All time high if you taking into consideration for those purchase before ex entitlement of wa.
Current price mother = 42.5 sen & wa = 20 sen.
i.e.: for 3 mother lots = 42.5 sen x 3 = RM 1,290
entitlement wa= 2 lots = 2 x 20.5 sen= RM 410
Total = RM 1,290 + RM 410 = RM 1700
If based on per lot price before ex= RM 1700 / 3= 0.57 sen.
(1 lot= 1000 units).
Likely touch 50 sen soon...and then climb above 70 sen once EGM, aquisition deal done and better financial results announce with the hope of positive earning contribution from lately acquired company such as vanguard, samundra oil services s/b and or mindef awarded projects....2014
If tomorrow doji with long upper tail appeared, that could be the last upleg before consolidation. Resistance 0.475 to break tomorrow for strong upleg.
1. Censof from 40 sen plus n now stabile and looking bright future based on their latest business transaction and likely involve in GST related matters....
Keep for medium to long term since already break 60 sen my initial target, may likely to attract more PNB link companies or fund manager to invest in this smallcap company. { tumb up to Myeg. }
Now,
2. Destini- after ex bonus warrants, price gradually up from lowest on 14/10, 31.5 sen with interval small purchased by big shareholder on 16 & 25/10 respectively at 32.5 sen and 32 sen respectively.
Price currently in the range of 36 to 36.5 sen n believe worth to consider while awaiting for their multiple proposals in which yet to table for egm.
Consider also their offered price at 35 sen to purchase samundra oil services sdn bhd.
Both of the above counters must be patient and avoid contra in order to enjoy fruitful gain...
Note: Invest at your own risk.
My last month statement.....
Cheer!
Likely more to come and once reach 50 sen with gradually attract solid institution to buy ..........
Note: my own assumption n invest at your own risk. No contra.......
Wa - exercise price plus 40 sen. With 3 year tenure n end on 2/10/2016
Buy mother is better compare to the son.. So far Destini is the cheapest oil counter compare to other . It is because Destiny having extremely low long term debts,so no worry going to on 17. Sealink, Daya these two counters having high debt although they have no cash flow problem. One of my conditions of buying share is that ,the company must be low in debts.
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derrickinvestor
9,058 posts
Posted by derrickinvestor > 2013-12-05 20:59 | Report Abuse
Azli hows your dscsol? Sudah dispose?