Logging business is making good profit this year timber price has been shooting up n will keep increase. Not sure this counter qr will be good or not just hold
I believe that Fajar and Gamuda will recover unlike GKent due to the following reasons: 1. Drop was due to perceived MCA links but as can be seen on the price pre election, price does not reflect a strong correlation to MCA. 2. Fajar has equipment that very few other construction company in Malaysia has. 3. Fajarbaru is diversified and not solely dependent on its construction business. 4. The open tender system under PH now gives Fajarbaru a better chance of securing new projects as some of these are being reviewed again. 5. TDM during his 22 years has been champion of infrastructure projects.. Petronas.. etc
Fajar at these level is too attractive I q 0.395 start accumulate hahaha.... Very good fundamental stock diversify business profile and high level constriction project... Over done Ya... OK to keep
Personnel view new government has emphasis on science and technology the new growth engine. Next Tuesday railway project should be ongoing but must have local institute involvement with cheaper cost... Worst had impact to all construction sector.. Next week energy, material steel maker and construction be rebound back strongly... Not kill but to grow stronger....
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 3238 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....
Yap Wai Loon
82 posts
Posted by Yap Wai Loon > 2018-05-15 12:12 | Report Abuse
Logging business is making good profit this year timber price has been shooting up n will keep increase. Not sure this counter qr will be good or not just hold