Ranhill...forgotten?

Well, this stock has been sliding since it hit a hit of $3.60 in Sep last year... loaded with huge projects in hand, this counter seems to have reached the bottom of the hill..... being one of the biggest engineering company in Malaysia, this stock is a valuable bet for long term construction boom... Malaysia is poised to engage in lots of construction activities in 5 years to come... steel price will rise too.. :P Latest rumour of privatization is not a suprise as this company seems to be viewed more on the speculative side rather than fundamentally stable company with huge exposure to government projects...

Based on chart, I'm seeing a positive convergence in a making and believe, the slide is over and its about time to buy into it.... privatization is a possibility but not necessary... You think about it.