They have an order book of RM6b contracts secured in 2018....2019 QRs expected to be better...so fundamentally it is strong...EPF is substantial shareholder...they don't invest in crap counter...buy and hold for one to 2 years only should see big rewards.
The worst has happened in the trade war circus...it's clear blue skies again...Regional markets and even DOW are moving on positively with fresh optimism...good days ahead.
Actually, no one can be sure about what will happen next. Even operator also sometimes get burned, I still believe construction counters are better bet, they are not affected so much in trade war.
The warrant's exercise price is 2.08!...add current warrant price is 2.20...Mother price is only 0.94 now....there's a huge gap to cover....will Mother's share price eventually exceed 2.08 before August 2020 when son matures? This is s test of faith of the retail investors...sharks like EPF seems to have the confidence since they are buying in now.
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!
MQ Trader 144 views | 17 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 398 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace 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....
CharlieSim
1,254 posts
Posted by CharlieSim > 2019-05-10 14:54 | Report Abuse
ya man...why why tell me why ???