Tuesday, April 1, 2014

3743 MAICA



1/4/2014 volume increase ....resistance at 1.60 ,  1.75 ....support 1.41......

no buy /sell call.....happy trading ...cheers! 




Maica or Sunsuria TP 1.98 by UOB . Right issue 3 For 1 @0.65, plus 1 free warrant. Share price now @ 1.34 from a high of 1.69 on Feb 17, 2014. If buy now, the average cost will be 0.8225 with 1 free warrant ( 1.34 + 1.95 / 4 = 0.8225 ). The new boss is Datuk Ter Leong Yap, who is the most famed as president of the Chinese Chamber of Commerce and Industry in KL & Selangor. 
Catalyst : Ter is likely to inject 3 major property developments into the company valued at about 10% of its estimated GDV of RM10bil.



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