To be honest, please beware of the sudden increase of recent construction stocks. Try not to be too greedy and sell off if you think you earn enough. Wish everyone earn enough for a wealthy Raya =)
Just more than a week ago, Gadang bagged a contract worth RM38.52 million to build a tiered bridge connecting the northern and southern sites of Tun Razak Exchange Development (TRX) from TRX City Sdn Bhd.
Gadang is not new to infrastructure building. The company has had rather good track record over the years. Analysts said with its experience in rail works, the company tend to stand a chance to get a slice of the action from ECRL.
DWL, formerly known as Spring Gallery Bhd, announced that its wholly-owned property development unit Million Rich Development Sdn Bhd had entered into a pre-bid consortium agreement with Gadang’s unit, Gadang Engineering (M) Sdn Bhd.
Gadang Engineering will have a 70% stake in the consortium, with Million Rich having the remaining 30%.
Sources said the consortium stands a good chance of getting a slice of the pie of the ECRL project.
what is the reason that dwl didnt go down in the first place? unlike the rest, still scratching my head. if say fundamental, gadang also got fundamental what, stil trend down this morning
It is a normal sign. When the stock shoot up so suddenly like this, market will readjust back to its value as time passed. Wish good luck to those who take stock market as a goreng-goreng place lol...
Gadang Engineering will have a 70% stake in the consortium, with Million Rich having the remaining 30%.
Sources said the consortium stands a good chance of getting a slice of the pie of the ECRL project.
“The consortium is close to getting the infrastructure works (contract) for the ECRL project valued at about RM5 billion,” one source told The Edge Financial Daily, adding that an announcement is likely to be made as early as this week.
this is the story later will become fact , coming QR not important anymore .
KUALA LUMPUR (April 23): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia's noon market close today. Two stock displayed positive momentum while seven stocks showed negative momentum.
The stock with positive momentum was:
Ekovest Bhd – down 8.5 sen to 88.5 sen
Iskandar Waterfront City Bhd – down 9 sen to RM1.23
PanjiAlam you serious? lol It is a summary of momentum as in more people are selling than buying, that has nothing to do with being a positive review / negative review.
something is really brewing where there is wind , wave will come the shark is heavy collecting between 0.900 - 0.915 . might push up anytime . monitor closely .
not sure qr good or not suddenly many ppl camp here hehe
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Tbt95
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Posted by Tbt95 > 2019-04-23 13:07 | Report Abuse
Today close range 0.950-0.970
Only can break rm1