@2.62 downside is limited. shd be able to make some profit. i guess management is supporting it at 2.60 otherwise more force-selling of staff shares will emerge
i agree with maria...please observe carefully from day one of listing..the whole thing is ochestrated...same seller..same buyer..I really feel sorry for those who took up financing for this IPO...
wait n see if it can go up to 3.10 so fast.remember cornerstone pick up at around 2.60,they will make good profitl if they can unload around 2.70.the cter need some good news to shoot up and convince players to jump in.
You guys who had bought the mother and warrants last Monday & Friday should make some money from this mild rebound. The EPL announcement is definitely positive as is being translated by the slight rise. I'm wondering how big an impetus it will give to the share price. Let's see whether the positive sentiments are sustained after lunch. This is something that's rather expected, i.e. it's just a continuation of what Astro already has. But it would have been a real disaster had it not gotten the broadcasting rights - this one would have seen its price tumbling.
After a few days of rest Astro tiger is on the prowl again after eating Tongkat Ali. Reenergized Astro will try to break above RM 2.70. Time will tell.
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....
saufi74
804 posts
Posted by saufi74 > 2012-11-12 17:06 | Report Abuse
Rely tired today...collecting for cornerstone investor...heavy selling...but well absorb....