hope so..it gets me nervous waiting...hope up momentum is stronger...check out malton-wb also..it's coming up and quite stable this week...no sudden sharp drop'
Free bonus warrant - 1 : 10 . @Jeff Lee , if 1st batch of insurance compensation at rm60m , it's equivalent to approx RM 0.18 per share . Well ,it's about time for insurance claims to be on the table as the fire is almost 60 days old .
0.75 exercise price is just indicative , actual exercise price will be determined on price fixing date yet to be announced . Free bonus warrant is good but not very meaty as it's 1 : 10 . The insurance claims can add spice to current run up .
if based on 0.75 indicative exercise price, in the director's mind, at least to push the mother share to ard RM 0.70+ ba. if not warrant open trade need only a few cents?
warrant should be ard RM 0.20, then mother shares RM 0.70+ then at least make sense
4Qtr results @ Sept was negative even before the fire incident. The loss making qtr was diverted to the fire incident ......actually the co. was not doing well. So now the mgmt is talking abt insurance claim b4 the next coming qtr results ...do you think it is going to be any better. Just be careful of the Mgmt ploy .
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....
Chengheng Lee
209 posts
Posted by Chengheng Lee > 2017-12-14 09:29 | Report Abuse
Now buy or sell?