ARR - Arasor International

[billhill]

Just found this on google news. This company developed the chips for the new laser TVs. They are saying they will replace plasma TVs.

http://newpaper.asia1.com.sg/news/story/0,4136,115526,00.html

This company is about to float on the ASX oct 19. What do people think?

 

[pods]

Technology sounds good, could be a winner. As for ARR, I'll watch them. I figure they'll start good. Perhaps as more information find its way to shareholders and the public though, you'll see the price slip as their involvement in the production of the technology may not be as significant as one thinks as reading though the various sources out there on the web.

Still, i'll be tracking its progress.

http://www.arasor.com.au/

 

[billhill]

Yes there aren't may opportunities on the asx to invest in tech stocks bumping shoulders with those in silicon valley. Could be one to watch.

 

[spitrader1]

ARR arasor

anyone looked at this one?? pattersons have research out on it at 6.00, specualtive buy, its around the 1.90 mark currently...

 

[marklar]

Re: ARR arasor

I grabbed some when it started trading on day one at 1.55, I'm happy with it thus far

m.

 

[spitrader1]

Re: ARR arasor

anyone looked at this one?? pattersons have research out on it at 6.00, specualtive buy, its around the 1.90 mark currently...

nice little rise in this one today.

 

[patomunoz]

Re: ARR arasor

anyone looked at this one?? pattersons have research out on it at 6.00, specualtive buy, its around the 1.90 mark currently...

Got a linky to the patterson report?

 

[spitrader1]

Re: ARR arasor

Got a linky to the patterson report?

no i dont sorry..this one continues to rise..

 

[marklar]

Re: ARR arasor

no i dont sorry..this one continues to rise..

And then some....

Is there an announcement due anytime soon?

m.

 

[spitrader1]

Re: ARR arasor

And then some....

Is there an announcement due anytime soon?

m.

not sure-im out at 2.30

 

[marklar]

Am tempted to raise my stop right now based on todays' trading...

It's the age-old question of when to flinch

m.

 

[spitrader1]

Am tempted to raise my stop right now based on todays' trading...

It's the age-old question of when to flinch

m.

depending on where ure stop is yes, id move it. move it to something like 2.20..dont want to set it too tight, as this stock can move quickly due to lack of liquidity

 

[marklar]

depending on where ure stop is yes, id move it. move it to something like 2.20..dont want to set it too tight, as this stock can move quickly due to lack of liquidity

I've pushed it up twice since your post, I'm happy to take a profit if it stops going up

m.

 

[spitrader1]

I've pushed it up twice since your post, I'm happy to take a profit if it stops going up

m.

what about this stock, it just keeps going. i sold out in the hope that i might go down and i could buy some more...it appears not!!

 

[magoo]

Check out this article questioning the relationship with Mitsubishi.

http://www.about-electronics.eu/2006/10/26/laser-tv-boasts-were-nothing-but-publicity-stunt/

Has anyone seen this or something like this?

 

[billhill]

Has anyone seen this or something like this?

I had heard that the new technology was hype but if your article is true i didn't realise arasor was that dodgy.

 

[marklar]

Re: ARR arasor

not sure-im out at 2.30

It just hit my stop at 2.40, so I'm out now too. I made a respectable profit, I'm happy.

m.

 

[spitrader1]

Re: ARR arasor

It just hit my stop at 2.40, so I'm out now too. I made a respectable profit, I'm happy.

m.

thats good, disciplined trading marklar

 

[stiger]

Re: ARR arasor

It just hit my stop at 2.40, so I'm out now too. I made a respectable profit, I'm happy.

m.

2.50 today interesting.Cheers

 

[reece55]

Agree Stiger, good volume and nice close at round about top of close for the day. Believe it or not Patterson's have a price target of $6.00 on this stock - not quite sure I would be prepared to put my money on that valuation, but certainly there is demand out there for the shares....

Cheers
Reece