I do not know where RHB got the RM300bil figure because for FY2009 - FY2013, they only allocated/spent RM120bil in CAPEX. And perhaps the same or a bit more to be spent for asset integrity and improved/enhanced recovery projects for 2014 - 2018. Bottom line, if Frontkn didn't really too well in 2009 - 2013, there is no reason they will do better this time around. Conclusion: Goreng counter. Go to Genting is better. lol
Before lunch break, sell volume at 0.175 more than buy volume at 0.17, I think after 3pm sure will touch 0.165, today will close at either 0.165 or 0.17 Better sell before too late.
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....
talentgrade
250 posts
Posted by talentgrade > 2014-08-24 00:26 | Report Abuse
This is a goreng counter. Just because it is O&G, you think it will go up?