I had sold way too early last week, at 0.57. Sigh. Left so much money on the table. Looking for it to go down enough so that I can to buy again. Not at this price though. A lot of life in this warrant until expiry and the ex. price isn't far from the mother's.
The risk is the mother slowly spiralling down. But this shouldn't happen if the quarter results show at least "good-enough" profits. Don't have to be excellent like the previous one.
In the financial , stock market theme in US is the technology sector , Nasdaq with the 52 weeks , low is 10,519 points and the high is 14,896 points , the closing for 6 August 2021 is near the historical high , 14,836 points and now KLSE enjoys uptrends momentum for Technology Sector , and the spillover strong positive effects included
KGB / 0151 Warrant for Technical / Trading Buy Short Term Target Price RM 0.60 to RM 0.745
========================================================================= Technical Buy + Trading Buy KGB Warrant
1. It will be good to put KGB Warrant inside your favourite watch list for buy orders on the KGB Warrant as it behaves almost identical pattern as Comfort Warrant
Analysis on Comfort Warrant WB
1.1 Comfort Warrant , WB first day of listing 6 July 2021 / limit up RM 0.305
1.2 From 6 July 2021 (1st day ) to total another 13 trading days -- to 26 July 2021/ RM 0.745 total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %
July 2021 1.3 . 1 /1st day / 6 / limit up RM 0.305 2 / 2nd day 7 / closed RM 0.39 3 / 3 rd day / 8 / closed RM 0.39 4 / 4 th day / 9/ closed RM 0.415 5 / 5th day / 12 / closed RM 0.385 6 / 6th day / 13 / closed RM 0.395 7 / 7th day / 14 / closed RM 0.40 8 / 8th day / 15 / closed RM 0.47 9 / 9th day / 16 / closed Rm 0.465 10 / 10th day / 19/ closed RM 0.47 11 / 11th day / 21 / closed RM 0.595 12 / 12th day / 22 / closed RM 0.665 13/ 13th day / 23 / closed RM 0.71 ( high RM 0.74 ) 14 / 14th day / 26 / closed RM 0.64 ( high RM 0.745)
========================================================================= KGB Warrant , WB --- strong positive momentum , follow by huge rallies and small shallow pullbacks.
KGB Warrant WB / 0151 WB
target price RM 0.60 to RM 0.745
======================================================================= KGB /0151
Listed on the Main Board of the Malaysia Stock Exchange, Kelington was founded in 2000 to provide Ultra High Purity (UHP) gas delivery solutions to the electronics and semiconductor industry --- in the technology business. We offer a comprehensive range of services in the design and installation of process and mechanical system to our customers.
Yes, major shareholder Lau disposed of a big chunk of his freely alloted Comfort warrants(WB) at good prices! But the market operator was smarter to distribute them back to the punters/investors at even higher prices(highest, 74.5 sen).
Those who are still holding the warrants can only pray that the operator do another pump and dump.
This morning, we saw another classic sign of a "pump" by the operator! Mother share was up 3 sen, but the warrant was up 5 sen! Comfort share has been in a downtrend. What logic is it that the warrant can go up more?
WB has a lifespan of 5 years and it is still a long way to go before it expires. The major shareholders are just like other shareholders and it is normal for them to buy and sell shares and warrants in the company.
I doubt the major shareholders only sell the WB from the free issue. Just like other shareholders or WB holders, they will buy when the prices drop to attractive levels and they will sell when the prices go up or they push up the price to sell.
I view Comfort to be a " cornered " stock and, as such, the share or warrant prices don't move much unless the major shareholders push them.
As minority shareholders, we only have to wait for the prices to move before we act on it. Its a waiting game for the small players.
To make money by riding on the major shareholders, the smaller shareholders can only make money by buying at the right time and selling at the right time. These are the only skills that need to be sharpened if you want to successfully ride on the major shareholders.
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....