2 people like this.

14 comment(s). Last comment by cytew 2017-03-06 05:22

gelong

1,737 posts

Posted by gelong > 2017-03-04 12:07 | Report Abuse

PA price does not make sense, but mother and WC should go up further. But the operators dont care. I would say all 3 will move upwards yoyo regardless

CharlesT

14,572 posts

Posted by CharlesT > 2017-03-04 19:00 | Report Abuse

Its a timely buy call after PA increased almost 300% from 0.05 to 0.195 n Warrant about 100%..tq

cytew

1,575 posts

Posted by cytew > 2017-03-04 19:14 | Report Abuse

"gelong PA price does not make sense, but mother and WC should go up further. But the operators dont care. I would say all 3 will move upwards yoyo regardless
04/03/2017 12:07"

You and the author are so ignorant, OCR PA conversion option 2 is 1 OCR PA + 45 cash to 1 OCR share..and this conversion option has virtually turned OCR PA into A NON-BURNT WARRANT EQUIVALENT with actual conversion price of 45 sen , which is 5 sen lower than OCR WC conversion price of 50 sen...GOT IT NOW ? do you understand what is "NON-BURNT WARRANT EQUIVALENT " ? if you don't , please ask me...do not mislead the public ok ?

gelong

1,737 posts

Posted by gelong > 2017-03-04 21:31 | Report Abuse

yup, understood, jgn marah nanti saham jatuh susah la gua ahak2

Posted by babydragon33 > 2017-03-05 11:27 | Report Abuse

yes, i agree with cytew.1 OCR-PA can be converted to 1 OCR mother share with RM 0.45. With target of RM 0.70-RM 0.76 for OCR mother, OCR-PA should be easily come to RM 0.25-RM 0.31. OCR-PA is a cheap proxy to ride on OCR growth story.

gelong

1,737 posts

Posted by gelong > 2017-03-05 14:13 | Report Abuse

it depends on how much you purchase the PA, furthermore you wont have sufficient time to realize your profit coz by the time you convert, the price will start to go south. Conversion will take a week or so. If you are a long term investor I guess you were in the right direction.

VenFx

14,784 posts

Posted by VenFx > 2017-03-05 14:22 | Report Abuse

Interesting discussion here... as there might be second operator to playing around here since emotional are smell from yhis exercise.
For Fa, stick to your standpoint.
Short term got to play reversal thinking.

Let see how things developing.

gelong

1,737 posts

Posted by gelong > 2017-03-05 14:42 | Report Abuse

OCR will emulate SGB, remember SGB

Posted by Ming Jong Tey > 2017-03-05 18:17 | Report Abuse

Calm down @cytew. I did not check the detail of OCR-PA and that's why I stated "Remember to find out the detail of OCR-PA" in my post. Thanks for the PA information though :)

Posted by Ming Jong Tey > 2017-03-05 18:24 | Report Abuse

@babydragon33 OCR-PA does seem to be a cheaper proxy than the OCR-WC :)

gelong

1,737 posts

Posted by gelong > 2017-03-05 21:59 | Report Abuse

don't opt for conversion

CharlesT

14,572 posts

Posted by CharlesT > 2017-03-05 22:04 | Report Abuse

Ocr pa 0.19+0.45 (conversion price)= 0.63 vs mother 0.56....

U want to convert ah?

gelong

1,737 posts

Posted by gelong > 2017-03-05 22:38 | Report Abuse

ahak2

cytew

1,575 posts

Posted by cytew > 2017-03-06 05:22 | Report Abuse

OCR PA would be a better choice to hold than OCR WC beside its lower conversion/exercise price,if upon maturity, OCR falls below 45 sen,WC will be burnt and not PA. In addition to these advantages, if there is dividends declared,PA would be entitled and not WC.

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