I think this because too much call warrants. Most of the call warrant set price 0.4x - 0.5x. In other words, price controlled by those shit banker. They wont let the price up (or initial up a bit to attract people), so that can earn lot.
dunno.. but do feel tht tan sri will let bjcon continues downward until there has new business potential whc can generate consistent income to bj con.. he will allow sudden surge in the prices but af tht it will drop bak to the lowest and more ikan bilis been swallowed... I remember tan sri said tht in 2010, he said tht he is a good patient swimmer but if there is opportunity, he will swim into the deep blue sea...
perhaps base on experience wth bj con, it can trade approx 4 times below its NAV... whc is close to 0.35... but considering its NAV continues increase af many disposal... 0.4 is still good for keeping wth the confirmed interest yearly of 2.6%..
Hi ngblg, If you want buy call warrant, I suggest you look at the dsonic-ca, how the final look like. If you really want to buy call warrant, period is not important, most important is you can earn initially and run fast. Because if until end, banker will try to use the stock they have to press down the price. This is my opinion. for this mother stock, may be this is not the uptrend yet. For uptrend, sure the price must break 60c maintain certain period. Then at that time, you will not be late. If you mother share now, then you must ready become long term shareholder. Otherwise, you should not be here.
cu = 0.43 + 0.055, means price must > 0.485 during expire then you only can earn. If you believe price can maintain that level, market good at that time, no "god hand" kacau behind, then you may buy.
this one, no. of share float in market is not small, plus the price is not expensive, so attract many bankers come here to open the call warrant (open bet with yours). Compare with others, the launching of call warrant really quite frequent. Be careful...
CP,XQ,CR holders may cry now due to all the conversion price high than the price now very far. They just got a e-toilet paper, can see, but cannot use.
before setup a call warrant, banker is just like a movie director to plan from start until what is the ending they want. They got huge stock at hand to play, they got money to employ a group of statistic and math professional to estimate. We are just the small fish how to fight? Sometimes can curi ayam, also quite happy loh.
u knw how com Berkshire by guru warren so strong becoz its portfolio consists of some counters whc is generating strong consistent income to the grp and if he made silly mistake in his investment, it won't hurt the total income annually much...
same like bj con... he got bj toto... kikikiki.. it survive until today fr 1998 and 2003... thks for those 4 ekor kaki... it is same for us... the skill if survival.... kikikikikikiki
Aiks...looks like I have kena con by VT ady..bought some units at 0.415 when the report is out...do u think is wise to hold at this price until VT call it a day or cut losses at this stage 1st..
Wait after Jan lah, let's all the call warrant expire, then may be big shark want to push up the price, beause they got stock at hand. Grow88, depend on you got holding power or not.
At this moment, everyday the big shark also use huge stock to setup road block to scare people and block the uptrend. Seems no other big fund manager open mouth say want to set target price and buy in, how the small fish can clear the road block? How good the financial report also can't change. Unless there is surprise news come in.
cfoong...ur words is always so confusing...sometimes i m wondering u r hoping it to up or drop..@@...u have started to be come VT con apprentice... ganasai..u r right...there are a few warrants expiring at the end of Jan..lets see how it goes then..
Ganasai & Cfoong, Thanks you. I am holding mother share & WB. The last Share Buy Back was 26/11/14 at average price 0.47 Wondering who is accumulating (buying) at current level 0.395 (0.38 - 0.41) ? I agreed unless there is good surprise news.
BJ Corp has been buying up Redtone relentlessly. U Mobile belongs to VT. Both U Mobile & Redtone are recession proof telcos. Both are throwing prices to capture market share.
At 39.5 cents with free float of 4 billion shares if we exclude debts, BJ Corp is now selling at cash value only. The market has totally lost faith in BJ Corp for the last three years.
Mr. Market hopes that BJ Corp might even fall further for them to buy cheaper. As we cannot time the market accurately we just take position as Value already emerge. But space out your buying with reserved cash as or if price should weaken further.
dun hope too much for Redtone will take over U mobile.. and U mobile is still a loss making telco.. more capital and time required.. Redtone scale is also small as comparing to u mobile.. let take a prudent view on it.
kikikikiki... forecast for 6D... may be the chinese old man used to say.. " aiyo.. 中字勿中銳"。。af tht he "beh song" and throw all its ticket at the street... kikikikikikiki
ngblg, thts great yr way... this is also tan sri way... next buy bak shall be at 0.34... 0.33... 1.023 bil is coming wth 166 mil is cash.. kikikiki... 166 mil..
kikikikikiki... i agree with ChrisChan.. Bj Con! Bj Con!... BJ Con has inconsistent PE over years...coz P&L is inconsistent.. Food? Gaming? both still affect by the economy and increase in cost and possible increase of government taxes for Toto! Telco? BJ Con does not own any Telco! U mobile is Tan Sri business, it is not under BJ Con! 1.87 highest prices?? u couldnt use it anymore because in 2010, BJ Con was applying for sport betting licence but it was unsuccessful...the prices surged due to tht! NAV high as comparing to the current prices? many properties counters esp HK one has this issue but unless it diversifies it otherwise the value wont be realised! Sometimes, we need to tell people true so tht we can have a prudent look on this counter!!... kikikikikikiki
But.. due to this BJ Con nature, it will still have sudden surge in the prices so tht more ikan bilis follow it up and stuck into it...like those bought at prices of 58, 55, 54, 52, 50, 47, 48... kikikikikiki
I still remember comments from GRAMMA previously said she losed her "coffin money" on this BJ Con because she bought at 58 and after she had sold at 52/54 .. If she didnt sell, i thk she had losed more... Luckily she opt to exit tht time... God Bless her! kikikikikikiki
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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....
ganasai
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Posted by ganasai > 2015-01-10 12:23 | Report Abuse
I think this because too much call warrants. Most of the call warrant set price 0.4x - 0.5x. In other words, price controlled by those shit banker. They wont let the price up (or initial up a bit to attract people), so that can earn lot.