very rare got an IPO share drop 50% and boost back the same range within short period so dont ever think of CHINA shares..even SunReit IPO RM1 and drop to RM0.88 n take about years only reach current price RM1.5+..
hahaha loll anyway just sharing my point of view maybe tml will shoot up:) cos wat i feel is no matter how good the financial report show in msia it doesnt reflect on share price straight but in USA yes u will see immediate effect example ytl super report but share drop from 1.8 to current below rm1.6..so ~~~
Hi Guys,if you ask why....think about this China Automobile Parts company is actually from a family business...so when they want to list their family business,A Kao, A Miao,uncle,aunty,sons,daughters,friends....bla bla bla all got the company shares at 10cents before listing...and Chinese New Year some more.They know Malaysian retail investors are naive,and ignorant,happily give ang pow for those family members buying their shares at high proce.They are not going to keep the shares,free money from generous Malaysians.
yes spinninglotus, these China companies come to Malaysia to be listed because they know we Malaysians traders are a stupid lot and easy prey for these Chinaman.
like my SIFU chong also said that even those really lousy companies like making shoes rubber soles [ not shoes] also want to be listed in Malaysia because they know that there's easy money to make in Malaysia...yes, that's how these Chinaman thing of us stupid Malaysians. You know that there are countless shoes soles companies in China?
"Iron balls" technique to be careful used especially for this kind of counter that can make you bankruptcy or non-stop bleeding for my past experience.
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....
ryan7642
1,998 posts
Posted by ryan7642 > 2013-02-07 12:05 | Report Abuse
better cut loss still the same words CHINA share suck in msia..