those RM60 stocks, u have to think carefully before commit into really long term, bought at high price and then plunge 10-20%, dividend alone takes about 7 years to breakeven

Growth is the key, with the company profit keep growing year by year, i'm sure dividend will not decline by time

Sound like a good trading plan
anyway high risk high return, i always prepare for it

Entry : 1622
Cut Loss : 1624
Target profit : 1620

risk reward : 1:1

Your Choice and your Plan.

Just make sure no cursing if plan does not work out .

One more thing.

Would you buy Amedia now? At 1.09/1.10?

Nature of human being, point finger at others before think twice

I would let the profit run for the time being, anyway if live broadcasting brought in huge revenue growth, I might average up

Did somebody profit from IJM rebound?

I ask myself that question when my stocks gets too high.
Is like if I cannot see myself buying the stock, why would others?

Did not buy IJM.
What IJM did was situpid.
My raw opinion is Scomi financials are really, really that bad and what IJM did is unforgivable.
It's a clear bailout.

Anyone is looking at Ireka ?

It's featured in today's papers.
Anything new besides what the papers are saying?

I, myself cannot get interested in it because there are too many construction stocks and myself is not keen in construction stocks.
Ireka is not big and probably would be gauge versus the smaller one like Fajarbaru, Gadang, TRC, BinaPuri etc.

Let's look at the good side, Scomi does has expertise in Railway and Oil and Gas. IJM did that to enhance its civil engineering, maybe in the future has more chances in securing related project.

When u do not have expertise in certain field,
1)Joint venture with others (Profit will be share equally)
2)Hire third party to perform work (Expensive and very hard to master the skill)
3)Internally provide training and course (Costly and result is uncertainty)
4)Buy in a company

No.4 is the best option to tap into the field they intended to venture, fast enough, no need to wait years. Construction sector itself does not provide a sustainable income, that's why they venture Plantation, Property development etc. The chairman intended to grow IJM become Sime Darby v2, a wild wild dream

Do not know why Scomi cannot get any MRT projects in Malaysia since political linked.

Scomi's railway expertise is in its subsidiary Scomi Engineering.

I understand but why insist on Railway and Oil and Gas?

Malaysia spends lot of money to bail out ex ex ex PMs

And also some ex Presidents too ( MCA )

This post has been edited by SKY 1809: Sep 27 2012, 10:15 AM

If not wrong Scomi Engineering is involved in the building of the trains itself and does not have the expertise in the infrastructure of a MRT project.

MMC also another dumb partner mah, but actively getting jobs...

Joint ventures, just put your men in only.

Really disappointing.

Come to think about it, I forgot all about KEURO factor.
What does KEURO and Scomi have in common?

because someone not in power anymore

U control the parent, u can able to control its subsidiary isn't it. Well i don't know why IJM intended to venture these 2 areas, the management should know well

Sad isn't it?

IJM Corp bank balances RM1.8bil
IJM Land bank balances RM680mil
IJM Plantation bank balances RM300mil

so effectively IJM Corp itself only has RM820mil

I think Scomi Boss may finally control IJM .

U never hear of reversed take over ?

Good. Now read Scomi bank balances.