@anti_otb It is not advisable to buy into WB as its exercise price is RM0.54 which is more than 13% premium against the mother shares. Homeriz is payment dividend consistently. You will lose out indirectly as warrants holders are not entitle the dividends. Even in Poh Huat, if your look at Poh Huat WB, it is trading slightly discount to it mothers shares mainly due to the fact that Poh Huat also paying dividends, and of course closing its expiry date too.
My thought for this is let div yield get near 5%. In current low environment, even reits not giving 6%. Make sense for fund mgrs to collect some with div play plus export play.
KYY golden rule: Among all the criteria, such as NTA, Cash flow, dividend yield etc, the most powerful catalyst to move share price is profit growth prospect. My golden rule is the company must have reported 2 consecutive quarter increasing profit and the projected P/E must be below 10. I choose P/E 10 to avoid unforeseen risk. By end of Oct, Homeriz will report high net profit for qtr4 and FY19 .... certainly some gain from Forex
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....
solid
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Posted by solid > 2019-09-12 21:40 | Report Abuse
Christiano88. Tq