Lets not forget AISB, steel counter which hasnt run up yet. Industrial factory sold at 70 mil plus development of Avant park with est GDV of RM 110 mil in progress versus maeket cap of only RM64 mil at current price! Grab it while it lasts!!!!
Don't chase the knife which has fallen... Switch to AISB laa... Hasnt gone through mad speculative run-ups & undervalued with propery disposal cum on-going development
YKGI-WB achieved it's record high of Rm0.18 and closed at RM0.16 yesterday, with huge trading vol of 21 million+.
It's price has gone up Rm0.07 this week.
At one glance YKGI-WB seems to be not attractive as it's trading at a hefty premium of 83.33% (Ex Price Rm0.50 Expiry 28 May 2020).
However, the recent buying interest could be related to it's corporate exercise where the co proposed to reduce it's par value from Rm0.50 to Rm0.10. Hence, the exercise price of YKGI-WB maybe adjusted from Rm0.50 to Rm0.10. This if materialised will certainly gives a new lease of life to the warrants.
LL Hu..............YKGI is being driven by a smart operator.2 days inclusive of today the warrant B went to 18 cts (all time high) and retrace back to 16 cts. What are they up to ?? V dont know. Those buy at 18 cts ? Will they survive ?? Why test the all time high 2 days in a row ?
Char1234, what important is the adjustment in the exercise price of WB.
I wonder on the recent huge trading volume of WB since last week.If there is no adjustment in the Ex Price, who will be buying at current high premium......
guys...dont buy this counter.....have been losing money for such a long period...if want to invest on steel... buy cscsteel..... got dividend take and growth prospect is the same..... imagine u buy this and market crash u got nothing left... u buy cscsteel still have dividend and their management is very good.... just some kind hearted advise :)
Wow 24yr old only already commented with such great knowledge in stock market. Spot on on 5 significant areas in stock market in the comment above. Continue to invest in your interest and you will be top.
I also got an advice for you. If 'market drop' happens, you may survive in big and good companies. But if 'market crash' happens, no stocks will survive and this includes Nestle, Panamy or even Maybank.
price being control between 36 to 39 (all time high) on purpose.I dont know why.Cld be planning to break d 39 cts. Im not sure....very slow n cunning stock operator
steel price is usd 300 n all time high is 1256 .....steel went down to 90 few moths back n come back strong at 300....steel companies making losses for years. Cld b their year ......go buy the warrant .better rtns if u fancy this stk potential.
i really dont know. I sold off when it was high and it kept the price there.Cld be game over..if it falls below 36 ct......buy Bornoil. Its GOLD n safer there..
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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....
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Posted by wealthwizard > 2016-09-06 09:38 | Report Abuse
Huge Potential Upside for CRC Steel Producers: CSCSteel (+24 percent) & Mycron (+90 percent) (Part 2)
http://klse.i3investor.com/blogs/wealth123/103812.jsp