Dear Pathew, do llok at the 2 signals i mentioned yesterday... "The first sign of break out is surge of volumes and pass above $2.07. Confirm breakout if break above $2.10. "... Selamat Hari Raya... Oh ya..If it did breakout when i am away please monitor these levels: Immediate Resistants at $2.23, next resistant @ $2.30 and the Target price @ $2.46 based on my calculation... Happy Trading...
Hi Bro Matrix , thanks so much for your refresher course. So sweet of you still taking care of us before going off. No worry u hv gud students ! All lessons taught hv been registered perfectly...hahaha
Guess u r all packed n ready to go 2molo ya... Have a safe n blessed trip.
Ya lor Bro Pat, luckily mkt only trade 1/2 day n off d next few days. Otherwise sure Kena Red attack ! Bro Matrix n Bro Pat , think Monday open how ? If regional stil red next few days think going b bad ar..?
Thanks again matrix, surge in volume and cross 2.07, got it. Will watch out on Monday... Although I would think it'll be thin trade as ppl are still on leave and sentiments are not that rosy
Not sure..........didn't hear from him on exact but the highway and bypass heard all approved by state Govt. Central bypass and north east ........the latter would have it straight to reclaim area. I don't think start date is confirm though.....
This is big to support the infra in island......and indirectly support the moving forward. It should be fast but I believe is the perogative of EnO at this point to time it. Take note of the median line as the cross at the low in file earlier should cross judging at close today.
You still around the whole week? I will be excited to see after lunch queue.......it's now pass 200k volume selling at each level. I too see it will be tough to usher at this volume unless buyer backs down which I doubt. No news ......really good news ....:)
Sime Darby Bhd is currently the company’s single largest shareholder, holding 32% equity interest in E&O. Sime Darby first bought a 30% stake in E&O in September 2011.
Meanwhile, HwangDBS Research said in its report that E&O is expected to embark on aggressive landbanking in Kuala Lumpur, Johor and overseas on top of the STP 2 reclamation project.
“These could raise net gearing to as high as 100% from 35% currently, but can be managed via JVs (joint ventures) and potential equity fund-raising,” HwangDBS Research highlighted.
Both RHB Research and HwangDBS Research maintained their “buy” call on the counter with RHB Research targeting a fair value of RM3 a share and HwangDBS RM2.90.
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....
pathew
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Posted by pathew > 2013-08-05 22:19 | Report Abuse
Thanks matrix for the update... Will check it out...