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Thanks, liverpoolfc.
Yes,1234567 ... still hold tp1.50 ... I am sure UOB will revised the tp.
Inview of current bullish mood in construction and development counters, I am in it for medium term .
Remember LKH was at high of 2.53 b4 x-right ÷nd on 28th May 07.
Many LKH supporter is still holding on after the right issues.
Hi liverpoolfc, is yr target of $1.50 still hold despite of UOB KH's target price of $1.03 ? Just curious to know ....
Property Development and Construction sectors are expected to do well in the next 2-3 years,
LKH has the best of both,
$1.03 doesn't look difficult to achieve.
UOB KH call for a buy with target price of $1.03
Start to run !!
Wow ... 85.5cts !
waiting for the rights to be updated into CDP account.
Look set to hold these shares until it hit 1.50 (my target)
Wonder if this lkh involve in bidding for IR contract .?
Wow ... up by 2.5cts. So worry when it hit low @ 79.5cts !!
Low Keng Huat - Momentum is building up
By Ritesh Menon
Wed, 20 Jun 2007, 08:30:57 SGT
Momentum is building up
- Low Keng Huat (LKH) has been on a down-trend since early June 07, trading within a channel.
- The correction was on the back of declining volume, which signaled the correction was nearing a support level. We witnessed a strong surge in price yesterday, as LKH bounced off the 50-day moving average which provided strong support over the last 5 trading days.
- The break and close out of the down trend channel accompanied by strong volume indicates a breakout confirmation.
- Coupled with the stochastic indicator rising out of the oversold region, we anticipate LKH to rise further in the days ahead.
- 1st resistance at S$0.87 and 2nd resistance set at S$0.95. Support held at S$0.72.
For more information and additional disclosures, click on full report.
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Got to be patience , took up the right issues and waiting these to be credited into my account.
Anyone got news to share
Keep Moving up slowly , in no time it will reach higher than 1.10 lar
just curious on wad basis for the $1.10 target...and your short term view is on...?
chunshyang, care to share your reasoning on why the price would rise to $1.10 ?
soon the price will rise to $1.10 WATCH OUT
this counter still buying
Wow ... 8cts !! Any reason why the sudden surge ?
Agreed with trymyluck.
Current price has already factored in the rights issused. However, there may be some more adjustment before stablizing. Overall, I would think that it is on the uptrend. Just my thought.
sohguanh,
to each their own expected price.
but dont forget market also has a price which sometimes
is expectation sometimes is true logic.
LKH price from $ 2 to 80 cents was logic.
before rights issue was announceed share price was $2.1 or something.
rights issue price announced 36 cents 2 shares for 1 share $2.1 so if u do calculation
$2.1 + 75 cents = $2.8 which works out to 87 cents which was open price ex-rights.
trymyluck: LKH Sp all time low is 0.11 correct? i give it < 30 cents already give face already leh. Hehehehhee...... believe in this saying the higher you rise the more drastic is the fall. so if you apply this theory and you kick off real low, when the fall is drastic you still got some time to let go cuz you buy real low remember?
LKH Sp $2+ to < $0.80 is 50+% fall so currently 80 cents if apply same logic should fall to 40 cents? :P
alamah sohguanh, dont scare the newbies here with ur 30 cents price target. all short term players sure get heart attack.
LKH is property player, in current market cant see LKH falling below 60 cents after rights issued. remember this guy got vested interest in iskandar region too
Nxt yr earnings will make sure LKH go past $1 mark again unless Directors decide to issue more shares and bring price down again.
ur approach definitely the warren buffet approach !!!
trymyluck: agree. as i am those buy and hold investor i always prefer to buy stock at it's 52 week low if possible. i go for low cost counter cuz at worst case scenario i can lose only tat much monies. this strategy does not work if stock has some NEW and profitable business that comes along and the share price will only go UP and minor down. a few counter i wait patiently i abandoned waiting. i guess i belong to buy low sell higher only when i feel company business has low prospects of making monies in the long run.
LKH Sp I shall wait patiently. Hope to get it below 30 cents if possible :P
