April 28, 2011

YTL Corp-Turning Point Friday?

Well, your sub-divided shares of 10 sen par are now officially in your CDS account. They were deposited yesterday night, so it seems.


Today is Friday and the Dow did not do well yesterday night.

In all likelihood, there may be market weakness all round and I think the new shares of YTL may again be easily available on a buyer bias.

My hunch is its collection time again for institutional shareholders.

Let us watch how the YTL Corp drama unfolds today.

When market ended,  the price slumped by 4 sen to RM1.66.

It was to be expected.

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