[sgbuffett]

News already released no longer a gem

Just because news is out does not mean investors have fully taken into account implications.

Many won't buy just because the stock went up to 3 times price at beginning of the year.

At the end of the day a stock will move closer  to its true value..

Because of people taking profit and being afraid to buy because the stock went up quickly, i just see another chance to get in as the stock remains significantly below true value.

Dont be afraid because others are afraid. If yout know what you are buying and have done your homework dont let the "wrong thinking" of others stop you.

[sgbuffett]

Thakral Gemlife IPO go for fast track

https://www.afr.com/companies/financial-...610-p5m665

[sgbuffett]

Underwriting completed successfully....value locked in .

Congrats to all shareholders.
.
https://www.theedgesingapore.com/news/ip...-will-take

[sgbuffett]

IPO date fixed 3 Jul

https://www.theweeklysource.com.au/finan...-confirmed

[p1acebo]

It’s silly to buy at sky high prices now. The time to buy was a few years ago.

Only kum gong will buy now

[sgbuffett]

With the IPO details released
Here is a summary of Thakral fianncial change
42% increase of assets to $512M.

Despite some profit taking jn recent days, i took the chance to buy more at below $1.50 level.

[sgbuffett]

It’s silly to buy at sky high prices now.  The time to buy was a few years ago.

Only kum gong will buy now

I have bought below 50cts.

Because price has tripled does not mean it is "sky high" and too expensive to buy. 

Because of revaluation of assets to $512M ...The stock is now still too cheap given its assets and low gearing.

Stock Price is relative to financial situation becauee it has risen does not make it expensive....in fact it has not risen enough ...so i will keep buying.