after pnepcb, the next counter to watch should be Lbicap yesterday almost limit up, that mean something is cooking up !! very small paid up and almost no free float in market !! very easy to play up. the warrant is sure bet because conversion price is RM1.0, at this level got no risk, could be another BIG ang pau for CNY !!!
Look like hardy any sellers on mother, but the price also not coming down ! Now the warrant is very attractive because conversion is only 1.00, monitor next week if mother continue going up with very little volume mean the share is cornered. If that is the case, I think the warrant still got plenty of room to move up further !
if warrant conversion is 1.00, mother around 1.60, expire date still many years away,theoretically the warrant fair price should be 75 to 85 sen !!!! Only 2 scenarios will happen in next few week, mother share have to come down or warrant price got to adjusted up !!!
LBI Capital (LBIC MK) Technical BUY with +22.0% potential return Last price : RM1.60 Target Price : RM1.70, RM1.96 Support : RM1.50 Stop-loss: RM1.48 BUY with a target price of RM1.96 with a stop loss placed below RM1.48. LBIC’s share price had experienced a protracted consolidation prior to the breakout on 9 Jan 14 as the share price moved within the RM1.20 to RM1.40 region in the last 10 months. After LBIC hit a new high of RM1.70, it retraced slightly to RM1.45 before recovering last Friday to close above the psychological support of RM1.50. We note the sharp rise in trading volume of 0.8m shares (vs 20-day average of 0.1m) recorded in tandem with surging positive momentum. Given the strong recovery, we expect the share price to continue ascending higher and retest the recent high of RM1.70 which, if breached, could trigger fresh buying interest and potentially move the share price toward our 1.0x Fibonacci projected target of RM1.96 in the medium term.
I think warrant has fully reflected the FV afrer moving up 20% in 2 days time If you don't lock profit, I don't know what is profit ? I hav locked in profit @ 50.5 sen
the game is to sell warrant, now they had easily distributed 20 million warrant therefore forget about this counter and go for new goreng i think the cat will shift back to goreng pnepcb again monitor closely.
Undiscovered Gd counter. Low PE n super revenue and profit grow. If the high grow performance can sustain in this quarter. This stock should double the price in 6 to 8 months...
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....
Tan Jackson
39 posts
Posted by Tan Jackson > 2013-01-29 23:07 | Report Abuse
Buy LBI for good yield, may declare bonus issue to enlarge capital, may declare devidant after 31/12/1012 result