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Masterlim8888, where are you? Same scenario for China Animal H, C & O and now Gaoxian. Like to give us your understanding of the situation? Again big boys pull the rug under your feet? Although we all trade at our own risks but I do not know how many really got burnt following your drumming ...
masterlim8888 ( Date: 25-Jan-2011 07:20) Posted:
top gem! rock solid financial gem , unshakeable! , undeniable! gem of the year!
opening px 50 cents! load! load! load!
top multi bagger!
krx is here! krx is here! finally we going to show all stocks in sgx whats a gem is like today.
50 cents closing px is an under estimation! chart is showing uptrend! it is going rally! its going rally! prepare for wide wide upside ride!
Why it has all the factors to rally on the first week of trading and good for long term:
Gaoxian supplies to the domestic market in China which is a tremendous growth story and Gaoxian is an indirect play on retail consumption in China.
Winner is going to be the one who is the biggest. And Gaoxian is the biggest.
Intention to use the proceeds from the Korean dual listing to move upstream by creating its own PET chips supply in order to expand its profit margins. This vertical integration is a complicated endeavour but it’s a very good story. In all manufacturing companies, vertical integration is a very key point and a winner when you talk to institutional investors. At the end of the day, it’s about size and economies of scale.”
Compared to its peers in Korea on a trailing 12-month basis, Gaoxian is heavily discounted by about 50% to its Korean comparables.
About 4X for the institutional demand. Given the various investor concerns that I have mentioned, this 4X subscription rate is a good one.
Morgan Stanley, Deutsche Bank and Nomura took up sizeable chunks of the deal … the majority were taken up by Korean institutions.
Now you know what I mean when i said i don't agree with your saying ..
"Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956"
medivh ( Date: 24-Jan-2011 20:32) Posted:
I don't agree with your saying "they already know how sgx investor will react (sure scare and anyhow sell one). "
Do you even know how many people selling/shorting in big lots the past week ? I can tell you the majority is not the normal sgx investor. There is more than meets the eye. There are two big sides (BBs) working and creating the heavy volume (or some would say drawing the chart), and IMHO, its a tug of war between who can win bigger this round.
warrenbegger ( Date: 24-Jan-2011 19:58) Posted:
1 thing is for sure, when GX list krx IPO px at 405, they already know how sgx investor will react (sure scare and anyhow sell one). But they got their power and plan to keep px before halt jump up to 445 > maintain 420 support lvl > 440 now (should be 455+(too many road block)(morning buy up, a bit mid noon px control and heavy siao last closing buy up) Tomorrow is Krx T day and early than sg time, if they can push up Krx px (they can do it if they want) to around 440+ before 9am tomorrow, i wonder sgx here will sell again or hold and see how high can it go. GX is advantage in Krx because of many strong point 50% discount PE to peers but depend how krx investor see it also. Or they will push up krx side first and then sgx side to even out, anyside dropping will cause uneasy to another side of investor. Tomorrow is just a starting day for GX story, if they want success in Krx and sgx, i think px will be more upside than downside. Pls dont kanna sai.
Don't panic. Fear is your worst enemy. Korean side seems to be coming back. Now just a whisker below 7,000. But this is half hour delayed. Anyone know the latest ?
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2041-2060 of 4996
, unshakeable! 
, undeniable! 
gem of the year! 
load!
610
<< We need this for sgx px to be more pumped up ^.^