I am wondering if someone strategise to ensure that those who collected at 2.70, 2.71 last week to collect and not to dispose within T plus 4....or else will be difficult to push up price...if the price go down further all investors plus cornerstone will mampus kudasai.....Astro staff will have to work with Astro until cucu cicit to pay losses...
The IPO should be worth 2.50 and not 2.80 or even 3.00. They are greedy ma. They wanted to swallow all the wealth for themselves and spare nothing for us. 10sen par value...if 50sen or 1.00, just imagine the wealth they accumulated compared to the price during delisting, not mistaken 4.80 with par value of 50sen??? 30sen also can't spare us huh Mr Big Tycoon??? wallao!!!
Not a good day for the stock market today - not just Astro but also many others. Not much potential to make money at the moment. Sentiments are rather subdued and it's difficult to make a successful trade. Only the speculative counters seem to offer some action but not really so today. Will have to wait until things pick up a bit.
i think Many are queueing @ 2.65 just gimix...seller more than buyer... volume done at RM2.68@ 2.9 mil shares, volume done at RM2.67 @ 6.31 mil shares, volume done at RM2.66 @ 2.4 mil shares, now RM2.65 @ 141k shares....
so, be carefull..before the price drop to RM2.50.... nasi dah jadi bubur..
ongtkong, CE's ex price at 2.88 is the closest as compared to the others. But with a ratio of 8, and its current 0.045, it will need to reach 3.24 for the warrant buyer to break even. The plus here is its expiry at 28/10/13 - comfortable enough. If Astro rebounds, I think this particular CW will be sought after.
CB, CG, CI - lower selling price now for obvious reasons in that the ex prices look so far off. But, like CE, they have a lot of life in them yet due to the expiry dates with CB expiring on 30/8/13 and the other two later still. These offer possibly the most potential profits percentage-wise should Astro rebound. But you will have to be quick in riding the momentum. The problem - the high ex price, with CG at 4.18. Phew!
I'm not buying anything just yet. But I'm watching CE - if there's an upward movement, this is the one that I'm betting on. By the way, note that it isn't necessarily a "good buy"... because there are better CWs elsewhere.
slowly & steadily it will go down to 2.60, then 2.50 then 2.30 to 2.00 range (the lowest) b4 moving up from down under. Just believe me. If u want to make money, jus sell at which ever highest level u can sell, then buy back at the lowest level. This is my strategy. I bought at 3.05 sold at 2.99, & now waiting down below to buy back. Maybe my prediction is not correct. This is my 1cent opinion only, dont follow my advice.
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....
richman
10,110 posts
Posted by richman > 2012-11-05 11:42 | Report Abuse
no news lah some here just want to manipulate.if got news say so or else dont waste our time