Wednesday, June 13, 2007

Thunderclap KPS


The market was almost fainting. Losses swarmed the board. There were some signs of movement in KPS at the start of trading. Soon, its gains were trimmed to only two sen. The same took place in the afternoon.

And then.....

Along with the heavy rain and thunderclap in KL and PJ, KPS started shooting up at the final trading hour with buyers galore snapping up all the stocks on offer until the final bell. KPS ended 22 sen higher at RM1.58; a record high. 13.34 million shares were traded. What gives?

Hope there will be a strong follow-through tomorrow. If the rumour that KPS will be taken private is true, then it will shoot to the next galaxy in stock prices in the near term.

We await with baited breath....

Heartsong


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