Among few genuine O&G counter, next round of merger will see Alam become the among the biggest O&G! Plenty of joint venture with other international O&G players!
Once break 1.60, will go much higher! Alam is biggest OSV around! Others will die and merge! Alam strength having many jv with internatinal players! Cant go wrong with crowded market! So catch up with Muhibbah!
http://klse.i3investor.com/blogs/rhb/50380.jsp Alam may rebound after getting back above the 200-day MAV line. Traders may opt to purchase the stock if it closes above MYR1.50 today, with a close below MYR1.43 as a stop-loss. If the MYR1.60 resistance is broken, the price target would be MYR1.65. The stock could trend lower if it fails to stay above MYR1.50, while support is at MYR1.35.
Alam will only clim up when secure more biz else it will close in and 1.5-1.6 Muhibbah will continue run up underpinned by its 'lessen given by Petronas n also other project start running at Southeast Asia. There have a "strong" background behind Muhibahh. Buy lah for those have extra money. 6 months from now u will ketawa
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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....
Money156
105 posts
Posted by Money156 > 2014-04-16 15:43 | Report Abuse
Up!! Up!! Show power!! 1.70!!