NetLink Trust *Official* (SGX:CJLU)
- Thread starter Shion
- Start date
Is there any bad news? This is supposed to be a stable stock... yet kenna pump and dump...
True it's not a huge drop in terms of %, but that's 5 pips down for a normally stable stock... must be big boys selling down. The last time it surged from ipo price all the way up to 0.89 also due to institutional buyers I guess.
coolhead
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Doesn't sound normally stable to me if look at past 1 year, the variation from peak to trough is 17% whereas the sti index is 14%. I get your point but really, if you have to attribute a story to every fluctuation, sounds stressful to me.
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peacefulday
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Always got a feel that it's been manipulated by a few big one. Insider trades between them in million shares of transaction at specific time slots. They do the swing.
peacefulday
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just curious what do you mean by extra $200 profit after previous sold?
85c now... so disappointing... Thought this should be a stable counter but its price seems so easily manipulated.
starfish.starfish
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It’s the stock mkt, no price movement is dead stock liao lah.
kenplicity
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What/who makes u think this stock should be stable?
Bcos it's a boring stock with rather predictable and stable revenue... it's in a defensive sector.... another similar counter is Keppel infrastructure trust fund...
Anyone think otherwise?
Anyone think otherwise?
So long it doesn't go below my entry price and the DPU is stable, I am happy liao.
If the price does go below my entry price, it could also be good time to add if no change in fundamentals.
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coyote
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What you said is as good as you never say anything. If no change in fundamentals, why would the price fluctuate?
lightchaser
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do u see prices also fluctuate everyday on almost all counters ? so means they also hv fundamental changes ?
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