Tuesday, July 31, 2007

JAKS-Some more?


I thought I would post this excerpt from CIMB on JAKS.

The privatisation of Selangor’s water supply services in 2005 has raised the question of whether the HoA will eventually translate into the award of a formal contract. The bigger water boys like Gamuda and Taliworks (TALIWRK) could see some action given their past dealings with KPS. Jaks Resources (JAKS) is also expected to participate in Langat 2 through an expected 30% share of the construction works and possibly even a stake in the water treatment concession. – CIMB

Hope it is true because then JAKS will be hot-wired to move up today like the mother ship, KPS.

Heartsong

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