There are more than 900 companies in KLSE, 30% are quite profitable, maybe >10% are strong , well managed companies. Hiap Teck has a big NOSH with a poor price history. If I am uncle with his huge financial can easily look for some nuggets to play with. This Hiap Teck thing is getting boring.
The deposits are sitting on some of the roughest and mountainous terrains. Supporting infrastructure like roads, water etc are likely nonexistent and needed to be built from scratch. Frankly speaking, if China wants to invest , she would need to put in a bottomless pile of money.
This is a very interesting post, which I think uncle should post more instead of the useless stocks posts ( no offence), which nobody take seriously anymore. With this kind of poor quality government, Malaysia is on the way down, and countries like Vietnam, Philippines are going up. Dont be surprised when countries like Laos overtake us in 40 years time !
I would advise uncle not to issue any buy or sell calls. It's great to write articles but when you issue buy calls and the stock turned, your fans will turn into foes. Uncle should write more interesting articles like 'What do women really want? '
America will not accept a clear and present geopolitical competitor and has already fired the first shots. Creating or supporting unrests in HK, Taiwan and Xinjiang. Crafting alliances to contain China. Decoupling key industries to slow down China's rise.