Yup been holding at 14.5 to 15 cents for weeks looks like going to break above 20 cents this month ..... lets see if my prediction is going to come true .....
Assuming they bought 15 million shares and at the time it was about 15 sen, that works out to RM 2.25 million. Hardly a pinch for a bank as big as Citigroup. Wishing everyone success.
Heard rumours too that RC and some prominent business guy buying into Focus ...... Did Nanyang mention what the reason and how much did he acquire? If it's true than it would be another harvest or Nicorp ..... the man with the golden touch buyingg????
I bought more than that during Feb ...... will hold on until it hits my target .... if Citigroup can buy last Friday around 18 or 19 cents then there must be some good fundamentals in it. Look at Harvest ...... there must be potential in the company that RC or some other investors willing to invest and grow the company. But a word of caution, know when to cut losses or take profit and don't put all your life savings in it ........ only use those spare money ....
Counter got queried accoding to some remisiers. ...... that why price pull back lhope to see counter continue momentum towards the 25 cents price this week........
Focus slow down the momentum,I think next prices next week r there.Look like RC interested in many co not only focus.this guy like to takeover other ppl co,he like oil n gas now..
from bursa, Citigroup global market ltd reduce stake in focus from high of 5.47%shares to becum not a substantial shareholder. who interested in his stake? retailer? one of major shareholders? I think the latter bcoz a lot of retailers already run away from focus when the RC news denied since 20th. so, my opinion the price wil recover next week when penny stock play is in action again. jz my opinion. anyone to share?
if shareholders interested to increase stake, my opinion, they wil start collecting at 18ct (compare to 18.5 to 23ct price range since 20th) why? bcoz retail holding in focus thinning since 21st as all cash out focus to go in Mtronic, aglobal, ingens, utopia so on. also, citigroup global market ltd is not substantial shareholder anymore (not much left to disposed of). lots of bad news and things digested already. chart show uptrend stil intact. Interesting! Any comment to share? i jz give my opinion.
and not discount possibility other businessman or even RC suddenly jump into this ship to inject oil and gas asset. last time nanyangsiangpau news mentioned that rumour n they cannot get RC to clarify his move. only focus make announcement saying RC is not placee and they dun get approach from RC. as they are businessman, far far higher business minded than us, they wil making move when we are not aware. i stil think there is something hidden... anyone to comment, pls?
why the press mention rumour say RC interested in focus? look at it carefully, why rumour not say RC interested other company? and why no body get him yet to clarify? thats y my doubt is and i think this episode no end yet. interesting!
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Posted by chang21 > 2012-02-13 11:58 | Report Abuse
Market rumours shares will fly this month. Lets see. Bought mine last week.