In Nov2011, I mentioned on trading/investing on Leader would be a safe strategy if one manage to observe the chart carefully. The price movement will tell whether the takeover really is serious or not. And on 16/May, she has traded at RM1.10 (the take over price), so I decided to take profit. I only managed to sell at RM1.09 since too many lots were queued at RM1.10 which I've tried for a few days and not successful.
So, is it okay for a gain of 11% for a 6 month period ? Well, I think is quite good, imagine you only can get 1.5% for 6 months period if you put your money in FD.
For more details of how to observe a chart, you can check back the link below.
http://www.reiccs.blogspot.com/search/label/Privatisation
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