karipap: For strong support level I do not know, because we don't have that data. By looking from buying and selling queue, most of the investor are intend to sell their shares. I believe this is short period, when the market back to normal SCOMI will rebound again. I believe SCOMI will fly again, 5bill project in hand and another oil n gas contract coming in will boost scomi performance.
today our klse drop to -13point...it look like last week thursday drop -30 point for closing wen 1st half klse drop -17-24 point... i guess today klse point will go -24.00 (drop) if contra player t3 just sell now... later collect back before closing... bcos nikkei drop -230 point -1.72% japan market drop alot...india market drop -400 point once uk or us market open it will drop again until tommorow...
karipap: This is temporary market downtrend, because of panic selling. Market will rebound again next couple weeks, now all over the world are in downtrend. Take this opportunity to buy more and average your price.
"However, we prefer IJM to MRCB for exposure to monorail jobs. We believe an IJM-Scomi consortium stands a better chance of winning the bid as the JV's cost advantage lies in Scomi's expertise in monorail rolling stocks"
KL Monorail Extension Project
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karipap
471 posts
Posted by karipap > 2013-06-20 12:19 | Report Abuse
pls dont drop laaa.......shah buy some more lah...