get the free warrants and sell off the mother share at a decent profit or at break even ... then let it be , and the warrant will be your raw profit...
Fundamental is good. Making profit. But why the directors selling shares and share price never able to break above 0.205? This counter really tested the patience.
I still keep (> 3 years) - get the bonus free warrants and sell when u feel it is ripe for profit. If someone is willing to BUY off market 14.6million shares at 0.19, then it is good.
Hai wise eye, keep for long term.get the bonus and buy some more the warrant. Worth to keep bcoz initialy it secure around 80M for glc contract, profit increase and looking on maa
i suppose after the x date, hopefully it won't drop that much... then if the m&a is going on, then mostly the share price will up... anyway, i see this company is making profit so this share can be hold for long run... :)
sure there is some investor would want to sell the share after get bonus... just hope there isn't many and IF most of the investor is long term investor (mean keep holding for next few months) then I don't think it will drop much though...
Usually shares will shoot up one or 2 days before bonus issue. If it does, u may sell it to gain a quick profit. If it doesn't, it'll be a good thing for long-term investors. Why? Because, u'll have higher room for increase when there is any material favourable announcement from EAH. Warrants will shoot much higher than mother usually and you're able to capture that advantage.
I personally feel I would hold this company on a longer term (looking at 0.40 TP) as this company has impressive financial fundamentals, good management (Sobri constantly looking for M&As), not overly priced premium, high current assets ratio, etc and most importantly good relationships with the government. There is no fundamental reason to deny this stock and therefore, I recommend holding and adding this stock if possible as the share price is still quite low, to take advantage of the high intrinsic value of this company.
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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....
Kevin Khoo
414 posts
Posted by Kevin Khoo > 2014-02-16 15:05 | Report Abuse
selling for strategy/technical things only dun worry guys.....this kind of selling is okay not like those abandon ship style