Popular Holdings

[KopiKat]

Old man bought back 3.173million shares...why so weird? Why sell 3000 shares and buy back 3.1million shares?

old man saw kopikat 's analysis... haha

He suddenly realised the logic of 'Depressed Old Man Selling to Depress Share Price' is not going to make him richer. Now, he's turned into 'Furious Old Man Buying which Furiously Push Up Share Price'.

To borrow some TA terms, $0.18 (Sell Price on 8-Feb) is no more the Resistance and $0.17741 (Buy Price on 30-Mar) is now the Support.

corydorus Wrote: "tiny cafe within their Popular bookstores starting with one which is located in town area." interesting ideas.
With a bookstore next, will this lower the turnover of customers ?

KopiKat Wrote: If that's what they're planning to do, it's not a new idea. I believe Borders had something similar before they closed shop. Or perhaps they plan to do something with their usually empty CD-Rama section? Like drink coffee can listen to free unlimited music??

I did some search on internet and realised that at Prologue @ Ion Orchard, they actually had a cafe (JAMS Cafe). I went down on Saturday to check it out and guess what? JAMS Cafe was closed for renovation. My guess - it's going to reopen as Epilogue (Selling Premium Coffee + Sandwiches).

BTW, the crowd at Prologue was rather thin for a Saturday afternoon (I compare it with the almost packed Kinokuniya @ Bugis Junction). I doubt that it'll last very long as the rent at Ion is unlikely to be low.