KSD: Explanation for 5 consecutive ceiling-hitting sessions

On 14/09/2011, South East Asia Hamico Export JSC (HNX: KSD) explained the stock ceiling hitting for 5 consecutive sessions from 07/09/2011 to 13/09/2011 as follows:

- In early 2011, stock market fell consecutively and many shares including shares of South East Asia Hamico Export JSC decreased in price

- From 07/09/2011 to 13/09/2011, price of KSD shares had 5 consecutive ceiling-hitting sessions. Reason for the ceiling-hitting is that price of KSD shares had decreased very low (Lower than its book-value). Therefore, when there are good signals from stock market, KSD has received interest by investors

- The KSC stock ceiling hitting for 5 consecutive sessions was out of the control of South East Asia HAMICO Export JSC.

HNX

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