ewint all their projects macam can finish within this year ma, uk accounting system = only recognize profit when the buildings are built.
wct i bought from 1.85 until 0.7 then all the way to 1.16 now. i sailang at 1.13, not a lot la, actually just 40k.
You buy wct at najib still is pm right??
ECRL may be re-launched July 25, says Loke
Monday, 8 Jul 2019
By Jo Timbuong
KUALA LUMPUR: The newly revived East Coast Rail Link (ECRL) project may be celebrated in a re-launch ceremony on July 25, says Transport Minister Anthony Loke.
He said Malaysian companies are also set to play a larger role as they will take on 40% of the project’s civil works.
“It is our hope that we fully utilise the project for the benefit of the Malaysian economy, not only at the construction stage but (in future) link up the whole railway network with the ports to ensure industrialisation will take place along the railway corridor,” he said.
Loke added that the project had the potential to boost the economy while effectively improving connectivity.
The ECRL was put on hold for several months from July 2018 as terms of its construction were renegotiated.
Former prime minister Datuk Seri Najib Razak had presided over the project's groundbreaking ceremony in Pekan in August 2017.
The project was revived after Malaysian Rail Link Sdn Bhd and China Communications Construction Company Ltd (CCCC) signed a supplementary agreement in Beijing in April.
Under the new deal, the project’s development cost was brought down from RM66bil to RM44bil and the previous 688km line was also shortened by 40km.
Loke also hinted that there may also be “good news” in about two months concerning the Rapid Transit System (RTS) connecting Johor Baru and Singapore.
“It is my hope to see the RTS take place,” he said in his keynote address at the Women In Rail Malaysia Leadership Conference here Monday (July 8).
“I believe if there is a will, we can always find creative solutions, and I am thankful that our friends in Singapore are very pragmatic and cooperative in helping us find a solution to the problem,” he said.
The RTS was put on hold until the end of September, but Loke said he was confident that an agreement would be reached before then.
He added that the Malaysian government is also looking at solutions to revive yet another suspended rail project, the High Speed Rail (HSR) project that is suppose to connect Kuala Lumpur and Singapore.
The HSR has been put on hold until May next year.
Separately, Loke said the government was looking to revive the idea of developing a national skills centre to train people for the rail transport sector, similar to the National Rail Centre of Excellence (NRCOE) mooted by the Barisan Nasional administration but which was never realised.
“We are looking at setting up a Centre of Excellence for the entire country. It will be more efficient, more sustainable, and more impactful,” he added.
Loke said the centre would also benefit players around the region, and he plans to begin its first phase next year.
TAGS / KEYWORDS: ECRL , Anthony Loke , Tranportation
Thursday will be a good day
They include
Gamuda Bhd
, IJM Corp Bhd
, MMC Corp Bhd 2194
and WCT Holdings Bhd
,” it said, adding that the contractor which the market perceives to be the most direct proxy to the ECRL would be
You buy at 1.85 to 0.7, sell at 1.13, profit 40k? Wow, you must buy alot.
nono, i earned around 10k only. 40k is the amount i sailang in wct now.
QUOTE(plouffle0789 @ Jul 23 2019, 06:14 PM)
You buy wct at najib still is pm right?? Thursday will be a good day They include Gamuda Bhd , IJM Corp Bhd , MMC Corp Bhd 2194
and WCT Holdings Bhd ,” it said, adding that the contractor which the market perceives to be the most direct proxy to the ECRL would be Gabungan AQRS Bhd 5226 ............
yea, i been following wct since desmond lim bought at rm2.5. gadang i put a bit too, according to its track record mostly can get something from ecrl. lets hope for the best!
Normal standard is 10% as the limit of other company share
Wow... So ur company allow u buy using ur company salary?
Why not? Your money comes from your salary also.
A lot of US companies have employee stock purchase plans.
Mine was up to 15% of salary and 2 years look back. Means I can dump 15% of salary in every month and at the end of 6 months, it will take the lowest price of the past 2 years and give us 15% discount on it. Instant profit.
haha jus guessing. but i expect next dividend is 200-250
apology i am new here.. assume 8.90 maybank.. and u guess dividend is 200-250.. are we talking about every rm8900 value share.. they give dividend rm200-250.?
if i have cash rm89k. and buy all maybank at 8.9... and on sept if they give out dividend rm200-250 x 10... then i sell right after i get dividend..
apology i am new here.. assume 8.90 maybank.. and u guess dividend is 200-250.. are we talking about every rm8900 value share.. they give dividend rm200-250.?
if i have cash rm89k. and buy all maybank at 8.9... and on sept if they give out dividend rm200-250 x 10... then i sell right after i get dividend..
practical?
Share price will be readjusted in short term to reflect dividend payout
HTB Club (Market Library) Disclaimer: Analysis shared here is purely for educational & learning purpose, it does not induce any intention to purchase or sell. Further action or execution shall be consulted via experts. Trade at your own risk.
MoMo Traders of Bursa Malaysia https://t.me/momotraders HTB Club (Market Library) Disclaimer: Analysis shared here is purely for educational & learning purpose, it does not induce any intention to purchase or sell. Further action or execution shall be consulted via experts. Trade at your own risk. https://t.me/htbclub I hope you earn money. How old are you?
thanks..I'm around 30, just getting into bursa still learning
apology i am new here.. assume 8.90 maybank.. and u guess dividend is 200-250.. are we talking about every rm8900 value share.. they give dividend rm200-250.?
if i have cash rm89k. and buy all maybank at 8.9... and on sept if they give out dividend rm200-250 x 10... then i sell right after i get dividend..
practical?
Yes.
But after dividend payout the share will drop. but wont drop 200-250, maybe drop 150?
apology i am new here.. assume 8.90 maybank.. and u guess dividend is 200-250.. are we talking about every rm8900 value share.. they give dividend rm200-250.?
if i have cash rm89k. and buy all maybank at 8.9... and on sept if they give out dividend rm200-250 x 10... then i sell right after i get dividend..
All eyes on OPEC as global oil supply imbalance may force an output revision
Russia may open the taps a little further following OPEC+ discussions on March 4th.
LONDON (Bloomberg) --From trading houses in Geneva to Wall Street banks, much of the oil world agrees that global markets could use some more barrels. The big question is whether OPEC+ will provide enough of them.
A crude glut that piled up during the pandemic is vanishing fast. Global inventories are plunging at the steepest rate in two decades, according to Morgan Stanley. Prices have rallied to pre-virus levels, while U.S. production has taken a hit from freezing storms. Talk swirls of market supercycles, and even the return of $100 oil.
With the need for more supply evident, traders expect the OPEC+ coalition, led by Saudi Arabia and Russia, will agree to increase production when it meets on March 4, reversing some of the output cuts made last year.
But it’s unclear if the group will act vigorously enough. Wary of the virus’s persisting threat to demand, Saudi Energy Minister Prince Abdulaziz bin Salman has urged fellow producers to remain “extremely cautious.”
If the alliance agrees an output hike that falls short of requirements, however, it could trigger a further price surge -- and the group would be forced to deal with its unwelcome consequences.
“There’s a real risk they’re going to over-tighten the market,” said Bill Farren-Price, a director at research firm Enverus and veteran observer of the cartel. “It’s already super-tight, and if OPEC just focuses on keeping prices up, that’s going to eventually provoke supplies from their rivals.”
The Organization of Petroleum Exporting Countries and its allies rescued the global oil industry from an unprecedented slump last year by slashing production when the coronavirus crisis pummeled demand. The strategy has revived international benchmark Brent crude to $67 a barrel, shoring up revenues for the producers’ battered economies.
The 23-nation coalition continues to idle just over 7 million barrels of daily output -- about 7% of global supply -- and on Thursday will decide whether to revive a 500,000-barrel tranche in April. In addition, the Saudis will confirm whether an extra 1 million barrels they’ve recently taken offline will return as scheduled.
Demand Recovery
Global oil markets are signaling that they could comfortably absorb the full complement of 1.5 million barrels.
Demand in China, the world’s biggest oil importer, is back above pre-virus levels as its containment of the disease allows much of normal life and economic activity to resume. India, another key customer, warns that high prices are jeopardizing the global economic recovery. Propelled by cold weather, fuel use in Japan, the fourth-largest oil consumer, posted in January its first year-on-year increase since mid-2019.
In the U.S., stockpiles of crude oil and refined products are back near levels last seen a year ago. Though demand for aviation fuels remains depressed, purchases of products that cater to working and consuming at home -- like diesel for trucks and plastics -- have boomed.
OPEC’s own data show it can go ahead with this year’s scheduled production increases and still manage to deplete world oil inventories, whittling them down to their five-year average -- the group’s desired target -- by August.
Futures markets testify that supplies are tightening sharply.
Near-term Brent contracts are commanding a sizable premium over later months known as backwardation, with the six-month spread standing at $3.22 a barrel. That reflects “a sustained, strong short-term deficit” of about 2 million to 3 million barrels a day, according to Giovanni Serio, global head of market analysis at Vitol Group, the world’s biggest oil trader.
Bullish Calls
The shift to a tightening market has sparked a wave of bullish projections.
Goldman Sachs Group Inc. sees Brent hitting $75 a barrel in the third quarter as a new commodities supercycle beckons, while trading giant Trafigura Group says it’s “very bullish” on the months ahead. Socar Trading SA, a unit of Azerbaijan’s state oil company, predicts $80 could be reached this summer and triple digits within two years.
“The fear is that in 12 months there will be a shortage” even if OPEC+ revives output, said Socar Chief Trading Officer Hayal Ahmadzada. “It will drive the price very high, very fast.”
It’s still unclear what exactly OPEC+ will decide.
、 Russian Deputy Prime Minister Alexander Novak has signaled that the country once again wants to proceed with an increase, noting on Feb. 14 that “the market is balanced” already. Saudi Arabia sounds more reserved, urging its counterparts to recall the “scars” of last year’s collapse.
Prices are still far below the levels most OPEC nations need to cover government spending, and the International Energy Agency -- a leading forecaster -- anticipates a market setback in the second quarter as a seasonal lull briefly causes inventories to accumulate again.
If Riyadh wants to limit the overall size of the group’s increase, it has a powerful bargaining chip: the pace it chooses to return the extra 1-million barrel cutback that’s supposed to expire at the end of next month.
But for some in the market, the kingdom should instead be opening the taps wide. Keeping prices high will only rekindle investment by U.S. shale drillers, they contend, and bring a flood of new supply that cancels out OPEC’s hard work.
Even the full 1.5 million barrels isn’t sufficient to satisfy demand, says Jan Stuart, global energy economist at Cornerstone Macro LLC.
“The market needs more -- but I don’t hear anybody talking about more,” said Stuart. “There’s an acute need for oil. The most obvious risk is they keep holding too much oil back.”
Jul 23 2019, 03:36 PM, updated 5y ago
Quote
lets hope for the best!
0.0447sec
0.39
5 queries
GZIP Disabled