Excellent!! .... Another rally coming its way, GO! DRBHICOM, GO!!

Wow.... another rally coming its way. Good luck!!

This counter looks AWAKENING....... :)

Let's keep an eye on this one...

Even though the exercise price is RM3 for CN, the number of warrants to convert is 4. Thus, we should look at the value of CN the other way round. This means at the current RM0.055, the value of the mother share should at least be RM3.22 (i.e. [RM0.055 * 4] + RM3) at the point of maturity, in order to get back the cost of the CN at the current level.

Thus, warrants are very risky due to the validity period, meaning to say it will mature by end Feb 2013. If the price of the mother share does not hit RM3.22 by end Feb 2013, the cost of investment is as good as sunk cost.

Notwithstanding the above, warrant is also a cheaper and faster way to make profits, if used wisely. Say for example, the DRBHICOM share is expected to rise given the TP of the analysts from various firms all above the current traded price. So the prediction is that it will reach somewhat the average of them all i.e. RM3.56 as shown above. In that case, it is also an indicator that the warrant is "in the money" and worth buying.

Yes, I am holding some CN. Hope that the mother share goes up, and the CN will FLY even higher. Good luck!!!

Btw, the exercise price for DRB-CJ is RM2.10 expiring in Nov 2012, whereas DRB-CN is RM3 expiring Feb 2013. So, it's still safe to play these two warrants.

Agreed. One thing I learnt about warrant is to go for those with "Volume".... no point fishing for those less volume.

I hope it will cross RM2.80 by end of next week, before Hari Raya break. Then, another level up to RM3 by end of Sept. Yes, the warrants DRB-CJ and DRB-CN are highly liquid and very attractive at these levels.

At 10.20am, just after I posted the above, the price shot to RM2.60 .... that's AWESOME!!! ... ~ Fly DRBHICOM, Fly~ FLYYYYYYY

Today is an auspicious day .... 8th day of the 8th month of the roman calendar.... (so, if we go by the double luck "88", the rally should happen today, right??)..... so, this morning the asian markets are on the UP trend.... looking good DRBHICOM, keep going UP!!!

At 9.15am this morning, it is up 3sen..... going higher!!

At 4.18pm, the punters are starting to GORENG dy...... good luck!!

AWESOME!!!

This counter is on its uptrend!!

Interestingly, POS is being pushed down this morning. At about the same time, DRBHICOM is getting strong support. Another trend setting, I presume.

Means rallies are coming.... coz foreigners don't hold very long, and they are here to make fast money.... Beware!! risks and opportunities present themselves when u least expect them....

An oversold counter for the past week. Seems to have the punters back on at 2.50 this morning.

Its largest shareholder is DRBHICOM, which is also about to FLY given its recent accumulation by some parties who tried to push it down when POS was hiking higher.

Lately, some interesting trends to note. The share price of POS has been FLYING higher, and about the same time, some parties are pushing DRBHICOM's price downward. Incidentally, the largest shareholder of POS is DRBHICOM.

Then, on Friday announcement, it shows that EPF has been acquiring DRBHICOM shares.

Does look like DRBHICOM share price is going to FLY soon.

Let's also not forget its largest shareholder DRBHICOM. This stock is also about to FLY given its recent accumulation by some parties who tried to push it down when POS was hiking higher.