You are partly right but if you own PA you are getting 3% dividend. We think WZ1 likely to have something good going forward. Note that the Group CEO is buying WA, WB and PA. Very unlikely he is buying these securities especially the warrants if he expect bad news coming !
mother share 19.5 sen, PA 16 sen .... those holding mother share can sell and buy PA, to get arbitrage (no risk) gain !! PA can be converted and get back the mother share :D :D
Ny036 however if mother drop to 0.14 in this on going bear market, then it is not worth it. it is correct? 13/05/2021 4:30 PM ---------------------------------------- Good question! :-)
collect guys! the boss need to pay RM0.11 to buy the preference shares and need another RM0.11 to convert to ordinary shares, RM0.22 breakeven but the price today closed at RM0.155. Hmmm smthg is not right
Minimum Covid-19 100 deaths nowadays? PN govn still not gagal? Why Parliament full seating must be delayed to Sep?
Undi_PKR If Muhyiddin control Covid19 very well we can accept but how about Covid19 death 60-70 persons every day also must we say him good? 23/06/2021 10:00 AM
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....
Karlos
1,256 posts
Posted by Karlos > 2021-05-13 17:24 | Report Abuse
You are partly right but if you own PA you are getting 3% dividend. We think WZ1 likely to have something good going forward. Note that the Group CEO is buying WA, WB and PA. Very unlikely he is buying these securities especially the warrants if he expect bad news coming !