Loaded some shares directly at HKSE at day low of HK$ 2.73 Don't need to be so troublesome buying on SGX and transfer to HKSE since the price is attractive at roughly S$0.44 per share. Will hold till it is back to HK$3.00 level.
erelation, do you know why the company held a briefing for analysts in HK instead of Singapore? I don't see reports on their events in Singapore but first time they have one in HK after dual listing. They are getting more friendly investors there which is why the valuation in HK is higher .
TECHCOMP: Stellar Half Highlights Healthy HK Listing
Did anybody ask the management how are they faring in China when the sentiment towards Japanese brands is so bad now. Noted their key principal is Japanese (Hitachi)
I am quite sure that the Company did not issue a profit warning given that most of their sales are in 4Q and the Japanese-PRC crisis hit in September.
Things may not turn out to be good in 2012. But I believe mid-long term, we will see better improvements.