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 IPO: Astro Malaysia Holdings Bhd (6399), Relisting of astro in bursa malaysia

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sarbuftaim
post Oct 22 2012, 03:45 PM

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Can we still trust the investors' house? FV 3.53 and so on!!!
sarbuftaim
post Oct 22 2012, 04:21 PM

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Big Shark buying at 2.75...150K to 500K at one time


Added on October 22, 2012, 4:24 pmJammed and Close 2.76


Added on October 22, 2012, 4:25 pmNow R1 2.76 clear, R2 2.80

This post has been edited by sarbuftaim: Oct 22 2012, 04:25 PM
sarbuftaim
post Oct 22 2012, 04:35 PM

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R2 2.80 clear. Could'nt see any bigger Resistance.
sarbuftaim
post Oct 22 2012, 04:49 PM

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QUOTE(sarbuftaim @ Oct 22 2012, 04:21 PM)
Big Shark buying at 2.75...150K to 500K at one time


Added on October 22, 2012, 4:24 pmJammed and Close 2.76


Added on October 22, 2012, 4:25 pmNow R1 2.76 clear, R2 2.80
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OK Jammed at 2.77 now.

sarbuftaim
post Oct 22 2012, 05:02 PM

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Phooh. sweat.gif What's going to happen 2moro? another 20 sen down? OMG icon_question.gif
sarbuftaim
post Oct 22 2012, 09:30 PM

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QUOTE(zitis @ Oct 22 2012, 08:59 PM)
At this moment, crying also no point..... Just pray for the best! Need to be strong... Pray, pray, pray...
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Hi All, need to be strong mean all of us has to hold on to the shares. DON'T sell, then the syndicate cannot force down the price. No panic selling. We have to work together.


Added on October 22, 2012, 9:35 pmASTRO is laughing at us. They are playing a movie call "Anacondas Trail of Blood" tonight/morning at 01:10 am.


Added on October 22, 2012, 9:36 pmChannel 413/433


This post has been edited by sarbuftaim: Oct 22 2012, 09:36 PM
sarbuftaim
post Oct 22 2012, 09:56 PM

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QUOTE(H86 @ Oct 22 2012, 09:53 PM)
Astro price from the beginning was already too expensive. How can a low growth potential stock being traded at more than 30PE?
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Yes, I agree with you. But how come SC approves it...they must have seen other factors too. MITI also approves. Eventhough it is already expensive then it should be hovering around 3.00. Just see DSONIC, IPO 2.00 (quite high already) now around 2.01/2.02. Lowest is around 1.96 only
sarbuftaim
post Oct 22 2012, 10:09 PM

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QUOTE(PhakFuhZai @ Oct 22 2012, 10:00 PM)
the ones who curse the most should be their staffs, coz staffs be allocated shares without applying, now kena ripped off by own company, got bonus also cant make up for the losses
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I really pity them. Most of them are not so familiar with share market. I believe Zitis that there is a syndicate trying to make a mockery out of this. The price should not have been down by 23 sen and yet to know what happen 2moro and the day after (till force selling day). I don't have that much but I will hold it until it is above IPO.


Added on October 22, 2012, 10:11 pm
QUOTE(cckiong @ Oct 22 2012, 10:09 PM)
what the price might be tomorrow? up or down?
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I am sorry to say..only GOD knows.

This post has been edited by sarbuftaim: Oct 22 2012, 10:11 PM
sarbuftaim
post Oct 22 2012, 10:15 PM

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QUOTE(xuexueli @ Oct 22 2012, 10:12 PM)
the freefall to be continue tomorrow... sad.gif
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If everyone change their strategy from hit and run to mid term, then this may not happen.
sarbuftaim
post Oct 22 2012, 10:40 PM

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QUOTE(Manso55 @ Oct 22 2012, 10:36 PM)
Cornerstone investors do not hv lock up period....meaning they also can sell?hence the freefalling of 7 % price of astro shares today...
The edge report on astro shares
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Are they cornerstone or just institutional investors. Cornerstone normally have lock in period. Maybe they are just institutional investors.
sarbuftaim
post Oct 22 2012, 11:00 PM

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Be careful
sarbuftaim
post Oct 22 2012, 11:05 PM

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QUOTE(zitis @ Oct 22 2012, 10:57 PM)
I wonder who is the big boys do selling Q on listing day at 2.80 and even at 2.68... Very big amount of shares... Maybe they hv it under 2.60 or at 2.50... No body buy at 3 then Q to sell at 2.80... Hermmmm.... Why there is no announcement yet! Need to know who is the big boy behind it.... Burning moment!
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SC Call.
sarbuftaim
post Oct 23 2012, 09:13 AM

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QUOTE(xuexueli @ Oct 23 2012, 09:04 AM)
down...down... it goes...

where is the bottom,???

nobody knows....

tongue.gif
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This morning looks a bit better. Ratio buyer: seller is 2:1. Strong support at the moment is 2.70.

sarbuftaim
post Oct 23 2012, 09:35 AM

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QUOTE(imakid @ Oct 23 2012, 09:32 AM)
How did you check?
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What I can see is Q at 2.70 = 22,700
sarbuftaim
post Oct 23 2012, 09:39 AM

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Buyer : seller 1:1
Small Support 2.70 Q= 24,800, 324 people
Small Resistance 2.75 Q =28,400 61 people
sarbuftaim
post Oct 23 2012, 09:50 AM

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QUOTE(zamans98 @ Oct 23 2012, 09:44 AM)
don't look good, seller outpaced buyers. So 265 me think.
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Dont think so. seller 14.8 million, buyer 15.1. Closing around 2.77
sarbuftaim
post Oct 23 2012, 10:11 AM

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QUOTE(zamans98 @ Oct 23 2012, 09:54 AM)
OK, so why don't you buy now at 2.70 and later u sell it back (CONTRA) at 2.77? Ada brani ka?
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I am not challenging anybody or would like to be a hero, but only telling what I observe from the Bursa Saham screen. Trying to help those who are working and not able to see what actually happen now.

Buyer 19.8 million, Seller 9.4 million

Buy Q at 2.70, 36,600 452 people

sarbuftaim
post Oct 23 2012, 10:14 AM

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I feel it will be lingering around 2.70 to 2.75 for the morning session..That is only my opinion. I am not an expert. I feel you are trying to scare the forumers to sell.
sarbuftaim
post Oct 23 2012, 10:28 AM

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Hi All, I am quite new in this forum, only a couple of months. I believe this forum is for us to help each other, sharing information and opinion. It is not to fight or challenge each other and to show who is the winner or a better investors, and also use it as a personal interest, especially to scare people to sell/panic sell in order for them to buy.

Please, someone say that what I feel is right.
sarbuftaim
post Oct 23 2012, 10:31 AM

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QUOTE(imakid @ Oct 23 2012, 10:30 AM)
I think you should STFU and contribute instead.
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Thanks. I agree with you.

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