The contract sum for LRT3 Project is RM100.0 million, of which a sum of RM12.1 million has been billed up to 30 September 2020. The works for the project have commenced in March 2019 and the project is expected to complete by March 2021.
Now time to buy.. I read LRT3 progress up to end dec 2020 at 45.81%. Vertice involve in (U-Trough Girder) which means one of major work. Latest QR construction revenue at 5.8mil. Vertice contract for lrt3 100mil...next QR easy to declare revenue 20mil...super easy.
This VERTICE got a lot of RCPS keep on converting to mother shares, beware, their cost is low
Types of corporate proposal Conversion of Preference Shares Details of corporate proposal Conversion of Cumulative Redeemable Convertible Preference Shares ("RCPS") to Ordinary Shares No. of shares issued under this corporate proposal 5,595,970 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1787
As predicted revenue declare more than 20 mil. "The revenue in the current period was higher mainly due to an additional new project secured which contributed approximately RM5.6 million in revenue in the current quarter." Which means still not much from LRT3. And why not announce any new project awarded at Bursa? Current assests exceed total liabilities.More room to the share price to move higher.Mid Term holding.
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 2905 views | 2 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....
陳 彥霆
937 posts
Posted by 陳 彥霆 > 2021-01-27 10:11 | Report Abuse
i heard VERTICE might terminate ZENITH CONSORTIUM, is it true???