Posted by richman > Oct 22, 2012 12:14 PM | Report Abuse fair value is $2.50 that should have been the IPO price bcos this astro listing is only for the Malaysian operations
i wonder was that Dali's valuation? i recall reading a blog stated 2.50! not too sure was it Dali's! guess it has influenced because it mentioned too about floating Malaysian operations only!
the day it open last friday, for experience investor, they already know that this stock cannot hold their position at RM3. that why, they push it up slightly just to sell as many as they can. buy back at cheaper price later.
Astro is just laosi ...just find the waterfish to pay their debt....hahahahaha...AStro that bad service still want cahrge high price....0 value to hold it lousy stock with low dividend pay and service
I heard some banks has proceed with margin call for those made loans to pay for IPO especially those who get the MITI allocations...most of them hutang lor....
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....
zennix85
96 posts
Posted by zennix85 > 2012-10-22 11:30 | Report Abuse
left the building and go back to push up the price?! =='