
Dun worry,by end of the day,the price will go back to 1.15 or 1.16.Ppl sell to make small profit and contra player sell to minimise loss.This counter is consider blue chip,price wont drop so much.
THere is alot of sell down since morning. Hope the price will go up soon! today is just the 2nd day. Maybe half a day cos yday half day trade only
mayb i should change to short this counter... :(
let go all 10 lots at 1.12. lost 7 cents
there goes my milk money... :(
wow first day already closed with an inverter hammer.... either at all time high or all time low...it seem to be at all time high and will drop to 1.08...
If MIT close below 1.08 & hv more dan 200k vol today.
Means 大鱼在放票!
I hope not... : (
Bon3260 ( Date: 21-Oct-2010 13:24) Posted:
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this is purely a divident play lah..at current price the yield not really attractive...so the only direction is for it to go DOWN to make the yeild more attractive....and the gearing is >40%....which is rather high....i will SHORT ! :P
Some brokage house think it is worth 1.10. Dont rush. Top up later for those have it yesterday.

Vol. too huge & moving v v fast. Really v v hard 2 c whether BBs r running rd / doing monkey show...
But if u ask me... 51% actually BBs r collecting instead.
4 me, I'll wait 4 / 8 days later. Wait those ctr players throw & collect cheap px...
Note:
- On line trade = 4 days due
- Off line trade = 8 days due
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1.13 now dammit T.T
hmm isnt it 116
Bon3260 ( Date: 22-Oct-2010 08:57) Posted:
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MIT opens 1.17...
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i put a bit too much into this... i got total 40 lots.. so if this falls.. hahaa i will have to vomit back the $$ i earn on tuesday.. lol
epliew ( Date: 22-Oct-2010 07:32) Posted:
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contra buy 10 at 1.19. ipo 1x .93. now facing loss
epliew ( Date: 22-Oct-2010 07:32) Posted:
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another few thousands dollars for milk milk.....
u are so lucky.....
how many lots you got there ?
bladez87 ( Date: 22-Oct-2010 06:46) Posted:
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But still the price should go up a bit more today, right? Just my view.
bladez87 ( Date: 22-Oct-2010 06:46) Posted:
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you quite optimistic. but my main concern is this is a yield stock, not growth, as such chances are BB might not want to hold it for long.
elton81 ( Date: 21-Oct-2010 23:30) Posted:
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IPOs like this can realli bring in money. my god. went from 0.93 to 1.15 opening price.
http://sgsharemarket.com/home/2010/10/mapletree-industrial-trust-debuts-at-s1-15-vs-s0-93-ipo-price/
Maybe BB will dump MIT and go for MLT..??
Both have same backer..
MLT has a more globally diversified portfolio..
Current yield of MLT is 6.8% as compared to MIT 6% at current price..
MLT is cheaper and better value than MIT now..
Both have similar gearing too.
MLT has a proven track record unlike MIT.. even though both management are the same...