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


Showing posts with label airport. Show all posts
Showing posts with label airport. Show all posts

Wednesday, April 14, 2010

Malaysia Airports (5014.KU) at Buy, raises target to MYR6.15

HwangDBS Vickers Research keeps Malaysia Airports (5014.KU) at Buy, raises target to MYR6.15 from MYR4.75 after revising up FY10-FY11 earnings forecasts by 3%; says there may be more upside to target price if strong passenger traffic growth continues; passenger growth was 15% on-year in January 2010; house tips 7% growth in FY10. "A 1-percentage point increase in FY10 passenger growth could lift our DCF valuation by 2% and target price by 9 sen," says analyst Juliana Ramli. Adds, revised target price also reflects additional rental income from potential commercial development opportunities in new low cost terminal. Stock untraded; ended 0.2% lower at MYR4.95 yesterday.

Sunday, April 4, 2010

Another Lesson....Airport - Can it break RM5.00?

April 5, 2010 - Volume buy up is more thn sell down
April 6, 2010 - EPF disposed 471,000 Shares
April 7, 2010 - Witnessed collection @RM4.95

Friday, April 2, 2010

Malaysia Airports Runway to Success (Immediate TP=RM5.50)

We have called this document “Malaysia Airports Runway to Success - Executive Summary (2010-2014)” as it charts our business direction during this period, laying out the current state of our business, the direction it is headed and our road map to get there. We strongly believe that it will guide us towards building and becoming a world-class airport business. In addition to this document, we have also published a more detailed version of our business direction for the 2010-2014 period which can be downloaded from our web site or obtained from our corporate office.  Read more...
Airport-CA xdate 31.03.2011 xprice RM4.65 xratio 5
Malaysia Airports (5014.KU) +2.9% at MYR4.94 as reaction to airport operator's 5-year business plan generally positive; plan aims to double revenue, boost EBITDA by as much as 75% within 5 years. Dealers say having breached MYR4.90-MYR4.91 (mid-March high), next upside target for stock at major psychological barrier of MYR5.00. "We are generally pleased with the 5-year business direction," OSK Research says; maintains Trading Buy, with target price of MYR5.50, pending more details on plan. (benjamin.low@dowjones.com)
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