My Trading Adventure

Stock Talk : UOADev

CP TEH
Publish date: Thu, 25 Aug 2011, 12:04 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message

IPO around RM2.60, today at RM1.50 ... losing more than 40% here if one is to subscribe and hold till today. It is clearly this is a huge downtrending waterfall and it is not over just yet. The slowdown in propety market is expected in 2H11 and many broker houses will come out to downgrade the sector and this particular stock. The last time I read was the target-price still above RM2 plus.

TEH
UOADEV (5200)
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