Ranhill bullish still?..

Fundamentally, the stock is very attractive with a QOQ profit rose almost 100% with the EPS rose to 4 sen from 1.85 sen a year ago. Net tangible asset is currently $1.64.

Widely published news on Ranhill's odds of winning the pipeline project worth ~USD7 bil and a speculation that it could claim another US150M for works done in O&G projects in Sudan puts Ranhill on the spot light under current bearish sentiment in KLCI.

The bearish market sent investors scrambling for safety counters which is supported by positive news while waiting for the return of the bull.... Ranhill is definitely on safe counter to count on... i do hope no hanky panky thingy like Tranmile... ;)

With O&G currently in play, it's very difficult for any bear to topple the bull that is driving this stock... all in all, it's definitely worthy to spend some resources on this stock.