There is huge churning and trading going on. CK is making money so as to subscribe for the rights issue. The next round will be even more fierce. Stock is cornered anyway. I kicked myself for selling for small profit  and did not expect the huge run. I should have known better .It's the inversed. Usually, the price has already been pumped up before announcement so this is really the exception rather than the norm. I was betting on 80% down and 20% up.

Those that buy now better be prepared to pay up for the rights cos trading profits vs risk is no longer balanced. The PE ratios of he counter is now higher than Swiber etc.......the fundamentals have to catch up to justify the pricing.

For myself, I would prefer now to wait for the dust to settle and buy the rights. instead or if the mother share comes down to a  more realistic level, re-enter to be entitlted for the rights.

I can be wrong .........but this maid is really a runaway maid. LOL

haha..

you are right..vested in maid and really must cook abalone for it..!

Hi CheongWee,

    Thank you very much. I followed and keep till now...... You are the best. What is the next counter you will recommend ?

i thk u are now clear which way to go, right?..hope u make $$$ going forward, together with all maid lover...

wish u and all here gd luck ..... your patient with the maid is rewarded handsomely.

the last time, dow future was down 168 pts...i sold out 70%, lost much more than yours, the next 2 days faster buy back...

good that you put your $ to work elsewhere...i see good days ahead..hope your counter soar, for you to take revenge on the mrkt...dont worry u will make it up...

i can see you are shrewd the way you post..

Wah.....super bang balls!!!!!!came back home to see this. Could have made at least 30k if I held on...... : ((((

This is really win some lose some. CK is really ensuring full subscription by investment public. Have to wait for ex-rights issue to come out.

Now put funds into my other counters waiting for breakout.