PSC Corporation    Last:0.35    +0.005

PSC comes alive liao

Hi abc2, I agree with you that this counter is rather quite slow moving and not too heavily traded most of the time. But I think it being traded nearly 50% below its NAV is rather absurd in the light of the recent runup.  I am sure people esp the BB would soon see its value and push up the counters. 

Anyway, I am only vested 10 lots, and would hold to see it until it reaches its previous rights of 33 cents which was oversubscribed then. Cheers.

 

Don't buy this counter unless you hear good news about it, otherwise your money will be stuck if it continues to be a laggard.

Laulan      ( Date: 29-Jul-2009 11:55) Posted: This counter I have said earlier is not of speculative nature.  Quite an orderly trading character.  But recently has steadied above the 20 cents level. Never spike yet despite the promising upping trend market outlook.  I took a look at their website: http://www.psc.com.sg and felt quite comfortable with their spread of businesses, from manufacturing to investment to development.  I think when we eat rice, noodles, tau kwa or tau foo, these are mostly from PSC corp or their subsidiaries or affiliates where they invested.  Imagine the large population taking their products, yet I never thought about it.  So I am going to buy this counter.  But I don't know what weight should I give my investment portfolio to this bugger.  Maybe 5 percent, I will try.  Any advice? Good or bad welcome. Cheers.

 

This counter I have said earlier is not of speculative nature.  Quite an orderly trading character.  But recently has steadied above the 20 cents level. Never spike yet despite the promising upping trend market outlook.  I took a look at their website: http://www.psc.com.sg and felt quite comfortable with their spread of businesses, from manufacturing to investment to development.  I think when we eat rice, noodles, tau kwa or tau foo, these are mostly from PSC corp or their subsidiaries or affiliates where they invested.  Imagine the large population taking their products, yet I never thought about it.  So I am going to buy this counter.  But I don't know what weight should I give my investment portfolio to this bugger.  Maybe 5 percent, I will try.  Any advice? Good or bad welcome. Cheers.

 

Speculation?

abc2xyz      ( Date: 29-Jul-2009 10:43) Posted: Today huge volume done early in the morning.  Anyone knows whay's up?

 

Today huge volume done early in the morning.  Anyone knows whay's up?