"gelong PA price does not make sense, but mother and WC should go up further. But the operators dont care. I would say all 3 will move upwards yoyo regardless 04/03/2017 12:07"
You and the author are so ignorant, OCR PA conversion option 2 is 1 OCR PA + 45 cash to 1 OCR share..and this conversion option has virtually turned OCR PA into A NON-BURNT WARRANT EQUIVALENT with actual conversion price of 45 sen , which is 5 sen lower than OCR WC conversion price of 50 sen...GOT IT NOW ? do you understand what is "NON-BURNT WARRANT EQUIVALENT " ? if you don't , please ask me...do not mislead the public ok ?
yes, i agree with cytew.1 OCR-PA can be converted to 1 OCR mother share with RM 0.45. With target of RM 0.70-RM 0.76 for OCR mother, OCR-PA should be easily come to RM 0.25-RM 0.31. OCR-PA is a cheap proxy to ride on OCR growth story.
it depends on how much you purchase the PA, furthermore you wont have sufficient time to realize your profit coz by the time you convert, the price will start to go south. Conversion will take a week or so. If you are a long term investor I guess you were in the right direction.
Interesting discussion here... as there might be second operator to playing around here since emotional are smell from yhis exercise. For Fa, stick to your standpoint. Short term got to play reversal thinking.
Calm down @cytew. I did not check the detail of OCR-PA and that's why I stated "Remember to find out the detail of OCR-PA" in my post. Thanks for the PA information though :)
OCR PA would be a better choice to hold than OCR WC beside its lower conversion/exercise price,if upon maturity, OCR falls below 45 sen,WC will be burnt and not PA. In addition to these advantages, if there is dividends declared,PA would be entitled and not WC.
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Posted by gelong > 2017-03-04 12:07 | Report Abuse
PA price does not make sense, but mother and WC should go up further. But the operators dont care. I would say all 3 will move upwards yoyo regardless