Runaway Share Price Unjustified

Date: 
2011-11-30
Firm: 
OSK
Stock: 
Price Target: 
0.41
Price Call: 
SELL
Last Price: 
0.365
Upside/Downside: 
+0.045 (12.33%)

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Discussions
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pinewood

AVOID THIS OSK ADVICE. Must be the warrants expiring in Feb 2012 so OSK need to push negative sentiment to push price down so don't need to payout.

JCY will be higher then 1 RM before CNY. Already verified by CIMB.

"CIMB channel checks confirmed that Western Digital (WD) had booked JCY's capacity even though WD's volume will be down significantly.CIMB Research said its industry contacts indicate that WD has diverted most of its orders to JCY. JCY is also getting more enquiries from Seagate" (http://klse.i3investor.com/servlets/ptres/5516.jsp)

2011-12-03 18:29

tptan45

Don't be too sure. We just took a glance at the figures and know that this stock is out of our buy list.

2011-12-04 09:52

pinewood

I assume you are from OSK. Why would anyone believe what you have to say when you have a vested interest in seeing the share price go down. Conflict of interest perhaps?

2011-12-04 14:02

stephenlee

Gone are the heydays of OSK. Wasting time in buying a bank when Bank Negara rules stated that the MD or CEO of the newly acquired bank must have a number of years working in a senior managment of the bank.

2011-12-04 18:13

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