Funny people here, when price go down u sell.... when price go up you also sell.. better don't play shares guys. Better keep your money in the bank. Nobody can tell you which counter is good, even an experienced trader would not know. Either you learn how to trade or you learn how to study fundamentals and make that decision for yourself.
There's a continuum between zero and one. For some counters, you kind of know what's going to happen. So odds is that you'll get a chance better than 50/50 in guessing the right price direction.
Maybe I'm still upset with how Gadang didn't normalize their QR results and also how the price is subsequently toyed around.
All ex price = (2*2.77+1.06)/(4+1+1) = 1.10. Minus the exercise price of warrants 1.06 = 0.04 (warrant price). It is in money already. Given 20% premium, the warrant price = 1.2 X 1.10 - 1.06 = 0.26. Five more market days to go.
So many funny ppl. Dont even dare to buy at low. Talk on sell and gain 5k 10k, straight 100k lar. LOL Pity them can only cut lost and watching ppl earn money.
The gain from split/bonus issues is almost the same as the gain of the mother share (before ex). The extra additional gain actually comes from the free warrants.
This is why it is better to go through the shares split, bonus issues and free warrants corporate exercise.
The following information is extracted from CIMB Research Report. For the full research reports and disclaimers, please logon to your account on www.itradecimb.com.my and click on Research.
KUALA LUMPUR (Nov 16): AllianceDBS Research said the immediate hurdle for Gadang Holdings Bhd (Gadang) was seen at RM2.79 and that Gadang had on Nov 15 filled the downside gap left behind on Nov 8.
It said the stock subsequently settled at the day’s high of RM2.77 (up 14 sen or 5.32%).
In its evening edition yesterday, the research house said Gadang continued to stay below the 20-day and 50-day moving average lines.
“Following the up close on Nov 15, the stock is likely to move higher again with immediate hurdle seen at RM2.79.
“A crossover of RM2.79 should see further price rise to the next overhead resistance at RM2.94.
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....
newbe999
54 posts
Posted by newbe999 > 2016-11-15 15:36 | Report Abuse
Sifus I am new here. Can someone inform me YTD contract won by Gadang?