Very hard to say...If there were hanky panky deals in there, mostly will be renegotiated. If the country financial really in dire state, mostly will be shelved and put on hold. In my opinion, dont think they would cancel it point blank. For ECRL, could be cancelled straight away as there are no return of investment at all with the amount of investment put in, unless the contractor willing to renegotiate and provide further discount and better terms.
I think d project will be on hold until financial becomes more comfortable. No matter how, still need to pay interest for d 1 trillion debt. Better strengthen d financial first
i will choose HSR. why ? -> new developments, provide more jobs for local citizens, bring in new technology, more convenient for locals & foreigners etc... toll abolishment = 1-1=0 = country development stagnant = pi mai pi mai tang tu.
. fundamentally ok time to buy some to keep or average down. they are the few mega construction firms. 50 sen? if happen, will pick! 90 sen? if happen, wait for further up!
Market sentimental weak, due to Trumps and 1mdb. Menteri Kewangan Lim Guan Eng announced bankruptcy of IMDb and he refuses paying the debt for the said company is necessary and should be supported!! The right management would eventually bring up the whole country market!! Buy on weakness!!!
No need to add more at this moment. Keep more cash in hand. In May n June, 1MDB needs to pay huge interest. 1MDB has been insolvent. Wait government to pay for it. In middle june, there has FOMC meeting on interest hike in US. In middle/end june, there may has meeting between US n north korean. A lot of uncertainties now.
Samuel, i also have some loss. Still keeping some wb but not a lot as i sold part of it b4 election. Plan cash out from market. Just keep whatever existing in hand until it recovers. Will not add further. US's national debt n consumer credit card debt breaking highest record, even higher than d figure in 2009 recession. When FED increases interest, condition will become worst. Will stay away first.
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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....
ken law
538 posts
Posted by ken law > 2018-05-23 09:32 | Report Abuse
please buy more !!!
huarrr!!!