Biyernes, Agosto 5, 2016

Meralco, ICTSI investing P10b in Laguna Rail Project

ICTSI a subsidiary of Meralco will revive the container rail service form Manila to Calamba in the span of two years for P10 Billion Pesos. 

“When this is operational, the number of trucks [hauling 40-foot containers] that you see on the road today, will be reduced by a minimum of 200 trucks per day to as many as 600 trucks per day... That’s going to provide a very significant benefit to our road system,” he said. 

Support 1 63
Support 2 61
Resistance 1 65
Resistance 2 67

ICTSI is currently near support -accumulate near support and set cutloss once break.

Support 1 - 320
Support 2 -307
Resistance 1 - 326
Resistance 2 - 347

Meralco is currently near resistance, once breaken that will be your new support.

2 komento:

  1. MER is consolidating tightly and not breaking that 325 level. with cash divs this aug 19, is it likely to break 325 until wed?