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

Friday, March 9, 2012

MAS takes delivery of 1st A380 in June

PETALING JAYA (March 9, 2012): Malaysia Airlines (MAS) will take delivery of the first of six Airbus A380 superjumbo jets on June 19, nine years after placing the order, and will start thrice weekly operations from Kuala Lumpur to London on July 1.
The aircraft is currently undergoing the finishing touches in Hamburg, Germany, said MAS acting head of strategic communications, Nor Zalida Ahmad.
"Starting from July 1, MAS will operate three flights a week on the Kuala Lumpur-London route, and then increase the frequency to daily from Aug 25 with the delivery of its second A380. The third and fourth A380s (which MAS will take possession in August and September, respectively) will be used to fly between Kuala Lumpur and Sydney," MAS head of customer experience, Datuk Salleh Ahmad Tabrani, told a media briefing here yesterday.

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Thursday, March 8, 2012

P1 to start fibre optics broadband with 4G

Packet One Networks (Malaysia) Sdn Bhd (P1), which aims to spend RM750 million to RM900 million on its three-year P1 2.0 Evolution Plan unveiled today, will introduce fibre optics broadband with 4G wireless service end of this month.

P1 is the only telecommunications company in Malaysia to offer the exclusive combination for a premium service at a fixed location with 4G wireless convenience broadband.

With the deployment of a long-term evolution-enabled network by mid-2013, P1, a subsidiary of Green Packet Bhd, will transform itself into a mobile company to offer more than just broadband solutions and expects to return to the black.

Read more: P1 to start fibre optics broadband with 4G

Monday, March 5, 2012

What ... Me Worry About Dow 13,000? Seems Many Do

What's not to like about Dow 13,000? While some investors cheered when the blue-chip index closed above that level Tuesday for the first time since May 2008, some were wringing their hands.

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