I've bought some sime-cr and thinking about also buying E&O to hedge. This matter about the mandatory general offer thing will positively affect one or the other. If it's not good for Sime, then E&O will go up. When taking sides, it's better to take BOTH sides:-)
Jose, even though i not posting here that often but i also monitor E&O. can trade E&O technically but to buy and wait for MGO, i think is dangerous. the last report in August after the limit up from bursa is Sime no need MGO for the rest of small shareholders already very clear on it ?
Btw when Mgmt declare they want to trade during close period, they alredi got a feel of the resullts.....if you know result is bad would you wait for close period to dump your shares ....:)
Again I think I understand Batman when he say ppl are encroaching the shares with false insider info.....which is making the share fluctuate terribly ...
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....
passerby
2,877 posts
Posted by passerby > 2012-10-29 11:54 | Report Abuse
follow batman & russ, you'll be on safe side
follow me, anytime you can go Holland :)