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

Thursday, March 10, 2011

AZRB gets RM145.38m East Coast highway job

KUALA LUMPUR: AHMAD ZAKI RESOURCES BHD []’s unit has secured a contract worth RM145.38 million to complete the remaining works of the Phase 2 of the East Coast highway project in Terengganu.
AZRB said the works are to be completed on Aug 26, 2012. It said the contract was expected to contribute positively to its earnings for the financial years ending 2011 to 2012.

Read The Edge

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