Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Thursday, December 2, 2010

News Brief. IJM. TM. Glomac

IJM-JAKS JV wins RM269m water pipes contract for Pahang-Selangor raw water transfer project. No wonder IJM share price surge more than 5%, closing at RM6.13. I sold off some holdings. Could move up much higher on so much of the positive news of IJM Land. ...
Palm oil futures surge to 28 months high of RM3,523. OSK ups the average selling price in 2011 from RM2250 to RM2700
TM will sell entire 2.27 % stake in Axiata via a private placement, expecting to rake in 191.458 million shares x RM4.593 = RM 879.4m
Glomac ( nta 196, Q/Q 3.3/ 3.6/ 4.2/ 5.3/ 5.4 sen ) Fv 180

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