This is my next fav warrant after Encorp. been playing this buying at 69.5 selling at 74 sen. Buying at 70 and selling at 73 sen. Buying and selling a couple of times last week already and plan to keep longer considering potential.
At 0.60 plus the conversion of $1.00, the cost to own the mother share is only $1.60. Comparing the NTA of 2.63 and PE of 4.3x based on Q1/2014 result, I will be a fool not to grab the warrant at 0.60 by the truck load !
if the volume of Hevea-Wb traded >> against volume of Hevea traded, get out as soon as possible....that will be indication that the T+3 gamblers are around...
a healthy leverage play will always be that Hevea volume traded > than Hevea-WB
Posted by thser1 > May 27, 2014 12:18 AM | Report Abuse Thought of selling more today but looks like wikileaks no bullet to hold his rm .7 backstop haha. Prepare for big show tmr :)
why are you being upset? I'm merely stating the fact that:
1. Wikileak issue RM 0.70 backstop in public forum on 24/5/14, which is ineffective as you can see from your above posting.
2. The price was trading at RM 0.64 on 3/6/14, 8.6% drop from his backstop price. Either he was selling down or he just didn't have enough juice to hold the amount of sellers at that time. Haha.
That's all I'm implying. No feelings hurt ya now lets big show tomorrow
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Posted by brendonyeap > 2014-03-27 15:51 | Report Abuse
Why is this thread so quiet today?