Yes, keanfee, Astro staff holds plenty & if down some more, ASTRO STAFF GO ON STRIKE, HO HO HO. So AK got to buy more to push up the price to save the staff from losing money.haa haa haa
LETS BOYCOTT ASTRO. LOST LOTS OF MONEY ON THIS STOCK. THIS STOCK IS A SCAM. STOP ANALYSING. THEY JUST PUT U IN VAIN. AFTER IPO, LOTS OF SURPRISES CAME IN.. SUDDENLY NO HOLDING PERIOD, BALANCE SHEET NEGATIVE AND MYSTERY SELLER?? WHAT THE HELL?
What? suddenly no holding period? Kuntau where do u get that news? show me the link to that data. If no holding period, then it will drop. Luckily, i oredi sold. Make a lose, I m waiting to buyback at rm2.00. Good luck to all trader holding on to Astro. For me Astro now is rename to AssShit. AssShit oredi hit the ceiling fan, n the big pile of Shit is falling down fast. Pray hard so that AssShit turning back to Astro...
Taugeh, GPRO... okay, I'll keep a very close watch on it. Usually I don't come near this kind of speculative counter. But now I do allocate a certain percentage of the capital on the very high risk trades - from stockmarket profits. However, the total amount isn't too big - will feel the sting should I lose it but will still be able to remain in the market. With the market as it is, it seems that the penny stocks offer more potential for profits than the `quality' ones.
Whoever trading on this counter is really making money everyday. This morning could Sell at RM2.86 or RM2.85; then buyback at RM2.78 or RM2.77. Can make average 8 sen contra gains..... not bad!!
Maybe Astro announce year end bonus 5 months to all Astro staff..hahahaha. Or Datuk CEO buy back somemore. Who knows??? The first person we should blame is Malaysia Securities Commision. But I tot in USA also happen, Facebook? SO CAN We sent this Sukerberg and Anakonda to jail??
If ASTRO is OVER-Priced because their IPO listing didn't see price spiking, does that mean FGV and IHH were UNDER-Priced?? If so, the farmers in Felda should go on strike too and demand higher pricing, right??
I'm staying away from its warrants for the moment. Just looking. The higher-priced CWs look so far away as to be almost unachievable. The one with the highest volume, CG: 4.18, ratio of 5. Now at 0.03 - you'll need it to reach 4.33 on ex date just to break even. CI looks a better bet; 4.00, ratio 2, 0.03. Break even at 4.06 with ex date that is almost the same as CG. But just because it's a better bet than CG doesn't mean you should buy it.
The lowest-priced is CE (2.88) but with an 8 ratio... Good luck to you guys who already have positions. It's just a question of momentum created by the mother. A 30%-plus profit margin is always possible with CWs although it can go the other way too of course.
I've adjusted my warrants tradings a bit - now buying those that have surpassed their respective exercise prices. This is a cheaper way to try benefit from counters that one feels have potential to go up in the shorter term. But if one is a genuine punter, he'd go for the long odds like CI and wait, in the hope that *something* will happen within the duration for a sudden spike in its price.
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....
Mr Ziet Army
74 posts
Posted by Mr Ziet Army > 2012-10-29 16:48 | Report Abuse
Sell! Tsunami is coming!