Hello Penang Light Rail transit, Pan Island Link 1, Expansion of Penang Airport and Kulim Airport projects are good enough for Ann Joo and Southern Steel. Further more when these projects move I believe the prices of steel bar also move up.
Other potential winners, the brokerage said, would include Sunway Construction Group Bhd and IJM Corp Bhd, given their track records for the construction of rail-work jobs.
As for building material companies, if the project still largely involved elevated structures, steel company, Ann Joo would be a key beneficiary, UOB Kay Hian said.
Heard Annjoo last yr b4 election was unofficially award of steel contract fr ECRL,but after election projects hv postpone and no news.Now ECRL can resume,annjoo pretty sure can secure back the contract.
7 Jun 2018 · KUALA LUMPUR: Following expectations of the East Coast Rail Link (ECRL) not being shelved, stocks of construction companies linked to the rail project rebounded yesterday. ... Hence, shares of construction companies such as Gabungan AQRS Bhd , George Kent (M) Bhd and Lafarge Malaysia ...
Annjoo 2018 EPS were 6.14+6.4+3.88+11.88=28.3 cents. 28.3 x5 = 1.41 28.3 x8 = 2.26 28.3 x10= 2.83 Expected fair value should 2.2 to 2.8 per share. Now, 1.71 per share... few rounds of retracements!? Tun Mahathir, just announced ERCL, followed by tender of KL-SG HSL project (closing on 26.4.2019), another one kajang-Putrajaya LRT 4.... Tun Mahathir is Bapa Pembangunan/ Pemodernan!
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2019-04-09 16:28 |
Post removed.Why?