malay chinese have deep pockets

Obviously in light of the overnight DOW, RAU is holding up well today....and that is for a couple of reasons in my opinion.

Firstly, while there are some profit takers as there always will be, the potential of RAU is becoming well known amongst a tighter group of major holders and they are simply not selling. The traders are being flushed out as each day passes.

Secondly, the word is spreading across the Malay/Chinese community, and it is this community that is making a real move on RAU. They don't call it Chinese Whispers for nothing.....

Remember Roger Tan is connected with Hong Leong (he was 2IC until he retired) and the guy that took his place as 2IC is also one of the investors in the recent placement. The Hong Leong group is one of Malaysia's biggest and most successful conglomerates.

Also, these guys are the ones that control MIS and let's not forget that it has gone from 20c to a +$5 share today with a maket cap of +$1 billion....and as a side issue it's share price has only slipped 1.4% today while most others have dropped 3-5%+++

The Malay/Chinese are looking for their next MIS and they believe they have found it in RAU. The best of all is that many of us found it before them so we got in well below their 7.5c.

Good luck to all and of course DYOR