OMG.. I just realized MRCB highest peak in history was (RM3.260) in 2 Jul 2007 is the same price as DRB highest peak in history (RM3.260) in 2 Feb 2012.. Currently DRB price has went up so much, waiting MRCB to do the same too..
In view of the leading Dow market correction mode,its risky to take a bet on all call warrants.I view this Dow correction not a mini pullback but could be a sharp one as it has been up relentlessly.Hence be careful and not too gung ho as sometimes it can pullback so sharply that you couldn't believe it could break many support levels.During time like this,call warrants that has the lowest ratio will likely lose most in terms of percentage.I had been trading call warrants since it started sometime in 2005/2006.Many people darent trade call warrants cause they were badly burnt or seen how badly people lost money.In my opinion that's because many people don't know when they should cut nor when to stay away.One should look at overall world market health first before looking at your counter cause though your counter many be still bullish but it could easily change when world market is in the correction mode.Currently it's most risky to hold call warrants unless you think now it's at the tailend of the correction.If you think the correction will end now,it's one of the golden opportunity to buy in the call warrants when they had been severely bashed down.In stockmarket,you need to manage your risk no matter how much you have gained nor many yrs of experience in the market.The above is just a matter of my opinion.You are mature enough to read articles to judge yourself.Always be skeptical of motive of the writer cause you really don't know who they are and their intention.Happy holidays to all
I forgot to include exception is that unless your counter really buck against the overall correction mode.I have seen before no matter how bad the correction of the market,the particular counter doesn't go down but up.Can you been so lucky?Only time will tell.
Yes,if you are the operator for this stock Sarahdeaton.Even if you are operator also depends on world market sentiments.Frm the comments made so far,I don't think you are the operator,lol!
Seems like mrcb is still the top watchlist in the market, no need to argue so much la. When there isn't any announcement or news the share price will remain sideway or correction down a bit...
faizkl,as for me,I am very cautious now.I would rather stay away from the covered warrants .In fact I even had raised a lot of cash.The investment banker can be very cruel with the price!No mercy and when opportunity arises,you are at their mercy cause bear in mind if they can have opportunity to milk you why won't they?This is a dog eat dog world!
I noticed property counters are extremely weak.Construction counters are generally not that bullish either.Despite gadang ann good results,it hardly goes up.I am not holding Gadang either.It's just an observation.Since mrcb is into property and construction,I need to be cautious.
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....
fantasysk
100 posts
Posted by fantasysk > 2018-01-30 17:06 | Report Abuse
ladybird88, market will close for 2 days, thursday is Federal Day