2 mths to ink agreement, i feel 1.50 possible, once agreement signed 1.80 then up n down game may start.Then Q report important n basing on that Fund Mgrs hv to give their TP. For those new comers who feel jittery can hold for 2.00... 3mths from now....palm oil price+crude oil price is not imoroving so this stocks r down so fund mgrs will come here wt big volume n volume is what pushes price up....good luck trade at yr own risk.
U read all d media news incl of weekly Edge & Focus, u can make a better Remiser dont depend on d fund mgrs they r all dirty syndicated players!!!!!!!!!
Yeah don believe too much on kenanga.. They got their own trader and their report just benefit to them and lure people come in.. Trade with ur own understanding will be better.. Don get influence by other..
Lol...instead of cursing kenanga, should also do the same to the person telling grandpa story on how he bought low and beware of engtex...bla bla bla. So happy to see engtex to rise and i really hope it goes 1.50 so that spammer will stop spamming on every forum.
Judging by the buy queue, I can say that there is tremendous appetite for Engtex shares. But the buyers not willing to pay more until water deal completed.
If that is the case, we can expect major re rating the moment the deal is done. The buyers will go all out to chase, they won't give face
As long as Najib is still PM, all contracts are Good. PAAB and Selangor are discussing finer details only. Splash new offer will be coming in 2 weeks times. Sept completion is still on bcoz no announcement till now.
KUALA LUMPUR: Pengurusan Aset Air Bhd (PAAB) is optimistic that the transfer of water assets in Selangor to the company can be completed ahead of the 60-day expiration deadline.
Chief Executive Officer (CEO) Datuk Ahmad Faizal Abdul Rahman said cooperation from all parties were good as there was mutual understanding that if they did not move on from this successfully, the deal would not go through.
“Negotiations are proceeding smoothly, and I believe there is no problem to resolve the water crisis for Selangor earliest by the end of August.
“We will do this as soon as possible…as long as this issue is not resolved the Langat 2 project cannot carry on smoothly,” he told reporters on the sidelines of PAAB’s Aidilfitri Open House here, today.
The water restructuring Supplemental Agreement was signed on July 10 by Ministry of Energy, Green Technology and Water Secretary-General Datuk Loo Took Gee, Selangor State Secretary Datuk Mohamed Khusrin Munawi, Pengurusan Air Selangor Sdn Bhd CEO Suhaimi Kamaral Zaman and Ahmad Faizal.
The signatories have 60 days to fulfill the Condition Precedents in the principal agreement.
On the Langat 2 project, Ahmad Faizal said the progress was at a 22 per cent completion rate.
“We are waiting for the Selangor government to release all permits and approvals, which are expected after the completion of the water supply services restructuring,” he said.
When asked whether water tariff would increase after the water supply services restructuring was completed, Ahmad Faizal said: “It is not PAAB’s responsibility to look at water rate as it is the prerogative of the respective state governments.
But as far as I know, water rate is not going to go up.” — Bernama
yes, it definitely will complete much earlier, both Azmin n Najib needs to close it fast to have name in the history and show REAL GOOD JOBs been done to the Rakyat !!
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 276 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11439 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
SinGor
4,834 posts
Posted by SinGor > 2015-07-20 12:47 | Report Abuse
HaHa. I think Jokerforever7 is going to win the bet.