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medivh
    13-Jan-2011 14:56  
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That's what I have been posting here since many here are not even well-informed. 

Google > darn good search engine for what you want to find out *free publicity for google.

*Get your bullets ready for the onslaught :)






acercreative      ( Date: 13-Jan-2011 14:44) Posted:

Agree - if the price is indeed KRW5,970 and SGX price drops below $0.35, could be a good time for accumulation. 

medivh      ( Date: 13-Jan-2011 14:37) Posted:



This is what happens to short term players who cannot hold... And this is what I've observed from many forumers here.. many short term players who donno what they are getting into...

This is where the wolves eat the sheep...

For those with bullets loaded.. the time for firing range will soon be here. ^^


 
 
noobnoob
    13-Jan-2011 14:55  
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everyone hopin it become HOTTER... hahaa

can hold hold lo...

gt profit take lo...

cannot hold cut loss lo....

onli 3 options.... no need think too much....



iPunter      ( Date: 13-Jan-2011 14:51) Posted:

Never play a stock that is hot...

Always play before a stock becomes hot... Smiley



bladez87      ( Date: 13-Jan-2011 14:37) Posted:

i thought i could limit my losses to just 5 lots. didnt expect the volatility of the stock to hit me so hard even with 5 lots. should have sticked to the principle of cutting at 10%. but i dont have the chance! 


 
 
iPunter
    13-Jan-2011 14:51  
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Never play a stock that is hot...

Always play before a stock becomes hot... Smiley



bladez87      ( Date: 13-Jan-2011 14:37) Posted:

i thought i could limit my losses to just 5 lots. didnt expect the volatility of the stock to hit me so hard even with 5 lots. should have sticked to the principle of cutting at 10%. but i dont have the chance! 

iPunter      ( Date: 13-Jan-2011 14:33) Posted:

I am very sad to see you lose $    ... Smiley


 

 
rotijai
    13-Jan-2011 14:47  
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bladez, i suggest u to read up this company.. see if it has potential in the long run. If the price goes down tmr, just keep for long. If the price hits higher for you to break even and u dont wanna hold anymore, just sell them away.

bladez87      ( Date: 13-Jan-2011 14:37) Posted:

i thought i could limit my losses to just 5 lots. didnt expect the volatility of the stock to hit me so hard even with 5 lots. should have sticked to the principle of cutting at 10%. but i dont have the chance! 

iPunter      ( Date: 13-Jan-2011 14:33) Posted:

I am very sad to see you lose $    ... Smiley


 
 
rabbitfoot
    13-Jan-2011 14:46  
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The most worthy 2-cents here so far

acercreative      ( Date: 13-Jan-2011 14:41) Posted:



My 2 cents:

I doubt that the underwriters will allow the price to go below $0.35 here in SGX. if the issue is oversubscribed, then those who did not get the allotment will gobble up anything below 0.35 here in SGX. It will reflect badly on the underwriters and the instituitional players who subscribed.

The Korean underwriters will have to price the IPO at an attractive price so that there is still some upside for the subscribers - probably leaving at least 10% upside for the IPO subscribers. So assuming 15% upside, the price would be $0.40 (which is around 10x PE post dilution, still below peer average).


 

 
 
acercreative
    13-Jan-2011 14:44  
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Agree - if the price is indeed KRW5,970 and SGX price drops below $0.35, could be a good time for accumulation. 

medivh      ( Date: 13-Jan-2011 14:37) Posted:



This is what happens to short term players who cannot hold... And this is what I've observed from many forumers here.. many short term players who donno what they are getting into...

This is where the wolves eat the sheep...

For those with bullets loaded.. the time for firing range will soon be here. ^^

 

 
acercreative
    13-Jan-2011 14:41  
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My 2 cents:

I doubt that the underwriters will allow the price to go below $0.35 here in SGX. if the issue is oversubscribed, then those who did not get the allotment will gobble up anything below 0.35 here in SGX. It will reflect badly on the underwriters and the instituitional players who subscribed.

The Korean underwriters will have to price the IPO at an attractive price so that there is still some upside for the subscribers - probably leaving at least 10% upside for the IPO subscribers. So assuming 15% upside, the price would be $0.40 (which is around 10x PE post dilution, still below peer average).


 
 
 
rabbitfoot
    13-Jan-2011 14:41  
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Like that, tonight i cannot sleep ....

Gaecia      ( Date: 13-Jan-2011 14:39) Posted:

It might not be 30 odd cents, don't scare yourself. Powereloaded mentioned the krx ipo price will fluctuate 40c thereabout, he should be quite accurate with that forecast. Anyway one has to think of all possible scenarios. If tmr gap down at opening, what will u do? Or vice versa, if gap up what is your action plan?  

bladez87      ( Date: 13-Jan-2011 14:31) Posted:

if drop to that level, i would lose 750 leh! that is half my 1 month pay! omg. if it happens, my losses will be 6.2k! worse than as i first started off this round. before i started trading again my net loss was 4.7k. if this happens, i would rather not trade. alas cant help. must be bold to enter other counters liao.


 
 
Gaecia
    13-Jan-2011 14:39  
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It might not be 30 odd cents, don't scare yourself. Powereloaded mentioned the krx ipo price will fluctuate 40c thereabout, he should be quite accurate with that forecast. Anyway one has to think of all possible scenarios. If tmr gap down at opening, what will u do? Or vice versa, if gap up what is your action plan?  

bladez87      ( Date: 13-Jan-2011 14:31) Posted:

if drop to that level, i would lose 750 leh! that is half my 1 month pay! omg. if it happens, my losses will be 6.2k! worse than as i first started off this round. before i started trading again my net loss was 4.7k. if this happens, i would rather not trade. alas cant help. must be bold to enter other counters liao.

iPunter      ( Date: 13-Jan-2011 14:27) Posted:

As long as you didn't "mau", any damage will be limited... Smiley


 
 
bladez87
    13-Jan-2011 14:37  
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i thought i could limit my losses to just 5 lots. didnt expect the volatility of the stock to hit me so hard even with 5 lots. should have sticked to the principle of cutting at 10%. but i dont have the chance! 

iPunter      ( Date: 13-Jan-2011 14:33) Posted:

I am very sad to see you lose $    ... Smiley


bladez87      ( Date: 13-Jan-2011 14:31) Posted:

if drop to that level, i would lose 750 leh! that is half my 1 month pay! omg. if it happens, my losses will be 6.2k! worse than as i first started off this round. before i started trading again my net loss was 4.7k. if this happens, i would rather not trade. alas cant help. must be bold to enter other counters liao.


 

 
medivh
    13-Jan-2011 14:37  
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This is what happens to short term players who cannot hold... And this is what I've observed from many forumers here.. many short term players who donno what they are getting into...

This is where the wolves eat the sheep...

For those with bullets loaded.. the time for firing range will soon be here. ^^
 
 
noobnoob
    13-Jan-2011 14:36  
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all white color one... when i bleed... will turn red then.... haha

don knw CNY gt anything to wear a nt liao... maybe find banana leaf cover can liao...

haven even announce anything else... so many speculation liao....

so many ppl showhand in CGX meh? 1mil shares + 1 hand + 1 leg + 1 bird ar?

heng i 1 box of underwear.....



iPunter      ( Date: 13-Jan-2011 14:31) Posted:

Make sure you keep the red one for "chuay it" (First day of CNY)... Smiley


noobnoob      ( Date: 13-Jan-2011 14:27) Posted:

Die liao la...... must sell my brand new underwear meant for CNY.... :<


 
 
rabbitfoot
    13-Jan-2011 14:35  
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Just to make some sense, quoted article

The listing rules state that the price at which new shares can be sold should not be at more than 10% discount to the to the weighted average price for trades done on the SGX-ST for the full market day on which the placement or subscription agreement (or, as the case may be, the underwriting agreement) is signed.

While the rule is designed to protect existing shareholders, there is no restriction on the premium that new shares can be sold at since this would be in the interest of their company.

It may yet materialise that in Gaoxian’s case, the share sale could be at a premium to the Singapore price, given that its Korean peers trade at a higher average PE of 16.

 
 
james87
    13-Jan-2011 14:34  
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But I doubt that would be the px..If it happens that way, then all dual listing is such a huge risk since company can play at any ridiculous px they wanted. I think SGX shldnt be allowing this type of px. 2 cents
 
 
iPunter
    13-Jan-2011 14:33  
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I am very sad to see you lose $    ... Smiley


bladez87      ( Date: 13-Jan-2011 14:31) Posted:

if drop to that level, i would lose 750 leh! that is half my 1 month pay! omg. if it happens, my losses will be 6.2k! worse than as i first started off this round. before i started trading again my net loss was 4.7k. if this happens, i would rather not trade. alas cant help. must be bold to enter other counters liao.

iPunter      ( Date: 13-Jan-2011 14:27) Posted:

As long as you didn't "mau", any damage will be limited... Smiley


 

 
bladez87
    13-Jan-2011 14:31  
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if drop to that level, i would lose 750 leh! that is half my 1 month pay! omg. if it happens, my losses will be 6.2k! worse than as i first started off this round. before i started trading again my net loss was 4.7k. if this happens, i would rather not trade. alas cant help. must be bold to enter other counters liao.

iPunter      ( Date: 13-Jan-2011 14:27) Posted:

As long as you didn't "mau", any damage will be limited... Smiley


bladez87      ( Date: 13-Jan-2011 14:23) Posted:

if really trade at .347. a lot of people will die. including me, even a 5 lotter also can get burnt badly.


 
 
iPunter
    13-Jan-2011 14:31  
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Make sure you keep the red one for "chuay it" (First day of CNY)... Smiley


noobnoob      ( Date: 13-Jan-2011 14:27) Posted:

Die liao la...... must sell my brand new underwear meant for CNY.... :<

 
 
motoe689
    13-Jan-2011 14:31  
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The market is so big...if the KDR price is really at $0.347, even if you don't want to sell at $0.347...a lot of people will be rushing to sell at this level or even lower...making the price plunge....bro, think it's time you learn some basics on stock investing...

goldenpiggy      ( Date: 13-Jan-2011 14:27) Posted:

But after that it will be up to the people like us to decide whether to drop it to the offer price right??  Again, shortist will have a field day.  Any views?

motoe689      ( Date: 13-Jan-2011 14:25) Posted:

impossible to price at 22% discount from last traded price of $0.445 leh...even if Gaoxian wanted to price it at this low level, SGX won't allow it because it will turn the whole market upside down...think SGX rule is that maximum discount to last traded price is 10%...i.e. $0.40


 
 
bladez87
    13-Jan-2011 14:28  
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can share the link? i cant find it. but anyway doesnt change matters. tmr will know liao.
 
 
noobnoob
    13-Jan-2011 14:27  
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Die liao la...... must sell my brand new underwear meant for CNY.... :<
 
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