YTL Power has broken below the major support rm 2.40 and treading rm 2.10. This is due to listing of YTL Warrant which is heavily discounted to benefit the shareholders. This listing of warrants dilute this shares.
I know ! I own this counter.
Tuesday, May 27, 2008
9:25 am - Here is a counter Esso that is pushing thru the supply
I believe Esso wud not fall back to Rm2.55 as there are some news of privatization on Esso.
We have bought some shares for our clients prior to this.
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