Tanjong Public Limited ( TANJONG: stockcode 2267 ), today triggered FinanceTwitter “Buy” signal with ratio of 2,786 Bulls : zero Bears (up from 109 Bulls yesterday). Stochastic indicator has just crossed with Relative Strength increase to 59.35. MACD triggered “Buy” signal as well. Volume is building up with yesterday’s volume surged to more than double the day before.
Tanjong is a fundamental sound company with a good management team owned by Ananda Krishnan (MBA graduate from Harvard) who constantly looking over it’s performance from time to time. Ananda who ranked #147 among “The World’s Richest People In 2006” is known for appreciating good talents in running his empire, others being Maxis, Measat & Astro.
Tanjong is an investment holding company. The Company, through its subsidiaries, is engaged in the provision of consultancy services, management services, horse racing/breeding, film exhibition, supply of electrical power, natural and liquefied gas, heat and compressed air, online lottery, and operation of leisure park. It has five business segments: power generation, gaming, property investment, liquefied petroleum gas (LPG) and leisure. The Moscow Olympic Lottery, a joint venture of the Company launched its operation on December 12, 2005. On 25 April 2006, the Company disposed of its interest in the LPG business in China to Sinowave (Asia) International Limited. On 3 March 2006, Tanjong announced that it had, via Kuasa Nusajaya (L) Ltd., a wholly owned subsidiary of Tanjong, completed its proposed acquisition Suez Gulf Power SAE. In May 2006, Tanjong Energy Holdings Sdn Bhd, a wholly owned subsidiary of Tanjong, acquired Corinthian Holdings N.V.
Tanjong Public Limited ( TANJONG : stockcode 2267 ), today triggered FinanceTwitter “Buy” signal with ratio of 2,786 Bulls : zero Bears (up from 109 Bulls yesterday). Stochastic indicator has just crossed with Relative Strength increase to 59.35. MACD triggered “Buy” signal as well. Volume is building up with yesterday’s volume surged to more than double the day before.
Tanjong is a fundamental sound company with a good management team owned by Ananda Krishnan (MBA graduate from Harvard) who constantly looking over it’s performance from time to time. Ananda who ranked #147 among “The World’s Richest People In 2006” is known for appreciating good talents in running his empire, others being Maxis, Measat & Astro.
Tanjong is an investment holding company. The Company, through its subsidiaries, is engaged in the provision of consultancy services, management services, horse racing/breeding, film exhibition, supply of electrical power, natural and liquefied gas, heat and compressed air, online lottery, and operation of leisure park. It has five business segments: power generation, gaming, property investment, liquefied petroleum gas (LPG) and leisure. The Moscow Olympic Lottery, a joint venture of the Company launched its operation on December 12, 2005. On 25 April 2006, the Company disposed of its interest in the LPG business in China to Sinowave (Asia) International Limited. On 3 March 2006, Tanjong announced that it had, via Kuasa Nusajaya (L) Ltd., a wholly owned subsidiary of Tanjong, completed its proposed acquisition Suez Gulf Power SAE. In May 2006, Tanjong Energy Holdings Sdn Bhd, a wholly owned subsidiary of Tanjong, acquired Corinthian Holdings N.V. 
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