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Termination of High Speed Rail Project – Impact on stocks?
By Marksman Investment Corner  •  June 2, 2018
Recently, there has been news announcing Malaysia's intention to terminate the High Speed Rail (HSR) project, with claims that this project does not financially benefit Malaysia at all. At the point of writing, this does not seem to be firm yet. To share some background, the Jurong area is seeing development for Jurong Lake District. The HSR project is a part of this plan, as Jurong East will be or would have been the site of the Singapore Terminus. This would allow people to get from Singapore to Kuala Lumper (and vice versa) in the span of 1.5 hours, down from driving 4 hours. The project was slated to complete in 2026. You may access some related articles here: Two stocks that may be affected immediately comes to mind: Capitamall Trust (CMT) and Genting Singapore. Both are constituents of the Straits Times Index (STI). Note that this post contains...
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By Marksman Investment Corner
I am turning 30 this year, and I work as an engineer for my profession. I am also getting married to my lovely fiancee this month. In my off-hours, I enjoy reading more about investing/trading. I started my journey in investing/trading not too long ago (about 2 years ago?), with the biggest catalyst to dive into it being witnessing a sudden market crash and then realising, "Hey, these guys are overreacting! Maybe there is something to be had here." I experienced some downs and ups since then. My aim? Financial independence; Retire Early (FIRE) by 45.
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