0351 GMT [Dow Jones] LFE Corp (7170.KU) +14.6% at 47 sen in heavy volume of 6.0 million shares in follow through trade but dealers caution "Unusual Market Activity" (UMA) query by exchange filing may trigger some profit-taking. "The stock has almost tripled in value over the last three trading days on turnaround hopes (for FY09) and plans to increase its orderbook to MYR1.0 billion from MYR500 million. The stock is overbought and may need to consolidate recent gains before embarking on its next up-leg," says dealer. Immediate support at 41 sen (200-day moving average).
Dow Jones Newswires
September 27, 2009 23:51 ET (03:51 GMT)
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