absolutely correct skyboyman & that's why today the sharks push down the price to kick out the weak holders while they sapu. So stay my friends and buy more if you are loaded.
We refer to the announcements dated 2 April 2012, 24 April 2012, 8 January 2013 and 30 January 2013 in relation to the Transfer Listing ("Announcements"), unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board, we are pleased to announce that Bursa Securities has, vide its letter dated 5 February 2013, approved the transfer of AMEDIA’s entire enlarged issued and paid-up share capital and warrants from the ACE Market to the Main Market of Bursa Securities, under the “Trading/Services” sector. The Transfer Listing will take effect immediately two (2) clear market days upon the issuance of the following:- (i) The prospectus or introductory document in relation to the Transfer Listing; (ii) A box advertisement of the Transfer Listing is advertised; and (iii) Announcement to Bursa Securities on the transfer date via Bursa Link. This announcement is dated 5 February 2013.
nubhan, when companies transfer to the main board they can easily get financing or funds to expand. In the main board it will command a better pricing too.
...and this, directors get better paid, just joking , haa haa haa
Not only financing. But transferred to main board will attract mutual fund and pension fund to come in. See OLD TOWN, the mutual fund (local and oversea) and pension fund come in already push the price to more than 50%.
Yes, the transfer to main board is only meaningful if earning continue. Luckily got some today. Based on my analysis,current PE for AMEDIA is 3.x The average PE in main board is 12. If we very conservative take 30% discount, amedia has potential to rise triple in a good economic environment. Good prospect for long term.
go get your Amedia & warrant WA before it's gone, still cheap to buy but further down the road, a 22 cent price is reachable...even 25 cents is a possibility in days to come.
don't worry bingo, we at chong's forum are currently on collection mode. hope it throw more lots at lower price for us to buy. this is the start of our CNY any pow
and yet another dingo sold 400 lots at half cent less, a kiasi or kiasu trader?? follow by a shark with 50 lots throw down to push down the price to collect? haa haa haa
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....
shahfar8
225 posts
Posted by shahfar8 > 2013-02-05 18:03 | Report Abuse
yeah hopefully can hit 2 cents.. huhuhu come on bebehh..