CIMB research reported that "While there was no mention of MRT 3, similar to the 12MP mid-term review, we believe this project is still on the cusp of awards with the tender validity extended to end-Dec 23 and strong endorsement from the Minister of Transport. We estimate that the three large civil main contractor (CMC) packages are worth a combined c.RM30bn (total project value of RM40bn-45bn including land acquisition, systems and rolling stock). In our view, the main beneficiaries are Gamuda (for CMC303 tunnelling works), YTL (lowest bidder for CMC302) and MCement."
SOLD some YTL @ $1.4941 avg last wk on 12/10 not because I wanted to, but needed the profit to offset a loss on shares I was forced to sell because of arbitrary, anti-Semitic regulations. Looks like it was the right thing to do...
PureBULL >>>, [2023-09-29 10:31 PM] MKT HAS NO MONEY YET
all the money again is going in to help rebound up GWS, great winning stocks, of the recent cycle, all the property stock + ytl n ytlpower. GWS that dropped > 9% of their highest cycle price = must serve jail term = CN, Correction of 6 to 10 weeks min.
the next new cycle needs money out of last cycle. n mkt is yet to show a distinct brand new class of GWS of the incoming new cycle.,.
PureBULL >>>, [2023-10-16 12:02 AM] Last good cycle of property stocks + ytl, ytlpower
r having stale bulls being caught at penthouse n below. they must enter CN to do jail term. It will take a long time of 6 to 10 weeks min. for CN stocks to get back to life to New High, or never again!
LOTS of money must be spent to help all the stale bulls to sell at break even pts. much more money than during the good cycle play is required to go new high. who can do that financially?
PureBULL >>>, [2023-10-18 3:12 AM] The passing of property stocks today, is causing players to simply dump out all stocks.
The BUDGET indicated that msia is so poor n will never able to do HSR. it can only be done if ai win BIG after GE16.,.
stocks that can easily take this heavy beating will likely rise as the next GWS, Great Winning Stocks of the new cycle.,.
Mkt Secret: there r 2 to 4 cycles p.a. on KLSE. we saw GLOVE rebound-play from mid Mar to May 2023 then PROPERTY theme took over n began from Jul to Sep 2023.
A NEW cycle could take some time to show up.
++++++++++++++++++++++++++++++++++++++
BE GREEDY TO START OF GWS, Great Winning Stocks
i.e. convincingly at std 4 then best is at Form 1 as round 1 n at Form 4 for round 2.
Be v FEARFUL at euphoria of std 6 n or Form 6.
n extremely fearful holding stocks in CN, Correction.
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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....
Eagle77
6,045 posts
Posted by Eagle77 > 2023-10-14 13:55 | Report Abuse
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