LMA   

Uptrending of LMA

The Ambu lawsuit, a sure win,  will contribute to its profitability. Just can't understand mkt sentiment.  While stocks of unprofitable companies get played up,  LMA has been languishing below IPO price most of the time since being listed in 2005 though it has been profitable most of the time .   Fail to understand why there are still those who sell (though a minority) at way below IPO price - can they guarantee that they will make a profit by using the proceed to buy another share????  

 

LMA has got 2 wildcards: Sharebuyback mandate and Ambu lawsuit. Let's see if these 2 can jumpstart the price engine a little, go up by 20% - 30% will be good :) 

 

Hi jackjames

Wait long long loooong for LMA to dip to 53cents, lah.  Invisible hands supporting at 55 cents. If they allow LMA to keep on dropping, how can they attract others to buy so that they can make kopi $$$.  Good luck to you - hope u can buy many many lots at 53 cents   

 

IPO price shown at SGX mah.. I was onced vested at 0.62 and out at 0.65 last year.. I didnt touch it for a long time... can consider if it comes back to 0.53 again... but, I prefer Biosensor lei.. at least, when it cheong, nobody will stop it, just personal preference only.

 

Tks jackjames - I'll wait long long long..(  R U vested to know that its IPO price was 88cents? ) Nothing is impossible if the BBs or FMs want to ramp it up.  Anyway, it's just hope or guts' feeling, leh. 

 

in one month time fly from 0.55 to IPO 0.88??? hikitty, be realistic, face the truth..

if you said 0.63, i still can support you, 0.88, errrr.... can wait long long, heee..

 

Hi moneymatters

Be as patient as Job?  Still way below its IPO price.  Guess if it hits 10 cents,  there will be hundreds of buyers?  Or, may be by then ,  no buyers.   Buyers are really wonderful - when a  share dips, no one wants to buy;  when its runs north, many rush to buy!!!!  Guts' feeling that it shd move north in October 2007 to reach its IPO price?  Any comments?

 

Hikitty,  I think Porter Orlin and the other BBS have done their homework.  Only patience is required.  Just for your info, I am still collecting.   The low volume is not an issue.    

 

Thanks ten4one for the "enlightenment".    Many who have  bought, would love to accumulate more of LMA if it keeps on dropping  - may be  to 10 cents?   Shd recoil anytime soon?

 

Volumns traded were so thin that the charts were not reliable and could be misleading and 'dressed up' easily. Cheers!

Hikitty, to turn a one horse man-powered vehicle into a 700 HP mean machine could take a century and lots of $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ to develop. The 'oversold' thiny is just like some shops at Shopping Centres that have 'SALES' signs everyday thru out the years and still no one is interested and finally it is close-down sales! Cheers and my advice is run b4 it is too late and let UBS do the cleaning up.

 

hi guys, i look at lma chart, i notice 1. a bullish stochastic divergence 2. rsi uptrending 3. macd uptrending is it a good time to buy now? any comments?

 

Hi ten4one

We shall see - the bicycle can become a Formula 1 race car.   For sure, LMA will not wind up.  With BBs, like UBS mopping up the shares of the faint-hearted,  it will leapfrog north in soon (Oct 2007?) coz' it  has been languishing in "oversold" territory for too long.     

 

Hikitty, Fly north a bit difficult lah....maybe a bicycle ride to the north and could take a really long time to reach your destination; and provided you still have the 'muscles'  to ride this 'bone-shaker'! For me, it doesn't make any sense to go north this way! Cheers!

 

Yeah, agreed with hikitty. PE ratio is only about 8.9, below 9 for some time already! More profits if their products can penetrate the china, indian market + other emerging economies. Besides, LMA supreme for the latest mask design has been launched in singapore too. Importantly, there's the court decision too. But i'm a bit disappointed that Robert Gaines did not activate the share buyback yet     :-( ... even though the price is at a low.......

 

ten4one - LMA shd fly north in October 2007? For sure, it will not turn belly up and you lose all your investment. For those who're not vested, what are you waiting for - buy shares which have run north for some time?

 

Some may think I am a "daydreamer".  LMA looks poised for a trend reversal very soon after the purchase of a hefty 2 million shares  by UBS.  Good that UBS has mopped up those "faint-hearted" shareholders.  Surely UBS is not throwing away good money at duds? Low volume at low prices - positive signal for it to move north very soon after sleeping since 2005 (year of listing)  

 

Hikitty, you're rite. LMA has been profitable, but  the STock Market is all about the future. I too once like their stories....but not anymore - cash out with minimal loss.

You can't blame the Underwriter - they've done their parts. They too have to make money like any other Investors - right decision, make money....wrong you lose! Cheers!

 

The LMA placement holders must be very timid or weak ones, unlike those of other counters.  If they don't attempt to play up their holdings, who will?  Sitting down since 2005 on a ticking time bomb?  LMA has been profitable, but look what has been happening - still way below IPO price.  Boom time down.   Bad time stay put.  Most ridiculous listing to date - no wonder Temasek Holding (one of the big big placement holders) had dumped them not long after they were listed for a small profit.  Most intelligent ones could have dumped them long long long ago. Waiting for investors to return to Heaven before the shares move north?   

 

yes, agreed. UBS cash in (2000 lots) about 1-2 millions shares in ..... good to follow with BB, good thing is Dow drop 250 points , and we can expect good bargain on Monday, thanks for the advice, indeed we can cash in !!!

 

 

UBS made an open market purchase of 2 million shares yesterday. Get ready for some serious up surge next week.