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Most poeple still have bad impression of this company.
I think still have some rooms to go down. When it it 50 to 60 cents, then maybe I come in...
shadowfudo ( Date: 22-Dec-2021 17:28) Posted:
Aztech deserves to get the " most dunked IPO" award (at least over past 5 years). From IPO price of $1.28 to $0.80, a plunger of 60% in 9 months. SIAS should present this special award to Aztech (like the Golden Raspberry award which is to give recognition to worst movies of the year).
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https://www.straitstimes.com/business/companies-markets/sgx-changes-delisting-rules-to-protect-smaller-investors
So let' s wait till FY 2021 year end results looks like some Bbs are just cashing out.
otcand ( Date: 22-Dec-2021 21:16) Posted:
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Aztech deserves to get the " most dunked IPO" award (at least over past 5 years). From IPO price of $1.28 to $0.80, a plunger of 60% in 9 months. SIAS should present this special award to Aztech (like the Golden Raspberry award which is to give recognition to worst movies of the year).
I' m one of those who invested in this. It' s been a torture over the last few weeks. I kept believing in what seems to be good fundamentals of the company. It' s been a most painful and expensive lesson. After cutting some loss I' m still holding some position, but with this current price, I don' t know what else to do already...
shadowfudo ( Date: 22-Dec-2021 15:48) Posted:
Aztech simply fell off the cliff to below 80ct. Board approved share buy-back but it looks like the Mun family gave up supporting this stock.
Or maybe letting the price drift to the floor, then de-list again (deja vu of 2017 episode). sorry to those who invested in this bugger
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Aztech simply fell off the cliff to below 80ct. Board approved share buy-back but it looks like the Mun family gave up supporting this stock.
Or maybe letting the price drift to the floor, then de-list again (deja vu of 2017 episode). sorry to those who invested in this bugger
all the fuss of share buybacks fizzle off.......
Maybe will do an exit offer at 42c again. Same as 2016
Lost 1/3 of ipo price of $1.28. Go Holland. 🤬 🤬 🤬
such a disappoint ....sliding down everyday....
either no move much, or one plunge go so far down sia
sad, i continue to hold... as long as they dont delist ....
Actually, they have new customers and new higher-margin products, but they rarely provide market updates so nothing to excite the market to push up the price, apart from there qtrly financials
May be better wait. This ding-dong omicron play may continue for quite some time.
When Dow/STI goes down, this one goes down, when Dow/Sti goes up, this one still goes down. So this is likely to go down some more.
Not many catalysts, only their quarterly financials, and even with record profit, price still went down.
Should eventually pick up, almost all analysts had tps of $1.70 and $1.80. That' s now a loke, but $1.20 still can by March.
Now 88.5 cts. Seems to have no bottom....
Wonder if it' s a good buy at this price
Track record no good and Share buy also cannot support the price.
oversold.. due for rebound.. load some if drop somemore.. aiming $1..
anyway, with $1 budget, there are so many good stocks for you to pick than this Aztech.
haha I guess just that too long have past since the last dividend and not any dividend is in sight, investor losing patience with it
I thought their business report that came out a few days ago is good lei
Nothing is impossible in business...They can delist 1 time, they can delist the 2nd time. We will wait till it drop to 20cents then the boss will delist at 30cents...hahaha
Nonsense. People who have no trust and got burnt in Aztech 1.0 have all along stayed away from Aztech 2.0.
May be some other reason. They got a share buyback mandate but don't sem to be using it well.
Invest1 ( Date: 02-Dec-2021 11:40) Posted:
| People have no trust for this company anymore...delist again soon. |
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People have no trust for this company anymore...delist again soon.
