Only 1 week since director pass away, I believe they're still processing internal personnel changes lah. As long as EITA not drop below support, the next QR will boost the stock price back
Fully controlled by syndicates groups in full force . Can follow and swim smartly with them and still can make wonderful profits with the right timing buying and selling
Good Potential due to RTS elevator in Johor, plus other projects in hand. Star commented that it has good growth prospect. A lot of PPR schemes have to replace their old lifts.
Buying momentum sustain with increasing volume support. Recent record financial result very impressive and next week could breached the 1 ringgit mark. Must sustained 98 cents since many start selling at this point.
EITA now in the right place to benefit from the booming construction of Ai Data Centres. It's coming Q results will be good/better due to the multiple multi million RM electrical contracts for substations from Tenaga, Sarawak Energy and Singapore Govt. Under Tenaga's RM90 BILLIONS Capex over 6 years to widen it's electric grid EITA will get multiple contracts for sub stations.
EITA will also get booming demand for it's BUSDUCTS (a critical equipment for DC buildings) from DC owners. Both increasing contracts for electricity Substations from Tenaga, Sarawak Energy and Spore govt and increasing sales of it's BUSDUCTS will benefit EITA's business revenues N profits and these will be positive catalysts to drive up EITA's share price
EITA'S traditional business will also improve with the Johor economy booming due to its Spore/Johor Special Economic zone being set up, it's completion of its RTS which will greatly ease N speed up access to Johor leading to increasing influx of visitors/ Spore residencies,. This will lead to more shopping malls, office complexes and apartments to be built . All these will result in greater N more profitable business for EITA's elevator, lifts, maintenance works. All things are looking good for EITA'S business prospects and profits
WAITING FOR MORE MULTI MILLION CONTRACTS FROM TNB TO BE ANNOUNCED TO BUILD ELECTRICAL SUB STATIONS TO PROVIDE POWER TO THE MANY Ai Data Centres being built/to be built by DC developers. EITA is TNB's trusted N experienced contractor for Sub Stations
does anyone has further comment on knowledge on fair value loss on derivatives. The Group reported a fair value loss on derivatives amounting to RM10.8 million
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....
mh87
3,966 posts
Posted by mh87 > 2021-12-07 11:48 | Report Abuse
Looks like cannot go deeper anymore after facing so many negative sentiments within last 2weeks.