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Icehart
post Aug 16 2011, 08:26 PM

72.55.191.6
********
All Stars
14,902 posts

Joined: Apr 2005
From: Kuala Lumpur & Selangor


QUOTE(danielc156 @ Aug 16 2011, 03:49 PM)
vested at 53... cry.gif  cry.gif  cry.gif  hope can go up to  65  brows.gif  brows.gif  brows.gif
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CIMB has a target price of 58 cents.
http://www.theedgemalaysia.com/business/19...h-upgrade-.html
Icehart
post Aug 26 2011, 09:17 PM

72.55.191.6
********
All Stars
14,902 posts

Joined: Apr 2005
From: Kuala Lumpur & Selangor


I personally avoid this kind of stock especially when the substantial shareholder is cashing out via IPO. It shows that the director or major shareholder lacks confidence in the company.

All the best traders and investors.

QUOTE
THINK twice before buying shares of a company that will not include the issuance of new shares but the sale of existing shares by its original shareholder(s) during the company's initial public offering (IPO) exercise.


QUOTE
Based on previous news report, YKY Investment Ltd, controlled by Malaysian businessman Y.K. Yong, had originally wanted to sell some 530.2 million existing shares, or 25.9%, of the company to institutional and non-institutional investors at RM1.60 to RM2.20 per share.


http://biz.thestar.com.my/news/story.asp?f...03&sec=business

This post has been edited by Icehart: Aug 26 2011, 09:18 PM
Icehart
post Nov 11 2011, 09:06 AM

72.55.191.6
********
All Stars
14,902 posts

Joined: Apr 2005
From: Kuala Lumpur & Selangor


QUOTE(rosdi1 @ Nov 11 2011, 09:05 AM)
It open gapping  and jump over my TP  rclxms.gif  rclxms.gif
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Congrats rclxms.gif

 

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