July 19, 2012

BJFoods-Will It Go Up?

Starbucks is In!
Today, it was announced that Starbucks has been formally taken over by BJFoods.

Will that push the price up or is it a given that only attract little interest?

There was some slight interest in BJF at the end of day with the share moving up 1.5 sen to 96 sen.

The OR traded up 2.5 sen to 63.5 sen.

Tomorrow is Friday and so there will be see-saw trading.

I do not expect much demand for BJF tomorrow.

Monday will be the last day for trading of the OR.

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