It is normal, after 2 days up so much, some profit taking is normal. As I already mentioned yesterday, up and down a bit is very normal. If you can't be patient, you can't earn big money. I'll be even more worried if the price never slow down or come down a bit.
I stand corrected......combine both technical and fundamental plus sentiment and corporate excercise ....quite difficult to predict Poh Huat....Fair value is around 1.60.......
Hi guys,I'm new here,just a bit confusing, i thought tomorrow the warrant will be listed? But now not yet, but tomorrow can get the split shares right? That's why BullRunComing said the mother share may go down right? But the warrant will be listed when then? And the price of the warrant?
I stand corrected again.....looking at Poh Huat chart before the split...it will give an idea to traders for entry and exit level....just divide by 2.......interesting...
Based on the latest Homeriz-WA, which is trading at 22% range, we can expect PH-W to trade at 20% to 30% range too. So, we expect the warrants price to trade at 72~78 sen range, on assumption of mother share to trade at RM1.60. BUY if trade anything below 20% premium range.
If reference price is 60. The first listing date could trade up to 78 cent. It happened on many newly issued warrant. I believe will soon go beyond 80 cent but I won't buy above 80 cent for sure.
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....
BullRunComing
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Posted by BullRunComing > 2015-10-20 14:20 | Report Abuse
It is normal, after 2 days up so much, some profit taking is normal. As I already mentioned yesterday, up and down a bit is very normal. If you can't be patient, you can't earn big money. I'll be even more worried if the price never slow down or come down a bit.