LMA   

Uptrending of LMA

don't tell me got such kind of wu liao BB..

 

notice got 1 buyer keep buying 1 lot transaction.

i suspect is accumulation by some BB or FM.

Im still hanging on...

 

 

Hi doshur

LMA price has been deliberately suppressed but with a free float of abt 70million shares, how much further can it dip -  10cts?   Ridiculous,isn't it??. SJ participants who are LMA investors would think that would be like thinking of sunami hitting Singapore today!!! Impossible, right?  Invest $$$1  and get more $$$ tomorrow, OK?

 

hi 580 lots are done @ 0.575 not 0.58 technical indicators are on uptrend my TP is 0.60 soon. if break 0.60 more upside it will cheong.

 

hI  tradechancellor

Your guess is as good as mine - it shd move north soon!!.  For those who have been waiting for the past six months for a further pullback to buy, what r u waiting for.  A married deal of 580 lots @ 58cts was done this morning. Think abt it - is that person or persons buyiing @ 58cts to lose $$ for sure?. Very simple - once the well of cheap H20 (i.e.@ low prices) dries up,  what would happen?  The "manipulator" (or "maniplators") would have to move to another well to buy H20 (i.e. water)  @ higher prices.  Logical, right?  Whhy  park your sweat $$$$ in the bank and allow the C.E.O . to earn millions when  you can earn more than the miserly 2% (or is it 1%?) in a savings  a/c by parking some of your $$$ in LMA? Guarantee that LMA will never close down!!! ( A grain of advice from the "koyok" seller, heh, that's me)

 

No prob, glad to share the little that i know. From past indications, they would take about 5 weeks to process the quaterly financial results, so the results would most prob be released in 1st week or 2nd week nov. Yep, i hope the recoil would be strong as i've vested 30lots, huge chunk of savings ;)

 

Hi tradechancellor

Dont' worry - a generic product is unlikely to be the same as the patent product - and LMA has new products to support its biz growth.   Guess the BBs dare not think that small investors are not "intelligent"  or "very financially strapped"  to continue selling @ low prices to them.  That's also why they dare not continue to queue to buy at low prices (in spite of the current down market) or else their low-priced shares to sell would be gobbled up

Thanks for being very caring and sharing by alerting  SJ  participants who may be LMA  investors that the 3rd quarter results shd be released soon, and that the free float is only about 70 million shares (which accounts for the daily low trading volume @ low prices)  .  Guess  the BBs  have the same guts' feeling as most retail investors, that the result shd be positive (profitable) - that's why they have been buying up LMA shares (increasing volume and increasing price)for the past few days.  It shd provide the catalyst for LMA to move north soon. When a spring is suppressed way for too long(like a "jack in a box"), the recoil shd be fast.    Agree?

 

Hikitty, yes, for it to double from 55cents to $1.10 is not impossible. At $1.10, the PE ratio would be about 17, which is a realistic PE ratio too. Thats provided the net profit improves slightly by say 3-5 % for 2007. I talked to  my brother who is doing his medical attachment, he said the LMA products is a good invention, but the company may face challenges when the patent expires.

I think the BBs are waiting for the Ambu case to be resolved within the next 3 weeks as we can't predict 100% how the courts would rule. Once the court awards damages to LMA and rejects ambu's appeal, then the BBs would be more assured and come in to buy LMA.

Btw, the 3rd quard is over and the financial results should be out in a mth's time too ;)  

 

Hi tradechancellor

 No reason why your price target (u mean $1???? since it's  72-75cts and beyond) can't be realised?  According to DBS Vickers (4 Aug 2006) and JP Morgan (20 Oct 2005), their respective  price target was $1.15 and $1.10.  Did they have an axe to grind then? 

Guts' feeling that as LMA is now financially and fundamentally stronger than when it was  listed in 2005 (new markets for its products,  mkt penetration for its new products,  payment of liquidated damageds by its product copycat, Ambu)  both research houses' recommendations could be realised  anytime soon - it's just that mkt response has been intentionally delayed by the BBs or  FMs?

 

heheh, i wish i'm a BB, so that i can retire early and don't have to worry about any annuities to last me beyond 85years old ;-).  Actually I am thinking, can we small timers become a small BB (sBB) by forming a loose alliance of a few individuals and coordinate our buying/selling of selected counters? I've vested @ 60cents average for this counter and will most prob sell ones it goes beyond 72-75cents...Do you think it will go beyond 80cents?   

 

Hi tradechancellor

With just a small float 70+ million shares, it's shocking that LMA can dip to below IPO price .  Guess the BBs (r u one of them - joking if u r not?) are not "hungry" for success or to make money by squatting all the time in the buy queue at low price for the past TWO years. How to make up for lost time???   10% every week like certain other stocks  to catch the short sellers?

 

hi hikitty


I have loaded LMA recently. I more like a trading. I buy on chart signal. i wonder how high LMA can go this time round. I have been getting in and out of this stock quite some time.

 i predicting 0.60 soon.

 

From the 2006 annual report, the top 20 shareholders hold about 506 million of the 580m shares. With 70+ million shares floating out there, the BBs would have considerable sway over the prices even at relatively smaller volumes.

 

Actually most stocks in the market, especially the blue chips, are controlled by the BBs.

But there are some, particularly penny stocks with low volumes, can be driven mainly by retail investors.  

 

Hi Manikamaniko

No offence, lah.  Tks for the upgrade to a "koyok seller".  At least, the koyok seller (may be a man or a lady) is an "entrepreneur". The truth is the force of SJ participants (excluding those who may be manipulators themselves) can be very strong if they believe in "value shares".  Look at the increasing volume and price - better days ahead for LMA, OK?


  

 

Hikitty... :)

Hahaha... this reminds me of  the olden days when we can see  a crowd  around a  "koyok seller", and  loud and interesting cymbals, gongs and powerful voices selling their wares...  


Just a joke, lah... don't be offended, OK?...

 

LMA is financially and fundamentally very sound if share investors care to look at its balance sheets and annual reports.   With more SJ participants who are "intelligent investors" buying LMA shares, guess it shd fly north fast to make up for "lost" tiime since being listed in 2005 (more than two years).  Doubt the "manipulators"  can deliberately afford to hang on at low prices much longer  based on its recent rallies. In the present mkt, it's very difficult to find a financially and fundamentally very sound share at below its IPO price. LMA mkts are growing and  with its copycats being   prosecuted and made to pay damages., its  profit shd grow by leaps and bounds.

 

Hi doshur

Hope many more  SJ participants will  buy LMA shares, which are grossly undervalued after reading this posting.  The iron-clad guarantees are (1) LMA will never be wound up, like some other smaller listed companies (2) LMA shares are grossly undervalued.  What are they waiting for?   Park some $$$ in this counter than others which are gyrating for no rhyme or reason!!!.  Shd fly north very soon - some may think  it is just a daydream, but it definitely is not. coz' it has been a super laggard since being listed in 2005.

 

creeping up to 0.57 already...

 

HI tradechancellor

It's the "manipulators" who have been queueing to buy at low prices by selling at low prices.  They struck fear by just doing that, but guess have been unsuccessful so far based on the low trading volumes at low prices.  Shd move north very soon  - let's see how long they can manipulate the counter b4 their low prices are gobbled up by intelligent SJ investors.