OTB, if you may understand, KW always use the previous day closing price as the reference price, not the price which you purchased. This is to ensure a level playing filed for transparency and standardization purposes.
KW Tan, I think you are not consistent with your reference price as you are the one who mentioned that it is based on the previous day closing or prevailing day's opening.
For the purpose of fairness, consistency and transparency the reference price should also be based on a certain benchmark or criteria and in this case should be on the previous day closing as the prices can fluctuate within a wide range during the trading day. It does not matter if the price purchased is lower or higher than the previous day close. Thus is this case the previous close was 51 sen and even in the event that otb bought at 53 sen, the reference price should be 51 sen. And this is basically what happened as in Pintaras as selected by kcchongnz.
Chill... reference watchlist only... even it reach that price doesn't mean one can buy at that price as volume varies... only a buy sell portfolio is more accurate when judging performance... 2cents...
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3450 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jalenheng
13 posts
Posted by jalenheng > 2013-08-22 21:02 | Report Abuse
The target price by climb is on hsplant,not hapseng