Learn and invest on this lesson of transfer to Main boards environment.Accured benefit contributions to the potential investors, the business partner, or both.
Asia media may decline if it closes below the RM0.20 support level. Liquidation can be undertaken if that happens, and supports are anticipated at RM0.16 and RM0.145. However, if it does not break below RM0.20, buying may return. Resistances are seen at RM0.22 and RM0.25 http://klse.i3investor.com/blogs/journeytowealth88/23343.jsp
I am long amedia for long term. I dun mind to add more in portfolio when it become cheaper. I am ok if it not going up in few days, weeks. Price is influence by big player. Not small player like us. This should be clear.
PART D - TRANSFER OF LISTED CORPORATION TO THE MAIN MARKET 3.09 Transfer to the Main Market (1) A corporation listed on the ACE Market may be considered for a transfer to the Main Market provided that the listed corporation meets the requirements for listing on the Main Market or such other requirements as may be imposed by the Exchange and it obtains the prior approval of the SC. (2) A listed corporation seeking a transfer to the Main Market must also comply with the relevant listing procedures and requirements as may be prescribed by the Exchange.
Yesterday's announcement just the first round of approval by SC. So,now it will be on it way to comply to the listing requirements of the Exchange before Bursa finally approves it. Then, only it will be considered as transferred to the Main Market.
Today's trading still as ACE market. Mother not moving, and son drop by 0.5 cent could be just the investors reaction. No big player spotted today.
There's still plenty of time to collect, but not advisable to collect at one-go. Opportunity may come when there are frustrated investors/contra kaki dumping the stocks. Just keep watching, patience will be rewarded. Just sharing my humble opinion and PLEASE buy and sell at your own risk.
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....
anulus81
276 posts
Posted by anulus81 > 2013-01-08 17:45 | Report Abuse
let's huat huat....