@jerry, i am asking about private placemnet at certain price, which is at a 5 days average before a price fixing date. What is the price fixing date in case of daya? It is over already , from date of announcement?
Alox you mean private placement? Haha not qualified to buy. If you mean buy this share to invest for long term. Any price. If for trade, i dun suggest to buy now cause i may leave soon
UUsually i sell. Cause profit more than 10%. But i choose to bet this time. If lose maybe d only chance to unlock is report releasing date. They hv sold many tresury shares. Profit expected increased by 2-3 mils.
MD & CEO wants to make Daya a 1B company in the next few years.i.e 1B/123M=$0.80 share. Private placement likely given to approved bumi institutions. hence should get as high a price as posssible, to be fair to existing shareholders.Hope go up for the next 4 days & then fixed the private placement price.
wildkid, now Daya facing a great challenge ahead. It's just a bet if you hold it, if it passes through and stay above it for few days i can expect it to have a super rally later but if failed it will dropped back. Wanna bet or not? Decide it yourself, dont ask people.
if they want to play they will down the price to get lower private placement unit amount inorder for them to play back again the market...maybe tomorrow will down again ...time to accumulate
Bobby, if no mistake private placement shareholders not allowed to trade the shares in d market. They hv to be long term investors. Seeking correction if wrong.
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....
Christopher Tan
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Posted by Christopher Tan > 2013-10-22 11:24 | Report Abuse
Jerry...Daya needs to be cleaned up abit....it will become a gemstone. Let's climb up Daya ! Let's concentrate on our own investing strategy.