It would also be the first time I buy the CW of high-priced counter. The mother's price is our local equivalent to Apple or Google. Looks very interesting - the premium at 20-something is reasonable, especially when there's almost 12 months left before it expires. This is the kind of counter which long-term investors would buy although the ex price of RM65 looks a bit scary.
Wow! Another good showing today after yesterday's rise and recovering from the slow start in the morning. Going to follow this CW closely - with this kind of strength, the ex price of RM65 looks very possible.
Mat, next to me leading your hand, I really dunno what to say about your hesitation anymore! LoL. Have a bit more faith about your predictions la. Its about time already! Hahaha
The mother's price - it's new territory for me including psychologically and I was slow to mentally adapt. Actually I should have simplified things, i.e. in seeing it as just like the ones I'm familiar with...the below 10.00 counters. RM65 - just see it as like "6.50", and that its previous price was like "5.60". From this angle, it's more than possible to be reached. There wasn't much to lose, especially when its premium was very reasonable AND with a very long expiry date.
Too late for that now. All that I can do at the moment is to use this as a lesson so that I'll be more decisive when similar opportunities appear. They will, this I'm sure of.
Was/Am hoping I might get a second chance after missing out the last time. But this one hasn't gone down "enough" to punt on. Keeping this in very close view...
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....
passerby
2,877 posts
Posted by passerby > 2012-12-03 17:12 | Report Abuse
need to lure MC, kcchongnz & richman over here
playing this one ?? kcloh said can recover to 59 anything :)
alexlulu screaming buy !