Agility surges 10% in one day May 28, 2008
Posted by mylastresort in analysis, rumors.Tags: Abdulmohsen al-Bahar, Agility, Contract, Dollar, Kuwait Stock Exchange, Kuwaiti Dinar, Noor Investment, US Military
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Shares of Agility end up almost 10%, making its biggest single-day jump in at least 2 years, after the company stated it won a U.S. military contract worth $2.8 billion.
“There were rumours that the United States will not renew that contract, but today when the company announced its renewal, the share price has surged after it had fallen on the previous rumours”
- Abdulmohsen al-Bahar, Noor Investment
Agility is expected to keep its run up for another 150 fils at least before its first correction. My bid to buy at market rate ended up in the dust when the stock began trading at limit high this morning.
thats very good mr al bahar … allah ywafqqak
thanks