under construction wont be materialized so soon...
thus no immediate impact on IGB reits.
And lets hope for M&A completed retail mall, immediately can see share price impacted.

Very soon will drop to 1.30 lousy reit

so a 'good' REIT is define via its price ?

Up all the way = good

and down = lousy?

wander how averaging price works...
bought 2k @ 1.37
bought 2k @ 1.33

but avg up become 1.36, shouldnt it be 1.35 instead?

Do you include the broker fee + clearing fee + stamp duty?

You using //klse.i3investor.com ?

1.35 is correct. [(2000x1.37 + 2000x1.33)]/4 = 1.35
how do u get 1.36? if breakeven price is 1.36 then is fair.

opps ! my bad... previously was 1.39

should be:-

bought 2k @ 1.39
bought 2k @ 1.33

now 1.36

too much counting... till blur lol

and it does not include the broker fee + clearing fee + stamp duty

wow.. now 1.31.. continue to drop....

anyone care to explain to me what's been happening to IGB, the last price I saw 1.4. Been all the south lately @@

You may followup from here

http://forum.lowyat.net/topic/2460815/+1460


Private Placement selling their portion. Cost of private placement @1.28 for IGBreit. The volume transacted also rise.

ah thanks!

Aww exciting!

Looks like 1.30 is achieveable, 1.28 need some fishing skill.

what kind of fishing skill using @1.28?


panasonic shld i follow your bait at @1.28 or @ 1.30 ???

I bought it at RM1.37!!! Should have waited...

Since I have stock in hand now, no need to be kiasu liao, I shall try the fishing skill by placing bait at 1.28.

Hi bryan5073;

You bought during the listing day? I get the same as u. Now averge down.

No one can know it can go down.

Like this?




Baiting skills

This post has been edited by CP88: Oct 30 2012, 01:13 PM

Buy @ 1.31 keep in the fridge, check 2 years later. Profit.

I didnt buy it on listing day; I just bought it last week coz that time the price was slowly dropping and I thought it would drop a little only for it to bounce back and then it would continue to rally all the way till RM1.80 or more!!!
BUT INSTEAD, it drops till 1.31 pula now!!!

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Added on October 30, 2012, 1:11 pmHope fully my RM1.37 can do this too...

This post has been edited by bryan5073: Oct 30 2012, 01:11 PM

[quote=bryan5073,Oct 30 2012, 01:10 PM]
I didnt buy it on listing day; I just bought it last week coz that time the price was slowly dropping and I thought it would drop a little only for it to bounce back and then it would continue to rally all the way till RM1.80 or more!!!
BUT INSTEAD, it drops till 1.31 pula now!!!


Hi bryan5073;

No worry - dividend will declare with 2 month financial closing 31/12/2012. get ready for the ANG POW.
I throw my big net on listing day; $$$$
Now have to use pocket money to bait.