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Regarding Crest Builder Again

Wednesday, November 15, 2006

Blogged on Crest Builder on the 14th Nov ( here is the link to that blog posting ).

Now what's even more strange is this announcement posted on the Bursa websie on yesterday 15th November. ( see
Changes in Sub. S-hldr's Int. (29B) - Yong Tiok Chin )

The timing of it is really strange, isn't it?

Now I do understand that some times certain research reports tends to be overly optmistic but this incident regarding Crest Builder leaves a really bad taste, especially the manner in which the writer boasted that Crest Builder has risen some 24.2% to 1.18 in a space of just one month. Alas, how short his memory was for he too recommended the same exact stock back on 6th May when it was trading at 1.12. So if one purchased his recommendation back in May at 1.12, there is really nothing to shout about, is there?

Anyway, isn't it strange that one of the shareholder had disposed some 2,507,000 shares in Crest Builder on the very same day that OSK released that same research report?

Strange timing or what?

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