people are buying buying warrant, but warrant price are down down....insider are selling selling , outsider are buying because so specualtif abt this stock...anyways gud luck for this stock
Cheap doesn't mean a trap.. let say one buys the warrant at 10c and later decided to convert to mother share,then he nds to spend another 10c exe pr.total cost involved 20c..Let say mother share is 40c so it means he untong 20c if sold his shares..
its a normal share transfer transaction , cause some one is joinning into this co,when its done the transfering , it will back according to market train and compaby performance, its depends on who are joinning in and wats his background.
rosma mk: u r right on the directors selling. checked the announcement.they dispose on 20/1 n 27/1 when price up. no idea whether sell in open market or transfer....
the warrants are way in the maney. You seldom see such phenomenom in our stock market. So it is rather unusual. I have the feeling tms might drop back to 10 sen. So be careful and that was one of the reasons why the warrants didn't go up
for better idea , lets monitor for few day then decide whether get into it onot... TMS last closed 41, TMS WA 0.105. discounted 50%.conversion 0.10. Exp 2017 . based on calculation ,can take risk to buy..
Those who bought TMS warrant will definitely convert to mother. When everyone wants to sell at mothers price upon conversion, don't you think the price will go down? More seller than buyer.
Do not be so silly to convert your warrant into mother with additional 10 cents, because by the time the converted shares credited into your CDS account 3 weeks later, by then the mother share already drops to about 10 cents only, please beware !!!!
better to wait for a while after buying TMS-wa. If mother falling alot, then no point converting. however I believe can take risk, buy, wait and see, if mother stablise after ten days of trading, then can convert. Agree ? Conversion takes ten market days. conversion process is not difficult, like buying rights share.
Hopetech has been appointed as Contractor for the Project with an estimated value of RM85,880,000.00. Hopetech has issued a Letter of Award dated 8 February 2012 to appoint TMS as a subcontractor to work together for the above Project on certain portions of the Project.
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Posted by ewan1919 > 2012-01-27 11:02 | Report Abuse
r the right share effect?