Fajarbaru has got projects in East Coast alrdy, and their track record in rail projects, ECRL will definitely bring benefit. Most probably a laggard stock. Will catch up with the rest soon.
actually no matter what, construction sector even after the slight recovery, is still quite undervalue larr coz last year it took a big hit. so if sell too early might not be able to get back such low price. just 2 cents
Fajar has helped build so many projects during Tun's first tenure, I think not much of a politics play here, more of cost saving. Fajar has alrdy got the eq and track record, so high possibility they'll get some contracts like they did before.
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....
Jiun Wai
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Posted by Jiun Wai > 2019-04-10 16:26 | Report Abuse
hahaha. there you go.!! heading to next resistance level.!! gogogo