I do not know how many of u know that the exercise price of skp-wa has increased to 55 sen from 45 sen on 27 june 2014. Skp-wa is therefore trading at premium of 40%! But if the share can reach 60 sen (which is just 5 sen away), based on a premium of 25%, skp-wa is worth 20 sen. So, there is no need to panic. And, if maybank chartist's target of 73 sen for the share comes true, even with the 55 sen exercise price, skp-wa is worth 36 sen.
If u r making money from this counter better to take profit. Dont just read good news hold on. Good news is for u to run. This counter start from .06cts. now .22cts. too good. Let other earn... Dont fell in with stock.
This stock move is quite fast. I hav see a few counters when mother reach above .60+cts. stay there sometime come down below .50cts. Let us see 1st... Better 2 take profit. Let others make some...
I sold all yesterday. The recent increase in exercise price does make it less attractive. Some people might not know about this. My focus now is on PJD-W and IOIPG!
Hello skpwatcher ( aiyo somemore can call ur self watche, later u kill someone le) pls read probably the statement . Exercise price is 0.55 after 27/6/14. As stated in the annocement u gave -(ii) exercise at any time on and from the second anniversary of the issue date up to (but excluding) the fourth anniversary date – RM0.55 per SKP Share; and
Although I have sold mine, it is a fact that share price is unpredictable. It can go up or down any time. Who knows, it will move to 30sen in a few week time?
When the new plant churn out products by this year end, revenue multiply..... All products made are considered sold.....to OEM Dyson. So additional xxx volume x gross margins ....additional recurring profits....will balloon....
Whether 0.55 or 0.45, it will continue to fly so long as revenue continue to balloon......as reserves and NTA balloon...
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jcwm22
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Posted by jcwm22 > 2014-06-28 14:08 | Report Abuse
Mirete1101, mitra also has 100 million cash? I must go check it out.