In case you missed. I recommended SILK at 40 cents on January 2rd this year in Regain Capital; Choco Ship Passengers Forum because of 2 things
1) SILK Toll Road in Kajang & 2) Oil & Gas Projects.
Since then SILK Has Doubled in price.
Today I made another surprising discovery. I found that AZRB has been awarded a 50 Year Toll Concession from Gombak to Kajang. And AZRB also into Oil & Gas Projects. See further write ups at AZRB Forum Site.
Buy! double hammer!...approval delay cause by UKAS. Me thinks this is one of the better deals lately.win-win.IJM/RBH wants more toll road assets for their highway listing;SILK tidies up their balance sheet.Sticky ...the bond holders.
Silk is not a punting stock..It moves based on fundamental. .must have patience..Once the sale of the highway is completed than you will see more activity. .
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zzzzz
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Posted by zzzzz > 2014-07-30 17:55 | Report Abuse
1.40 ? For how long ?