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Wow, today was being dump down to 0.215 with less than 2000 lots traded. Look like going to be quite for a while before moving again.
Announced yesterday that Asian Trust Investment increases stake to 5.6% =>
http://infopub.sgx.com/FileOpen/Logistics_SubstantialShareholder_PressRelease.ashx?App=Announcement& FileID=256836
Will it able to break up to close above 0.265 (new high) today or just repeat the same as yesterday?
There is a high volume buy up this morning, is it going to charge up soon?
There is news released this morning, it setup a joint venture with intends to set up precast business in Iskandar.
http://infopub.sgx.com/FileOpen/Logistics-PreCast-PressRelease.ashx?App=Announcement& FileID=256375
Short term may has profit taking but the present price is only about 13% above IPO price, I think there is still room to move up in mid term.
...another aspect is to see when the gap up (both Logistics and A-Sonic) would be closed...?...
...Logistics experienced a shooting star last Friday... similar to A-Sonic recently...
...both encounter morning attack...and price drift lower without much support....
...will use these two cases to understand shooting star better... :-)
shooting star formation. A shooting star sends a warning of an impending top.
It is
usually not a major reversal signal. The shooting star has a small real body at the lower end of its
range with a long upper shadow. The shooting star pictorially
tells us that the market opened near its low, then strongly rallied and finally
backed off to close near the opening. In other words, that session's rally could not be sustained.
An ideal shooting
star has a real body which gaps away from the prior real body.
wee hur's dividend is much better...
want to get out of this but can not liao, haiz
I eat durian.liao...funds use to picked up more wee hur...
sg8888 ( Date: 27-Aug-2013 11:35) Posted:
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Entered @235...
This two days quit active..may be is result play and do expect some dividen as mgt promise thirty percent profit as dividen...huat la
EGM approval for expansion and diversification of group's business
Basically, share has been rising slightly. this is due to the fact that logistics has called for an EGM to discuss expansion into ASEAN and AUSTRALASIA. sounds good ..... i have been since IPO day and held on. GOOD STOCK WITH GOOD FUNDAMENTALS
slowly creeping up, vested
i will hold on till its 40 cents
Im holding on to this company, highly undervalued stock. and also they might apply for class A license to bid for higher projects this year
Invest only u prepare to hold. Logistic recently got around 110 millions.projects from hdb...total project more than 300millions and to be recorded in around.two year ...expected .eps more than 6cents in 2014...I hope..
Half year result look quit good...do expect at least 0.6cents dividen in fy result...
So many construction.and.penny stock run.like crazy...just wanna when is logistics turn ....hope.another wee hur