Fr the stochastic indicator show good for entry but the price still below ma50. My opinion when rise to 93 or 94-sell and waiting but..... See see la...
Only EDL and BM projects can give a boost to MRCB. All others smallers package such as MRT2/LRT3 won't be able to boost it. MRCB has dropped 0.90 since the announcement of RI. How much can it recovers back after the RI now? If recover: 30% = 0.27, MRCB will be at 0.925(ex price)+0.27 = 1.19/1.20 50% = 0.45, MRCB will be at 0.925+0.45 = 1.37/1.38 60% = 0.54, MRCB will be at 0.925+0.54 = 1.46/1.47 70% = 0.63, MRCB will be at 0.925+0.63 = 1.55/1.56
Possible to recover 70% by year end? Part due to technical rebound and another could due to either EDL, BM or Budget 2018 or GE14.
OR need to subscribe and today is last day of trading and its trading at premium, new share only will listed around 1 month later.
Portfolio now concentrate only on MRCB itself (alrdy sold off all OR yesterday at 12.5sen for thrid round profit). Once OR ease trading later, MRCB should rebound back even higher as there is no alternative OR anymore tomorrow. all wan exposure must buy direct MRCB
Of course, its all up to individual discretion to either opt for OR or MRCB
Looking at the trend today , If base on OR price range push from 0.06 to 0.16 , They might try to disposed the mother share after subscribe to RI at average of 0.925 to make profit from it. with huge RI collected and converted to mothershare.
ehtan18, they only can do that one month from now when the Right shares are listed. By then, there would be many factors that could push up or push down MRCB price. I am banking on the technical rebound to push up MRCB further as the previous downtrend was purely caused by the RI. It's time to revalue back MRCB. Let's hope for 50% rebound.
Only EDL and BM projects can give a boost to MRCB. All others smallers package such as MRT2/LRT3 won't be able to boost it. MRCB has dropped 0.90 since the announcement of RI. How much can it recovers back after the RI now? If recover: 30% = 0.27, MRCB will be at 0.925(ex price)+0.27 = 1.19/1.20 50% = 0.45, MRCB will be at 0.925+0.45 = 1.37/1.38 60% = 0.54, MRCB will be at 0.925+0.54 = 1.46/1.47 70% = 0.63, MRCB will be at 0.925+0.63 = 1.55/1.56
Possible to recover 70% by year end? Part due to technical rebound and another could due to either EDL, BM or Budget 2018 or GE14. 11/10/2017 10:14
CYeoh Is it worth to collect call warrant C15? only half sen and expiry is next month.
There is one announcement for C15, on 24th August, another 50million share had further issued, and it is said to "to facilitate the market making process".
Anyone has idea of this phrase "to facilitate the market making process".?
In my idea they are make sure there's enough supply of C-15 to retailers with the extra 50m shares :( The revised exercise price is 1.57 after the rights listed, unless mother price can stand above 1.57 on 24/11 otherwise it worth nothing.
I have limited exposure to Indian market but as close as i can recall, Mudajaya also had a power plant project in India and this did not boast its share price. In fact, the project has caused lot of delay due to authority and funding issues. Getting a job in India isn't necessary a good news due to the track record of Indian authorities which are way too complex especially on the bureaucracy.
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....
Geo123
146 posts
Posted by Geo123 > 2017-10-11 10:03 | Report Abuse
@hng33 Should subscribe the RI or sell OR and buy mothershare? which is better option?