Malaysia market will be green...always opposing the external trend...just watch...red a bit then green all the way.. Actually might be a good time to buy on dip...
In Sarawak, mostly government big project goto GRC ( government related company) like Scable and CMSB. That why CMSB share price shoot from rm0.70 til rm4.20 in just few years. As they directly get the project from government and Sub-contract to the small company.
Both GRC is owned by Our Sarawak TYT and his family. U still think got people can beat them down. Sacble could be the second CMSB in future or maybe better than it.
EPS dropped as they had spent a lot in hydropwer plant indonesia. But once it completed , it will start to generate profit and lower their expense.
rights issue not worth lah buy 1000 unit rights only get 200 free warrants. kedekut towkeh, expect to down somemore when rights approve. just like UMW-OG
Gonna go down somemore la based on CIMB research. Apollo Ang is right
“Our ex-all fully-diluted (FD) target prices [20% discount to revalued net asset valuation (RNAV)] of RM1.39 (min scenario) and RM1.36 (max scenario) imply 1% to 3% upside (with dividend yield) to the theoretical ex-all price of RM1.37,” Sharizan added.
The CEO mentioned that they would call for an EGM in July to seek the shareholders approval on the RI. It would proceed as planned according to the CEO.
Seng Thye Ng, early of July beware...can take profit July if don't risk further...See the dividend Ex date also shld be in July...plus EGM in July for RI....This counter could be volatile...
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....
Junx Leow
524 posts
Posted by Junx Leow > 2017-06-12 09:46 | Report Abuse
https://klse.i3investor.com/blogs/sinchew_company_story/125171.jsp