Monday, September 17, 2007

Malaysia stock Stemlife share price rebounded after The Edge writeup

Stemlife stock which shot up like a rocket from from RM1.00 to RM5.60 in less than a year but recently experienced a sharp correction to below RM4.00.
The share price rebounded after a big write up in The Edge last week. Interestingly, Berjaya owns more than 20% in Stemlife, and Berjaya also owns more than 20% in Nexnews (which is the owner of The Edge in Malaysia).......hmmm don't you think if someone is writing about "related companies", he or she should have a caption to remind readers. This will mean better corporate transparency and also to avoid any potential conflict of interests.

No comments:

Post a Comment

About Me

enjoy stock and forex trading