Latest Forum Topics / LMA | Post Reply |
LMA is as dead as "ghost town"
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ten4one
Master |
10-Mar-2008 06:50
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You're rite 'cos of The Market's valuation of LMA and not 'cos of LMA's NAV! If the share px of LMA is directly related to USD, then the falling USD should in fact adjust upward the px of LMA to reflect the actual trading px as you now need less SGD to buy USD!!!! Therefore, the falling USD may not have too much impact on the falling share px of LMA. It is MR Market's valuation prevailing at that time!!!! BTW, how soon could soon be????? Or it is just one 2moro after another????? Cheers! |
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stewartgoh
Member |
09-Mar-2008 22:47
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I am proven right! Last traded price 23c! With USD dropping, this bloody LMA should hit S$0.20 soon. |
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ten4one
Master |
29-Feb-2008 11:51
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USD0.15 is the Book Valuation LMA and it is only a rough guide of the NAV of the Company. The more apt valuation of LMA should be 'The Market Valuation' which is different from the Accounting Valuations. Cheers! | ||||
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stewartgoh
Member |
28-Feb-2008 21:42
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Be patient .... will drop back to 24.5c, or even lower !! NAV only US$0.15 giving only S$0.21 at best. If give discount, then ..... company shares cheap cheap at S$0.15 ?!?! | ||||
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doshur
Member |
28-Feb-2008 12:00
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now then bounce back... so unlucky did not buy a few days later... haizzz... | ||||
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iPunter
Supreme |
28-Feb-2008 10:32
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I agree with sifu...:) |
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ten4one
Master |
28-Feb-2008 10:22
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Haha...that makes the Market interesting isn't it? One Fund sells another buys. Be on the Buy-Side or the Sell-side......right side or wrong side? You're only right when the Market agree with you and vice versa! As a Retail Investor it is best to ignore such 'noise' and act according to your own judgement based on your own data. Cheers! | ||||
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stewartgoh
Member |
28-Feb-2008 00:18
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No use lah. Wasatch Inc sold 555k @26c. They have 34m shares more to offload ... | ||||
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jackjames
Elite |
26-Feb-2008 21:44
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Porter Orlin LLC bought 5000 lots of LMA i think dead cat still can rebound, the purchase announced yesterday night, but obviously didn't stir the public interest today, but tomorrow? |
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stewartgoh
Member |
26-Feb-2008 21:29
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Don't bother with this company. This is a hopeless one. Use your money better on others. Even at such depressed prices, neither the Directors nor LMA itself sees it worthwhile to buy back the shares though it has mandate. Speaks volume of their own confidence of the company. No? | ||||
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zhuge_liang
Supreme |
26-Feb-2008 20:59
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Credit Suisse lowered price target for LMA to $0.37 from $0.45; keeps stock at Neutral. Broker says company's 4Q operating performance was "slightly weaker than expected," as a result of higher-than-expected selling, general and admin expenses; has cut earnings forecasts for FY08, FY09 to reflect this. Adds, "profitability is expected to continue to be affected by aggressive competition, the company's investments in human resources and marketing and litigation costs." | ||||
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winsontkl
Elite |
23-Feb-2008 17:32
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Right on ten4one....doesn't meant the actual price will reflect correctly in accordance to the profitability of a company....there are too many variables affecting the up and down of the share price.... | ||||
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ten4one
Master |
22-Feb-2008 13:54
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The share price of a Company depends on the Market and it doesn't matter how much the Company is really worth. If Mr Bear thinks LMA is worth less than 0.265c then he would sell-off at this price or higher. On the other hand, if Mr Bull thinks LMA is worth at least 0.35c, then he would accumulate at 0.265c or lower. That is why the Stock Market is so very interesting. And don't forget, sometimes sentiments could randomly push the share pxs up or down without any rhymes and reasons! Cheers! |
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jackjames
Elite |
22-Feb-2008 12:02
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ten4one, you are right .. by the way, isn't UBS has their own fund manager keep buying shares all around the world? i know u bought at 0.35, doshur, heeeee.. anyway, tempted to just place 20 lots tikam tikam to try my luck since TOTO cannot kena. |
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doshur
Member |
22-Feb-2008 11:18
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this company only worth 0.265 meh??? haiz... | ||||
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ten4one
Master |
22-Feb-2008 10:55
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jack, it is not UBS's darling. They're buying on behalf of Clients. At .265c is indeed an attractive px to accumulate for the LONGTERM. To be fair I'm looking at 1 year in order to see some Good Results. Hopefully, in another year they announce their 1st ever dividends payout - if not, at least let Investors know why they're not paying dividends! Cheers! |
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jackjames
Elite |
21-Feb-2008 23:39
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not to forget , this is UBS darling stock. | ||||
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jackjames
Elite |
21-Feb-2008 23:38
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It didn't drop immediately the next day, but now close to my target of 0.265... well, if you want to buy for dead cat rebound, time is now, as from now until the next quarter results announcement is another 3 months away, should be able to head to 0.34.
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novena_33
Veteran |
21-Feb-2008 23:31
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not sure if it bounce...today...it close all time low...bro... | ||||
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jackjames
Elite |
21-Feb-2008 19:53
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dead cat might rebound lei? never know lei.. business times report, target price is 0.34, Hold rating. |
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