INSTACO above $0.45 by 30-Aug-2013

  • target price: $0.45 ( 25.00 % in 94 days)
  • price when predicted: $0.36
  • current price: $0.14
  • 1853 days pass target date.
get a new contract RM205m Sarawak work
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I Think So

Not Likely


We refer to your announcement dated 20 May 2013 in respect of the
abovementioned matter.

In this regard, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. The risks in relation to the Project.

2. The expected commencement date of the Project.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully

Head, Issuers
Listing Division

c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
seems like drop quite long since 20-5-2013, basically the reply of query heard like uncertainty about the project, everything to be confirmed. i hope will boost 1day in this few days but not too long, a bit worry
reply from instacom about the query
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