Nov 16 2009, 08:48 AM
QUOTE(cucubud @ Nov 16 2009, 07:37 AM)
If you are successful in the IPO application, that means you have paid RM4.75 for the shares.
If the share go above RM4.85 then you make money.
I said RM4.85 is beacuse when you sell, you have to pay for some service charge and commission and etc.
Even if the share price is at RM4.75, you lose money as you have to pay for those charges.
In order to make money, the share price has to be above RM5.00
some what incorrect.... If the share go above RM4.85 then you make money.
I said RM4.85 is beacuse when you sell, you have to pay for some service charge and commission and etc.
Even if the share price is at RM4.75, you lose money as you have to pay for those charges.
In order to make money, the share price has to be above RM5.00
you can still make money.... Depends on number of shares you have
anyway with that being said... this stock should be able to trade 40 cents above the IPO price easily.
Just take profit and don't be greedy.
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