This asshtrow is sure a gone stock, it will never touch RM3 ever again unless its business model change. From the first day, the intention is to hype up the over price IPO and sell it all the way down after IPO to exit from this business. Of course such scheme can only be achieve by ganging up with SC, investment banks, auditors and the authorities. After the employees lock up period, everyone will exit but of course now the mgmt have to first by token keep the stock price stable so they too can exit comfortably.....
It is interesting to hear remarks about this 'bad' counter astro.To me rather funny when UOA ipo was not condemned.The promising developer share with 5 cts par value escaped unhurt despite its share 40% down.Investors and players took it in silence mourning.maybe asstrow we feel much closer at home.
These days, the authorities are so corrupt that they give into corporate greed until the whole ecosystem gang up to rip off the public. From E&O scandal till this rubbish stock, that's the trend. With UOA, they buffered up to 50% pricing to cheat, so how much did they buffered assthrow to exit? Calculate it yourself....
Mmm..what's up news of bumi miti financing and astro staff share financing? I heard that they have to top up margin call.Pity..This Astro case should be a lesson to us. But we as usual MUDAH LUPA..Smile--)
When come to cheating, where got care employee or bumi investor. The only one gains are the corrupt gov officials, since if get caught, just retire and pocket the money lah.
Those fools who subscribed or bought this stock obviously been cheated. Don't be stupid to think the listing exercise was transparent and corruption free.
Obviously weve been cheated but dont call us fools la bro...its our money and we are the one responsible for it...informed or ignorance, one should know the risk b4 dive in the stock market
Lets go to Malakoff soon.A good fortune teller will tell and anticipate what will happen.A bad fortune teller will boringly elaborate what already happened and make all sorts of accusations.
Don't be fool again for being timid and afraid to voice out what is right. Corporate governance is very poor with enforcement officers abusing their position and the public investor just swallow all this silently and were told to blame themselves. Bro, be brave and accept the fact and wake up to your rights. Unfortunately these people must be told they're fools, otherwise they don't wake up.
Brother, its your fingers to key in the buy call, its your mouth that told the remiser to buy. Why you still say they cheat you? Have you study it's business performance before buy? Have you ever think why they wanna get it listed if its profitable? I only know, good company will be privatised and avoid to get listed. unless they need lot lot fund to expand... Now tell me why you buy astro? Their future? Dividend? Shouting and say they cheat you seems like you cant afford to lose, brother... sincerely, if you cant afford to lose, dont buy gambling counter... buy counter like YTL, Hapseng, or those counter very active in buying back its own share or high dividend counter like reit :D...
Bro, does SEC enforcement officers relatives go around trading until the public knows about it then go into retirement to enjoy the loot? Please wake up and don't get fool.
After leaving to enjoy the loot, the whole rotten ecosystem in the enforcement system is left intact so those who haven't loot enough can continue to do so as there're plenty of FOOLs to go around before they wake up. After uoa, then assthrow, next one is coming, don't miss it....
Bro, what you know about FB listing. Already there're lawsuit, investigation flying around against Morgan Stanley and others. Unlike the FOOLs here, they're not going to silently swallow and blame themselves while others going plundering around. After uoass, asstrhrow those investors are not only FOOLs but are COWARDYs too.
Come on bro, what you say now ar? Fact is those assthrow investors are fools and they deserve to be cheated. When others corrupt, you keep quiet and worst got cheated also don't know....
Facebook and AStro is the same . Overpriced IPOs. We cannot say it was happened in USA so it should happened also here. As I wrote previously the price of IPO should be regulated by SC. Ten years ago it was regulated but why now it is not. Somebody suggested the company's business must be studied first before applying IPO. If you read IPO's prospectus at least you can get some idea 3.00 is overprice. But how many of those 57,000 plus applicants read the prospectus. So the sc as the regulator should play a role to protect those small investors from excessive IPO price. I dare to say that astro IPO is tipu....tipu those small investors who know nothing about profit and loss and also PE. They apply because they thought they can reach for the star...but at the end........got murdered.
U will surprise to know that it is the one with knowledge and knowing well it is expensive that applied in a big way,despite analyst are rather reserved in their recommendations except for TA at 353 (though no recommendation).people take for granted the counter can give 20 ct upon listing thus can get out.The simple clue is Miti portion is very big at 600 mil.shares and par value 10ct.I am a Rem. at Shah Alam and very few ordinary customer apply and they ask for 2 or 3 lots only.The one with money and even I.T conversant went for 100-200 lots.They can take it! even among rem.also some apply few hundred lots.
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....
minitrader
2,273 posts
Posted by minitrader > 2012-11-20 11:22 | Report Abuse
both la bro...hehehe