The more bad news coming out early is better as I expect a healthy correction towards 1650 this year (as Malaysia seems resilient compare to regional bourse as others has faced correction in different degree after 2008) and then follow by strong rebound for bout 1.5 to 2 years.
RM 1.80-RM 1.95 will only be the first resistant Vin Cullen.after that we will see RM 2.00 above as news are rolling with 3 high of RM 2.5 will be the critical resistant but whether we can break Rm 2.50 is not a issue for me as I believe from current level to RM 2.50 I will be satisfy. Cheers.
the warrant is traded at 58% premium now and mother is 1.60. if mother goes up to 2.50 .... 1) at 20% premium, son will be 0.70 2) at 29% premium, son will be 0.93
The premium is not only the factor that determine the value of warrant,although it is important but in the case of MRCB-wa,if we think from the normal perspective, at the current price level,the warrant will seems overvalued at premium of 55-6+% which is very high for 5 years warrant.
Vin Cullen RM 2.50 just a possible target price as I said before RM 2.00-RM 2.50 will be the range that I aiming which I think should not be any problem if news rolled out. At that time the value of warrant will be trade between RM 0.315-RM 0.405.
ACELEE ~ TP RM2.00 ~ But base on the quater and EPS ... Is it overvalue at RM2.00 ??? Let say the quater report turn positive...but still not as high as RM2.00-RM2.50 ~~
there is a change of boardroom and management in the company since last year acquisition of Gapurna. Najib bro is on board now. I am eyeing at 40 cents for it MRCB-WA in 2 months time. If Mother can hit RM2, the gearing will be at 5 times still.
To Vin Cullen, GLC stocks normal valuation is hardly in use. The catalyst for MRCB is not solely the quarterly result as I think the the future one-two quarter may have some profit but still not significant. The Key is EDL,Kwasa,M&A of QCAP coupled with more injection to QCAP with all this in place,RM 2.00-RM 2.50 level is possible.
Hong Hero you are right,as I am too aiming 0.315-0.405 level which I think should not be problem.Cheers
right, it will move up aggressively soon ,remember the 2 catalysts , should be getting a piece of kuasa land at rri sg buloh and approval of listing of their reit.
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....
ACELEE
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Posted by ACELEE > 2014-03-28 11:01 | Report Abuse
The more bad news coming out early is better as I expect a healthy correction towards 1650 this year (as Malaysia seems resilient compare to regional bourse as others has faced correction in different degree after 2008) and then follow by strong rebound for bout 1.5 to 2 years.