Ramunia has an increase of volume today, finally..... It opened with a slight gap up @ 0.395 , H - 0.40, L - 0.39 and closed @ 0.395, which has created a doji candlestick. There was news on Ramunia yesterday, that it has been awarded a project from Shell Sarawak Bhd worth 177mil.
It has broke above the level of 0.38, now looking it to shoot further if it successfully breaks above 0.39-0.395. We shall be returning to visit 0.445, followed by 50.
As what we have been awaiting for this co is, probably it might be lifted up of its' PN17 status soon.
Source from Bursa
Announcement Details/Table Section :
The Company wishes to refer to the articles appearing in The Edge Financial Daily and The New Straits Times dated 24 May 2012 that the Company “is looking at a pre-tax profit of RM28 million to RM29 million this year”.
The Company wishes to clarify that the statement was erroneous. As disclosed in the Circular to Shareholders dated 30 April 2012, the forecasted pre-tax profit for the financial year ending 31 December 2012 should read as RM37.4 million.
This announcement is dated 25 May 2012.
The Company wishes to clarify that the statement was erroneous. As disclosed in the Circular to Shareholders dated 30 April 2012, the forecasted pre-tax profit for the financial year ending 31 December 2012 should read as RM37.4 million.
This announcement is dated 25 May 2012.
Wouldn't this be some good news? And by looking at the Q's, high possibility that there is something going on with this counter. In my opinion, it is worth monitoring Ramunia for the time being.
P/S : I'm glad that i have been informed of the history of Ramunia from a senior trader friend of mine, whom have also guided me technically. It is good to listen to stories and histories which you have not been exposed to, from there one will be able to understand better, and it's really nice to have someone who taught u without any charges made. Thank you. You know who you are! :-)
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