I think TA make a call for sell based on previous happenings whereby Asia Media announce bonus issue/free warrrants and share price plunge by alot. You can refer to Oct 2012 and Dec 2012 respectively to see the sharp price drop. There will be no exception this time, so the right question is how much will it drop after they issue the 1:1 share and free warrants.
Everyone is trying to get the free warrants and 1:1 share? I don't know. I'm still holding on to this share but just my personal opinion that price will drop because 1:1 should have diluted the share price once issued.
Shinado, offer price 0.11 for right issue, is cheap. 0.11+ market price now 0.175 / 2 = 0.1425. The market price will be adjusted, after the dilution. Please remember, you got the free warrant too.
See my earlier comments, this is the part where I say, told you guys so, wait for the volume, if you are like me and bought at that time then by now you are sitting on handsome profit. Wait for the volume to explode, it could be days it could be weeks. See it took weeks or months, because this part is not our control... you have to wait for insiders to move.. be patient... but now this stock is taking off. Mark my words it will fly soon, insiders already accumulated at .14-.15, now comes the push.. will easily hit 40-50 soon, just watch the volume.. there will be dips in between, just buy the dips.. if history is any indication just look at the chart your price target should be previous high at least! just watch :) in 3 weeks time it will be "I told you so"
1 cent pun sudah lali while raymond chang is playing...haiya...and davelee , the 'dip' u mentioned ...for today is 16 cents isn't it? but only 50,000 unit...so meaning 16.5 cents is the 'dip' today? so will there be another dip? ---- hope doesn't go to 16 cents tomorrow (meaning when it closes)...if not = not good sign ..while tomorrow is the 5th day=force selling day for 14/08/2013 where 40,398,200 units transacted, where 17 cents was the highest that day.. ----- and don't forget contra people that bought highest at 17.5 cents on 15/08/2013 and 16/08/2013 also with big volume...just don't know how many is contra players and how many are the keepers
Oh guys, please don't play contra if u don't have enough capital and you'll die on chopping board. Many insiders are buying and selling among themselves to push up the volume and price. Contra plays are dangerous, which caused force sell and drop in prices. Oh dont drop amedia.
since the day is so gloomy today.... y not give tis counter a shot especially the steam is building up in this stock :) n as sheep said...buy n keep to get the rights + free warrants
Welcome back Anbz, would you like to email me your comments that have been deleted by the admin earlier on? Curious to know the truth. My email : eznet8@me.com. Or u wanna share it again here if you can can rephrase it. Thanks a lot ya!
very good.Cina good data ,Djones expected turn green tonite.European mrkts open up green with a spike at an average 0f 0.45%.KLSE expected to rebound tommorrow.
They sure will do something to avoid price below 11. As you said, who gonna subscribe if price below 11. So, price should trade higher in order to attract trader to subscribe
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....
ethanyong
2,121 posts
Posted by ethanyong > 2013-08-14 22:27 | Report Abuse
any more details regarding this counter?