@alex2012 @koyak71 Wow, you guys are really daring with CN! Good luck. Although the profit potentials are really attractive, I didn't/don't dare due to the very short expiry date. But the other longer SWs look good. And the mother, of course. KLK is also up - I have the feeling plantations are starting to come to life again. The oil & gas counters have already gone up too high and fund managers will likely want to hold something counters that are still reasonably priced.
i m betting on it now, since cpo above 2700/tonnes & 4q result to be announce soon. very high chance 4q result will be good, if so price might shoot to 3.80...some more if dividend announce...4.00 also can get...
alex.. I am not betting on it but I am in the view that price will shoot to 3.80 for sure.. because i know qtr result is going to be good and they might annouce some dividend.. but not that big.. i believe devidend will be 30-60 sen range..
so you are betting that if the mother go up to 3.80 - 4.00, your co will go up as well? From my view, don't need to bet.. i believe will go up
There's another `exciting' SW to consider (but will be difficult to sleep at night Heheh!) - Sime-CW. Ex. Price 9.40; Expiry 30/5/14. Sime is still sleeping but if interest in plantations continue, it's not too difficult for this kind of counter to exceed this ex. price. Three months to expiry is reasonable.
@koyak71 That's how it goes with SWs. I've even lost 100% of the capital in a few counters before. Hopefully I've learned some crucial lessons so that I'll be more consistent. Once you start with SWs, it's difficult to accept the potential profit margins from ordinary shares anymore. Yeah, the risks with SWs are much much higher. But so too are the potential profits. Investors of ordinary shares are already elated with 20% profits. SW speculators look at a minimum of 30%. Sometimes, 500% is possible too. Capital management is the key - there *will* be losses but try to minimise these while trying to maximise the good calls.
@bonescythe With me, it's "The Trend" that's the most important. "Buy low, sell high" - yes, if only we know what the "low" is. In so many cases, "low" has become "lower". After getting burnt a few times, I now look at the trend. If it looks to be on an uptrend, the possibility of making a profit is much greater than in trying the bottom-feeding method.
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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....
koyak71
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Posted by koyak71 > 2014-02-19 14:17 | Report Abuse
i predict kulim will rise to 3.50 on January but now baru mau jalan...so too late to regret.