13 May 2012

Perisai Petroleum: Week 19 (7-11 May) Stock Picks Commentary

Stock Picks #3
Perisai Petroleum Teknologi (PERISAI)

Week high : 95.6 sen (Up 7.5 sen – 8.4%)


Market reacted positively as the additional US$ 208 million will help Perisai fill its order book until July 2014 which may also have a potential to boost earnings in the near future.

PERISAI stock rose 8.4% (7.5 sen) since 8 May to week’s highest 95.6 sen on 11 May and closed at 93.5 sen at the end of this week.

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