lau9639, indeed a good discount if you believe AP mother share will be at this same 22 sen price or higher.. Process to convert takes anywhere between 2 to 4 weeks. If you have spare bullets, go ahead. I can bet the mother share will be a lot higher in couple of weeks from now.
I use my remisier so not sure how to if you are playing maybank trading account or whatever. I will buy the warrant (assuming 8.5sen), pick it up T + 2, then issue separate bank draft to the brokerage house for the exercise price (10sen). Need to fill in a form provided by my remisier to convert the shares. Then wait 2 to 3 weeks and voila u have the mother share for 18.5 sen. Once converted you can hold or sell according to market price for the mother at the time.
20% discount is a fair value for now. When the warrant gearing ratio matches exactly of the mother's share price volatility, stop focusing on the warrant and start getting more of the mother instead. Be on the lookout and don't get in at expensive pricing (Though it's still cheap either way)
yes alibaba must be very careful but i mean asiapoly's fundamentals are so much better than gpacket. gpacet likes to post news everyday just to pump its share
GPacket is nuisance if one were to compare it with Asiaply... news conjuring so much pump and sell, that I won't waste my time battering its share. Asiaply it is :)
Agreed, volume wise - it's absorbing really well. I think for swingers like me, it doesn't matter a lot haha. But for speculators looking to get out based on intraday targets... well it might pose a risk on their portfolio
Good profit growth prospect due to COVID-19. This company is the only acrylic sheet / plexiglass manufacturer listed on Bursa Malaysia. Currently the demand for acrylic sheets has increased and with a shortage of supply in the market, this has driven selling prices higher just like Glove Business. The demand for these acrylic barriers, sneeze and cough guards, cubicle extenders and personal face shields will be higher and higher. Don’t forget Schools re-open soon…steady Boombibi kekeke…profit growth is the most powerful catalyst to push up share price…Happy Investing^^
If everyone holds on to their stock , the new buyers can only buy at a higher price. Pure economics. Hold steadfast for the journey. It won't take long to see triple or quadruple returns. Inside hands are aiming way higher than the current price now, let me tell you.
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martinking
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Posted by martinking > 2020-07-02 10:31 | Report Abuse
WA is still cheap, with exercise price 0.1. Now WA is 0.08 + 0.1(exercise price) = 0.18 per mother...mother currently 0.220. Hmmmmm