Thursday, September 21, 2006

ACB (5657) - Wed 20 Sept 2006

For Wed 20 Sept 2006, share prices closed lower as the military coupin Thailand gave investors an excuse to lock in profits. The market is also waiting for the outcome of the US Federal Reserve meeting. KLCI closed down 3.20 points or 0.33pct at 959.62.

I did buy 5,000 units of NEXNEWS at 0.68 today dan diposed my 2,000 units BERNAS at 1.75.

As for today, my CHAP AYAM INDICATOR filtered ACB as a potential continuation of its uptrend. However, its quite risky becoz of low volume. Buying zone is between 0.805 to 0.815 and Cut Loss if it drops below 0.80.



Business Activity
STEEL SERVICES INTERNATINAL TRADING AND DIST OF ELECTRONIC COMPONENTS MFR & DIST OF AUTO

Recent News
ACB UNIT DISPOSES INDUSTRIAL PROPERTY - 16 Aug 2006
ACB TAKEOVER BY LION CORP EXCEEDS 50 PER CENT - 28 Apr 2006
AMSTEEL CORP EGM APPROVES DISPOSAL OF ACB SHARES VIA TAKEOVER BY LION CORP - 25 Apr 2006

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