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Moving up....
Most probably hit by margin calls across the board. But good news coming May 1 - new CEO Tong. May see a good rebound Monday or Wednes.
this has nothing to do with xd,.this is the sell-down effect. it may cont to go down.was stop-out with a loss .
ChillX ( Date: 28-Apr-2012 00:12) Posted:
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XD la. very normal for price to dip immediately on XD period.
New123 ( Date: 27-Apr-2012 13:51) Posted:
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what happen? being shorted down sharpely
most likely...
kp0713 ( Date: 25-Apr-2012 17:54) Posted:
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play resume?
Any target price?
geforce ( Date: 20-Apr-2012 23:29) Posted:
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Agree. Once Mr Tong announce the company's plan, it will soar further!!
Papa Smurf seems very confident of this stock since the m'sian tycoon taking over as the CEO from Mr Koh.. The paper industry indeed has massive potential in the long run, Perhaps their environmental sentiments still in hidden agenda, which may take the company to a greater height in future! Based on TA, the stock seems going up to a certain point, probably aiming for $0.50 in the near future. 2500 lots were bought at $0.440 and I supposed this BB must be out for a BIG appetite! MACD blue line hasn't crossed down red line, suggesting continual uptrend and heading upwards in a way. May be retracted next week for a correction before pumping UP again. Watch this closely, potential investors / traders out there.. :D
UPP is up up and away!!
44.5 tomorrow cheers
i think..tmr will go up a bit higher..then monday down. i think only..
what goes up must....
especially when it goes up so rapid....
djhdjh ( Date: 19-Apr-2012 17:31) Posted:
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M'sian tycoon to head UPP
Business Times.
UPP Holdings will be appointing Malaysian tycoon Tong Kooi Ong as chief
executive officer and executive chairman with effect from May 1.
The announcement came after the stock market closed yesterday. UPP's share
price had ended trading at a 52-week high of 33.5 cents - up two cents or
6.3 per cent.
Mr Tong, 52, is UPP's second largest shareholder with a stake of over 26
per cent. He is said to be a close friend of local billionaire Peter Lim,
who is UPP's largest shareholder with a stake of over 31 per cent,
according to Bloomberg data.
Mr Tong bought into UPP in March and the market had been expecting him to
take up a key role in the firm. He holds several other appointments in
other companies. For instance, he is a board member of M+S Pte Ltd, a joint
venture between Khazanah Nasional and Temasek Holdings.
According to a UPP announcement in February, current CEO and executive
chairman Koh Kim Huat was to step down on May 31. UPP said yesterday that
" the company has since agreed with (Mr Koh) that his last day of service
will be 30 April 2012 instead" .
Business Times.
UPP Holdings will be appointing Malaysian tycoon Tong Kooi Ong as chief
executive officer and executive chairman with effect from May 1.
The announcement came after the stock market closed yesterday. UPP's share
price had ended trading at a 52-week high of 33.5 cents - up two cents or
6.3 per cent.
Mr Tong, 52, is UPP's second largest shareholder with a stake of over 26
per cent. He is said to be a close friend of local billionaire Peter Lim,
who is UPP's largest shareholder with a stake of over 31 per cent,
according to Bloomberg data.
Mr Tong bought into UPP in March and the market had been expecting him to
take up a key role in the firm. He holds several other appointments in
other companies. For instance, he is a board member of M+S Pte Ltd, a joint
venture between Khazanah Nasional and Temasek Holdings.
According to a UPP announcement in February, current CEO and executive
chairman Koh Kim Huat was to step down on May 31. UPP said yesterday that
" the company has since agreed with (Mr Koh) that his last day of service
will be 30 April 2012 instead" .
yesterday announcement of the new CEO officially taking over. Tmr should fly up higher i believe..
wats up with UPP?
geforce ( Date: 19-Apr-2012 17:23) Posted:
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UPP flew to all time high of 0.395.
Let's see if it will advance further....
nobody can give u this kind of ans.
at this juncture, the momentum is trending upwards...
geforce ( Date: 18-Apr-2012 13:37) Posted:
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UPP is flying?
But wonder if this is genuine as I heard there could be fake sell queues to lure buyers?
Can anyone share their thoughts?