2 people like this.

10 comment(s). Last comment by andy118 2011-11-24 23:02

stephenlee

423 posts

Posted by stephenlee > 2011-11-23 00:58 | Report Abuse

there is no level playing field in KLSE market. Because of the inequality issue, every body is cheese off by the double standard in this market. Work smart, play smart and HARVEST smart.

harcharanjit

6,356 posts

Posted by harcharanjit > 2011-11-23 07:13 |

Post removed.Why?

whpsons

4 posts

Posted by whpsons > 2011-11-23 10:00 | Report Abuse

What is the outlook for g13 genting since it maintain above 1.50 for the past 2 days? for averaging down, is it a good time to do it or need to wait for further drop?

cpteh

374 posts

Posted by cpteh > 2011-11-23 12:20 | Report Abuse

hi whp ... as of yesterday, g13 showing a good reversal sign. it is not certain to be a buy but technically showing signals of rebound soon. market down today, i didnt check sgx. busy with hkse.

whpsons

4 posts

Posted by whpsons > 2011-11-23 16:52 | Report Abuse

thks

Posted by WONGTONGGUAN > 2011-11-23 22:32 | Report Abuse

Close down 3 cents

Posted by leonardrocks > 2011-11-23 23:17 | Report Abuse

am wondering why tresury accumulating ytl?

cpteh

374 posts

Posted by cpteh > 2011-11-24 18:13 | Report Abuse

YTL consistently showing share-buy back.

Posted by stockoperator2882 > 2011-11-24 21:12 | Report Abuse

Hi experts, can u guys give me your 2 cent thoughts on tmclife ord (rights). Thanks.

andy118

249 posts

Posted by andy118 > 2011-11-24 23:02 | Report Abuse

I am no expert but I'll try. A) 1 right = 1 tmcl @30sen + 2 free wars. b) war. conversion is 1 for 1 tmcl @ 40sen c) since the war. is out of the money i.e conversion 40s is higher than the mother sh (tmcl = 33.5s)we assume that on listing the war. is quoted at 5 sen. d) therefore your rights share is worth 33.5sen + 5 + 5 - 30sen = 13.5 sen (because if you subscribe for tmcl at 30 sen you will get 1 tmcl + 2 wars. e) since tmcl right is quoted at 22.5 sen then they value the warr at 9.5 each and tmcl at 33.5 sen. Of course when the price of tmcl or right changes then the value of your warrant changes. If you think that the warrant will be lower then you will be better off selling the rights but if they push tmcl higher then the cost of your warrant is lower. I hoped that I am correct and please correct me if I am worng. Good luck

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