I have substantial sums in EPF account that remains untouched. Been thinking about it. I am also very comfortable in current arrangement because not touching it is very comforting and reassuring.
so, we will see. If I am making 40% a year...I don't need anymore injections. But making 40% a year also makes me greedy to inject more. Tough decision.
Many more good stocks compared this one. Forget hsl. If they so good and willing to share with minority, It shld have skyrocketed. Now is steel theme, load up more annjoo and prefer today. Stay focus on steel!
Sarawak-based marine engineering and infrastructure specialist Hock Seng Lee Berhad (HSL) has achieved sound progress across its sizeable project order book for the nine months up to 30 September 2016.
the words marine engineering already enough to frighten people off........lol
well written icon.. but you missed out one important point..
one of the main reasons why it has not gone up yet: 1) the 2 Mega projects won (Pan Borneo Highway and Kuching Centralised Wastewater Management Project) were at initial/start-up stages so not much revenue had been recognized as of the past few quarters. This has dragged down the 2016 performance. But if you follow FA, u will know that for construction, the revenue recognition is done based on construction progress instead of being linearized every quarter... so you can expect much more revenue and profit recognition in Q2, 3 or 4 this year and even in 2018... as most of us are aware, the unbilled orderbook is so strong that the revenue and profit is already guaranteed for at least 4-5 years
i have mentioned this many times at HSL forum but not many have listened...
when the mega project revenue and profit kick in, we will see who will laugh all the way to the bank...
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 4552 views | 4 d ago
0:17
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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-05-04 21:27 | Report Abuse
very good work, Icon.....
But not sure it will reach KYY because he says he doesn't want to open i3 anymore.