Monday, 11 August 2014

Analysis of UMA's

Kenanga research wrote an article about Guocoland (Malaysia) Bhd, titled "Unlocking RNAV".

An interesting observation in the fourth paragraph:

That means that an UMA (Unusual Market Activity query) does have a clear effect.

UMA's were seen as having not much of a bite, but things changed when Can-One was reprimanded and seven directors were fined 350K, as blogged about before.

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