
I believe that many investors are waiting at the sidelines, taking the cue from the directors of LMA. Once the directors perform a large buyback, many investors will hop into the bandwagon to buy in. This will defintely push the price up a lot. The recent report by Standard and Poor's strong buy is targetting the price at $0.71. But with the directors share buyback + investors buying in, it should be higher than $0.71. $0.71 seems a little conservative though.
God knows how the directors of LMA feel about LMA being battered to below its IPO price for such a long long time. LMA is a product that most need to use sooner or later, but can't perform better than products without such a "universal" base of users. Fortunately, the small daily total volumes show the confidence most investors have in the potential of LMA to perform sooner than later!!!
At the rate this topic is being "supported", think can get my "kakis" to arrange a "marriage deal" liao, hehe.
what a nonsense.
Dear Readers,
Hallo, where is all the short seller, please carry on short sell as your own believe short sell price, as such I can keep buying at even lower price!!! Please short sell all the way you can, please!!!
Hikitty... :)
I really admire your staunch sense loyalty...
but I don't mean to say it is wrong to be loyal...
Just that I mean really loyal people can lose a lot (plenty) of money while being so in the stock market.
But actually, if one is loyal till the very end, one will stand to reap great gains too.
I really admire your staunch sense loyalty...
but I don't mean to say it is wrong to be loyal...
Just that I mean really loyal people can lose a lot (plenty) of money while being so in the stock market.
But actually, if one is loyal till the very end, one will stand to reap great gains too.
The operators are"demolishing" an international brand, which alas can't perform better than most China shares (at least they are above IPO prices). The operators are not "ashamed" of themselves to head the worst performing stock to date. The worst performing China stocks have even recovered to near IPO prices.
Standard and Poor's issued an report of Strong buy with a target of $0.70.. can download sgx research website. once we see the annoucement of share buyback on sgx website , it should go up. all holders of LMA get ready for the upswing. :-) . :-) . :-).
Whatever one's view of the market or a particular stock is....
no one can really say for sure what's happening...
even with the best information-gathering systems, or fundamental analysis, at one's disposal.
So, this being the case, isn't it best to play by what you see is happening in the market ?
Based on the daily low volumes, the operators (the cycle of left hand passing to right hand) are playing game among themselves to strike fear so that weak holders may "kowtow" and sell to them. How can the daily low volumes represent the market for LMA?
There's no way for anyone to 'batter' the price down to nothingness...
But it is possible for the price to go lower or much lower than it's present price... that's
-When more people sell than buy...
Ridiculous for the operators to "play down" LMA - God knows what sort of game they are playing! In an upturn, LMA (fundamentally sound and has been profitable) got battered down, in a downturn - what happens - batter them down to "0 cts"?
cheap cheap... :)
but be careful too... :)
but be careful too... :)
SSH, Wasatch Advsior's open market purchase is a good sign
goes down not much lar ... when you buy this kind of company,
you shd know the fundamentals and the price movements.
It's already quite cheap :-)
you shd know the fundamentals and the price movements.
It's already quite cheap :-)
this stock funny lei..market down it goes up..market up it goes down..weird..
Share buy back is a big boost for the share price. Should have bought more lots this week. At current low price with the money available they should be able to withdraw more then 10% of outstanding shares. This will boost EPS.
Time to change title to "Uptrending of LMA shares"
Next quarter they may even announce interim dividend payout for 2007. Shiok
Luckily, LMA directors have the foresight to propose a share buy back scheme . Without doing so, how can they offer to buy over a distributor's shares (in Australia, if my memory is right) by offering the distributors LMA shares @ 88cts. Time for those who have been trying to push down the price of LMA shares to wake up?
hikitty is rigth..ultimately decision to buy is dependent on the directors..
well..my take is depending on their financial status..if they can afford buying 10% of the shares at IPO price they will do it..but price is determined on average of the 5 days preceding and not exceeding 105% of that..