I tot when mother goes down, LA - loan goes up. Apparently, what happened just now was beyond logic.
And the whole world is watching it live! Who dares to touch iretex shares in the future, if tomorrow no rebounce. ( and I tot only China based counters are like that.... )
L&G LA traded below mother share after conversion done, that moment L&G mother was 0.37 LA 0.21 conversion price is 0.13, but now L&G price is 0.55...0.56
Flybird, why game over? pardon me ( I didn't follow this share closely enough) but this share is kinda new isn't it? And the WA & LA r definitely brand new! what an indecent way to slaughter investors!
Old fox, there r enuf gems to go round, dun worry. Kikikik.. Just make sure u have cash ready n dun play contra. And it'd b a real gem only IF mother stays above conversion price. That's why I asked if mother has real potential. I prefer to invest rather than punt 4 days. Market is sooo sluggish, have u guys noticed? And Raya is near... no logic oso...
Cweed, this is my 2nd round for LA. Already prepare enough cash for my CNY. haha. Like flybird opinion 0.05 = 0.40 mother share , if LA drop to 0.05, can mother share drop become 0.40. if not, LA around 0.06 - 0.07 , I think is time to collect gem.
Old fox, seem like your are smart player in loan stock, what do you think YTL LA at present price. Will you invest now ? I keep an eye for YTL LA quiet some times...what is your opinion ?
I didn't set target price for iretex. i just base on calculation , which iretex la below 6 are not so realistic. My 1st round iretex LA also base on calculation only. hahaha But my sam n lng is base on profit, n price very low that time.
If today's volume was due to unloading of major shareholders ( looks like, because it was too BIG), then the good prospect of IRETEX-LA of being a "non-burnt" has gone, means the mother share will eventually stay below 60 cents for long, then the IRETEX-LA will remain as ICULS only.DON NOT BUY ANY IRETEX-LA yet ,until the announcement by the major shareholders are out !
We don't always let the convert price control us. BIg Shark always play on the conversation price. As we know, iretex wa convert price 0.80, today price 0.15. Base on calculation, isn't .15 is fair price for wa? if today 0.15 was a fair price for WA, that mean 0.07 is fair price for LA? Today Huge volume for LA, how about mother and WA? HAHA Buy n keep gem.
cytew, if like u say, today's volume looks like unloading of major holder. Y major shareholder don't unload around 0.15, want unload 0.07? or they unload some from .10, .09 , .08, .07 .06 and buy more in 0.05. hahaha
Aiya! If old fox dunno, who knows! Kikiki! Got good opportunity signal me, ok! (hope I read on time... Sometimes, I read hours/ days later! ) Kikikik...
Please refer to major shareholders' announcement, major shareholders Tey Por Yee and Ooi Kock Aun have unloaded all their iretex-wa , means all the warrants will be "burnt" when come to expiration, you peoples better go and understand who are Tey Por Yee and ooi Kock Aun before you buy any IRETEX-LA.
B4 even I finish my research/ reading, morning comes. Then bursa buka, then LA continue to slide,then I just stand n stare dunno 2 jump in or not! Kikikik... Tell la in a few short sentences, cytew, these ppl ok or not? Not so good, I can choose other ctrs mah.... ;)
only logical reason is some big player kalah judi bola and sell down big lots of IRETEX-LA, others big taiko such as Ayam Tua noted this, join in the game and press down more
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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....
Tom
228 posts
Posted by Tom > 2014-07-10 18:15 | Report Abuse
clearly wilkinsonyeo is one of the syndicates