Buy during that time it is dropping and Have been holding this stock for yrs. sad of this good stock prices not in dropping trend tday. I want to accumulate more also got no chance.
cheeseburger sifu, U did not listen to other sifu that attend AGM meh? they said kok onn said Goverment would not cancel the project cause got to pay compensation things like that.
Sometimes some ppl comments are CHILDISH. Previous budget use oil 48USD,each decrease in 1dollar in oil,government will lessRM 300M revenue. If government use oil 33USD to set a new budget,mean the expenses need cut 4.5B(300M x 15). It is not necessary to cut development expenses such as 9B LRT3,27B mrt2. It is better to cut administrive expenses or operating expenses.
Of course ,if our PM is same chidish like you,then PM will cut development expenses.
@kancs3118 Thanks alot for your insightful evaluation on the possibility of this counter to reach PE of 10. Btw, there might be some volatility on the gov decision on the huge project in the near term which might affect Gadang's order book as the oil price is going the breach below Usd 30 in the near future which might cause a huge deficit in gov budget.
Seem many people worrying about the budget adjustment. I believe government will deduct administrative expenses and operating expenses rather than reduce development expenses.
it seems from the intraday chart for these 2 days - there are elements of profit taking .....hence, the chart no longer represents a steady accumulation. now, just wondering, who is stronger - the sellers or the buyers????
Glove company rite? Profit up as compare with last year ...so buy lo..but hor buy now earn less lor price higher and higher risk now lo...if buy last time 0.3-0.35...now.. mother also cant recognize lorrr....
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....
cheeseburger
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Posted by cheeseburger > 2016-01-11 16:19 | Report Abuse
If Gov revise the Budget to on hold major projects, you MAY see big change in share price...