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this stock is moving up. my target price 82ct.
oinkoink1999 ( Date: 14-Aug-2009 16:45) Posted:
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last 15mins cheong...highest since launch...huat ar~!!
| Updated: 7th August 2009, 1902 hrs |
| PEC shares soar on debut |
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Shares of engineering services company PEC soared on its debut on the Singapore Exchange today. It's the first Mainboard listing this year. At the close of trading, PEC's share price was 72 cents a piece - up by 80 percent against the issue price of 40 cents. It was also the third most actively traded counter today, with a transaction volume of over 81 million shares. Observers say the stock's healthy performance bodes well for investor confidence, especially since the initial public offering market has been relatively quiet this year. But some traders say the impressive showing could be due to PEC's lower share price compared to competitors like Rotary Engineering and Yongnam Holdings. PEC is an engineering firm that provides project works and maintenance services to the oil and gas, petrochemical and pharmaceutical industries in Asia and the Middle East. |
Retail players closed for the day..while grey players has cover their profit handsomely
| Time | Last | Volume | Bid/Ask |
| 17:05:02 | 0.720 | 901,000 | B |
| 16:59:42 | 0.725 | 15,000 | A |
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.680 | 1 | 130,000 | 0 | 130,000 | 0 |
| 0.705 | 2 | 6,684,000 | 6,684,000 | 0 | 0 |
| 0.710 | 27 | 1,400,000 | 807,000 | 593,000 | 0 |
| 0.715 | 332 | 13,258,000 | 6,356,000 | 13,000 | 6,889,000 |
| 0.720 | 347 | 16,155,000 | 9,359,000 | 1,250,000 | 5,546,000 |
| 0.725 | 301 | 14,075,000 | 7,789,000 | 150,000 | 6,136,000 |
| 0.730 | 240 | 14,838,000 | 3,910,000 | 1,203,000 | 9,725,000 |
| 0.735 | 97 | 3,704,000 | 1,710,000 | 602,000 | 1,392,000 |
| 0.740 | 70 | 2,802,000 | 1,573,000 | 276,000 | 953,000 |
| 0.745 | 94 | 5,497,000 | 3,588,000 | 273,000 | 1,636,000 |
| 0.750 | 68 | 2,218,000 | 844,000 | 305,000 | 1,069,000 |
| 0.755 | 14 | 615,000 | 100,000 | 0 | 515,000 |
| TOTAL | 1,593 | 81,376,000 | 42,720,000 | 4,795,000 | 33,861,000 |
This banded trading price may end d way it traded for today (Friday) and for next week price may soften a little and depending on DOW. Those big boys may maintain price for a while before going either way. My tot back to IPO offer price...Not d way or even 50ct, Grey is oredi 0.60ct
aleoleo ( Date: 07-Aug-2009 14:21) Posted:
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sell pec buy hai lek....
the IPO price is 0.4 .... today kena bought up till 0.7
believe closing price will be above 0.7 as well.
will there be a chance that next week become 0.4 - 0.5 again ????
any similar case happen ? mind to share your thought ? anyone? thank you
Unlikely...just my tot...may settle around 0.73 cents
upforever ( Date: 07-Aug-2009 09:25) Posted:
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71.5 now siah, i wonder if it will drop below the opening price...
CS is selling it because they need to take profit ...... dun short it , dun against the trend
nickyng ( Date: 07-Aug-2009 09:19) Posted:
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yes, ppl shooting it down, the fun has begun lol
hmm....looks like ppl start to short it at 73.5cts level liao siah :P ..join in the FUN ??? :P
I applied through ATM, It was rejected, I should apply through internet banking, I though both method the chance of getting is the same....
oinkoink1999 ( Date: 06-Aug-2009 17:55) Posted:
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Stronr time to take good profit...chiong oni if it fall below opening price price and nearer opening price..just my my tot...No calling to speculating on this counter. teeth53 tot so
nickyng ( Date: 07-Aug-2009 09:07) Posted:
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still going up strongly, whack it and u get it
ya....lol....but i dont think it will last...anyway congrate again!!!!!! Will only enter if below 30cents, that is what i think this company worth....:P
IPO fever is back with YangZiJiang help..went up to 0.755ct and still going strong.
wah!!! 75.5 ?!?!? wow...thk may hit 80cts !!! congrats to those who got it !! :D
open 70cts...congrate to those bro who buy....
well...got this feel that it will hit $1.....then i will start SHORTING :)
ronleech ( Date: 07-Aug-2009 08:54) Posted:
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