KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
Domino effects.. unless BIG funds step in to swing the current bad market sentiment away... many small medium retailers taking backseat now eating popcorn.. nobody dare to enter freely.. the wave is too big..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DukeEmber
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Posted by DukeEmber > 2023-08-01 14:09 | Report Abuse
doing down beside news of contract....all propert stocks are like this...
wonder why??