2.09 confirm is the support line for today. Whether it can close at 2.10 -2.11 is still a battle.

Dont need to hope for more.

AdCool 2.09 - 2.10 closing lah...Nothing surprising for FGV.
04/04/2017 16:08

if tomorrow no uptrend, then confirm quiet for 2 weeks. Let's wait for tomorrow.

i was having meetings the whole morning and no time to monitor market. Deng....Else i would have sold 50% of FGV this morning since I already suspected it would tayar pancit after a while and then downtrend for 2 weeks. By then, end April and early May another few warrants expiring and it would just back to quiet mood and everyday down 1-2 cents or up 1-2 cents until the warrants expired. Miss this window of opportunity so have to wait for another 2 weeks.

The only thing that would really move FGV is China investor confirmed gonna buy a significant stakes in FGV. Then, the uptrend can last for more than a day lah. Now uptrend for one day, then drop 2 weeks, then uptrend again for one day and next drop 2 weeks back to square one.

2.09 - 2.10 closing lah...Nothing surprising for FGV.

tayar pancit...

Whoever trusted the below comments by superbull, rest in peace for your c18.

Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
Mar 1, 2017 12:11 PM | Report Abuse

other call warant buy /sell is q up by bank issuer ,do not touch it , no retailer play . supermx C18 is play by retailer now

today also q1 closing

All 3 warrants expired this week. Next week could start the uptrend again after 2 weeks of rest.

Old article. Why published again?

1 warrant down, 2 more to go.

pity those who have been keeping C18.

I still remember last time TM denied the purchase of P1 outright but 2 months down the road, TM acquired P1. There could be some discussion on going now. Who knows.

Haiz FGV cause me lot of heartache and headache.

FGV BOD denied any talk with China cofco or tradewind

all focus on FGV already

psychological support level broken.

We only can guess, we won't know for sure how they wanna play with it at 430PM. But that is the time when they wanna push up or push down the price. Today closing is considered very good for FGV considering the overall market sentiment. In the next 12 hours, we would know about Fed rate, Boj statement, election in Netherlands, and Fed rate. So many external factors

Just ignore newbe999. He already said he is a newbie. Just excuse him.

They may push it down 4-5 sen after 430pm

The One, as mentioned by Lko36, this call warrants expiring on 17 wont allow FGV to move up. Besides, there are warrants expiring in April and May too. If there is no genuine breakthrough as mentioned by Baharuddin, it s tough for FGV to move up. We'll know next week after this call warrants expired on 17 and also fed rate already done deal.

byebye callme777. Call me when it s back to the range of 1.50-1.60. Then it s good buy.

Just see how long can Supermax defend this RM2 psychological support line.

The other warrants expiring end of March are not really a concern due to exercise price is above 2.2 and the exercise ratio is at least above 2.4:1. Hence, anything below 2.25 won't affect the issuers to take any action. Let the one expiring on 17 March to push it down further and also the factor from Fed Rate.

already finished goreng loh. Oil price already back to almost USD50. No factor to goreng already.

Consider good that it went up 10 sen on Monday before the downtrend for the rest of the week. At least it won't drop until 1.60. Think, they have factored in the downtrend and hence pushed the price up all of sudden to 1.93. Now FGV got some buffer to defend the price for the next 3 days until Friday. If everyday down 5sen for the next 3 days, it only drop until 1.73. Imagine if they didnt push it up on Monday, it would have dropped until 1.60.

contra player gonna be wiped out in this counter as usual.

Contra player better be careful. FGV can wipe u off within this week itself before it cont it's uptrend next week after all the warrants expired and the fed rate is a done deal

As much as I would wish for FGV to go to 2.6, this week is still a critical week. Hence, I will stand my ground and not going in yet. Rather to profit less than to make loss. Kena many times by this kinda of counters.

Wow, FGV really make me wonder. Warrants are expiring, fed rate coming, yet it moves so much. Contra player beware!

As much as I'm tempted to go in, I just gonna sit tight. This week is too critical to buy. I'll sit tight until 16 March.

As long as no push up from the big boys, forget bout what Zakaria said. His statement carries not much weigh nowadays after all the poor results and scandals in FGV. It must be shown in clear black and white now i.e. Quarterly results.

Newbie4444, Parkson shares drop from RM5 since 5 years ago and never recovered. They have been shares buy back throughout the years.

Sit tight and wait after 16/17 March

One warrant expiring on 31 March but can forget bout it since the exercise price is high.

Dun forget fed meeting on 14, 15 which may cause weak sentiment and foreign fund pulling out.

Consider good that it is not going down either. Warrants issuer can press it down further if they want to.

Tomorrow is the day whether issuers win or buyers win.

With expiry of warrants soon, it won't move up much. The issuers won't allow it. Just sit tight and hang on until after 17 Mac. We may see lower price next week when the issuers press down further 5 days b4 expiry. In fact, tomorrow is critical. If they pressed it down, then they can use the same price for 3 days calculation as Saturday and Sunday market is closed.

Have to break rm2 to really move. 1.80-1.90 is nothing. Just normal fluctuation. FGV has been on thus cycle for several times for the past one month.

Just wait for the warrants to expire on 17 March

Another warrant expiring on 17 Mac already sitting with profit with the current price of 1.80. It doesnt even need to press down the price. Let the other guy do the job for them for free.

If warrant issuer wanna breakeven on 14 March, need to press down until 5 days average price 1.65. But looking at their ways of risk management they should have leave some margin of safety for their profit through out the warrants issuance period. Hence, they could press it down to further 1.75 before expiry on 14 march. Can't press down too much since they would need to sell lot of their holding in FGV for cheaper price. That would cause them to lose money as well. So they need to balance between this.

Unless they use different strategy, press down the price for the next few days and collect back their own warrants at lower price. Next, let the FGV price float by itself after they have collected back 60%-70% of their own warrants. Payout is only for 30% warrants holder.

Warrants issuers have two more weeks to dump the price. Guess, the uptrend only will come after 17 March.

One warrants only expiring on 17 March and as low as 1.35. Another at 1.60. If the warrants issuers really plan to reduce the payout, with exercise ratio, they woukd try to dump the price until 1.60 for FGV. This provided they have the sufficient margin to do so or else they going to lose more money.

RoyFlytosky, my average purchase price is at 1.95. I have been holding for 4.5 months already

All good news still down? Bad news down, good news also down???

Yet to factor in insurance claim and forex gain from deposit return from EHP purchase. That keep for next Q results? This results is the highest for the past 2.5 years.