Wednesday 23 May 2012

Gamuda Berhad (Announcement)

Gamuda and MMC finally announced their JV company today. This should spur good news, on top of the big chunk of share acquisitions by EPF lately of these two companies.
Gamuda is trading in range lately, and should be monitored closely to determine the possible trend. There's a tendency for upward bias in this case.

As for RA, it has been trading at the stable region of 8 sen. This is a good price to re-enter.

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