they got another contract of 500 acres forest to extract and sell logs timber in pahang recently. plus the current area of 1423 acres, total 1923 acres.
We refer to the article entitled "Fajarbaru confirms joint bid" published on The Edge Financial Daily dated 4 December 2015.
The Board of Directors of Fajarbaru Builder Group Bhd (“FBG”) wishes to clarify that Fajarbaru Builder Sdn Bhd (“FBSB”), a wholly-owned subsidiary company of FBG, has not partnered with any company to jointly bid for the Gemas-JB rail link. However, FBSB is in negotiation with the China party pertaining to the Gemas-JB rail link and has not been finalised.
The Company will make appropriate announcement to Bursa Malaysia Securities Berhad if there is any development that requires an announcement to be made.
......it should be a good buy....for every one Tekala share u get 1.33 WMG....WMG issue price is RM0.50 so whoever that buys now will get RM0.665. based on nta RM0.56 & premium 18% so thats how they came to 1.33 exchange....
Uptrend signal,high volume intact,broken macd Graf,the best crossing n broken line,tp 70 cent will try achive,high Rumours,Rumour good buy,good news sell,instaco maybe downtrend still aware,high volume price increase it a good indicator,Price decrease volume high very dangerously
....better buy Tekala, no risk & sure gain as per Bursa announcement on dec 3..........if buy Tekala tomorrow at 0.44 & hold till about cny after the RTO then can make 0.225......one Tekala now equal one WMG ( 0.665)
More and more logs timber contract will be secure in the future. They are doing very well in this business compare to other operators like Ta Ann and WTK.
fajar is ability to build depot along the railway. look at his past completed project from his website, you will know their capability. For fajar, this is small case.
Raider Fajar Strategy very simple, buy n hold fajar at Rm 0.535 loh...!! Fundamental and Earnings is quite strong even without China Railway JV. At this price it got good margin of safet at price Rm 0.535 loh....!!
All projects no matter property projects or railway project all need long time to complete. Cash flow not enough to do all these projects... Australia property project is have to 100% built up first, then only setart selling...all money will be stucked in property Australia and those puchong projects...
david, since you are no confident with fajar, i would suggest you sell out tomorrow and stay away at sideline. let the people having positive thinking to hold it.
True enough and I wanna read other people's negative comments too. Looking forward the announcement of gemas jb railway Contract. Thanks sifu ICNG. :-)
The Government, earlier this month, has awarded the Gemas-Johor Baru electrified double tracking project to CRCC. The project is worth an estimated RM8bil.
One of my top picks for penny stocks Yield is > 4% and sustainable All cylinders firing by third qtr of 2016 Construction segment be boosted by Gemas rail contract Timber earnings be solid Current Drag from property segment be reversed with contribution from Australian development
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lcng123
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Posted by lcng123 > 2015-11-27 14:47 | Report Abuse
they got another contract of 500 acres forest to extract and sell logs timber in pahang recently. plus the current area of 1423 acres, total 1923 acres.