LMA   

LMA is as dead as "ghost town"

Not a bad idea; but must be prepared let your Capital be tight down for quite a while though and without dividend! Cheers!

 

LMA is doing tremendous share buy back since May... selling down from public definitely drying up.. it might be a good chance to load up ...

 

Aiyah nothing funny lah..........Clients' instructions - one client wanted to buy and another wanted to sell. 101%  Contra Gain is the right word Cheers!

 

UBS AG is funny ... they buy and sell shares at the same week, what does it imply? contra players as well? LOL..

 

As I've said that " You don't really know....." isn't it???? Or do you???????????????? Cheers!

 

what invisible hand? Just some wounded investors paring shares to cut loss

 

The invisible hands is still a force that can govern the monetary dynamics of the Market!!!!!!!

The Market at rest tends to remain at rest., and the Market in motion tends to remain in motion for a while. It is really hard to tell what their boundaries are.................... . Understanding the complexity of the Market is never easy. Of course HINDSIGHT is always crystal CLEAR as no one really know why they work or when they work.....REALLY! Cheers!

 

I agree with Sifu...

Because market forces is the only fundamental reality to cherish...

Anything else is only cherished prejudice... 

 

Amazing! Closed below my expected price of $0.20! No support!

NAV is US$0.15, so looking interesting. $0.15 would be the next level to watch? See first .....

 

 

More like the ' Market Force ' is at work.....very interesting indeed!

Maybe could pick up some leftovers, if any! Cheers!

 

price hit all time low despite management purchase ..

total 550 lots sell down at 3.48 pm , within 1 mins, should be the same person ?

15:52:50	0.2	148,000	Sell Down
15:49:58	0.2	73,000	Sell Down
15:48:45	0.2	50,000	Sell Down
15:48:34	0.2	100,000	Sell Down
15:48:12	0.2	100,000	Sell Down
15:48:07	0.2	100,000	Sell Down
15:48:03	0.2	100,000	Sell Down
15:47:55	0.2	100,000	Sell Down

 

This LMA seemed headed for the $0.20 mark again ..... no support despite the share buy-back.

 

 

The diluted NTA has been reflected in the FY07 Balance Sheet. The Market Valuation is about the future growth. Therefore, NTA/sh is not equal to Market Value of Equity/sh!

The previous purchase was bad mainly due to miscalculation of Tax Payable and LMA was punished for that!

This latest acquistion is inline with LMA's strategy of core Airway Mgmt Business which could reap results in the futute. STill early days to 'put down' LMA 'cos of that. The intangible asset gain (in this cas) could be quite significant! Cheers! 

 

I always agree with Sifu... hehehe...

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9D90EE73696D058D4825740F003293F4/$file/Press_Release_LMA_expands_product_offering_with_acquisition_of_pain_management_business_170308.pdf?openelement

$0.20 level didn't happen. Maybe it would after the latest acquisition that is dilutive to the net tangible assets per share:

"In view of the goodwill included in the consideration and the intangible nature of intellectual property rights, this acquisition would have diluted the Group?s net tangible assets per share as at 31 December 2007 by 9.9%"

I remember the last time they acquired PerfecTemp, LMA share price dived! Wait and see.

 

 

Yes, that's why I say there is no hope for LMA to recover. Even the management is silent and not doing anything about its share price dropping day after day.

Anyway, today see LMA trying to struggle up to 24c only to be quickly "bashed" back to 23c. Dead cat bounce? Maybe last trade will bash this down to 22c? Wait and see.

 

 

Hahaha .......  poor things indeed!

Hopes are just hopes forever as they don't have a plan! Cheers! 

 

poor things.

 

No Sir, when comes to 'playing' shares I don't hope - either I know or I don't! Hope is only for people who aren't sure - just like buying 4D. The Stock Market is not the same as 4D or Toto!

So we shall see how LMA's px will close on the 17Mar08! Cheers!

 

 

New low of 22.5c! Everyday 0.5c, my "soon" will materialise next Monday 17 Mar 08.

Still have hope for LMA?