The MRT3 contracts goreng can, believe don't. Over the past few years, the MRT3 contracts have been tendered multiple times, but lapse and retender again and again. It’s the same recycled project news with no real progress, just delay after delay. Once they’re done goreng up MRT3 news, the next would be the HSR news. It's time to take profit from construction stocks, bcos the gov just hyping on sentiment, don't expect they will really build it.

I had warned you guys, we can't earn a single penny fr Syed's companies. Just yesterday, The Edge published an article debunking how this bumi tycoon built his wealth. The key to his success, "buy low, sell high". He acquires our country's strategic assets at very low prices, then the company’s performance mysteriously deteriorates. After the share price hits record lows, he privatizes it. Years later, he relist it again at a much higher valuation. Institutional investors like our GLICs always be the major subscribers to the shares, and Syed effortlessly pockets billions of dollars. before MMC, MALAKOFF also playing the same tricks.

hopefully this can wake up and bullish like igbr and sunreit, waiting for so long already...mgmt can go for inorganic growth like igb buy existing mall in KL or johor, then the share price will fly. Or aggressively venture into East Malaysia market especially the burgeoning state sarawak, then Pavreit will become the first and ever regional REITs player. haha

Another coincidence, lhdn just spared drb RM240mil tax bill last week, yesterday pos suddenly up, maybe govt indirectly want drb to bailout this pos malaysia, bcos too big to be failed.

First time see pos malaysia volume in top 10, I think the bos want to use drb fund to bailout and privatise this fund constraints loss making subsidy. That's why a big contrast on price and volume between drb and pos recently.

Cut loss today. I think it will keep dropping below 50c, then Syed Mohktar can easily privatise at low price and re-list it years later, like what happens in mmc, privatised at 6bil, relist at 25bil.

Hit record high again, hopefully can declare special dividend in coming quarters.

Maybe poor mgmt

Ringgit up against major of the currencies, automotive industry will be the most beneficiary of strong ringgit.

Budget 2024 five lrt3 station resume construction worth rm4.7b, till now mrcb haven't awarded the contract. Stadium shah alam, flood mitigation project also pending....