$Man Oriental USD(M04.SI) that's why u should never buy into rumours or uncertainties. These people always paint rosy pictures and then kaboom! Please stay safe :(
if sold at 2.78 huat ahhhh.
Reply to @layers : This should catch alot unaware. Sold at 2.6 already Huat le. Small Volume trading trigger huge price variances.
kana whack up down left and right. 1.89 already
Reply to @Jej2609 : Flirting around 1.90 for now
since 2000, there is only 3 occasions, where the price is above $2.
2006 to 2007, 2011 and 2017...... on average 5 yrs rise 1 time....haha
Looks like another "scam" just to stir up the price. Lucky didn't get hooked.
Now that the sale is not going through and share price collapsed, I on the other hand think it's a good time to buy.
The management has other plans for it, may see the potential development profit to be more substantial. May take longer time to monetise though.
why dropped so much overnight? Revaluation of assets?
But it has sort of did a valuation of the asset. This one hotel is worth more than the whole company, ie the market cap.
Reply to @ericds : Yes. That's why the bidding prices are high.
Trade with caution.
Please stay safe and wear protection?
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