QUOTE(ncm1903 @ Oct 24 2012, 11:18 AM)
guys guys
it is happening. OSK and ECM Libra had targeted ASXXX to be 3.37 and 3.09 respectively.
buy buy buy !
Do they give any time line....1 week? 1month? 1 year? Yesterday there were transactions at 2.72 with big amount at one time. They must have bought it. Today, if not because of the Ananda USD250M story in S'pore, there could still be war at 2.70 or even lower. Now since there is quite a number of +ve news, they have no choice so, they try to put higher target price so that people start buying in order for them to start selling. The Broker house say BUY, because they have accumulated enough and want to SELL. They shouted (recommend) SELL because they want to BUY CHEAP. This is the game.
Where are they and why they are quiet since last Friday? What are their TP or FV before listing day (considering Ananda factor as they say)? Anyone mention 2.50 or even 2.30? 1.80 seems to be FV some says yesterday some sort telling the IPO investors as stupid.. aren't they? No IPO investors know that some cornerstone investors got the shares at discounted price 2.40 - 2.50.
Added on October 24, 2012, 12:00 pmQUOTE(goldironman @ Oct 24 2012, 11:29 AM)
why do they sell at 10 sen profit when they can easily make 30 sen? (If the price goes back to IPO price :-) ) I guess they want to play safe (?). Or is there other motivation?
They have put their own TP. 10 sen is quite sure, 30 sen is still not sure yet. There might be another Tsunami...only GOD knows.
This post has been edited by sarbuftaim: Oct 24 2012, 12:00 PM