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

Saturday, November 3, 2012

SapuraKencana awarded RM836mil jobs

KUALA LUMPUR: SapuraKencana Petroleum Bhd has been awarded RM836mil worth of jobs by Petronas Carigali Sdn Bhd and HESS Exploration and Production Malaysia BV.
The award is effective from October 2012 until April 2016, with the option to extend for another year. The award is expected to contribute positively towards the earnings and net assets per share of the SapuraKencana Group for the financial years ending Jan 31, 2013 to 2017.

Read also......from The Edge

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