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Large Selldown of Blue Chips in last min of trade
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sthh1026
Member |
04-Dec-2008 18:02
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There seems to be single or dual blocks of trade of a few hundred lots of UOB, OCBC, DBS, Kepcorp, Sembcorp and other counters that brought down the STI. Any information on this? | ||
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Hulumas
Supreme |
04-Dec-2008 17:57
Yells: "INVEST but not TRADE please!" |
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All blue chip will be in downward trend to find its justified to each PTB ratio of some figure <0.88, in this unprecedented financial turmoil capital market era. I keep selective buying to stock with PTB reaching <0.7 for blue chip and large capital share, <0.55 for mid. cap. share, <0.45 for small cap share and <0.30 for penny share, also <0.2 for underperform yet recovering penny shares!!!
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sthh1026
Member |
04-Dec-2008 17:45
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Anyone notice this? Doesn't seem regular. I notice that there was a large selldown of quite a lot of blue chip counters during the last moment of trading. (Or is it the post-trading hour) at prices below their current asking value. | ||
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