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| A Gathering Storm |
In slumber mode for a long time, Berjaya Foods finally reared its head. It started gathering buyers and there was an apparent push to RM1.05.
This is a good start for the new year given the rights issue must be completed by the first quarter of 2012.
To make the rights attractive, Berjaya foods must be sprung to at least RM1.30 to ensure full uptake.
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| Roasty Flavour profits |
I am sure this counter is well controlled by some majority shareholders given the long dull period of inactivity which is so convenient for them to collect the stock.
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| Frappacino |
If the buying trend does not subside, expect action on this counter. Maybe some
angpow for you to spend by 20th January?
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| Is this an uptrend indicator? |
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