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

Wednesday, March 30, 2011

Ireka unit gets RM232.75m contract

KUALA LUMPUR: IREKA CORPORATION BHD [] unit Ireka Engineering & CONSTRUCTION [] Sdn Bhd (ICB) has secured a RM232.75 million contract for a proposed office and hotel development project.

It said the contract was expected to contribute positively to its earnings for the financial year ended March 31, 2011 onwards.

Read The Edge

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