I think it still possible to go down. AMEDIA price can be easy manipulated by big player since small counter. The positive sight is that strong support at 0.375-0.385. If it goes down sharply below support level then it can be a chance to buy for bonus issue.
The circular already mentioned that the fixing will be done be4 X date is announced. I suspect it will not be cheaper than 20 ct X bonus, meaning its will stay between 40 to 50 cts be4 EGM date. It won't be fixed at cheap price as it would not benefit the co. !
TA is just a small firm, no much credibility compared to big investment firms e.g. maybank. They make inconsistent calls based on different criteria. You are the one to make judgement. But, at least the sell call have impact on some investors.
forget this idiot TA as they write to suite their convenience. maybe they ask you all to sell cheap so that they can collect cheaply. then TA will write another report asking you all to buy when they had collected enough.ho ho ho
TA=Tak Adil ! So many IPOs....they recommended not to apply...& most of them got good premiums on opening ! Now Hiap Huat....they placed a fair value of 21 cents....can you beat that !
winwinwin , if TA don't frighten you all , then how is TA able to collect shares at knock down price. for some traders they believe what TA said and so cut loss and TA will be laughing when they collect, damn.
Good or bad...we still need to read them, analyse,compare & rationalise our thoughts to arrive at a better decision to buy or sell. Understanding how others think is important, sometimes we may miss out some key points that may be helpful & critical in arriving at our decisions !
EPS 1.68, Bonus issue 1:1... after bonus issue( assume no changes in Net profit... EPS=0.8x... What i want to say is, Even Rm0.30 is too expensive for Amedia. Why? 1.) Never declare any dividend from ipo till now. 2.) Its an Ace market stock, with no grow from IPO till now. Tell me why you like to invest in this company? sorry i rather invest in company that has grow even now is making loss than stock that never grow or has no intention of making any grow...
EPS 1.68 cents per quarter over par value of 10 cents is a very good earnings standard. Some bosses like to reward shareholders with dividends, in this case, it rewards shareholders with bonus shares & warrants, a very generous one as well.I would rather buy good shares that has play in it rather than good shares that has no play. Capital gains is what we are after end of the day.....we must not be restrictive but be flexible and explore all stocks that has potentials, we may not be right all the time but as long as we are happy with what we have traded, we will always end up being a satisfied trader.
ACE market counter generally not follow the main market. You can see the price shoot very high and down very low for many reasons. Since it is small counter, a slight heavy selling volumn will depress the price. I still hope the price can down below 3.75 then I will buy some.
Dear Sifu, there has been a 160 continuous buying of Amedia of l0 shares per transaction, I am puzzled at this, can anyone please clarify ,what is the purpose of just buying l0 shares, to keep up the price? tq
Amedia has been trading within 0.375 to 0.415 range in NOV. So how if we catch the bottom and dispose on the top? is this method can be materialized? Some advice please. Thanks!
160 continue buy total up only 1600 share is a very cost efficien move to attrack other to pay attension to this counter. This guy just a small player not a big player.... i aslo can do this in any penny or cent counter. imagine i already bought 100,000 at 0.38 cent my cost is Rm 38,000. I don mind to spend 0.39 X 160 lots continue buy just for few hundred ringgit to attrack other jump buy this counter which i already park to sell my 100,000 shara at 0.40 cents or even higher....
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....
sheep
3,850 posts
Posted by sheep > 2012-11-15 22:49 | Report Abuse
yea, buy low sell high...let it drop...first