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would the fall in rubber prices help this stock?
teeth53 spot on
shortise stay away
R.Stone, sort of none speculative in nature. A last minutes push up by half a cent, with 575 lots traded just B4 and after 5pm closing time. It closed unchanged at $0.315 cents. Today starting after 5pm, it seen to be px stablisation action given the vol readed is not in great demand.
Just for your info big boy coming in tomorrow to stable px to new high shortise beware, my guess closing at 0.35
shortise please keep away from this counter
The news from ftanhc1973 is very accurate and it is inching up to closed at 0.315c.
going down with vol. not good!
I think it is coming down !
"Riverstone IPO"
Heard the big boy are coming in this afternoon to pick up some goodie.
Bought 10 lots at 0.305 just in case.
good luck
Hi, SavvysamYeo. Look like another slow moving forward lookling counter, got quite a few strong Institutions supporter around, guess price may hovering around 5c to 8c above water, sort of none speculative in nature, it mean a dull stock, just like K1, it will mean it mkt price can be quite stable above water. Unoffical grey 7c.
Hi, teeth53. Yes Riverstone is well supported by Institutions and has good fundamentals. Despite the morning fall of the STI it has opened significantly above water and is now undergoing instittional acumulation. I agree that it will close around 36c - strong support being formed at 33c to 34c now. Good luck.
Tested 345c / 35c now, shortise beware, my guess closing at 365c (5pm)
Opening up at grey px of $0.32c, still at about 32c, look like they is nothing for ppl to short. likely this is for vested boys to move to next level.
Seems no one talk much about this IPO !!!
As juices, if not better then Sitra closing px of $0.36cents. not even a chances with this stock (no lucky star for me) public offers,100X over subscribed + placement = 8.2 times over subscribed
Balloting Ratio Range lots applied
25:99 (4 lots) 100 to 499
28:99 (5lots) 500 to 999
40:99 (7 lots) above 1 mil
Don worry untill worry worry come, kopi $ come, coming liao oni for lucky customers.
Hope this stock will up to 36c
Thanks zhuge_liang for the reply. Hope to get some kopi $ for this IPO.
Good luck to everyone.
kenny
Look like i have less chances to get a few lots for my kopi "O" $$$.
I called the broker to place the order for me on Sat morning after read it on ST.
I was informed on Monday no more available. So I bought through ATM this evening.
Hi Maxsyn,
May i know where u got the news ?