Please buy JOHOTIN-WA. What Murali says is very true.
Murali: Leverage play of Johotin-WA
Maturity Date : 21/11/2017 (about 2 years to go) Exercise/ Strike/ Conversion Price : MYR 2.28 (in the money now)
Johotin-Wa closed at RM0.50 yesterday (traded at premium 19%) while mother closed at RM2.33.
Assuming u bought both mother n son at closing prices yesterday (RM2.33 n Rm0.50), your potential return will be as follows when mother touch RM3.00, RM3.50 n Rm4.00.
(Assuming WA trades at premium 10%-15%)
1.Mother TP RM3.00 (Return around 28.76%) WA TP RM1.02-RM1.17 (Return around 104%-134%)
2.Mother TP RM3.50 (Return around 50.21%) WA TP RM1.57-RM1.745 (Return around 214%-249%)
3.Mother TP RM4.00 (Return around 71.67%) WA TP RM2.12-RM2.32 (Return around 324%-364%)
As u can see, Wa shall generate a much higher return than mother should prices continue to surge.
Yesterday F&N released its September 2015 quarterly report. Its Malaysia dairy division (which manufactures condense milk, same as Johore Tin) reported revenue of RM271 mil, 7% higher than June 2015 quarter's RM253 mil.
However, operating profit jumped by a massive 57% from RM19.97 mil to RM31.4 mil in the September quarter.
Operating margin for that division improved from 7.9% to 11.6%.
F&N attributed the strong performance to low raw material cost.
Revenue increased by 7% but operating profit jumped by 57%????????
What will happen to Johotin in Q3?????? Seems like my earlier estimated EPS of RM0.09-RM0.10 is very likely...or could it be higher??
Don't be disheartened by the UMA. It provides JOHOTIN believers a chance to accumulate at a lower price. Collect as many as possible. It will explode on 26.11.2015 (3rd quarter results). Believe in ICON8888. Believe in Ooi Teik Bee. Believe also in Murali.
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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....
murali
5,723 posts
Posted by murali > 2015-11-03 06:08 | Report Abuse
But off course, only if u believe in Johotin's susu story in 2016/2017