Looks like tomorrow will be another exciting day or can be a very boring day. Maybe up few cents in the morning and down in the afternoon or vice versa.Whether overvalue or undervalue should not be in our mindset for this counter. Buy when u feel cheap enough and sell when u feel that you gain enough.
On behalf of the Board, RHBIB is pleased to announce that the Company had resolved to fix the exercise price of the Warrants C at RM1.80 each. The exercise price per Warrant C represents a discount of approximately 13.5% to the theoretical ex-all price of OSK Holdings Shares of RM2.08, calculated based on the five (5)-day weighted average market price of OSK Holdings Shares as traded on Bursa Malaysia Securities Berhad up to and including 3 July 2015 of RM2.15 per OSK Holdings Share.
I've sold out at 2.24 due to lack for momentum to up further and today is alredy last day. I'll wait for OSK take over target now OSKP, OSK-WC, PJD and PJD-WC for cheaper re-entry and also possible higher take over price.
If based on the price 2.15, the ex price is 2.08. Now the price is 2.24, the ex price should be 2.16/2.17. If based on 2.16, the warrant exercise is 1.80, then the warrant price should worth at least 0.36.
How long will the swap take?anyway even at the current price u can buy 5pjd share for rm7500 and swap to 4 oskh for rm8800..but of course after exdate the share price shud drop
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cutedragon
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Posted by cutedragon > 2015-07-14 15:09 | Report Abuse
2.22 again~ -.-''