When bull comes, this goreng stock surely will rise in tandem with the bull market. At that time I'm very sure the prices of wd and pa will easily beat our target. You can sell at that time or you could change your TP and wait for the much higher price to sell.
The important thing is that buy now and keep in your safety box. The sellers seems not willing to sell lower than 3.5 cents. Not much downside for wd and pa.
Under that Corporate Action, IF you got 6 OS, paying RM0.11 , will get 3 FREE WD and 2 ICPS. Now, some sold 3 WD to get back the RM0.105 if not keeping the WD. Means, paying RM0.005 to keep that 2 ICPS.
Means, like Credit Swiss not satisfied, can exit without much new commitment, and new money from new WD holders can enter. BUT the company already collected the RM0.11 for their business expansion. Quite creative.
I noticed that to get one Ordinary share now,
via the PA is RM1.10 but via the W is RM0.835
So, the WD is attracting the interest from investors.
Both ways attract the Premium, so the conversion by anyone to OS is unlikely.
Even those waiting-to-delist warrants like Seacera, Tiger, Sunzen, Hibiscus and Gamuda warrants all shoot up suddenly. Focus-wd will have its day too. Just be patient.
Feel that is time to limit up the wd as company share prices will be much more solid & valuable. Most company with warrant normally will goes up tremendously to push up the mother share to looks more valuable. People will start chasing the prices when going up.
After the pandemic, F&B businesses would be very robust as ppl will be hungry for nice meals and comfortable places to eat. 80% of Focus is in F&B and stand to benefit the most. Stay tune for exciting years ahead. I already bought wd for future investment.
The recent shares split 1×3 with triple amt of liquidity . Only huge amount of buying can push up the share price . The highest price done b4 split is 2.68 ÷ 3 = 0.90 cents round figure . Currently 0.65 × 3 = 1.95 . Some slight discount .
Patient...patient....patient. Share split and rights with warrant just completed. Once the dust settle, Focus will definitely move forward to become the most successful F&B company in Malaysia, Hong Kong and Singapore. But we need to get rid of covid-19 first.
@ Alf3, major shareholders like fintec dispose their shares to raise much needed cash for their capital/future investment. They are willing to sell low like this morning @ 0.63-0.635 going by the volume traded and the period it stays at that level, bcos they got the shares at zero pirce. Now, as i write, the share price is moving up @ 0.64 Momentum for uptrend is strong.
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greedy44444
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Posted by greedy44444 > 2020-12-17 17:53 | Report Abuse
When bull comes, this goreng stock surely will rise in tandem with the bull market. At that time I'm very sure the prices of wd and pa will easily beat our target. You can sell at that time or you could change your TP and wait for the much higher price to sell.