Pattern right usual , one day show , not more energy any more , problem on country not liquidity to RUN , off shore is RUN AWAY , not clear direction plus weak politic background , all not experience trace .
Many ppl don’t understand what is mean by consolidate... u guys better buy in don’t wait until .87 only see the volume see the TA only call buy.... good luck!!
MRCB drop because JV contract has been reduced by 50%...meanwhile the sub-contractors margins are preserved (as long as no further reduction in planned works)...that's why SUNCON, WCT, IJM, GBGAQRS are better buys now that LRT3 is confirmed
.79 is the right issue price u guys don’t be kidding la..... with the proceeding work of LRT3 project even the cost cut into half it would still mean lesser profit better than mere loss!!!! So the company share price should go back to its book value...=NTA1.1+++
GKENT and MRCB not moving / down today because game is already set - the contract value has reduced by 50% and GKENT-MRCB is main con....might as well bet on sub-con GBGAQRS, IJM, SUNCON etc etc because their contract with Gamuda did not change (in fact, will receive a confidence booster now that it is a confirm go-ahead from government)
Think about it....while GKENT-MRCB lost 50% of the contract value, this loss is not due to reduction in LRT3 specifications (hence sub-con like GBGAQRS will still deliver the FULL specifications as per original contract)....the only losses are borne by GKENT-MRCB as main con....sub-con unaffected
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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....
tuapuikia
2,346 posts
Posted by tuapuikia > 2018-10-18 10:52 | Report Abuse
buy buy buy