I always hentam CP Teh for his failure to learn. Yeekarwai is one example I always quoted to convey the message that if you learn the proper methods, you can make some money in the market rather than just waiting for the market to crash
Icon8888 Sifu, please look into Jaks' as its stream of income has been increasing and sustainable going forward.
Jaks may be the few construction stocks that have been lagging in terms of share prices.
Management is confident of disposing of its Evolve Mall within the next 9 months. This will make it in net cash position. Significant savings from loan interest to be resulted.
Jaks' book order now balloons to RM3bil. More importantly its Vientnam's RM1.8bil works have just started with the maiden contribution of revenue of RM48mil as reported in its QE ended 30-6-2016. Vietnam project is on schedule.
Just like Gadang & Gkent. Patient is needed when we deal with its share price. May be KYY would like to wait for the next QE for confirmation before he is buying in.
thank you sifu buddy invest for your tip. Let me have a look. I used to mock the stock in my earlier article. But things might have changed to more positive
The above shows land clearing activities in the Vietnam power plant 5 months ago or so. Significane: Progresses are made as reflected in 2nd QE.
For the power plant, Jaks JV with established state-owned Chinese company CPECC which has 300 Nos' energy related projects worldwide on its belt. Significance: They have the resources to complete the jobs on time. Jaks said they may complete ahead of schedule.
This JV only come into fruition after 10 years of lobbying job (overcoming the red tapes) in the Vietnam. Thank God this is not in India which will have been more complicated more red tapes as experienced by Mudajaya.
The JV has secured loans 75% of total project cost. The remainders 25% have been funded by Jaks and CPECC.
The JV awards the construction works worth RM1.83 Bil to Jaks. Meaning Jaks will recognise revenues and profits from this award for the next 4 years. So far, the project is very much on schedule which is very important to me.
They have cleared the hurdles of financing parts, red tapes, understanding local ways of doing things. It's time to see the revenue and profits trickling in going forward.
X Hiu Chee Keong RainT, for me, even keep track of 50+ In my queue list is not a problem, bcos i read the stock reports and news everyday from many different sources, and monitor it everyday, most of stocks in my profolio and queue list become like my old friends, always in my mind.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3450 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Icon8888
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Posted by Icon8888 > 2016-09-11 10:29 | Report Abuse
about 20. But not equally spread out. This year, my Top 5 accounted for closed to 60%