Monday, January 12, 2009

WCT-WB

Last week, WCT faced a cancellation of contra at Middle East. It was cost about 1.3-billion contract sum. This news totally impacts the share price for WCT. First day hit the limit down and second day hit low to 92.5 cents.

After the said adjustment it would given WCT looking its reasonable price to consolidate. Referred the Friday afternoon session at KLSE equity market. The overall performance of KLSE was maintained at 910 above. The traded results shown, it was had some buying interest at property sector.

In the current bad economic sentiment, my employee had decided reduce the bonus rate. So, in order to gain some profit to level up my personal bonus at this year. I have buying WCT-WB at 21 cents. Target price set at 30 cents for short term trading.

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