Market Review and Trends
Market View 11 June 2013
By Singapore Stock Lobang  •  June 11, 2013
STI were up 16 points yesterday but most of the penny stocks and mid-caps suffered heavy losses. We can even see some really impressive fall from grace in some of the recent crazy horses. They include: Cordlife 84cts -21.5cts or -20% ISDN 1.095 -24.5cts -18% Halycon 83cts -15.5cts -16% Dukang 60.5cts -2.5cts -4% Sinarmas 67.5cts -8cts -11% XMH 42cts -3.5cts -8% Swiber 73.5cts -3cts -4% SinoGrandness 1.40 -4cts -3% Some of the above-mentioned stocks lack the fundamental to justify their share price and it is high time that they are back to the ground after all the hype-up. But some like Dukang, SinoGrandness Swiber and Sinarmas have the fundamental backing and I believe that they will be back in the limelight rather quickly again. I should also highlight a couple of Greens that I saw in my watchlist. It is ......
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By Singapore Stock Lobang
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