Posted by jalenheng > 2013-08-22 21:02 | Report Abuse

The target price by climb is on hsplant,not hapseng

Posted by Ooi Teik Bee > 2013-08-22 21:51 | Report Abuse

Please read the below link. Thank you.
http://klse.i3investor.com/servlets/ptg/3034.jsp

Posted by Ooi Teik Bee > 2013-08-22 22:44 | Report Abuse

Dear Mr Tan KW,
My reference price for Hapseng-WA should be 0.48. Thank you.

Posted by inwest88 > 2013-08-23 07:13 | Report Abuse

OTB, if you may understand, KW always use the previous day closing price as the reference price, not the price which you purchased. This is to ensure a level playing filed for transparency and standardization purposes.

Posted by inwest88 > 2013-08-23 10:03 | Report Abuse

KW Tan, I think you are not consistent with your reference price as you are the one who mentioned that it is based on the previous day closing or prevailing day's opening.

Posted by inwest88 > 2013-08-23 10:15 | Report Abuse

For the purpose of fairness, consistency and transparency the reference price should also be based on a certain benchmark or criteria and in this case should be on the previous day closing as the prices can fluctuate within a wide range during the trading day. It does not matter if the price purchased is lower or higher than the previous day close. Thus is this case the previous close was 51 sen and even in the event that otb bought at 53 sen, the reference price should be 51 sen. And this is basically what happened as in Pintaras as selected by kcchongnz.

Posted by inwest88 > 2013-08-23 10:37 | Report Abuse

As I said it would be preferable to let i3 set the reference price to ensure fairness to both kcchong and otb. At least there is a standard basis.

Posted by Ooi Teik Bee > 2013-08-23 12:53 |

Post removed.Why?

Posted by davors > 2013-08-23 15:15 | Report Abuse

Chill... reference watchlist only... even it reach that price doesn't mean one can buy at that price as volume varies... only a buy sell portfolio is more accurate when judging performance... 2cents...

Let's continue to share and prosper...

Posted by haikeyila > 2013-10-31 08:54 | Report Abuse

excellent analysis