Thursday, October 13, 2011

Tiger Airway Holdings Ltd - update

Mr. Anthony Alfred Peter Davis is the Group President and Group Chief Executive Officer, Executive Director of Tiger Airways Holdings Ltd is selling off his rights-issued shares. This was a show of no confident in his company at least in the short term. My previous posting target price of S$0.066 was reached, currently trading at S$0.655 per share. As such, without further news, spikes&curves change our view on Tiger Airway to neutral

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