I bought LR at 5 cents in September 2013, and added 13 cents to become LA, so my cost of LA was about 18 cents, today LA closed at 39.5 cents ,my paper gain is 21.5 cents , so the return is about 21.5/18 x 100 =119.4%, holding time is about 6 months
i found that L&G is a good counter last year due to its strong fundamentals and i was in dilemma whether want to buy its LA or not. L&G-LA was about .225 that time and i bought it at .285 when it was in an uptrend. I was thinking want to sell high buy low or not. In the end, I keep it until now because i am still unable to know when is the correct timing to sell high and buy low
do not worry about the price not moving up, all indicators (MACD, Stochatic, RSI) all showing positive sign, like what Fam Jenny had said, safe to collect
To breadonyeap,although the direction of mother and its La will move in tandem and closely but I just give you an example.
Let say we have RM 100,000 and we need to determine which to enter. based on the current price 0f 0.51 vs 0.395 we can buy 253k units of LA while we can only buy 196k units of mother share. As highlighted before,we they are move in tandem, thus if mother rise 11 cents while LA also should rise 11 cents,then you can compare the effects of 253K units*11cents vs 196K units*11 cents.I think you can make judgement already. Although the exchange ratio is not so great now,but I think you are able to differentiate them.
Macam mana nak naik. The management is so kiam siap and tak mau goreng...Asyik bagi tau orang share mereka undervalue. but can go as high as 50 cents only...
There are a numbers of parameters to look at in order to compare which is better:
1) LA is giving interest of 1% (or 0.26 cts) per unit per annual. 1st payment in Sep 2014. 2) The mother shares has not been giving dividend for some time. if they do decide to give dividend soon, then mother shares would be better. 3) If there is any corporate exercise like bonus or rights issue, LA holders need to prepare to cough out more money to convert or otherwise "forced" to sell.
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. A Symmetrical Continuation Triangle (Bullish) shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks out above the upper trendline with a noticeable increase in volume, confirming the pattern as a continuation of the prior uptrend.
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cytew
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Posted by cytew > 2014-04-01 17:23 | Report Abuse
I bought LR at 5 cents in September 2013, and added 13 cents to become LA, so my cost of LA was about 18 cents, today LA closed at 39.5 cents ,my paper gain is 21.5 cents , so the return is about 21.5/18 x 100 =119.4%, holding time is about 6 months