Bouncing Ball WMC?

So what do you know? It went as low as RM1.06 and closed nicely at that price yesterday. But lo, by Merlin's magic wand, it started at RM1.18 this morning and it is now racing limit up at RM1.36 on almost 7 million volume. This is a truly wonder counter.

If there is one share counter you should play the whole year of 2007, this is it! WMC.

So, trust the new management of WMC. It looks like they are the mission squad to fly the national halal hub project for the muslim world. A most powerful premise as Malaysia is one Bolehland! So forget about the SC query. The report will be published just like in the case of Megan and Transmile. Believe me, the creditors will pay up when they receive the demand letters!

Since Hadhari is buying WMC at RM1.50 and the deal is expected to be sealed in two month's time, expect WMC to fly back to RM2.00 in no time.Remember this is a block deal. So retail prices are higher.

It has been a hard period for shareholders when WMC went down to RM1.04. I hope rosy days are here to stay for WMC. Ultimately expect WMC to change its name to something like Hadhari Agrotech International as it evolves into a global company. What can I say to WMC except Tahniah and Syabas!

PS: WMC closed at RM1.61 notching up a gain of 56 sen.

Heartsong