My Trading Adventure

Astro ... worth applying for IPO?

CP TEH
Publish date: Mon, 22 Oct 2012, 04:47 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
It is Monday ... KLCI in red but not deep enough.

TWS : I asked my collegue to call his friend(the one came to me last-last Sunday and finally joining my cohort-9) to sell his TWS. He bought at RM6.50 levels too after hearing my reasons why I bought and asked the whole group to buy at RM6.40. Today at RM7.50 now, in red already ... after a strong surge to RM7.90!! Then, I asked him to buy XXX ... and suprisingly, he bought it too. wow.

Well, he already gained enough to pay for his fees! That is one good trade.

This is what I want to make sure ... our tratles do not lose money but to gain back the small fees they paid me and they gained KNOWLEDGE and ... slowly gaining EXPERIENCES in trading. Otherwise, these newbies will never actually know how market works.

But, today's show is not TWS ... it will slowly going down from here ... and suddenly it is over-valued stocks again at RM7? Today ... we watch Astor. Jom ...

Day 1 ... Astro went to 3.10, from the RM3 IPO-price. As I am writing, Astro at RM2.75, touched 2.73. Will you buy Astro at discounted price now? If you got IPO, were you happy last Friday, only to curse or going into depression ... as you put all your bet on the sure-win IPO? Well, remembering how IHH, FGV and those IPO .... you were certain that this one will fly 10-20%, at least. Over-valued? Well ...

Time to take a nap ... zzz ... and will try to write again later.

TEH
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Discussions
2 people like this. Showing 9 of 9 comments

tky1027

let's pray..

2012-10-22 18:01

lotsofmoney

I will buy Astro at RM 1.50. Remember Facebook ?

2012-10-23 09:01

tiekyu

Better don't buy Astro. I don't like it.

2012-10-23 09:09

Bang Teh

3.25 by friday...margin call exercise provision by the 2 main bankers should be over soon..no more panic selling...cheers...

2012-10-23 09:09

mcd123

I didn't know that there is no lock-up period for Astro Cornerstone Investor.Now got stuck with it. Gonna ask Astro for discount on monthly subscription , to offset my losses.Damn

2012-10-23 09:26

ongtkong

if no discount, can terminate the subscription

2012-10-23 09:37

HarryChin

EPF may come in next few days?

2012-10-23 10:45

HarryChin

price on 2.70

2012-10-23 10:46

hw0706

any reason why EPF shall be buying. Maybe there are the one who is throwing.anything can one in malaysian IPO.

2012-10-23 10:48

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