
There seems to be single or dual blocks of trade of a few hundred lots of UOB, OCBC, DBS, Kepcorp, Sembcorp and other counters that brought down the STI. Any information on this?
All blue chip will be in downward trend to find its justified to each PTB ratio of some figure <0.88, in this unprecedented financial turmoil capital market era. I keep selective buying to stock with PTB reaching <0.7 for blue chip and large capital share, <0.55 for mid. cap. share, <0.45 for small cap share and <0.30 for penny share, also <0.2 for underperform yet recovering penny shares!!!
sthh1026 ( Date: 04-Dec-2008 17:45) Posted:
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Anyone notice this? Doesn't seem regular. I notice that there was a large selldown of quite a lot of blue chip counters during the last moment of trading. (Or is it the post-trading hour) at prices below their current asking value.