Possible already price in @ current level, support should be @ RM 1.60......accumulating and look forward for next few months.....any additional awards will be bonus for HSL
With a record value of project in hand of about RM2.7 billion, the Group will be kept busy on project execution. Nevertheless, the Group will continue to focus its procurement effort related to its core business in infrastructure related projects such as upgrading of infrastructure and utilities for Sarawak’s rural communities which are Government agendas that produce opportunities for the Group. The Sarawak Corridor of Renewable Energy (SCORE) initiative as well as the forces of industralisation and urbanization provides further contract opportunities for HSL in the key SCORE growth node towns of Tanjung Manis, Mukah and Samalaju and the major cities of Sarawak. HSL foresees the property development segment with a variety of products will make greater impact on the business of HSL Group and is preparing for new launches in 2016 and beyond.
Q1 result release, earning lower but relatively stable, due to project still in early stage for profit recognition. Further downside limited, oversold......HSL should due for rebound
Current qr is not important., what matter is the future, the company has the capacity to bid for more jobs, and their order book is at record high. I invest for future, this is what investment all about.
today is the 1st day after the result was announced... 2cts view is market should react downsouth with huge volume if maybank sell call is accepted... looks like a fake call or rather wrong sell call was published...
How possible just a weaker qtr with record order book and upbeat future outlook trigger a sell off? This is no brainer..should top up more when the stock is down for no good reason..this opportunity doesn't come by often
Kwongliang is typical loser, so what if the share px drop, we can afford to hold it..why do we care for the current px..we invest for future, we think the company is good for the future growth, u think we invest for short term to make shorterm gain or just few cents gain? Ppl like u better go genting better, I bet u loss more money than what u gained in stock mkt...coz ppl like u will nvr make fortune in stock mkt.can u get 9 woman pregnant and expect a baby to be born in one months?
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
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 3111 views | 3 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....
Sebastian Sted Power
3,429 posts
Posted by Sebastian Sted Power > 2016-05-19 12:58 | Report Abuse
twobits you are right! QR profit drop