Friday, August 26, 2011
Bumi Armada hit the lowest since IPO
Bumi Armada Bhd, controlled by tycoon T Ananda Krishnan hits the lowest price since listed last month.
The biggest IPO of the year closed the morning session at RM3.56 and its IPO price is RM3.03.
Why, it dropped so much? A RM0.24 lower than yesterday close.
My hand is getting itchy because eager to buy now.
Oh well, better wait and see. Have to find out why it dropped so much before invest on it.
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