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KN report on Wah Seong

Monday, February 18, 2008

I was given a heads up that Wah Seong (Waseong) had fallen drastically today.

Here's a snapshot of how Waseong traded half an hour ago.



What intrigued me was that I had just received a copy of KN report on Wah Seong a couple of minutes earlier!

Here's a snapshot their report.



Note the price marker put on the report. Trading Buy at 3.06.


Hmm... I found it so strange that KN decided to publish a report on Wah Seong after the stock has fallen some whopping 46 sen (Waseong opening reference price for today was 3.52) in the midst of trading day.

And what's more amazing was the Trading Buy price target is at 3.44. A price which is below today's opening reference price!! Hmm... a Trading Buy?

How?

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