Shit...its going downwards again. Too big a gap between our purchased price and current makes it harder to recover back investment even with it rising later. Really regret I bought 2nd batch at 2.66 straight when I received sufficient fund. Should have waited till they release report since we all know its going to be bad. Then can collect cheaper and avg down instead of up with my 2nd purchase.
In reality tho, I should not have even worry since I'm not targeting short term trade, so even if it rise above RM3 in near future, not going to sell. But still if price drop too low away from my purchasing price........
Guys ~ Dont panic ~ If not mistaken ~ The Boss average enter the price at RM2.75 few million shares... Always remember "SELL IN MAY & GO AWAY" ~ NOT only IOIP ~Other counter drop too ~~~ But for me ~~ Lets "BUY IN MAY & HOLD A YEAR" Good Luck !
EPF is accumulating ...9.69% at 23/5 Status Of EFP Holding: 22 jan. 9.21% 13 Feb 9.41% 12. Mar. 9.42% 27 mar 9.41% 8. Apr. 9.38% 25 apr. 9.48% 14 May 9.57% So, patient will produce fruitful result!
Hello, 先家lin来了. Relax la.... U son won't have the chance to heir IOIPG. Common sense, brothers! EPF keep buying. U think EPF will keep for next generation ka? Next month or so start selling lo. Will up soon....
I believe the downside risk is limited. If rock_trader is believed it will remove from FMBKLCI then the only possible reason is privatization due to share is much undervalue! When you read more on how Tan Sri Lee Shin Chen dealing his business, then you know your investment will get rewarded in long term.
Unfortunately its true, its likely to be remove from FMBKLCI as the market cap is position at 46 or 48 out of top 50. The lowest FMBKLCI requirement is at 36 out of top 50. So it will definitely be drop.
Unless you want to cut loss. If you can hold this for long term, ie at least a couple of years, its not an issue yet. When I buy into this counter, I'm prepared to hold it for a minimum of 2 years and above. Tot I'm buying it low liao...turned out can go even lower. Property market will surely recover in future....just don't know when yet. I'm betting on that on long term basis. For short term trade, I would prefer to wait for catalyst to bring it up then sell....since current quarter report is pretty bad vs last year quarter, you will be selling while its at its lowest...or not.
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Goldenpointer
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Posted by Goldenpointer > 2014-05-28 15:33 | Report Abuse
ipo ref price 2.51, expecting strong support at 2.51