It's getting nearer and nearer to end 2017. TH has sold all it could for its insiders to collect at a lower price. The announcement for EDL is within the next 10 days.
heng1990 and apppolloang,such software exists.I don't the name as a friend came to our hse yesterday to show me.I was also very surprised such software exists.It costs him $10,000 for life.If interested I will check with him and update you all.Are you willing to pay?He is a newbie and he said he buy this software to exit hengyuan if it shows the institution funds selling.He told me henyuan's institution fund has increased from 90 % since friday to 95% today.I don't simply say things that doesn't exist lah!
Though I took profit thinking it might consolidate left 1/6 of c26 and all of wb,I still think there is upside potential.So far all Or forms only goes down but not mrcb.I think someone is accumulating rather a lot.The million question is whether it will consolidate a few days before breaking up or go straight up from here.I still think it has good chance of consolidating before it has better momentum to break new high for wb and c26.
@annetan The software is called homily. Yes It is costly b. I think it can help to identify certain timing But I am wondering why the vendor did not use this to their advantage instead of peddling this software how much profit can be made if the vendor invests like a pro?? Still a bit doubtful on its killing power.
@sarah... you still q at bottom pit ,?? I place tiny support to tuan calvin a bit, I bought in few @1.04-1.06 25% holding , as long term investor n the rest I hold WB just in case they take off without boarding pass. I also Q at 0.965 is try try luck only...
No choice buy back half of what I sold for wb.bought back 60% of c26.Can also look at c21.Though conversion is higher,percentage return could be higher than c21 is it kicks up to 1.15
This article first appeared in The Edge Financial Daily, on December 19, 2017.
Gamuda Bhd (Dec 18, RM4.83) Maintain buy with a lower target price of RM5.95: Gamuda Bhd posted results for its first quarter ended Oct 31, 2017 (1QFY18) with revenue coming in at RM771.8 million (-24% quarter-on-quarter [q-o-q], +53% year-on-year [y-o-y]) and core earnings of RM203 million (+98% q-o-q, +25% y-o-y). Gamuda’s 1QFY18 core earnings made up 26% of our and consensus FY17 forecasts, which were within expectations.
The mass rapid transit Line 2 (MRT2) (RM32 billion) is progressing well with 97% of the work packages already awarded. Overall progress on the project delivery partner (PDP) scope is at 13.3% while the underground work is 19.5%-complete. The first tunnel boring machine has been delivered to site and the first tunnel drive is expected to be launched in February 2018.
While aborting the PDP model for MRT3 may be a slight setback for Gamuda, we reckon that not all is lost. As about 80% of its alignment will be underground, the PDP scope would have been limited to begin with as it applies only for the elevated portion. Management has shared that MRT3 will have a mandated local content requirement in the range of 40% to 50%. We believe that Gamuda has a participating chance in the underground work via subcontracts given cost advantage as its existing 12 tunnel boring machines for MRT2 can be redeployed for MRT3; it has experience with the MRT1 and MRT2; and it has done extensive soil condition research.
Last month, Gamuda announced that it would form a 50:50 joint venture (JV) with Malaysian Resources Corp Bhd (MRCB) to bid for the high-speed rail’s (HSR) PDP role. The PDP will be in charge of the civil and infrastructure work (ex systems and rolling stock) for the Malaysian stretch of the HSR, estimated to be worth RM35 billion to RM40 billion. Contenders for the PDP role must be led by locals. We reckon that the JV is in a strong position to win the role as both parties are two of the few contractors with PDP experience (MRT1 and MRT2 for Gamuda and light rail transit [LRT] 3 for MRCB). Rail track record-wise, Gamuda has MRT1 and MRT2, Northern Double Track and Kaohsiung MRT while MRCB has LRT Ampang and MRT2 elevated viaduct. Tender for the HSR PDP will be closed end-January with a possible award by mid-2018.
Gamuda’s earnings upcycle is poised to hit another round of multi-year high in FY18 and FY19. It is also a key play to ride on the upcoming mega rail projects such as the HSR, East Coast Rail Line, and MRT3. — HLIB Research, Dec 18
KUALA LUMPUR: Malaysia and Singapore have called for a joint tender for an assets company (AssetsCo) for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
In a joint statement issued by MyHSR Corporation Sdn Bhd of Malaysia and SG HSR Pte Ltd of Singapore on Wednesday, they said bidders will have until June 29, 2018 to submit their proposals.
“A tender briefing will be held in Kuala Lumpur on Jan 23, 2018. Through this open, fair and transparent procurement process, MyHSR Corp and SG HSR target to jointly select a qualified bidder by the end of next year,” they said.
All tender submissions will be evaluated for their technical solution, commercial robustness, financial sustainability and price.
The AssetsCo will be responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets (e.g. trackwork, power, signalling and telecommunications).
The AssetsCo will also coordinate the system’s network capacity for operations and maintenance needs.
The call for tender follows extensive preparations by MyHSR Corp and SG HSR since the Kuala Lumpur-Singapore HSR Bilateral Agreement was signed by both governments in December 2016.
They said the project is a complex and extensive transport infrastructure project for both countries, which will generate huge socio-economic benefits arising from the increased connectivity and travel efficiencies.
MyHSR Corp CEO Datuk Mohd Nur Ismal Mohamed Kamal said: “We are delighted with the progress thus far with the submission of the Section 4 Land Acquisition Act completed, on-going Public Inspection for alignment within Malaysia, recently launched Project Delivery Partner (PDP) and today’s joint tender launch of AssetsCo.
“We welcome all interested parties to submit their best proposal for the AssetsCo tender,” he said.
SG HSR managing director Rama Venkta said: “Today marks a major milestone for this game-changing project, which will dramatically improve connectivity between Singapore and Malaysia.
“We are heartened by the enthusiastic response from the market for the Kuala Lumpur-Singapore HSR so far. Their feedback at the two industry briefings has been valuable in helping us design the parameters of the AssetsCo tender.”
MRCB has been quiet and building pressure and stress. Once it reaches the maximum, it would erupt and nothing could stop it then to rocket high. The symptom is here when there are high volumes but price not moving much.
2. INSIDERS NEW ESOS BENCHMARKED AT LASTEST CLOSING PRICE OF RM1.07. SO MANY SHARES WERE ALLOTED FOR INSIDERS. FUTURE PROSPECT OF MRCB EXPECTED TO BE VERY FANTASTIC.
THE UNDERTONE INDICATES A VERY BRIGHT FUTURE FOR ALL IN MRCB
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....
John Yap
67 posts
Posted by John Yap > 2017-12-18 17:37 | Report Abuse
TH is the one made it difficult to up ,.he set the road block all the way