Yes look at Luster Will rally anytime due casino project in Cambodia It’s a penny stock Buy the warrant No risk due longer expiry time Warrant is very cheap and can buy heaps to make big bucks !
Yes ECRL news on 25th july could be good to boost but wonder if fajar can get a slice from the 44bn.. ijm, wct, muhibbah is on the cimb list of beneficiaries companies.
forget academics If you buy 100000 units @0.015 cents,total cost is rm 15000 Worst case scenario if you sell all at 0.05 cents, total lost rm 10000 Best case scenario if it goes up to 0.06 cents,you will make a cool rm 45000. If you have the balls to double to rm 30000, you can make a cool rm 90000 or even more if warrant b goes to 0.10 cents. All stocks investments comes with risks,its how much you lose or make. In this case, you will can realize your investment in 2 weeks.
again, I have to remind newbies that the warrant is not for everyone. Only for those who are willing to take on high risk at expense of losing everything. This warrant only has time value now (2 months or so) and is 30 centts o strike price, meaning for the warrant to have any value in 2 months time, the underlying Fajarbaru must trade @ RMN 0.70 and above.
Please DO NOT buy blindly without know this risk of possibly losing everything. IF you are bullish on Fajar, I would advise just to buy into the underlying and NOT the warrant.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3089 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Scorse
214 posts
Posted by Scorse > 2019-07-19 12:30 | Report Abuse
queuing to buy wb now..hoping to get some more