
counter may be down due to investor being jittery,coz based on historical earnings,lantro is trading at abt 28x. if fast forward to forward earnings for 07,at current levels...it seems a little undervalued. yea...so i suggest hold till results announcement,by then whether u decide to continue to hold or sell,then u decide.
thanks joshlai86... that is good news... but wonder y counter still down... :(
for ur info,after the rights announcement,lantro has been steadily rising from 14cents to a high of 30cents 2 weeks ago. offering rights shares is a sign of bullishness by the company's management tt future earnings can supprt the dilution in shares and earnings. rights shares are offered at 1.3cents per share,which is a v v steep discount of the current price. structured cabling industry in asia in booming becoz of developing countries investing more on infocom infrastructure...plus the construction activity,will brg in the biz for lantro.
sorry for my ignorance... but what does that mean? how would it impact the price of it now?
Thanks in advance for the help.
yes, 2 for 1 rights issue. XA date expected to be around the time after FY results are released.
anyone heard of rights issue coming?
FY results will be out soon...late aug!it should be record profits...estimate 15x FY07 earnings to give TP of 30cents.so hang on...dun sell anything below 30cents.just my analysis n opinion,trade at ur risk.
why u say that?
why do say that, joshlai86?
lantro under selling pressure...persevere,this stock will do well!hang on for 3more wks
I vested at quit high price ¬ $0.285. Going to load more as now market having 'GREAT SALES'.
Out here & in there again. Just follow the momentum. Where going to be good go where. Shiok!
most likely shld hit 40cents by results announcement,still vested.advice to those holding lantro,dun sell!!!wait till results announcement,3rd wk aug.
wasted.sold off at 0.235
WOW! These twin turbo rocket really BLASTED OFF today to touch 30cts. With such heavy volume today
it MAY (may only & it's possible) to gap up & open @30cts tomolo.I THINK (personal opinion not inducement)
this stock may reach 50cts by the time company announce result next month.Simply love this stock Re-vested &
boarded one of this 2 rockets last week to take a ride to higher level. BANZAI !
Orrrr Eeee Orrr this TARZAN likes to swing here & there one & again swings from Sungei Kadut to Pasir Panjang.
normally u'll see them having a string of continuous buy ups...best to keep a lookout on single buy up trade of more than half a million...when there is a accumulation of often more than 1.5 million buy up shares...it will likely to shoot up further...but as u mentioned earlier...
go up fast can also come down fast at times..so sell when u think u make enough small profits...never be greedy yea... Genetan14 u did it right for LantroVis
thanks for the explanation.
Guess i was a bit lucky ...saw this gg up quite fast today, put in 20lots at 0.28 and immediately put in to sell at 0.3 (since the reco price in this forum was at 0.3). But since i do not really hv a gd understanding of this company .. didnt wanna hold for too long. (haaa...abt 30 mins) so just made a little bit.
Any idea on how u watch for the BBs ? so simply track those w high vols and monitor them ?
BB = Big Buyers (or Big Boys)...they are the one with big cash...they can manipulate the price of a stock...and well...as the Singaporean saying goes..."The Rich Get Richer, The Poor Get Poorer"...
my personal method of buying shares is to ride the wave up with the BBs upon detecting their breakout with big volumes...
hi cyjjerry85 - sorry for my ignorance ... what is BB ?
BBs are in aggressive play up the price now...just look at the single trades by the million..