17-08-2012, 06:09 PM
Indeed Kelvin ........... it seems that yesterdays' SGX trading in LHT shares was an aberration......... a rather pleasing aberration for those value investors who were able to add to their LHT holdings. We'll see going forward.
Today LHT closed ~ 11.1/2% up at S$ 0.117 per share - there was one lot done at S$ 0.117 during the mad 5 minutes at the end of the day - all other 137 lots were done at S$ 0.120 per share. LHT made it to the SGX Top 20 % Risers list (it was in the Top 20 % Losers list yesterday!). Interesting that at the SGX's closing, the total buy orders in the queue from S$ 0.105 upwards totalled 250,000 shares.
Pleasing that even without any recent positive interventions by LHT Executive Director Ms. Yap in the form of further LHT share purchases that the share price appears to be holding its own (may be she was a buyer today??!!). I believe LHT's 1H2012 results, its ~ 37% discount to NAV/Share and a couple of appealing upsides more than justify this.
Vested,
Today LHT closed ~ 11.1/2% up at S$ 0.117 per share - there was one lot done at S$ 0.117 during the mad 5 minutes at the end of the day - all other 137 lots were done at S$ 0.120 per share. LHT made it to the SGX Top 20 % Risers list (it was in the Top 20 % Losers list yesterday!). Interesting that at the SGX's closing, the total buy orders in the queue from S$ 0.105 upwards totalled 250,000 shares.
Pleasing that even without any recent positive interventions by LHT Executive Director Ms. Yap in the form of further LHT share purchases that the share price appears to be holding its own (may be she was a buyer today??!!). I believe LHT's 1H2012 results, its ~ 37% discount to NAV/Share and a couple of appealing upsides more than justify this.
Vested,
(17-08-2012, 10:16 AM)Kelvin Wrote: [ -> ]all the way back up!