Sometimes markets overreacted on director selling warrant. Selling warrants and selling shares might tells a different stories.
When the price of warrant is overvalued in relation to its exercise price to the mother price, and directors knows the company is performing better and wants to buy more shares of the company, they will sell warrants outside trading hours and expect the share price to drop, and collect cheap at open market to remain stealth. This is a strategy. Sell high profile, buy low profile.
so if you done enough study to convince yourself that a company will perform well in the future, don't care of the director sell warrant or whatever, simply go with ur guts. And patients is very important in investing under such circumstances.
if people are afraid to proceed with buy call due to the NAPS value, please look at other tech counter. Look at inari look at dsonic. NTA is not a limiting factor for a share to fly. In tech counter, earning is the key consideration.
ts jobs-in-hand amount is currently RM103.6 million including a RM71.1 million job obtained from the Inland Revenue Board in 2013.
This year, EA will be bidding for at least RM90 million in new jobs. The prospect is good as information technology (IT) spending is expected to grow 6.5 per cent in 2014 compared with an estimated 5.9 per cent in 2013.
Fundraising: Of the proceeds to be raised, the company has allocated RM30m for future viable investments, RM28.3m for general working capital and RM4.5m to pay off debts.
get your investor friends to participate in this discussion threads. Diversified point of view from different investor will help to identify the true value of this counter.
Ayamtua is the super-promoter here. Carry on the good work. Though I have no vested-interest, I have read up on this counter. What AT says makes sense.
fortunebullz, i follow you from last year Dec'13 Asiapac until now switch to EAH. Thanks for your free advise and I will continue to support you....don't bother about other people which claim the victory...you still the best....
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....
chelseazola
226 posts
Posted by chelseazola > 2014-04-21 20:47 | Report Abuse
Kiter actually the tp is given from.midf ')