"Konsort may rise after closing at its highest in 6 months. A purchase can be made if it stays above RM1.04, with a close below RM0.98 as a stop-loss. The price target is 2012's intraday high of RM1.24. Failure to stay above RM1.04 could see the stock trend sideways, with strong support at RM0.90." Quoted by Kiasu trader. Whereas Jesse Livermore's" a stock is never too high to buy and never too low to short". Cheers, safe trading and happy new year folks
Posted by Raymond Tiruchelvam > Jan 7, 2013 02:52 PM | Report Abuse when tun mahathir was asked.... as Petronas advisor, did you advise the contracts to be given to kencana.... he blatantly replied YES... i asked all the contracts to go to my son's company...
still nobody notice ? future oil and gas play ? (please note new board of directors, headed by Rahman, ex CEO of Media Prima). Equinas as the controlling shareholder. New directors from Petronas.
i am quite familiar with how this sotck behaved (played before). The last round it went up like this, it was followed by announcement of massive dividend of 47 sen per share (!!!!). So this round I am very confident something good is coming.
PROPOSED ACQUISITION BY KL AIRPORT SERVICES SDN BHD (“KLAS”), EFFECTIVELY A 100%-OWNED SUBSIDIARY OF DRB-HICOM, OF 155,462,322 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 61.61% EQUITY INTEREST IN KONSORTIUM LOGISTIK BERHAD (“KLB”) FOR A CASH CONSIDERATION OF RM240,966,599.10 ON THE BASIS OF RM1.55 PER SHARE (“PROPOSED ACQUISITION”); AND
Purchaser who buys over at RM 1.55 per share will work towards creating KLB enterprise value higher than RM 1.55 per share on medium to long term basis.
RM 1.54 now after the mandatory acquisition announcement by KLAS. Will the momentum continue since the volume is picking up... Pls share your comment and forecast.. Thx.
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....
monkey79
37 posts
Posted by monkey79 > 2012-08-29 17:00 | Report Abuse
Anybody holding this? Dividend like not bad..