Bought EcoWorld at 1.85 on 03 Apr 2015. Have been holding for almost 2 years and its price never go up back to 1.85. Lost hope in this counter. How it can perform better than SP Setia? Its management talk only but fail to perform as what they said.
Richienexus-sorry for ur paperloss..so far management did walk their talk..according to its annual report,they did reach the target sales for 2016..hopefully this year it can rebound to its peak and u will gain profit..all the best
AGREED IPO ENTITLEMENT UNCERTAIN ON RATIO. ACTUAL ALLOYMENT MAY NOT BE ATTRACTIVE. MOREOVER MOST OF THE BIG GUNS WHO WISH TO APPLY FOR ECOWLD I SHARES VIA ENYITLEMENTS HAD ALREADY BOUGHT BY NOW. HENCE DEMAND FOR ECOWLD SHARES LIKELY TO WEAKEN FURTHER NEXT FEW DAYS ESP AFTER EX RNTITLEMENT DATE. MORE PROFIT TAKING SELLING PRESSURR EXPECTED
It is very obvious that seller is purposely throw down the price..if you observe this counter today, you can see that buyers are not weak also, since they are willing to grab so many at 1.48, 1.49 or above...but at the last minute, seller throw and push down the price...dunno why!?
Hopeless stock. I sold out all and better move my fund to other stocks. Otherwise, looking at ppl making big profit in other stocks but I am not if I'm still holding on to EcoWld.
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....
keyin
2,150 posts
Posted by keyin > 2017-02-22 15:29 | Report Abuse
How to apply ewi IPO?