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

Saturday, December 11, 2010

Gamuda expects nod soon for RM36bil joint MRT project

SHAH ALAM: The Cabinet has yet to approve the Gamuda Bhd-MMC Corp Bhd joint development proposal for the mass rapid transit (MRT) system, said Gamuda group managing director Datuk Lin Yun Ling.

However, he expects the proposal, which was submitted early this year, to be approved soon.

Possibly, the Gamuda-MMC joint venture will be the project delivery partner of the Government.


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