2 miserable lots.Originally posted by pisces8:Now is 89.5.
How many lot do you have?
Still got broker's fee of $25...Originally posted by pisces8:If you sell now you make S$440. Not bad for pocket money.
Yah...Im hoping it will reach $1, So I can cash out... But the dividends...Originally posted by k4korny:half day volume is 136,640 liao!!
think the one that will make the most money is SGX..
(In My Opinion) I predict it will go past $1 in the next few days (based on Volume and Momentum) before coming back down to more realistic levels of abt 80-90c.
Agree with you.Originally posted by shade343:Still got broker's fee of $25...
I think I want to get a license to be a Financial trader...The broking fees is outrageous!!!
You have to wait one more year b4 they give out dividends mah!!Originally posted by shade343:Yah...Im hoping it will reach $1, So I can cash out... But the dividends...
you got the IPO too? Or you bought from open market?Originally posted by pisces8:Agree with you.
MTL is now 90.9/90 - sell now? Yes, sold
How many lots did you recieved?Originally posted by pisces8:IPO
MLT has a resistance level of 88 cents now I believe. It is unlikely for it to hit $1 at the moment as a lot of shortsellers are hurting the stock. On top of that, MLT which is bought at $1 or more represents a yield of less than 4.3%.Originally posted by k4korny:MLT today (1/8/2005) close at 0.885, down 1c.
surprisingly, it din do as well as i expected it to.. hopefully it'll get a second wind.
in fact, recent IPOs like STX din really perform that well. IPO price at 0.90. Highest at 1.07 on its opening day on 14/7, thereafter trading betw 0.9 to 1.
the only thing they did is to put a lot of adverts on TV.
I thought the acquisition when through? Suntec reit and CDL held a press release announcing the acquisition....Originally posted by k4korny:I read that Suntec reit has a planned $1b acquisition that may be shelved cos of Ho Ching's speech.
I've put up what she siad on another thread.. did u see?
ohh.. i misread.. paiseh.Originally posted by shade343:I thought the acquisition when through? Suntec reit and CDL held a press release announcing the acquisition....
Market watchers are wondering if Suntec Real Estate Investment Trust's recent deals to buy $788 million worth of assets from City Developments will proceed in its current form in view of Temasek Holdings chief executive Ho Ching's caution to investors about some hazards in the Reit market.This is from Fri's BT. Anyway, the deal is not cast in stone yet.
Suntec's proposed acquisition announced a month ago involves deferred payment of nearly 10 per cent of the purchase price through the issue of units in Suntec Reit.
told you it will have 2nd wind rite..Originally posted by shade343:MLT Currently trading at 93/93.5
Hmmm....should I buy more?
Yah. Sometimes I really dont understand the Market. It does not make sense to buy MLT at $1 because that would result in a lower yield than buying Suntec Reit at $1.18.Originally posted by k4korny:told you it will have 2nd wind rite..
tot you said you would rather buy more suntec reit at 1.18 than MLT at this price??!!
even tho everyone knows Suntec gives better yields, ppl may still buy MLT at $1. It goes to show that stock prices is not only about valuation of the coy, it is also about ppl's exuberance abt the coy's performance.