not easy, like a long winter in construction sector. The business profits will be squeezed out gradually on those contracts awarded at old prices and also can expect very little new projects coming in with poor profit margin under current market circumstances...
Good, construction sector is facing toughest headwinds now as mentioned above, what else can make it more worst? It's time to accumulate this undervalue fundamental sound company.
Government has no money to implement big infrastructure project. Infrastructure companies will struggle for a couple of years. Higher construction materials cost, higher labour cost , labour shortage and lower productivity during pandemic will further add stress to P&L.
Those believers keep follow analysts' buy call here to buy from RM2+ till now already pok lor, long term investment + value share, just a marketing talk or trap...
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....
Ironman01
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Posted by Ironman01 > 2021-01-15 10:11 | Report Abuse
not easy, like a long winter in construction sector. The business profits will be squeezed out gradually on those contracts awarded at old prices and also can expect very little new projects coming in with poor profit margin under current market circumstances...