By now we should know its a buy and hold stock cos oil and gas is cyclical... And period for project to translate into RM takes time... It's a medium term to long term share... At least 12-24 months holding power....
I met up with one of the regular contractor yesterday doing oil and gas He has told me that the mobilisation of RAPID project is on going now. KNM has asked the sub-contractors for some quotation and prepared for the work.
Also told by its sub-contractor, KNM only the one who has the special machine in Malaysia....such as....something like a bullet machine and others to cope for the RAPID project. For sure, KNM is getting the job now.
I am a Project cost advisor for a several projects, this contractor is one of my client. He told me yesterday. Don't wait until it announces, it will be too late i think. The sub-contractor reliable sources will normally link to the main contractor. I would like to say it is viable.
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....
edmund
553 posts
Posted by edmund > 2014-04-21 16:49 | Report Abuse
tomorrow will big jum again..hhihi