Price will adjust down for the warrant value .So the bosses will push the mother share high up to at least 16 sen (warrant exercise price is RM0.12) before ex date so that the warrant can trade and worth between min 4-5 sen upon listing
KUALA LUMPUR: The Kuala Lumpur Composite Index could be dragged as low as 1,580- points, should the United States impose tariffs on an additional US$200 billion worth of Chinese imports.
TA Securities Holdings Bhd Research Senior Vice-President Kaladher Govindan said the US move would encourage more fund outflow from regional markets and Bursa Malaysia could follow suit.
However, he reaffirmed that the year-end target would remain at 1,780 points based on a price earnings ratio of 15.5 times.
“Our overview is that US President Donald Trump will stop after imposing tariffs on US$50 billion worths of goods from China and would not proceed with the second tranche of tariffs on US$200 billion in Chinese imports,” he told reporters after TA Enterprise Bhd and TA Global Bhd.
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Posted by FunnyTan > 2018-06-21 10:30 | Report Abuse
20 sen go go go