I heard of this counter before, but when you say construction, already my feelings are saying it's not worth it.
Because construction during a time of high inflation means they will have problem controlling their construction costs.
Recession or signs of recession might make people more careful with their spending and buy completed houses or not buy until the turmoil is over.
Construction stocks normally don't have such a consistent record of dividend payments, meaning at a time of market turmoil, it's stocks are likely to be battered down with the rest of the index unless supported by a strong dividend policy.
These are my initial concerns regarding construction counters. But more importantly, WHY must you choose this counter in particular? Any reason you think this counter is better than the more establish ones which are also getting share prices pressured down.
selangor dredging
Oct 16 2008, 11:00 AM
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