@jenny share price is determine by investor in the trading market.. if got ppl push the price up, then it will rise very fast and otherwise. if good news out and unable to push the price up fast, then the share must be over bought becoz there is no more buyer
good $$$ in already :), don't get overwhelm until u lost your mind. THHE today denied what thestar claimed they were front runner, result to heavy selling
HIBISCS get first QA with RM168mil from IPO in nearly 2 years.........
SONA IPO raise RM550mil from investor.... 80% (RM400mil ) prepare for QA.... Reviewing QA from Angola, Africa, Middle East, Asia all top top hotspot.....
If HIBISCS price can go @1.9 from IPO 0.75..... and TP: @2.5 end year......
Think about what if SONA get QA..... Target Price @1.00? @2.00? think again...........
PS* Do correct me if i am wrong, or i think toooo much..... xD
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....
derrickinvestor
9,084 posts
Posted by derrickinvestor > 2013-09-27 09:29 | Report Abuse
@jenny, it wont affect the price but the margin of profit will be less becoz govt will haul certain % from it