Interested investor should look into SMPC-LA which have convertion option of 1000 SMPC-LA + rm 900 for 1000 SMPC Since SMPC mother already break through RM0.90, any single cent up of SMPC, SMPC-LA will follow. Assume SMPC trade @ RM 1 and SMPC trade @ RM 0.10 Whoever holding SMPC switch to SMPC-LA, if you hold 1000 share of SMPC, which cost you RM 1000, after Switch to SMPC-LA, you only need RM 100, the balance of RM 900 can just deposit into the bank In worst scenerio, if SMPC drop to 50cent, holding SMPC will loss RM 500, but holding SMPC-LA only have maksimium loss of RM 100 But switch it to LA, investor will having more return with limitation loss of only RM 100
now the mother is very near limit up price !!! go for SMPC-La which trading at 10% DISCOUNT !!!!! you got to be quick other like barakah-la when everybody spot it
Harvard RM0.90 or RM1.00 ? How come my remisier told me is RM1.00
mother share is RM1.00 par value and LA is 10 cts the conversion ratio is 1:1 that mean you can use 10 LA to convert 1 mother share But this LA can use partially cash to top up for conversion you can use 1 LA(10cts) + 90cts cash to convert 1 mother or use 2 LA(20cts)+80 cts cash to convert 1 mother LA 10 cts par value already paid, that's why i said 90 cts provided mother dont drop, LA will up further !!! i think bank is pushing up mother to sell because no retailers took the LA and warrant last year!!!!
Nicky, luckily Nicky U only bought 100 lots, as u see now some institutions are keep throwing the LA, now the price even lower than before, who dare to buy if they keep disposing like this....
It is so weired that somebody keep throwing the LA like hell, even break through supporting level, many people got trapped...may Harvard57 try to explain wats going on...
EASY tmr lower than 1.24 SELL, tmr going up trend can test water buy some.... if higher than 1.38 trend confirm can buy more......but thinking before it start the engine need to go sideway awhile.
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Posted by whiteking > 2012-03-09 15:15 | Report Abuse
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