Monday, 25 June 2007

Tamcorp (0048) - take over target?

There is a rumour in the market that the stock could be taken over at RM1.50. It was actively traded last Friday. Could be worth a look. I think Nylex owns a majority stake in Tamcorp.

3 comments:

surewin said...

Hi Shooting Star,

A friend of mine is working in tamco. Earlier this year, when it was trading at 0.30-0.40, already heard that it will go up to 0.70-0.80, never thought that it's already 1.00. Also heard that the owner (boss of Nylex) intends to sell this non-core business about 3 mths back. Not sure if it's found a buyer yet.


Perisai is moving again!

Shooting Star said...

Perisai - yes it is moving and it is also among the most active. Like I mentioned in the previous comment, it has potential to reach RM1.40.

Shooting Star said...

For BJCorp, there is some resistance at RM0.555, its Feb high. Should be able to reach RM0.60 or higher. Support at RM0.43