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Jack you are right, in Bursa anything is possible. just watch up for the volume! Stupid counter still can become a gold mine. Bursa is Genting Malaysia the second!
@joyce victoria, with the 3.2mt flat steel acquisition, lionind's capacity will dwarf all other steel player's and monopolize the local flat steel market. A new startup of a similar 3.2mt flat steel mill would have cost in excess of rm3.2b. Considering the staggering rm2.6b cost savings derived from this acquisition and lionind's minute maket cap of rm300m, i would say rm1 is a very low hurdle for this mega lion to jump over... it will shoot up over rm1 anytime from now
Our PM is not Trump, he protects only the welfare of his race and his family not the country's interests. That's why steel industries in Malaysia are tumbled!
