January 10, 2010

Ramunia: If it is true.....

If it is true,then Ramunia is a counter to watch. Also, it looks like there is some hope of evading the minefields of a P17 status for Ramunia after it sells its fabrication yards to Sime Darby.

It has been reported that Ramunia Holdings Bhd, a Malaysian oil and gas services provider, may buy TH Technologies Sdn Bhd. The source is yet unknown though there are positive murmurs in the horizon,according to Bloomberg.

This morning, such rumours punched the air; pushing the counter up to a high of 49.5 sen,(more than 10%)its highest since November 2009 in morning training.

So, it would seem that there are unseen hands in Tabung Haji playing the magic flute of profits,is there?

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