Warrant is very cheap now,when mothershare fly warrant will follow. Good trading opportunity for warrant because its a rare opportunity. Buy to trade not to exercise because can easily make few hundred %
yes I bought a lorry load of warrant Its so cheap 1,000,000 is only RM 20 k Imagine if it goes up to 5cents It may go up to 10cents if the mother share fly to 50 cents. RM 20 k can only buy about 52000 units!!!! of the mothershare at current price. So it make sense to trade the warrant if the mother is going to fly!!
Anything can happen in 6 months. So many shares doubled even tripled in price within 2-4 months. One example today is GET stock, from 0.15 opening to 0.33 closing. Thats double in value in just a day. I don’t see why Fajar can’t hit 0.70 within 6 months. In fact, very less % of traders who held warrants until exercise price. Its used to trade for quick profit.
wow .. glad so see that this stock started to have so many view ... i m holding both mother and WB .. in fact my WB was stuck since WA ... haha... waiting for white knight ..
It's something wrong with WB this time. I bought it twice. First when its 3 cents last year & I gain 100% (Mother up from 30 cents to 39.5 cents). Then I buy one more time this year. Buy at 3.5 cents & sold at 4.5 cents (Mother up from 41 cents to 46 cents). The weird is this time mother already so much but the WB only up 1 cent.
As said earlier, the warrant is for trading only. If fajar gets a piece of ECRL it will be in the money easily. So what is another 5 to 10 cents up for the warrant.Traders will chase up the warrant cos dont want to miss the boat.
I thought the same with Malton wa last year.. still have enough months to goreng B4 expiry..suddenly -ve events happened preventing the warrant to go up months B4 it's expiry.. so no chase warrants B4 expiry unless u have money to convert
totally agree!In fact Fajar warrant would be the opposite with positive events just before the expiry. Rare opportunity,very low risks (cannot go down any further)but very high gain ( upside is not limited as long as the mother share rally on ECRL project) Consider the streetwise logic, forget the technical analysis which is all texbook knowledge not applicable in this case.
it's more secure to invest in mother share at 37sen. If Fajar can go up to 70sen in 5 months, you will secure nearly 100% margin. Even mother share price no movement, you won't loss your money but WB will become rubbish. Don't forget Fajar has impairment loss of RM28mil in next 2 quarters result (Announce in May or Aug) hard for Fajar to move beyond 70sen by Sept. Be wisely to invest your hard earn money.
Icng I agree with you but how many lots can you buy with 10K on the mothershare compared to the warrant.You can get 500000units on warrant with 10 K but only 26000 units on mothershare.With a rise of only 1 cents, you will make 5K which can happen anytime in April. Its a trading opportunity not a text book advise.
Actually warrant is still cheap if you compare the ratio to the mothershare regardless of the expiry date. Anyway expiry is 6 months and by then the mother would have been way above the conversion price if secure ECRL contract which is very likely based on track record.
27055825... Thanks for your explanation but I had a bad experience with expiry warrant. So I feel safe if invest at the mother. I pray to all warrant holder can make a huge profit.
If i am not mistaken, they can revise the Warrants terms again. Cause of the recent impairment. They probably would reduce the exercise price if not the expiry date.
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....
gobu86
182 posts
Posted by gobu86 > 2019-03-27 15:27 | Report Abuse
Probably on 2nd April onwards a rebound after the ECRL talks. Fajar is late