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You are right. This is a good stock. But market is bad. I might buy back at a lower price.
It seem that IPO cannot hold on to the opening price this few days. Fair value should be around $0.60. Vested interest. Hold on......market is in roller coaster.
I sold 4 lots at $0.595 and 4 lots at $0.565. Happy with the profit.
May not be the best option..sell to take profit...good cash profit and move on to the next ipo target. Just sharing my tot. 33ct on offer going above 53ct.
U r one of the 30 lucky applicants.
Result out - got 8 lots. Tomorrow market might not be too good. Hopefully can make some money.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DBB765C0399E6B894825732A00394835/$file/Dutech_Balloting_Results.pdf?openelement
yes i wondered why too... i think dutech might be a good long term stock... high barrier of entry definitely...
Strange ! DBS didn't listed this counter for ESA on their internet banking. Need to apply @ ATM. sianz......
The China-based manufacturer of high-security safes - which could be used in the growing number of ATMs - is seeking a listing.
Dutech derived the majority of its revenues in FY06 from the design and manufacture of safes used in banking, such as ATM safes, and commercial safes for office use or for the storage of weapons.
In the US, there are 1,250 ATMs per million people, but only 42 ATMs per million in China. Quoting a report by Retail Banking Research, Dutech said China is expected to become the world's 3rd largest ATM market by 2011, installing 65,000 ATMs between 2005 and then.