Thursday, April 19, 2007

ASCAP


Advance Synergy Capital should rise further based on it's chart movement...however, it posted a lost of about 45M last quarter.
On its plan to dispose of 20% stake in SIBB to interested parties given a green light, regardless of the value of the deal ASCAP is set to gain from the sale. A trading buy is possible...but practise caution as the world stock markets are currently facing selloff for fearing over heated economy in China...US market opened slightly lower putting pressure on KLCI tomorrow. Current consolidation in KLCI may not be as steep as some of us might think. ^_^ (fingers crossed)

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