my opinion is, the selling of his remainder bonus warrants is expected when he bought more mother shares. I believe that this coming earnings will be strong and that it is in keeping with liquidity float of this stock.
as the conversion date is still far away, buying mother shares makes sense. it retains his control over the company, gets dividends, keeps investors/IBs happy and maintain a level he is comfortable with when the dilution comes in 2017.
if he keeps buying more mother shares, then you better start worrying.
hahahaha...i never like privatization when it comes to wa trading....but hostile take over are most welcome....
actually can this buying on own shares & disposing of company wa be considered as share price manipulation by Bursa ? coz we all know, mother move, wa price will follow ?
it is not illegal nor is it considered manipulation if sufficient notice is given to Bursa.
yet you see you are saying hostile takeover. little wonder why Gan is not allowing the selling of -wa without responding with a share buyback on his own capacity.
its all about perception. if he continues to sell without buying back dividend paying mother shares, how would the market interpret his moves?
its the IBs that better start to worry! guess who bought 4.5mn warrants and the previous buyers? ours is but white peanuts!
old timers like Gan, i believe, plays fair! they are more concern handling down good legacy for their kids! That is why Warren looks for track records! His management for last 5 years is nothing but excellent!
just wait, TA's good report is but the starting. more to come from other IBs. but if those worried, no harm sell la if got better opportunities elsewhere! Nova, for example! LOL
investing = my pt job, that way only will my money work for me mah....no?
if 24/7 stick my eyes to monitor price fluctuation....that is trading...no? i don't wanna become 4 eyes man so young...
real economy need me more than they need me in here....the figure in the financial report need to be delivered, then only you guys will say...wah this company FA good....then wallap wallap wallap....
u think i'm someone from MAS meh....putting his company email openly here...lol
but once a while....trade some wa for quick bucks quite fun...
ends up 0.005 sens higher despite asian markets downwards trajectory. looks like next week exuberance will take over if nothing devastating from US tonight on more weaker earnings reports. Fed tapering is still a month away
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
penunggu
138 posts
Posted by penunggu > 2013-08-16 12:50 | Report Abuse
walan le....