Ranhill: Announced three project awards yesterday. In aggregate, these contracts have a combined value of approximately MYR110.2m. The duration of the projects ranges from one month to 12 months. (Source: Bursa Malaysia, Maybank IB Retail Research)
Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold. market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
RANHILL UTILITIES BERHAD (FORMERLY KNOWN AS RANHILL HOLDINGS BERHAD) ("RANHILL" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING (MOU) AND CONSORTIUM AGREEMENT (CONSORTIUM AGREEMENT) BETWEEN MAYNILAD WATER SERVICES, INC., METROPAC WATER INVESTMENTS CORPORATION, RANHILL CAPITAL, PT VARSHA ZAMINDO LESTARI AND PERUSAHAAN PERSEROAN PT PEMBANGUNAN PERUMAHAN TBK
ok lets go, rm1.40 first tp. but hoping that it wont be that long to reach that price,considering that ranhill being consolidated for a quite some time
with this, it will benefit Ranhill more compare to other company, which Ranhill is a local Sabah based and also with their expertise and great track record, especially their efficiency. Essential business that wont much affect by the pandemic too
28Julai2020, Ranhill secures RM14.7mil M&E works contract
PETALING JAYA: Ranhill Utilities Bhd has bagged a RM14.7mil contract to provide mechanical and electrical (M&E) works for the Merlimau water treatment plant and Lanchang intake in Melaka.
Ranhill still have many tenders on hand, within malaysia and also regionally. With the great track record in china and also within malaysia, high chances for them. With majority of the income from recurring project, which much more secure during this uncertainty period.
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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....
god2077
136 posts
Posted by god2077 > 2020-03-04 08:48 | Report Abuse
New project coming in?