I think no matter what happened, Gov must buy Splash. The only thing I don't understand, why Fed offer 6:4 letter to state gov? Why not state gov buy all 100% share?
Jacky, PAAB (under ministry of finance) suppose to finance the purchase because the asset (including liabilities) will belongs to federal gov n lease back to selangor gov for 45 years.
last 2 Q result -ve mainly due to receivable impairment of Splash, or else Splash suppose to contribute profit of 20-30mil per quarter ( 400mil splash profit * 30% shareholdering)
Seem like the price is holding very well . It waiting to going up . No worry to hold another 6month because still have another 4.25cent dividend . But I guess not so long fed and state will settle the issue . That only a small risk about will the GE come early before than the new due date ? If not that is no risk about this investment .
Don't blame others (e.g. Bones) for any losses if one decided to invest based on his recommendations. You decide how you use the information and make your own decisions
Overnight parking indicates that 1.58 is the point where retailers are willing to sell so once contra players have unloaded....1.60 will be next target
That statement probably put up by some BN insiders in the State Government - "musuh dalam selimut". I think Azmin will fix that along with the Splash issue. So silly, u think by having a higher mosque than you are nearer to God?
Wow that is good support at this moment . Seem like some big player block the price and keep buying back at 1.49 . Maybe can go back to 1.55 level very soon ..
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MQ Trader 773 views | 5 d ago
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The_Reds
2,025 posts
Posted by The_Reds > 2017-04-05 22:52 | Report Abuse
Kps is slowly up 1-2 cent everyday when nobody focus on it