings 2019 will definitely be a good year for advcon

just hold, tp at least 0.9 - 1.0 in 2019, now still cheap to accumulate