is a good warrant, Genting is at lower level, exercise price is RM7.96, Genting asset is RM6.50, and earning RM1/= per year, Genting will have asset RM11.50 minimum, (Genting-WA can value in RM3/= minimum ), Genting during this 5 years time is have one time shoot to RM15/=, Genting-WA should have RM7/= minimum.
not enough money to buy, only have 9000 Genting-WA, if after 20th Jan 2014 getting bonus, getting the loan of 22K, and Genting-WA below RM2.80 will put in more money, or Unisem up to RM1.60 will convert to Genting-WA
The warrant price is still at a premium of 91 cents (9.11 = 7.96 + 1.15) as compare to it's mother share (8.20). The fall is due to investor loosing confidence on the future prospect of Genting. That is my two cents.
Prefer GENTING than -WA ~~ But since GENTING wont pay higher dividend to kill -WA ~ Is ok to collect... Wait stable first.../ Hammered before start collect :D
Buy on uptrend.... coz this chart in bearish (Downtrend) mode. .. Market seem like will drop more and people now avoid -WA ... Bimb-Wa drop alot too and It's totally undervalue... Myself will only buy once Genting trend changed to uptrend first... Currently ringgit drop 9 years low...1MDB haven't settle and alot people predict Fitch will downgrade Malaysia.... let's pray for KLCI !!!
Recession proof counter. What more do you ask. Casino business never zap lap one. Nta 7.7.
Next year brand new theme park, geng than singapore universal studio. Current price is so seductive, from 2.9 to 0.9 still not buy nan dao wait till 3 only buy? Long term 2018 i see genting at least 11 ringgit
I bought Genting-WA during last crash, at 0.70 level, tht time it crash further to 0.55 level. Lucky it bounce back I quickly switch liao. But it should
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Gladys
11 posts
Posted by Gladys > 2014-01-02 14:06 | Report Abuse
any one have idea the expiry date of this warrant? thanks for reply.