Mesdaq, Tenaga & Measat

There is a good chance the KLCI index will break the previous high. I'm seeing Maybank and now Tenaga starting to move. Furthermore, penny shares in Mesdaq may have bottomed out.


Mesdaq: Light at the end of the tunnel? A reversal candle may indicate the end of consolidation. Lets see whether the weekly RSI downtrend line can or cannot be broken.


Tenaga: It's this big elephant's time to move. The covered warrants will be a good hedge for this stock. Tenaga-CA (Ex price RM7.96, Ex date 28 Jan 2008) and Tenaga-CB (2 for 1, Ex price RM 4.54, Ex date 19 Oct 2007).


Measat: Maybe at the launch pad for blast off. Satellite launch in Nov 2006 - Jan 2007. Volume still low. Nobody is paying attention yet.