Karin Technology Holdings

today morning the 40% drop, I think it was due to error trade
congrats to the lucky guy who got the 28 lots at 20.5 cents, really huat till teeth drop sia hahahahahahaha

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now go back normal price liao 30-33c

(23-05-2013, 10:41 AM)felixleong Wrote: today morning the 40% drop, I think it was due to error trade
congrats to the lucky guy who got the 28 lots at 20.5 cents, really huat till teeth drop sia hahahahahahaha

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now go back normal price liao 30-33c

Probably due to fat finger entry, 20.5 cents instead of 30.5 cents ...

I saw the trade take place, was like 9.30am
he sold 40 lots at market. cleared all levels down to 20.5 cents lol

(23-05-2013, 02:18 PM)felixleong Wrote: I saw the trade take place, was like 9.30am
he sold 40 lots at market. cleared all levels down to 20.5 cents lol

No wonder, I was thinking some unknown news or becoz of poor china PMI number

it will be interesting to see if the recent lower popularity of iOS devices and china weakness have much effect on Karin.

Karin will release full year results on 27th August
do note that they only announce results semi annually

shall see if they are able to maintain double digit growth in both revenues & earnings or not

Cheers ^^


for those interested to know more about karin can take a look at their previous 1st half results slides at

http://karin.listedcompany.com/misc/corp...022013.pdf

(vested)

results out, its no good as earnings fell 8%

http://infopub.sgx.com/FileOpen/Karin_FY...eID=254006

revenues fell 22% and profits fell 42%
GG max for this stock

http://infopub.sgx.com/FileOpen/Karin_HY...eID=274280

felix is out of this?

Drizzt I pm u ^^