Ranhill is doing business well (not like before delisted). Only short sighted investors/institution sell down. Later they will come back to chase when Q results released and dividend keeps distributed.
Ranhill water operation in in Johor state where strong fight between Muhyiddin Pribumi and BN stronghold. Johor is 1 of those state Pakatan or Pribumi target to win in GE 14.
SilvaMS is there any relation Ranhill & BN either Pakatan? 18/01/2018 09:41
i believe syndicates have been accumulating by pressing down the prices . Just don't know which day they will feel enough and start to jack it up. Normally it takes atmost a few years depending on the daily volume.
KUALA LUMPUR (Feb 12): Two years after announcing the proposal, Ranhill Holdings Bhd has received a conditional letter of award (CLOA) from the Energy Commission (EC) to build a 300-megawatt (MW) combined cycle gas turbine power plant in Sandakan, Sabah.
In a filing with Bursa Malaysia today, Ranhill said the CLOA was issued to the consortium including SM Hydro Energy Sdn Bhd, which is a wholly-owned subsidiary of Ranhill Capital Sdn Bhd, which in turn is wholly-owned by Ranhill.
"SM Hydro Energy is currently evaluating the terms and conditions of the CLOA and Ranhill will make the necessary announcement to Bursa as and when the decision to accept the award has been made by SM Hydro Energy," it added.
On Oct 4, 2016, Ranhill had received approval from the government for the development of the proposed power plant by the consortium of private companies. The consortium was instructed to commence negotiations with Petroliam Nasional Bhd and the company identified by the government to develop the Trans-Sabah Gas Pipeline, to ascertain the terms and conditions of the gas supply required for the project. A letter of award will be issued by the EC after the terms of the gas supply agreement are determined.
Ranhill shares closed unchanged at 69.5 sen today, for a market capitalisation of RM617.38 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....
mjlee
449 posts
Posted by mjlee > 2017-12-30 07:50 | Report Abuse
I haven't sell. not earn enuf. possible to go higher?