astra is a tv station?
rayoflight ( Date: 03-Jul-2015 17:26) Posted:
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With the rights still trading until 9th July, still expecting a little lao sai. Long term wise 6mths-12mths should be able to take a decent profit.
The last time they did a rights issue was 2003.
They intend to use the SGD1bil proceeds to pay down 82% of the term loans of US$626 million drawn down to acquire a 24.9% interest in Siam City Cement Public Company in April. So they still have 370mil to shore up their balance sheet or make aquisitions?
I dont see their parent JSH selling any shares of JC& C and they will fully subscribe to the rights issue.
Probably they are also taking this chance to buy at a cheap valuation.. be patient!
 
 
buy slowly..
been adding today.. but dunno when it is gonna bottom so staggered my buy.. but at current price, P/E is about 10-11, i would say the valuations are pretty safe now. Of course, JC& C is very much dependable on Astra and indonesian mkt. Indonesia economy is still weak..
thankee bull...hmm..not easy to know when is time to buy... hmm... may haf to buy tampok tampok first.
BBbull ( Date: 03-Jul-2015 15:52) Posted:
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Some resistance around 31.40-31.50 level will be good to pick up if it reaches there... make sure you get in before rebound tho.
Not too sure why its coming down also, company didnt announce anything. Price looks really attractive to purchase a few hundred. Long term sure go up one, ones it goes up it will bulldoze its way through
wah this one kaypoh... mind your own business eh..i ask someone else politely yu need to kaypoh ah?
edwinjup ( Date: 03-Jul-2015 14:35) Posted:
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Go and buy a copy the edge singapore.....lol
Woods30 ( Date: 03-Jul-2015 14:34) Posted:
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Hi...what would be a true value for this stock you think? thnk u
earlybird14 ( Date: 09-Mar-2015 14:24) Posted:
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Is like it is going to hit 29 very soon.. maybe just 2 weeks time if the brakes did not apply..
Good question .... I am also looking for an answer....  :)
cooldred ( Date: 01-Jul-2015 09:04) Posted:
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Can anyone tell me what happen to this stock, is it because of the rights that' s why drop until like that.. 
Looks like dropping non stop... 
A gd time to go in now?
Took profit. Stay sideline. wait for next clear signal.
earlybird14 ( Date: 13-Mar-2015 14:39) Posted:
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Yes, I think of buying some at $38 too for long term. Hopefully, their Indonesia business can perform better with the new government .
If break below 40, can consider entry at 38.9 level.
Be careful though rhis stock reversal can be sharp. Especially dividend play until xd
Be careful though rhis stock reversal can be sharp. Especially dividend play until xd
Sub 40 is coming. 7% x 10% margin, close to 70% profit.
no support so far, please drop more, will take profit anytime if supporr found.
Support broken. See how is the power of shortseller to bring to low level.
41, down down down!!!!
earlybird14 ( Date: 09-Mar-2015 14:24) Posted:
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