Reasons :- 1) Upside potential on TA & TAGB. TA hold majority of TAGB. TA itself has an upside potential. Just look at the latest target price by Alliance IB will do. TP = 1.20
2) Clear driving force visible - heavy insider moves detected. The director was accumulating the shares from public aggressively.
Why TA-CA:-
1) Ratio 1:1, after TA move above RM 1.00, every tick of bid will be RM 0.01, by the same ratio, TA-CA will move in the tick of bid.
2) The lowest premium among all the TA-CW....we got TA-CA,TA-CB & TA-CC. Drop TA-CB, Maybank IB suck....we only got TA-CA & TA-CC, since there is no player at TA-CC, TA-CA is the only available option.
3) Potential on TA-CA: Assuming TA to hit Alliance TP 1.20 (which are reasonable), premium level to be maintained..(0.8+x)/1.20 = 1.072%, x = 0.48. Current price of TA-CA = 0.285, upside potential = 0.48/0.285 = 70%
while the positive projections are as above but please note, the truth is also when the TA move opposite direction. TA-CA cut faster & deeper.
Assess your own risk appetite before joining. Ask yourself if TP 1.20 reasonable & achievable ?
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....
Yunnan
405 posts
Posted by Yunnan > 2014-07-10 10:16 | Report Abuse
Buy TA call warrant. This is cheap if you all believe TA will move higher. Conversion price is only RM0.80. Now only trading at 7 sen premium.