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, April 11, 2011

Harbour-Link unit gets RM75.2m jobs from Bintulu Port

KUALA LUMPUR: HARBOUR-LINK GROUP BHD [] unit Harbour-Link Logistics Sdn Bhd (HLL) has secured contracts worth RM75.2 million from Bintulu Port Sdn Bhd to supply gantry cranes.

It said on Monday, April 11 that the contracts comprised the supply of eight units of rubber tyred gantry crane and two units Panamax Class gantry crane to Bintulu Port.

It said the contracts were expected to be completed by April 2012.

“The contract is one of the main stream businesses of HLL.

“The contract is expected to contribute positively to the future revenue and earnings of Harbour-Link,” it said.

Read it in The Edge

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