Ooo I share your sorrow new rookie, shouldn't have bought when warrant is expiring .. Unless u want to convert, even converting also have to look at its worthiness.. If I were u, i ll cut lost with whatever that can b salvaged, otherwise, once expired, sorry to say, it will become toilet paper.. I m talking thru experience with dutaland wa in 2011
Hope can be like Notion-wb or Cuscapi-wa or PUC-wa but now hopeless. Only 2 weeks left before its suspended by Bank Negara. So sad right now. Can miracle will be happen?
If I am owner of the company , I will make sure the mother is above exercise price and good to exercise , dont hurt other people .. it's not good and karma happen ..many examples surrounding us ..we hurt people , we will get hurt .. Make good to other people ..we will be good ..
Boy ... you are on the hook & shark won"t let you go ... take the lesson learned & move on ... stock investing is a "winning the loser's game", you were greedy & you made mistake .... you have no choice but surrender your wealth to the winner ... eventually it is a zero sum game. Improve you skill/knowledge before bet on the next game!
I think many here had even loss money in share market included myself. I learn from all mistake and I change my altitude from gambler and learn to be investor. Buying share is owning the company, it is not trading a product. Change you mind, Own the company and let it make profit for you in long term. Life is about learning, don't stop there, move on.
Agreed with Tai KT. To those who compared notion-wb to this, when I looked at the history, notion mother started to trend up convincingly and strongly in late Dec 2016. The warrant only moved drastically mid of March 2017 when the mother touched RM1 which is its exercise price. If you got burnt, maybe take a time out from bursa and re trace your steps and improve.
Pity and so sorry ..agreed with above .. learn from mistake .. Cruel company normally will have tough and bad time and will die fast .. Its just matter of time ..
Thanks you guys for all support who those have same bad luck & put money to this very2 cruel company. This Ivory have many projects in Penang. They quarter report make a lot profit. I really do not understand why their mother & especially son drop so drastic such as like that even will be expired soon. I move on..
sometimes this is how the market behave. they move up or down unexpectedly. just look at gadang and ekovest. they got new project on hand, but the share price still going down
Can buy, but this type of behaviour , killing people by way of pump and dumb is not gentleman ..history is repeating , cruel people surely will face the consequences ..
i cannot understand people who buy warrant and still ask question like this... YOUR WARRANT IS WORTH 0 NOW, YES Z E R O, YOU CANT CONVERT IT, IT'S WORTH NOTHING NOW
Correct Tai. People who bought warrant are just betting that someone will drive mother's price up to a certain level and willing to see that money burnt if it doesn't happen.
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....
Tai KT
1,419 posts
Posted by Tai KT > 2017-03-26 18:49 | Report Abuse
cut or no cut only make little different now. you should set the cut loss point.