No news come out yet .. But everyone is waiting the announcement from bursa malaysia . Hope that the transfer is done between PNHB and AIR selangor. All water stock price still holding and waiting the announcement .
hng33, based on what you said about resistance, that would means more road blocks ahead at 2.86 (Mar 02, 2015), 2.88 (Jan 23, 2015), 3.13 (Jan 05, 2015), and 3.74 (Nov 12, 2014), right? Or, are you referring to closing high? 2.81 (Jul 13, 2015), 3.05 (Jan 02, 2015) and 3.60 (Nov 12, 2014). Or, it can be either a closing high or a day high, a fuzzy region? Thanks.
hng33, went to stockchart.com, seems like the resistance you mentioned is kind of fuzzy, with a region of which to be broken before a next up wave can be formed. Right?
Aiyoyo....what is the purpose to faint again ??? bjcrop shareholder deserve their due handsome pie for their extremely patience waiting...then share breakout. Puncak shareholder will also have its turn to be rewarded soon.
kahhoeng There are many technical analysis view, you must accept different people will have different point of analysis, i just sharing my own view here, if not agreed, just let it be, the decision is on your. OK
Well, the last time this counter close above 2.82 was in Jan 2015 if I'm not mistaken. Guys, this is not bad with the very small daily trading volume. Today's volume is almost half of yesterday's and less than half of the volume two days ago. Agree with Wiwangwang, the announcement (also depend on what is being announced) could be the catalyst for volume and price movement.
hng33, don't get me wrong, just trying to learn from you who had been using technical analysis besides fundamental analysis to trade. Meant to switch back to BJCorp once my Puncak is sold, guess timing is extremely bad thanks to Azmin...
kahhoeng, Azmin was among the first to speak out against red 169 and took his son to Bersih rally. Does that mean anything to you? He is a wakil rakyat, not a mere pen-pusher and he should be politically careful dealing with UMNO cronies.
On behalf of the Board of Directors of PNHB, Hong Leong Investment Bank Berhad wishes to announce that PNHB has received a confirmation from Pengurusan Air Selangor Sdn Bhd (“Air Selangor”) today that:
the unconditional date for the conditional sale and purchase agreement dated 11 November 2014 signed between PNHB and Air Selangor (“SPA”), being the date on which the last of the Special Covenants and the Conditions Precedent (as defined in the SPA) have been fulfilled and satisfied, is on 8 October 2015; and the Completion Date (as defined in the SPA) is on 15 October 2015. This announcement is dated 8 October 2015.
Yes the sale is completing soon & collection of the sale proceeds. The next thing to think of is the distribution of cash to shareholder loh! tomorrow will be a rerating mah!!
ec1705, if I can't speak about what went wrong with PR, then, how's it different from BN? I want a better government, not a change in government. When it comes to election, I will vote for BN in an attempt to break the corruptions and racial-based regulations. That doesn't mean that I will have to support whatever PR want or believe in. In fact, a lot of promises made by PR don't make sense and will harm Malaysia. It's just that there is no better alternative right now!
If I were not wrong, DAP's Liew Chin Tong openly suggested Langat 2 is not necessary and it's one of the reason Khalid must go? How come Liew didn't come and oppose Langat 2 now?
This means that Air Selangor has confirmed that the 'Special Covenants' and 'conditions precedent' has been fulfilled and satisfied today i.e. 8/10/2015. The completion date (as defined in the SPA) is also confirmed to be 15th October. Now we need to know what is the definition of 'Completion Date' in the SPA, whether it include payment of the RM1.55 billion to fulfill the definition. If so, Air Selangor is also confirming payment by 15th October 2015 with this announcement. Can anyone confirm whether the SPA's definition of 'Completion Date' includes payment of the sale price of RM1.55 billion for PNSB and Syabas? Anyone?
Shanghai composite index's up 2.97% today. Hopefully the Dow will also up tonight. If so, KLSE tomorrow will likely be buoyant tomorrow! If so PNSB and Syabas would be completed in the context of a bullishly rising KLSE!
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....
sudahkena
1,804 posts
Posted by sudahkena > 2015-10-08 12:21 | Report Abuse
Cant tahan already.. everyday go to opis I will cross puncak building ....