KLSE (MYR): ECONBHD (5253)
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Last Price
0.46
Today's Change
0.00 (0.00%)
Day's Change
0.46 - 0.465
Trading Volume
2,083,300
2024-10-18
2024-10-18
2024-10-17
2024-10-17
2024-10-17
2024-10-17
2024-10-17
2024-10-14
2024-10-11
2024-10-10
2024-10-09
2024-10-08
Bigbull99
1,104 posts
Posted by Bigbull99 > 2019-04-18 10:37 | Report Abuse
For me it is all about risk assessment. I bought mom at 46sen and son 11.5sen sold all last Friday because of the fact I know it will definitely fall this week and I am not willing to take that risk. Now question is how much will Econpile contract worth - we dont know. Will they buka and re-call all tender - dont know, QR good or bad? - dont know. When will QR start recovering? - Dont know. I for sure know other than ECRL, no more big infra and development projects in pipeline for 1 year at least. A lot of their project also KIV because developer don't dare to move projects because no property demand. Among all construction stocks, I love econ the most due to its market dominance in substructure works. I have dealt with Econ many times even before they were listed. So i am very sure of their projects capabilities, overall construction sentiment and their projects developer.