QUOTE(danielc156 @ Aug 16 2011, 03:49 PM)
CIMB has a target price of 58 cents.http://www.theedgemalaysia.com/business/19...h-upgrade-.html
JCY
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Aug 16 2011, 08:26 PM
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All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor |
QUOTE(danielc156 @ Aug 16 2011, 03:49 PM) CIMB has a target price of 58 cents.http://www.theedgemalaysia.com/business/19...h-upgrade-.html |
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Aug 26 2011, 09:17 PM
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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 |
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Nov 11 2011, 09:06 AM
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14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor |
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