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3 comment(s). Last comment by BC475654 2013-05-19 00:23

BC475654

605 posts

Posted by BC475654 > 2013-05-18 23:32 | Report Abuse

TP REVISED UP TO RM 6.87.Looking forward to Mon Trading.Cheers.

lotusf1

1,159 posts

Posted by lotusf1 > 2013-05-18 23:49 | Report Abuse

Counter fliying everday but....risks remain as the counter had reached overbought status.
Not sure if be some corrections due : any idea ?

BC475654

605 posts

Posted by BC475654 > 2013-05-19 00:23 | Report Abuse

Overbought very unlikely as the huge bulk are bought by foreign/buyers over the last 15 trading days.I am confident buyers will outnumber sellers in the coming days.More potential foreign/institutional buyers who are still sideline at the moment waiting for official contract announcement.These group of investors buy only based on factual data.Eg:1)Is the contract secured? 2)total contract value? 3)duration of contract before they could derived at Dayang's earning projection.Next they have to work out the forecast their own ROI.Only then the decision/action to buy or not to buy.

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