AZRB is going through the perfect storm. The thing is, the so-called storm is to a greater extent than similar the aligning of the planets for AZRB. The tempest is too then perfect AZRB is walking on water.
As alongside many counters, AZRB is expected to denote its quarterly over the side past times side twenty-four hours or two. If you lot represent it upward alongside Naim (which delivered cracking results). It came all the way upward from eighty sen a few days dorsum to hitting 97-98 sen today (up 8 sen for the day). Both are highly comparable.
The authorities has been putting out soundbites that were too then much to a greater extent than conciliatory over High Speed Rail too ECRL. More too then on ECRL I think. Even IWCity had a massive book too jacked upward twenty-four hours when the soundbite was pleasing for HSR but died downward later on a twenty-four hours or two.
Looking at the agency both projects are going to hold upward framed. The HSR too ECRL volition not hold upward a highly lucrative projection for the winners too sub contractors.
AZRB buta-buta has the most to produce goodness from the ECRL owing to the nation too electrical current projects it has.
Go depository fiscal establishment check their annual report. It has:
- dainty tracts of nation inward Setapak, which is almost 20km from the all of import Gombak station for ECRL
- too dainty tracts inward Bentong
- the stations of Chukai too Kemasik are rattling to a greater extent than or less Kemaman, too ane of the primary argue why ECRL is needed is to back upward too heighten RAPID refinery close Kemaman (the marine base of operations contract past times Petronas has been awarded to AZRB for some other v years / Tok Bali render base)
- AZRB has 4.5 acres of freehold nation inward Kemasik
- an fifty-fifty bigger plot of 66 acres inward Marang which the ECRL volition piece of occupation past times through
Looking at the cost movements, AZRB is simply discounting the skillful upcoming results too has non actually priced inward the ECRL potential. Be careful though, it is notwithstanding potential, non written inward stone.
Besides the upcoming results, Tun Mahathir volition hold upward going to mainland People's Republic of China inward April, perhaps to lock upward the ECRL on meliorate terms.
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