Yes RevenueQueenie,Arbb is on-going for rally! For those who bought alr just hold on tight! And for those who have not bought its time to BUY ALL IN...........Next powerful big wave are coming in......cheers!
Let's see today. If it can break 0.38 and touch 0.40, it would have retraced all the way back to its previous high (Nov 4) of 0.40 after a major downward trend. The possibility of this going to 0.47 in the near term is good, what with the hedge fund's involvement.
Dont get too caught up in past highs. Go easy and watch the momentum. use two or three indicators to warn you before any trade. Past trend is only reliable to watch the retracement direction - not a sign to go in blindly. I would look at Stochastic and MACD, in addition to a Fabi
682pujut2b ARBB-PA is trading at a discount to ARBB mother share price. Theoretically ARBB-PA is worth RM0.15 when the mother share ARBB is trading at RM0.34.
Cicakman.. What do you feel right now.. Happy or not by buying ARBB-PA ? No need to convert lah. PA is much highr in profit. But need mother goes up first.. Push mother and push son..
To reap big profits, buying the son is better and it will give exponential returns based on percentage. You can also buy more and it's in the money. Over time, the PA price may close the gap, depending on how bullish the mother price becomes. Like the new man in charge said, we won't declare dividends but investors will be rewarded with capital appreciation,cheers.
HO ho HO agreed with you guys, PA little movement equals to 25%-50% or even 100%! Buy call buy call, ARBB price will shoot up and break at high price...............Year end TP RM1.00!!! HO ho HO
Hii, jimmyho68 Theoretically ARBB-PA is worth RM0.15 when the mother share ARBB is trading at RM0.34. PA price = RM0.34 - conversion price = RM0.34- RM0.19 = RM0.15.
Why isn't the price of ARBB-PA moving up to narrow the gap ya? When it is in trading in the money means that mother share value is already higher then the exercise price (RM0.19). Market typically will discount the mother value by some percentage when it is trading in money. Don't ask me why, but this is just the way it is. I can understand that there is a lag time of may be 1 to 2 weeks in converting to the mother share and therefore by the time you convert to the mother share, the market price of the mother share might have dropped by the time conversion is done. However, in the case of ARBB, if the business is going to become better and better, the mother share price will trend upwards in the medium to long term. So there is little risk keep go up, so there is less risk of owing the PA as it will become more and more valuable with time.
just wait for the mother share to stay a while without drop, the PA price will catch up. e.g. two days ago then mother touch 0.365, PA was 0.100 today mother remain around 0.360, PA gone up to 0.120
ok guys, if buy PA wait 2 days, from 0.10 up 0.12 earns 20%.... buy rm10000, earn rm2000
Then if BUY PA bla bla bla convert 8 working days.... and top up more money 0.10+0.20=0.30(market price 0.34) approx 11%earn 0.04...going into lots of trouble and pay so much money, pay rm30,000 earn rm4000(0.04 cents) sure a big NO for me....
Better than when PA is at 0.10, i buy rm20,000.....wait for it surge 0.12= earn rm4000- Low risk high return, less fuzz..... conventions needs to buy bankers cheque and go to sheraton make payment.....
What puzzles me this time around is the gap of 24 sen. When I looked back to April 2019 pricings, the mother was around hovering around 42 sen and the son was then hovering around 23 sen, a gap of 19 sen. Anyway, hopefully the gap narrows soon.
Agree RevenueQueenie, beside that BAT is not stable, BETTER BUY ARBB SHARES, not mistaken this raya ARBB will give LOTS of angpow! SAPU ARBB shares guys!
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....
MoneyMaker168
369 posts
Posted by MoneyMaker168 > 2020-05-06 15:25 | Report Abuse
Yup.. SweetMemoryLane, But I think more due to the Moodys downgrade of HK.