the contract announced at 8/17 brought stock price to RM1.20, which only involved RM16.2 millions exclude GST. Latest contract will involve RM149.5 millions, almost 10 times more than last one. So should we go back RM1.20 at least? :)
@TheContrarian \thanks TheContrarian for good cLLING i ALSO UNTUNG thanks TheContrarian sifu TheContrarian can ask what is your call for ( SIGN and AHP ) currently sign and ahp on lowest price ?
Don't think it will drop back to 90 sen. At that time I suspect Koperasi Felda was unloading to raise cash. Yesterday and today volume spiked to above two million shares which means some big fund mopping up, possibly Public Bank or Hong Leong unit trust funds
i bought some at 0.93 on 21/12 too after saw very huge volume bought at that price..i believe it will continue up, since after 21/12 did really see any big seller, mean that the big buyer still keeping it .. just follow ' little' the big buyer, should not too wrong
consider crest have 500m order book across 3 years. construction profit margin usually is 4% maximum. so 4% of 500m is 20m. divide by 176m share is 11 cents. some more this 11 cents is after 3 years and assuming the project no incur cost overrun. so not worth it.
regret didn't top up at 0.9 that time, I bought 1.09 few months ago keep till now, wonder possible break higher or I should cut loss d since now 1.0x, newbie here
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zombie321
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Posted by zombie321 > 2018-01-18 17:33 | Report Abuse
the contract announced at 8/17 brought stock price to RM1.20, which only involved RM16.2 millions exclude GST. Latest contract will involve RM149.5 millions, almost 10 times more than last one. So should we go back RM1.20 at least? :)