this counter now is like doing garage sell to boost liquidity. Somemore got timebomb like PKNS-NGD court tussle. EDL highway resolution is not total buy-off by govt, collecting toll when can it breakeven and turn green? Plus the most sarcastic is lose in construction projects. Reform take times, good luck comrade, cutting lose just to leave this. Orderbook not strong, only hope is the KL Sentral but which is still builting, FY14 i guess still eat west-north wind...cham
thanks for yur advise lawrence..but i only buy sw only for this counter...already buy in mrcb-cq 100k at 0.005 cents only..wait until expiry what the result ? fly or die
@Lawrence, first i also think this counter at least got political "background", but i really scare it will become second MAS. In this forum a lot of comrades' still holding it. I wish you all good luck.
if you guys read CIMB report, 2 date is important: 3rd jan 2014 high court decision and 1st jan 2014, government action on EDL. This mean have another month to struggle....
it will definitely stimulate, like starcraft stimpack, hyper a while but then mati pucuk afterthat. Anyone still recall PLUS highway operator use how many years to breakeven on their account? MRCB financial statement is too koyak, gearing spike, P/BV 2.x showing overbuy, KL sentral like never finish one, many outstanding job continue burning money. The most miserable is project based company if kena LAD penalty is totally disaster, haven't taste the profit then sudah kena cucuk, this will cause the whole project management in jeopardy. No orderbook, direction not clear. Only know still fighting with PKRS on Gapurna thing...gonna be next MAS if continue behave like this....
Haha55..bless me for early cutloss and clear my free-4-nothing wa..and since im johorean & keeps using the highway..sure not happy for the tolls..everything naik..bil api pun dah naik..TENAGA juga untung
now those hold this counter is like gamble, hope there is good news and boost up the price. The more i read their annual report, after KL Sentral i cannot see other mega project. Nusa garpuna is their last bet. wallap the landbank, also their debt. But PKRS really that easy let go? If really that lucky PKRS let go and compensate then another quarter net lose again. If all going smooth, FY14 is the year no revenue generate but project costing. Only FY15 can see the sunshine. So FY2014 i outside farm a year first, FY15 come back take back my losing part x.x
Tend to agree with tofuman, no hope this year, hopefully FY2015 we could see some gain and that too depends on the leadership & direction next year. I am also holding this counter and waiting for it to move up and cut losses.
wah, TA also can trust, really pig can climb tree. Although below bolingger band, but i think it's deal with DUKE highway. It seems MRCB also involve and but now their position is trying to sell off their only 30% share for stimulate cash flow. Again,liquidity issue, MRCB very keen to sell whatever they have and only hope is Gapurna's landbank...
koyak71, never advice people sale or buy. But look like all people should alert on US site, they gonna vote for the debt issue again. Then those drama melayu confirm will drag down the market sentiment. Plus QE, US never end this kind of trick, there's always a timebomb mining over there. Look see now, pick fundamental solid one, trace on government ETP activity. I can smell MRT2 is around the corner this month...
Tofuman..I never advice ppl to buy or sell. Their money up to them which counter they want to buy. I said I make a wrong decision follow my remiser advice.
no right or wrong de lah, is your remiser studied CFA or not? If they can trust no need to earn your commission liao. Hold with passion loh, i also waiting a chance to get in cheap only, cash king always the best. all the best
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....
koyak71
752 posts
Posted by koyak71 > 2013-12-02 12:57 | Report Abuse
for now just wait to move up...try to accumulate...