Probably inspired by Steve Chia, "..unless there are enough people who hates PAP, i will not return to politics ..." In my case, unless there is enough genuine investors in Ace achieve, i would not buy back Ace achieve.
Is the investor relations in existence for Ace achieve? Communications company not communicating with shareholders. The email address that was given on SGX does not exist. Undeterred, i send in another email to the email published on their website. Waited patiently for the reply but not even a single reply from them and not even a single acknowledgement reply from them. If they do not respect us minority shareholders, i do not want myself involved in this company, frustrated! A good IR is important for any listed companies. Lose your IR, lose your shareholders.
For its highly visible low price earnings multiple and higher book order from customers, Ace achieve is now lower than its own IPO price of 0.20 and is at the same price a year ago.
However fellow investors whom are already vested in Ace achieve or interested in Ace achieve should look forward that results announcement is "expected" to be released soon. Make your decision based on facts.
For me, i am done with Ace achieve. Emotions are never good friends with investing in stocks.
Regards
Niversphere.
Please read the prospectus and perform your analysis before making any investment decision. The above does not constitute a recommendation to apply for this company. I will not be liable for any losses incurred by anyone who invests based solely on the above-mentioned information
Wednesday, May 10, 2006 | Posted by Norman Oh at 12:43 PM |
Ace Achieve SOLD !
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2 comments:
Aren't you selling at a loss, looking at today's price? I still have a 100k bought above 20 cents. waaahhhh.......
I did not sold at a loss, in fact i averaged up from my initial and sold at a smaller profit. Expect Ace achieve to announce its results soon.
Cost: Potential earnings and great opportunity costs
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