No force selling for Astro staffs at the moment, the management work out some plan with the banker which gave them additional time around +\- a month but the price has to stay above 2.60....
my second round at Astro , last week bought @ 2.81 & @ 2.76 ; & sold all @ 2.90 .... just now bought again 2.75 .... see how it goes ... additional queueing 2.70 , 2.65 , 2.60 ..... hmmmm
But still my friend who works in Astro are damn stressed up, who won't! In any employment, you wait for this kind of opportunity to be rewarded on your loyalty and dedication... In our current world, Loyalty are meant for dog though!
TAGB is another company that staffs complained about the IPO. Offered at 50sen, upon listing, it stayed briefly above 50sen and now it is half price. Many staff lost money then.
no point to wait. very high PE ratio, price below IPO now (in loss), KLSE historical high, GE, weak global economic sentiment.....too high the risk for putting money IN! There are better counter out there than this....
fzank, u must hv unlimited RM lah. If i m doing what u did just now, i will b sucked dry, pokkai... good luck to u. I hope Astro staff will b forced sell below rm2.60 so that i can buy at rm2.00. I will wait, wait & wait.
saufi74, that's true. Everyone wants to make a profit, and wants to buy low. But wishing for others to suffer just so we can do so is insensitive and uncalled for. We should take into consideration of others' feelings when writing.
AK will not do anything to help. If AK wants to help, he shall in the 1st place fixed Astro IPO price at lower PE price. What kind of creature AK is??? human or pontianak who sucks money instead of blood.
B4 the tech bubble burst analyst too gave sky high valuation to tech stocks by justifying so-called potential future earnings. This modus operandi of cheating investors' monies is still usable today one a once in a while basis. Whatever stock you buy do exercise a certain degree of caveat emptor (buyers beware !)
Wow, u remind me of... If Facebook could drop to half the initial price, then will the fate of Astro be the same? Imagine half price. Cheap sale. I hope history will not repeat itself in Msia. Only time will tell.
PENDING TECHNICAL REBOUND. This their tactics! Fact: If they know how to strategize the EPL right through South East Asia & Asia, who do you think they are?
Don't worry lah..AS once said, "I'll be back"..hoho..well,. US is in trouble at the moment..their stock market has been closed for 3 days due to storm..sad..and some money might join us down here...when their market is back to usual business...some hot money will leave ehh? Oppa KL style will drop ??? watch out
fzank ---- This is "NOT your TIME yet" ----- That's y we call it KARMA!!! Everything in Life has its cause and effect ....... maybe your patience will earn the lost fortune in due course .....
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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....
kltan
143 posts
Posted by kltan > 2012-10-30 15:51 | Report Abuse
Malaysia version of Facebook IPO