LMA   

Investors are not idiots

Dear iPunter,

I do not mind telling you. The way I collect this counter is once in a week for a certain volume (applying time value for money) and till now, my accumulation is yet reaching 10% of my volume target.

 

Hulumas... hahaha...

By the looks of it, you 've been accumulating till you're fat and bloated... :) 

 

Dear TradeChancellor,

Your judgement about its future movement would most probably materialized. I strongly agree. So, another 3 months to go... Keep watching and accumulating........

 

I remembered reading somewhere that said because LMA is an unfamiliar company, or rather nature of its business, investors are cautious. Also, not many research analysts are covering this company too. However, i was looking at the past 1 year's price chart and noticed that it soared during the April-May period. Perhaps it would start accelerating after announcement of full year results of 2006. Should be out in 2 months time?

 

Although LMA's  fundamentals are good, it has underperformed the market since  2005  when it was listed at 88cts. After almost two years, it has been below its IPO price    Compared to penny stocks  with poor fundamentals and high PE  which have been chased to sky high prices, LMA performance to date after listing makes a mockery of fundamental analysis.  Any comments?

 

Yes, i was also surprised when in the morning, volume movement was zero. But i think this is the calm before the fireworks, when LMA will explode with spectacular results based on 2006 performance, and possibly 2007. vested 15lots total at rock bottom 64c. 

 

Thanks everybody for the "moral" support. Biosensors  (maker of stents) has won its suits against those who have infringed its  patents.  With patent infringements out of the way, Biosensors is poised for a rebound, according to a recent broker's recommendation.  Guess patent infringements are just an excuse for the operators (syndicates)  to play down LMA, right?

 

Very attractive at current price..after the haggle over patent infringement is solved it will serve as a deterrent to the rest and profits should soar..so in meantime just relax and have patience..

 

hikitty, your conviction for this stock will be rewarded in due course.  Lots of patience is required to hold an unloved stock until the interest is fired up again.....until then it may be tiring to micro monitor on a daily basis in the absence of fresh factors.

 

I am not an expert but i personally think this company has solid fundamentals and a niche market..very good long term investment..

 

LMA - at least it has woken up.  50 lots done @64cents.  Downside risk is minimum.  Accumulating at low prices had been taken place for some time.  Poised for breakout?   Would S'poreregal elite or any FA specialist comment abt the possibiity of a breakout, pse?   .  

 

Hulumas & Moneymatters

R U watching LMA.  Counter - entirely dead today!  What's happened?  The operators are testing the interest of the investors in this share? Contra players are all sleeping or watching at the side?.

 

Poised for a breakout, but standing still?  This share has never behaved this way since being listed. 

 

This share has come to a standstill as at 11.30am today - frozen? Waiting for a breakout?  It's been a sleeping beauty far too long. 

 

Dear Hikitty,

Thank you, I shall do accordingly.

 

Dear Moneymatters and Hulumas

The operators will be left high and dry soon, with no more  scripts to sell. They will be forced to purchase scripts at high prices to continue staying in the market - i.e. looks as if   market shd fly soon (low volumes at low prices holding well).   Pse don't start selling immediately the market flies so as to catch the short sellers who hope the real sellers will follow suit.  The current price of not more than 0.635 cents for the past few days is more than 20% discount to its IPO price of 88 cents. Margin of safety (downside)  is very high.   Who knows - LMA may become a blue chip soon.  Better than buying  penny stocks with very high PE  which are very speculative.  God bless both of you for recognising  value for money in LMA. Cheers!!!.

 

Dear Moneymatters,

Another 1000 lots collection, will let LMA to fly, keep it up. I shall support you too!

 

200 lots!!! A cool >$120K !! wow. I'm such small fly.

 

collected close to 200 lots last week because of some pull back....margin of safety coming in at current level is high.  Any downsides from here is going to be fairly limited.  

 

Normally with the release of a profitable report, a share shd run. up.  For LMA, the "manipulators" or "syndicates" decided  not to start pouncing on "sleepy" sellers.  With Ambu, the copycat of LMA's equipments, out of the way , after being sued, LMA  shd display positive earnings growth  as from 2006.