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Asiamedic Stock
By Singapore Stocks Investing (SSI)  •  January 3, 2013
Today, Asiamedic stock is the top-gainer stock in the Singapore Stock Market with a gain of over 35%. The stock was trading at around $0.132 this afternoon, which was 37.5% above its closing price yesterday at $0.096. I checked whether there was any company announcement in the afternoon which would probably explain the significant increase in Asiamedic stock price but there was no such announcement. On the other hand, SGX raised an enquiry to Asiamedic regarding the significant increase in its stock price this morning. I still remember the most recent announcement coming from Asiamedic was two months ago when it announced its expansion plans into Mynamar, even then, that announcement did not translate into a large increase in Asiamedic stock price.

One interesting thing occurs today. I have held quite a good number of Asiamedic stocks for some months before deciding to sell all of them ...
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By Singapore Stocks Investing (SSI)
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