Best strategy is not to sell because you don’t know when it will rebound. As I said earlier, all glove stocks will continue to go higher and higher until the pandemic is under control. The best strategy is to buy and hold for many more months until you can see some indication that the pandemic is under control and the demand for gloves is reducing.
Good news for C97 is: - the warrant is relatively cheaper now (compared to the mother) with lower premium - premium can't drop much more - it's more attractive compared to other warrants with high exercise ratio due to the lower premium
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....
kpsalak
264 posts
Posted by kpsalak > 2020-07-02 13:37 | Report Abuse
This C97 premium is 44.09%, Gearing is 1.83,
better buy C93, premium is 30.68%, Gearing is 1.96