No doubt that as per initial schedule tender for HSR pdp should be out this month. However, looking at such a big project, they can postpone it if need to or they may announced another bidding for the shortlisted consortium. As for EDL that would be a big question mark as the negotiation can keep dragging until election time in August. Najib mostly will govern thru the full 5 years term in order to buy more time for him to push thru the delineation and closing 1mdb.
Yes won't announced in short term... cz if edl used too much money to compensate mrcb and plus then opposition might use it as a hot topic to push najib down...
Having saying that, Anwar is coming out from Jail in early June. So Najib may want to have election before June. But Ramadhan month gonna start in mid May. So he only have April to Mid May for the Election. And EC will need at least 30 days to call for election. High chance he will dissolve parliament this April after the final sitting
all the big guy also.want to.join partner with mrcb to get project. this is the power for mrcb. gamuda join with mrcb, gkent joint with mrcb, ekovest joint with mrcb , ha ha.
U all r wrong!!! Its all company wanna join venture with sarah to build the new hello kitty land!! 500 billion project. Each company i give them 1 million.
Dont worry lah. As mentioned earlier it would hover between 1.00 to 1.13 until 19th March unless there is a surprise announcement on EDL or BM or HSR. Otherwise, the counter only would recover after 19th March due to the expectation of HSR tender results. You have 2 weeks to trade there.
If MRCB secured the HSR project, then you have the whole April month for uptrend until GE.If can't secure HSR project, back to RM1.00 and stay there and wait for Q1 results in end May.
The reason it s not moving now are: 1. Thanks to weak market sentiment due to Trump and everyone forget about North Korea. 2. Big funds saving their bullets for better battles after 19th March instead of going against the trend now. 3. Kenanga is more than happy to keep it below 1.13 and wont do anything unless it breaches 1.13 until 19th March. 4. Retailers getting tired and giving up and selling MRCB to lower each day. They will find reason to sell down especially stuffs like recent DJI drops 1000 point and Trump tweet on steel/aluminium tariff. It s not even related to MRCB and yet they sold which further aggravated by the warrants issuers which are expiring in Feb and March. They are more than happy to fuel the sell down. 5. Insiders are more than happy to buy cheaper from you each day instead of defending the price. However, they are defending RM1.
10 days to monitor and see if my analysis is correct or not. That s my conviction so far.
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....
Trendd
555 posts
Posted by Trendd > 2018-03-08 18:58 | Report Abuse
Calvin said the same thing more than 100000000000 times