Two Weddings

It was one week of weddings too many.

Romance

The week saw me attending two weddings.

On Saturday, I attended my nephew William's wedding with Jo An and yesterday that of a close friend's son Daryl Teh with Guat Ai.  Daryl is the only son of Derek and Catherine, my varsity mates

For William's I had to attend the tea-drinking ceremony with Brother Gee Tan and sis-in-law at Putra Heights and well as partake the lunch buffet.

While the first occasion dinner went Italian with a band and singer providing entertainment, the latter was just a usual Chinese affair without much fun fare and the normal yumsengs.

Food for both occasion did not live up to expectations though the ambiance at Caio in Kampong Pandan for William's do was splendid with fountains, dancing and all. Daryl's do at Grand Dorsett was more stately.

Relatives sang to the band and they even invited a international competition singer to sing Whitney Houston's  classic, " I will Always Love You" at William's do.

A Milestone Event

The Skpe video relay from Holland transporting images of Robert, William's brother  and Grace and baby K Jim to wish the weeding couple al lthe best was a delightful departure from most weddings.

Well, I hope there would not be too many weddings in the near future because it drains one financially.

Astro-Barely There

Sad Loser

Astro is a counter that failed the litmus test of a good viable counter for an IPO.

It was shot dead on listing.

Except for a lot of  200,000 units traded in the early moments of trading, the morning session trading for Astro is definitively retail-driven and none in a hurry to collect the stocks.

There seems to be no strength in the moving up for this counter though it hesitatingly moved up by 3 sen to RM 2.90 after scaling RM 2.92 at a certain short stretch.

If it moved up too fast, sellers will come out of the wood-work. The most fearsome will be day-traders who will move the price up to sell and then push it down to buy to cancel out trading positions of the day.

So for those intending to get into Astro, expect no surprises but organic growth in price in the short term until huge volume indicators come  onto the radar.

Bad IPO Offering

We will await how the afternoon session fare.