DSCSOL

this stock was listed on wednesday, 9 december 2009. the prices had been slashing downwards from day 1. the selling pressure has been great with few thousands per sale. i was thinking perhaps the sellers got 'cheap' preference allocation (say 10sen?) and they are selling off at any price.

any advices from pals here?

thank you.

their actual price should be at 0.25 only, just that it's highly overvalued, ended it's first day of trading at around 3x ++ price of ipo purchase.
so it's not unusual for the price to surge down, they are extremely small cap company with just around a few millions of revenue

yeap, it way way way too overvalue

20c fair value for me. Best timing is to enter few days/weeks after listing.

NONE of the newly listed/IPO pops. All flop within hours/days. I learned it hard way..

all ipo in malaysia. Drop.

technique for ipo:
subscribe for ipo, if you get it, then congrats, sell them all at the first day, MORNING SESSION, then guarantee profit..

At current price it is still higher than the IPO price after the bonus issue

You are very right. the average price is 0.25. but at the rate the prices moving down that will not last too long.

Whoever sold it off when it opened on the first day they most probably made a handsome 300% return

more ipo listed this year got the same trend.
but in the long term this company got potential, because they use around 3million+ to earn 2million+, a 70%+ profit!!

The next IRIS? lol

Hi all,

the selling pressure for this counter is slowing down, with little support at 33 sen. anyone interested to go in?

can only enter in at lower price, not this price remember, the price of ipo is just RM0.25 only.

IPO doesn't mean it won't go lower than the IPO price right?

means still got space to move down if the investors want to take profit..

15 sen can considerlah, as company has no listing track records.

some more is extremely small cap company

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Added on December 24, 2009, 12:17 amtheir shares might also face liquidity problem

This post has been edited by sjz: Dec 24 2009, 12:17 AM

this counter begins to show strong resistance at .325 and just hope that sellers are drying up ... anyone dare tyo get in this week????

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Added on January 11, 2010, 10:53 pmi totally dislike thei DONKEY !!! me losing alot. still it is not moving despite the recent paly of small cap and 3rd liners. SH@@@T !!!

This post has been edited by mikehwy: Jan 11 2010, 10:53 PM

no one monitoring this counter anymore?

The volume getting smaller...

market is losing interst on this one. always capped by very few bits upwards even when its in the top 20 most active list. maybe someone is playing short.

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Added on April 13, 2010, 12:01 amany news for this counter????

This post has been edited by mikehwy: Apr 13 2010, 12:01 AM