29 March 2021 - Aneka wins RM29 mil piling work in Shah Alam. 23 April 2021 - Aneka bags subcontract to undertake piling and pilecap works for an apartment project in Bukit Jalil.
This counter is for medium to long term. Wait for the MRT Line 3 where 50% will be underground, and it will surely fly
yes noticed vol started to come and even if it doesn't I believed with the big projects announced recently are sufficient enough to standout especially during the pandemic periods.
Are we starting to see now a trend REVERSAL in this stock since its IPO on 20.10.2020?
Due to untimely listing of IPO in pandemic which dampened investors sentiment, construction sector especially, IPO price has been sliding from 33 cents to the year low of 22 cents, a huge bash down and attractive discount of 33%.
With the expected relaxations of economy's activities with construct sector ready standing by to restart full steam the engine, investors' attention has now focus on construction stocks.
Yesterday saw strong buying interest with almost 2 mil shares traded pushing up prices 1.5 cents to 27 cents. With this, it still lags behind at 18% below IPO price which still offers good investment. Further backed by a low PER of 10 only.
Investors will be delighted to see their investment return to IPO price (which should be justly so) or beyond in line with business expansion into Indonesia and Singapore.
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....
tnang
713 posts
Posted by tnang > 2021-04-06 09:17 | Report Abuse
buy this counter, will up soon