Author: Telecaster | Publish date: Mon, 16 May 2016, 03:12 PM
Sarawak counters has come under the radar recently that the 11th Sarawak Election clinching yet another two-thirds majority, could push Sarawak stocks towards a rebound as they have dipped over the past month.
One that is most interesting among the rest are the Hock Seng Lee Sdn Bhd, a Sarawak based company that recently added RM1.5billion worth of contract to the pipeline on the yet to announced last quarter alone (Quarter ending 30 March 2016)
What is interesting in this more than 2-fold additional worth of project is, how this scenario will have potentially great positive impact on the coming quarter, to be announce next week (20+ May 2016). Taking 10% as downpayment for this additional RM1.5billion alone is RM150mil. This amount alone is almost the revenue of a typical quarter.
The coming QR result announcement can be very interesting to watch! Share price now is very interesting to collect.
Please feel free to share your thoughts
One that is most interesting among the rest are the Hock Seng Lee Sdn Bhd, a Sarawak based company that recently added RM1.5billion worth of contract to the pipeline on the yet to announced last quarter alone (Quarter ending 30 March 2016)
What is interesting in this more than 2-fold additional worth of project is, how this scenario will have potentially great positive impact on the coming quarter, to be announce next week (20+ May 2016). Taking 10% as downpayment for this additional RM1.5billion alone is RM150mil. This amount alone is almost the revenue of a typical quarter.
The coming QR result announcement can be very interesting to watch! Share price now is very interesting to collect.
Please feel free to share your thoughts
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