GKent-MRCB JV Won LRT3 Job?

Among the top gainers today are GKent and MRCB- both stocks are up 16-17%. There is a small possibility that the rally in both stocks is due to their JV securing the LRT3 job, valued at RM9 billion (see an earlier newspaper report). If so, there maybe further upside to these stocks which had been sold down substantially in the past 1 months.

As such, they could be good TRADING BUYs.

 
 Chart 1: GKent's daily chart as at Sept 4, 2015_4.15pm (Source: ShareInvestor.com)


 Chart 2: MRCB's daily chart as at Sept 4, 2015_4.15pm (Source: ShareInvestor.com)

Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, GKent & MRCB.