Today’s highlights:
- Tanjung Offshore secures RM43m contract from Petronas Carigali
- Masteel seeks Iskandar rail job nod in Q1
- MRCB secures RM40.3m govt contract for Penang river
- SIME dispose Dunlopillo for 70mil
- PJI Holdings secures RM59.64m contracts at KLIA2
- Axiata, PLDT plan mobile virtual network operator services in Malaysia
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Bursa Malaysia announcement highlights
Wednesday, November 30th, 2011 Posted by in post - (0 Comments)MASTEEL & the warrant, yesterday close in a ‘Hammer’ pattern after a long consolidation, it’s very likely it will rebound from here. MASTEEL MASTEEL-WA Disclaimer: the above are solely the opinion of the author. spot4value.com & the author will not be responsible for any possible loss or damage cause by using this website. Tweet
Masteel and KUB link up in JV to build and operate rail transit system in Johor
Wednesday, January 19th, 2011 Posted by in post - (5 Comments)Since my last post on the 17th of December 2010, KUB has rose steadily til the close of RM0.935 today, the time i call to buy KUB was only RM0.655, more than 40% gain for just a month+. The news is out now, would expect KUB to gap up this Friday, while profit taking will … Read more
To Yewkhian, Here is my answer to your question. Refering to the chart above, Masteel looks like a sell to me with the following reasons, – The stock has broken below its uptrend line(R1 in blue) – The stock has broken below its 200MA.(in green) Should there be no quick recovery above its 200MA and … Read more

