Hmm that's because the SST exemption? If the QR is the best in last 12 quarter then is a bit weird that the pandemic bring down their price so low. Pre pandemic is 4. Saw a gap between the reality and the pre pandemic price.
UMW Holdings Bhd's vehicle sales rose 4.4% month-on-month (m-o-m) in February 2021, as sales of UMW Toyota Motor (UMWT) jumped and supported a minor decline in Perodua sales. UMW said Toyota sales via UMWT rose 32% to 5,074 units in February, from 3,845 units in January, amid strong demand for Fortuner and Innova models launched in February, and the Vios and Yaris models launched in December last year.Perodua, meanwhile, sold 16,583 units, down 1.84% from 16,894 units in January. UMW attributed the decline to a lower number of working days, as well as festive holidays in the month.
i hold umw-C24 small volume until expired to see warrant issue really drive UMW price drop or not, the warrant issuer did drive price drop, but not successfully to make it below execution price because the price is too far than execution price. For UMW-C31, execution is 3.30,current price is very closed to the price, warrant issuer is very easy to drive out of money.
warrant issuer house just sold their UMW share from right hand to left hand in order to manipulate price below 3.30, this kind of trick not only happened to UMW, the recent Ambank C23 also same, after warrant expire, ambank shoot up.
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....
Stockisnotfun
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Posted by Stockisnotfun > 2021-02-26 12:19 | Report Abuse
Hmm that's because the SST exemption? If the QR is the best in last 12 quarter then is a bit weird that the pandemic bring down their price so low. Pre pandemic is 4. Saw a gap between the reality and the pre pandemic price.