Today’s highlights:
- Kinsteel 1Q net profit soars to RM10.27m
- BHIC posts net loss RM14.51m in 1Q
- Kencana unit gets EPC contract valued at RM48.9 million
- Mitrajaya unit gets contract worth RM111.84m from Putrajaya Holdings
- Daya Materials’ unit gets RM57m construction contract
Today’s highlights:
- Bumi Armada gets RM115m Petrobras contract to supply vessel
- MHC Plantations proposes 2-for-5 bonus issue, warrants
- Lysaght gets RM22.7m sub-contracts from YTL unit
- MBSB signs financing agreement with NCT United
- Daya Materials gets RM60mil project in Penang
- Mitrajaya wins projects worth RM102mil
DAYA (First resistance at 22 sen)
SKPRES (Watch if break 31 sen)
PCHEM (Breakout in chart, next level TP RM6.6)
MITRA (Moving out from the ‘cloud’ with volume)
PTGTIN (More upside ahead?)
SEACERA (sign of weakness, avoid)
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Today’s highlights:
- Favelle Favco units get jobs worth RM72.3m
- MITRA secures RM21m projects from ECERDC
- YTL Ind offers to buy YTL Cement
- Kurnia Asia proposes to sell Kurnia Insurans to AmG Insurance
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(Free post)Oversold stocks waiting technical rebound
Tuesday, July 19th, 2011 Posted by in post - (0 Comments)
Here are some good oversold stocks waiting for technical rebound to kick in. Read more
KLCI has been making new high now and then, punters and investors are partying along with the board-base run up of stocks. However always remember law of gravity, anything that goes up will come down. Today is friday, it’s best that we could take some profit off by selling on strength. Here are some stocks … Read more
FA for MITRA, Current share price = RM1.16 NAPS = RM2.06 EPS = RM0.33 PE = 3.06 On 18th of May 2010 it announced a dividend of RM0.10 per share Div Yield 2010 = 0.1 / 1.16 = 8.6% TA for MITRA, Refering to the chart above, MITRA has formed a symmetrical triangle, which mean … Read more
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Business News- #Stocks to Watch* Sunway, TRC Synergy, Favelle Favco, Grand-Flo Solutions May 19, 2012KUALA LUMPUR (May 19): Investor sentiment at the local stock market is expected to remain jittery in week beginning Monday... […]
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- #Global Markets* World stocks erase year's gain; Brent at 2012 low May 19, 2012NEW YORK CITY (May 19): World stocks erased the year's gains on Friday as investors fled risky investments for safe-haven... […]
- #Wall St Week Ahead* The market is oversold, but major signs say 'sell' May 19, 2012NEW YORK CITY (May 19): Normally a big decline would set up Wall Street for a technical rebound. But that... […]
- Sunway unit gets LoA for RM1.17b MRT job May 19, 2012KUALA LUMPUR (May 19): Sunway Bhd unit Sunway Construction Sdn Bhd (SunCon) received a letter of award worth RM1.17 billion... […]
- #Stocks to Watch* Sunway, TRC Synergy, Favelle Favco, Grand-Flo Solutions May 19, 2012
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