EOD Update (26 Apr 2006)

SCOMI & SCOMIMR spiked up substantially in morning session, following limit-up in SCOMIEN, but gave back large part of gains in afternoon trade. MUHIBAH continuing to move steadily, closing up another 14c (at one point was up 18c). SAPCRES finally managed to move past and stay above the 0.90 mark.

Meanwhile, LKT reported a huge earnings jump, closing up 26c for the day. Kenanga Research today issued a revised target price of RM5.60 for LKT based on its improving fundamentals. Wow ...! Real or not ...

DGATE testing 1.70 level again.

Latest purchase:

DCIB: +15,000 (0.465) ... Total 15,000 (another false breakout...)

Latest disposal:

SPOLYMR: -3,000 (1.22) ... Balance 20,000


/ichithekiller