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

Monday, March 28, 2011

SapuraCrest 4Q net profit surges 79% to RM72.67m, proposes 5.5c final dividend

Revenue rose 26% to RM609.95 million from RM484.48 million in 2010. Earnings per share was 5.69 sen, while net assets per share was 87 sen.

SapuraCrest proposed a single tier final dividend of 5.5 sen per share for the financial year ended Jan 31, 2011.

Read The Edge

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