Stabilisating Action Day 7 (Jun 6)
2,000,000 units purchased at $0.90 - $0.905
Total units purchased to date: 19,527,000
Total stabilising units left: 52,313,000
Slightly more units purchased compared to last 2 days but should have enough to last the stabilising period; unless the bloodletting continues in the market.
Yet another substantial shareholder,
Thornburg Investment Management with a stake of 5.14% (73,814,000 shares). Based on their
SGX Annc (reported in USD), their average buy price ought to be around $0.905 to $0.91.
The daily volume remains huge, 14,842,000 ($0.90 to $0.915) on 7-Jun, out of which, only 2,000,000 @ $0.90 to $0.905 was by the Stabilising Mgr.
I wonder what's the main attraction of APTT to these Funds & whether it's short term or long term...
Tikam FNN i already hesitate. This one if i can swear, i will swear.
one of the usual tricks is to "suck in" or attract other buyers by "faked buying"...Once everyone else has been sucked in, these funds will dump at higher prices...
Most shrewd investors buy quietly when no one is buying or interested in a counter, and they start to sell when everyone else is rushing in, tripping and falling over one another..
(08-06-2013, 11:52 AM)KopiKat Wrote: [ -> ]Yet another substantial shareholder, Thornburg Investment Management with a stake of 5.14% (73,814,000 shares). Based on their SGX Annc (reported in USD), their average buy price ought to be around $0.905 to $0.91.
The daily volume remains huge, 14,842,000 ($0.90 to $0.915) on 7-Jun, out of which, only 2,000,000 @ $0.90 to $0.905 was by the Stabilising Mgr.
I wonder what's the main attraction of APTT to these Funds & whether it's short term or long term...
Just posted an article on Macquarie Capital - the ultimate managers of APTT... a must read for anyone that owns APTT for important background...
Will wait until stabilisation action stops and market stabilise before considering this.
(10-06-2013, 10:34 PM)lonewolf Wrote: [ -> ] Stabilisating Action Day 9 (Jun 10)
5,500,000 units purchased at $0.895 - $0.91
Total units purchased to date: 25,027,000
Total stabilising units left: 46,813,000
You missed out Day 8 (7-Jun), 2Mil units @ $0.90 - $0.915. Also need to deduct from the balance.
Stabilisating Action Day 10 (Jun 11)
5,500,000 units purchased at $0.87 - $0.89
Total units purchased to date: 32,527,000
Total stabilising units left: 39,313,000
Another 5.5 million units in action today. The purchase units has gone up inversely to movement in STI.
Stabilisating Action Day 11 (Jun 12)
3,954,000 units purchased at $0.865 - $0.875
Total units purchased to date: 36,481,000
Total stabilising units left: 35,359,000
Price bought is dropping. More than 50% bullets gone. Still around 19 days of stabilising to go. Will JPM run out of bullets before then? Stay tune!
