Practice Makes Perfect

Kencana + SapuraCrest Merger Update (19-Sep-2011)

Chin Kok Tan
Publish date: Mon, 19 Sep 2011, 07:49 PM
Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Wao! Big drop for Kencana today. Feel kind of lucky as I manage to sell it in the morning at 2.68 for a very small tiny profit (those I bought last week). Kencana closed at 2.56. Let's see if there is any opportunity to accumulate it at 2.50 tomorrow.









CK>> Acted too fast. Bought Sapura Crest at 3.95. I should be more patience and use those $$$ to accumulate Kencana as it is now giving more potential first leg gain if merger exercise is successfully get thru~ Who knows? Only heaven knows~ I really don't know, so just grab at the price which I feel reasonable & profitable.

How confidence am I about this Kencana + Sapura Crest merger? I really don't know... A long long long way to go~ Perhaps another 6-9 months time still! Be patience~ Buy low sell high on those stocks under merger & take-over exercise. Sound easy and simple? But in fact nope~
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