Someone is pressing the price down with 100lots each time

WB has narrowed the last few trading days.

W00761kit my suggestion is match historical chart of Mother and Son side by side and use ratio to help you decide. What you will find will definitely and easily convince you. Secondly playing warrant is usually base on either gearing which uses your example above however with premium or without. In market it is usually with premium. This means you add premium to warrant and that premium added should see both the mother and son moving parallel. But without the premium you will see son lagging.
The above is one way to play warrant however the other way is the ratio gap mother and son. This is similar and should be only used when the premium varies drastically over the course of change in mother. In E&O we use this method to project.
So once you get that ratio over the few points highest, median and lowest, you will be able to adjust accordingly

Is that a question w00761kit?

Thank you for all the positive comment. More importantly E&O has obtained ALL the approval whether state govt or federal govt and also start work approval. The only thing left is the tender award which is within their own control. For those in doubt abt property prices, Imbi land just sold at another record price of 4300psf. The reason I am told is that the prices are bought at strategic places in anticipation of a inevitable boom in next 2-3 years. This boom being the cycle happening after the inflation. Also soon the HSR project will be going ahead and much the same as the inflated prices at key landings. For those who are following the prices would know key landing of MRT like Kota Damansara area (near education hub, Golf course, Hospital, schools, international schools, shopping malls, condominiums, housing, ....has gone up further 20%

Note EnO has only missed the target once out of the 10 years running.

Public Bank: E&O (Trading Buy, TP: RM2.60): On track to hit target. Eastern & Oriental (E&O) is optimistic of achieving its net profit target of RM173m for its current financial year ending March 31, 2016, based on the number of ongoing projects the company has in its pipeline. The company had set a cumulative net profit target of achieving RM450m from 2014 to 2016, with the RM173m being the “balance of target” to be achieved for this year, said deputy MD Eric Chan. (StarBiz)

I heard fr Terry Tham himself STP2 will be awarded 4 to 6 weeks fr now and not year end.

Price will formally reflect upon admission of London property to AIMS. This is similar to Focal for EcoWorld. In E&O case, debt ratio reduced mean risk reduced significantly, while 30% contribution fr UK means earlier property purchase appreciation sink in and STP2 will solidify the moving forward.
Idea of STP2 with partner will encourage growth and increase profit as overall 51% still owned by E&O while cost due to OnG decline together with construction cost will propel earnings

At the current exchange rate w London, one can treat the earlier funds as Hedged! Secondly, the entity of London will be standalone PLC with only 30% back to E&O holdings

Enid888, the tender award was delayed because many changes has occurred since end of 2014. For one, the OnG cost has drop and secondly construction too has drop. However we do not really know whether the land selling price psd has dropped? Reason being, there is still very high demand recently for Tamarind 2nd phase. To be exact 3000 ppl expressing their interest.
Rethink, if everything is bad, why is Pavreit buying GOB property ie USJ for 488Mill ie half a billion. One of the reason is Subang and its MRT landing. Similarly Gkent being the MRT contractor will not change and the fact that phase 2 will create more value

Lets Huat together.

We hv seen what happen to GOB on Wednesday and today after sales plan for Pavreit. We hv seen what happen to EcoWorld using Focal as vehicle to list in Bursa. Now E&O will be many times that. They will reduce their debt ratio instantaneously with the approval on 29 Sept on the UK properties admission UK Stock market and to bringing it down to 0.3 fr 0.6 while announcing their reclaim partner. This is a double bonus for investors as we hv seen the appreciation of UK properties and reduce reclamation cost due to lower OnG and construction cost. So in short we hv a appreciation of UK properties while cutting debt ratio by listing it local in London and at the same time reducing the debt ratio and focus on STP2 reclaim partnership in STP Stage 2A. I don't see why E&O won't sky rocket if the concern is just on general property development and construction when we hv seen Gkent moving and GOB moving.