
In Feb the company announce that it may have 1 for 1 bonus issue but it's not in the agenda of the AGM on 27 April (if I am not wrong). Does anyone know about it?
Fibrechen doesn't show much bullish signs now. Acc/Dist and Chaikin both downtrending.
CIMB TP is S$2.93
Anyone knows the target price of this share?
yup.. it was upgraded by CIMB last Friday and this counter is playing catch up with other fibre listed companies like sinotech fibre..
Glad I collected this at 1.9+...
woa...a... this baby is shoot up man

On an uptrend... Acc/Dist and Chaikin all uptrending
just a reminder to folks, this one is ok man...!!!

Fundamentally good stocks like this one have been oversold. Market also forced further down due to margin calls
personally i would hang on... the current drop is more to do with sentiments re a chinese stock and because of overall market correction following dow jones "crash".. but I think this stock has FA value and should go up when SGX settles...
Thanks jackjames for the reply. I bought since the target is raised for this counter, but since then its been falling and falling as you say, pple taking profits and run. Time for me to cut my loss.
waa.. maxliukt, you bought really at the TOP...
When correction comes, this kind of "stock" will tumble easily, because many people "earn enough" and just want to throw and make sure they keep the money in the pocket..
I bought it at 2.13.:(
its dropping like a rock since. down 11.15% liao.
Time to cut losses? any seniors can advice? Thanks
its dropping like a rock since. down 11.15% liao.
Time to cut losses? any seniors can advice? Thanks
what is now happening with this stock... up to 2.14 then close at 2.08... will it go up some more ?
It rose to a new high as a block trade prompted further buying interest. The block trade, or married deal, took place at 9.49 am and consisted of 24.8 million shares - or about 6% of the company - at $1.90 each, according to Reuters data.
One dealer from a regional brokerage said the large volume indicated that an institutional investor may have bought the shares.
i realise that my reading at usually earlier by a few days... just like this counter
This one looks to be uptrending gradually.
Highly probable to do the cheong thing. But may be too late to enter at last closing price.
Any TA gurus want to comment this? Is it too late to enter now? It is hitting new high ....