Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study


Tuesday, December 14, 2010

Bullet train project may zoom into master plan

The proposed high-speed rail linking Kuala Lumpur and Singapore may be included in the national public transport master plan

THE proposed Kuala Lumpur-Singapore high-speed train project, costing between RM10 billion and RM12 billion, may be included in the national public transport master plan, said the chief of The Land Public Transport Commission (Spad).

Spad chief executive officer Mohd Nur Ismal Kamal said a feasibility study is being undertaken to examine viability of the project.

"The project may be considered in the master plan but we are not sure yet. The study will show how the high-speed train can be integrated with other public land transport," he said on the sidelines of the National Summit on Urban Public Transport 2010 in Kuala Lumpur yesterday.

Malaysia is mulling over a high-speed rail linking Kuala Lumpur and Singapore that will cut travel time between the two cities to 45 minutes.

A few companies, including YTL Corp Bhd and Hartasuma Sdn Bhd have made presentations to the National Key Economic Area (NKEA) lab on the project, involving a distance of about 300km.

Read more: Bullet train project may zoom into master plan

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