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

Tuesday, February 7, 2012

Green Packet sees historic 2012 for its P1 unit

GREEN Packet Bhd expects its unit, Packet One Networks (Malaysia) Sdn Bhd (P1), which is among the world's first 4G service providers, to rake in better earnings this year with the strengthening of its 4G service.
Its chief executive officer Michael Lai said 2012 was going to be a historic year for P1.

He said P1 was set to become one of the few telcos attaining profitability in a record time of under five years.

"We have garnered a solid and growing subscriber base of more than 356,000 users in Malaysia as of the third quarter of 2011. We are looking to cross the 500,000 mark this year," he said.

Read more

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts Plugin for WordPress, Blogger...