LMA   

Uptrending of LMA

Hi guys, heard on radio yesterday, that OCBC has a buy call on LMA with a target price in its 80's. 

 

i am vested (albeit kochinkura),  hikitty, and will hold.....  no worries madam, it will go up....

 

Without the daily traders LMA would not have dipped like crazy.  It's better to have "zero" daily transaction rather than  have the contra long and short sell  traders playing a fool.with a counter!!!   If there are more long term buyers, a counter would consolidate and move north.  Hope LMA would have more  long term buyers as more brokers call it a buy.   

 

Dear Hotstock,

I am glad, the price movement is accelerating up now!

 

There are more M&A for LMA in 2007 (Management indication). If you want to hold till end of 2007, it should be around $1.



For those who keep faith, congratulations

 

hikitty...

Looks like your patience and staunch loyalty is rewarded... :)

 

As long as one is NOT a contra trader, this stock may be kept for future gain.  Grossly undervalued - why trade with it, unless one is a DAILY trader.   

 

This is rather good news. Can someone please advise me if management share buyback starts, will they need to report it each time in the SGX announcements? I ask this because i am trying to find out, like jackjames, if they are actually buying back. Because if the mgt have not started yet, it means that other people are buying in at the moment and if the LMA mgt joins in the buy in, it will soar even more.

Yup, its undervalued. But i hope they can penetrate the China and Indian market so that it will become a strong growth stock too. China+India's population combined is 2.2billion! With the 2 giants growing in affluence, healthcare is and will defintely become priority. 

 

 

Surely LMA deserves being treated fairly by brokers or operators.. Its larnygxeal mask airway product is used by many people, rich or poor, at one time or another, i.e. the whole world of people are its prospects.  Hopefully, it  shd  move north at least to its IPO price very soon?       

 

Forgot to add JP Morgan also calling for a buy yest in their research report. TP ard 70 cents i think...

 

LMA

0.585

+0.025

+4.5

4,919

10

0.585

0.585

270

0.595

0.580

MFG

LMA up 4.8%

 

Thanks happyseah for selflessly sharing the info.  Sooner other brokers, besides OCBC research, will call for a buy on this "shockingly" undervalued share which was listed in 2005.  More than one year below IPO price - upturn shd be fast - oversold?  

 

OCBC research calling for a buy today. Said the stock is undervalued...

 

management buying back in action???

 

Buy now if you want to enjoy a strong upward spring. The tug of war between buyers and sellers is over. the rebound could be strong

 

Jackjames...

I agree with you...

I know Hikitty is  very  very  loyal to the chosen counters.
That's why I have been supportive rather than critical...

Anyway, in my experience, nothing can change another's preference.

 

iPunter, don't be like that la.. give her some hopes can or not..

i found that she is very passionate on LMA and starcruise, heee..

 

hikitty...

Nov 2007 is still a long way off...

In the meantime, only uncertainty remains... :)

 

According to LMA's  release (available on website), it has filed for damages from Ambu.  However, the case will be heard only in November 2007 (sigh -due to  the legal process in Netherlands). Likely to be awarded the claim.  Appears to be on the verge of surging upwards soon because of positive outcome ?     

 

Thanks xoefxoef for your effort in putting up the posting.  LMA is fundamentally sound, but  it's still way below its IPO price.  Appears oversold, and when it surges it shd be fast to make up for lost time?