Why I say poison? This is warrant. Conversion price is RM 2.18 with less than 3 years to expire. Mother price only RM 1.27. By right warrant should be worthless unless mother sure above RM 2.18 + 0.175 = RM 2.36 before 2018.
anti debt....you're right but not 100% since every warrant got premium and mrcb-wa still got 3 yrs and base on calculation of mother share margin of safety(just one off cal)...this warrant still has room to go up.....anyway i'm not telling you to buy/sell......use yr knowledge/expertise to trade....
0.25 is easily reach within this year or lucky enough within this month !! Bear in mind all their projects launch over the last 3-4 years r now cashing in very healthy , I know as I m one of their loyal buyers in almost all their KL Sentral properties ahhhhh
Great about this counter over the next 6 moths & beyond will b trading on a "curve" costal like "princess" towards TP 0.50 ish n if u got sharp vision to get in & out at the right moment , 4sure yr "princess" will b smiling on the way to the top of the mountain n calling u "yes yes yes" , ohhhh Let's watch how many times it will pressure up more than 10%-15% on any one day n round the corner it will de-pressure down by 5-10% n zoom back & beyond , blah blah ........ opportunity to make extra money in between those gaps lohhhhhh, all the best guys !!!
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....
crystal168
1,663 posts
Posted by crystal168 > 2015-10-30 12:30 | Report Abuse
ok, very good...