If analysts could predict stock prices... they wouldn't be analysts!

I'm going back in to average down my cost... coz' I have faith!

@listen_to_me> Yes, it does have a tendency to trade at a premium to the mother... but there's never a certainty in the stock market. Perdana Petroleum warrants traded at a discount to the mother for some time before it reached parity, and there was an arbitrage opportunity there. I don't like to give stock market tips but for what it's worth, I'm in it for the long haul and my target price is closer to RM3 for the warrants.

@ listen_to_me> Exercise price is RM3.18. Need to check on warrant expiry date but I believe it's sometime in mid-2016.

Warrants now trading only at 7 sen premium to mother. Will be interesting to see if it succumbs to parity or re-establishes a premium pattern. Historical premiums for this warrant have hit as high as 50 odd sen to mother.