| Latest Forum Topics / SGX Last:12.65 -- |
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SGX is still a good bet!
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soloman
Master |
30-Oct-2010 18:47
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THIS SGX IS RISKY TO HOLD NOW .. IF DEAL GOES THROUGH, THE AUSSIES ALWAYS SELL THEIR SGX ... THE PRICE WILL DROP HEAVILY... THERE WILL BE MANY SHORTISI AT THAT PT DUE TO THE HUGE SHARE OVERHANG ....... |
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Juzztrade
Veteran |
30-Oct-2010 12:02
Yells: "Techincal and long term investor" |
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I am looking at $14.00 Vested heavily |
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williameng
Member |
30-Oct-2010 10:00
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In view of the current ASX saga, SGX's robust earning potential, on mid to long term, had been coloured grey by market sentiments. Let's ask: (a) Will SGX succeed in acquiring ASX? The probability is close to NIL. If so the stock price will recover fast enough; (b) But what if it succeeds in the take over bid? Then the stock price may drop and this is going to hit the speculators harder. But for those who trade for mid-long term investment, the potential returns are still attractive when the stock rebounds. By then, my bet is it will reach a high of $13.00 within next two years! |
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