Karex announced a proposed acquisition of a 100% stake in MedicalLatex (Dua) SB (MLD) from Beiersdorf AG for MYR13m. We view the acquisition positively given the strong synergistic potential with its existing operations. Maintain BUY with a revised TP of MYR3.70 (from MYR3.63, 20% upside). M&A announcement. Karex announced a proposed acquisition of MLDfrom Beiersdorf AG for a cash consideration of...
Towards around 4:30PM of trading today, I noticed someone has deliberately prevented Karex from closing higher than RM3.42. Upon touching the high of RM3.42, the price is constantly being suppressed until so much so, there were almost 35 consecutive buy transactions of 1 lot each to vent the frustration. Someone must be so disappointed with his/her inability to drive the price to close higher than RM3.42.
johny..hihihi its me selling my trading position (taking advantage from the wild fluctuations), but have been supporting it when pressed down to 3.10-3.15 recently..if it weakens again in the current sick market, i will BUY back to reload for trading.. no worries, its still bullish..still remains my core investment.. as usual, good luck to u
hi ufis, I'm sure many ppl here were caught by surprise by the recent sell down to 3.10. I'm not too bothered by it as I'm in it for the medium term horizon. Congrats to you tht u were able to take some money off the table tis afternoon. Happy trading!!!
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....
cheeseburger
2,873 posts
Posted by cheeseburger > 2015-08-10 14:21 | Report Abuse
drop to 3.00 then can start cum...