(06-08-2019, 09:55 PM)Bibi Wrote: https://www.fool.sg/2019/07/29/8-highlig...iteds-agm/Thanks for the reply, appreciate it. Cannot say for certain its going nowhere as I do start to see order books and revenue from individual functions increasing. But its fair to say that due to bad sentiments, the price is suppressed.
1) Wong FF thinks the o&g downturn will last longer. Renewables will slowly reduce demand for oil.
2) ESRI USA changed renewable terms from 7 years to 3 years.
I am not sure whether this 2 pieces of not so good news causes it to drop. Fidelity funds have been selling for past few days. I think their patience are wearing out. Its been 4 years and Boustead is going nowhere.
Boustead Singapore
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