Yesterday normally quiet VC-WB saw 2.3M transacted Today as of 10.20am 1.2M done and in positive territory. Does this mean somebody collecting VC-WB and an indication of coming upward movement for VC?
at the moment, madam is bleeding cash due to conversion of PA. The only way to recover is to push up. While buying WB, they would supress mother so that no one notice.
Look at price of MMAG-WB also contributed by CSY. Now at RM0.215 CSY believed largest shareholder of MMAG-WB. If not mistaken changes in shareholding of warrant no need to report to Bursa. Somebody could be collecting
Probably Choo kena margin call. again. f CSY know I believed would have bought from Choo instead of paying a premium at RM0.10 from NSK. If company is hopeless CSY will not buy RM0.10 from NSK & Choo would have liquidate everything nstead still keep 75M. Somebody collecting so much VC-WB for good reason as total no outstanding is only 60M. Feel this is to prevent VC-WB from falling into wrong hands so as to prevent conversion in a hostile take over battle or somebody may want to use them in future for the same purpose.
Just realised somebody collect VC-WB so much because this person may have inside knowledge or of the opinion sometime in the near future even with the conversion price will still make substantial returns. We are looking at today's scenario but this person is looking very far ahead. No body will pay so much to lose money. Not stupid. Only we cannot see the true picture
Actually VC WB is for what... I'm not good in warrant thing. VC TA shows already some good TA. Need momentum only. The momentum is from the directors start pumping up price. I believe they have their own goreng team and should be stable goreng back to 0.2
The sign of truce between Datok and Madam (possible scenarios) 1. Datok does not try to beat madam as main shareholder. 2. Datok is made director of VC 3. Acquisition of Trinity by VC
Wow... Zhm540... Good morning.. Trinity acquisition of VC. Since NsK wants his trinity to listed, maybe need VC to bring them. CSY want full holding on VC, NsK 2nd, then NsK make a deal with CSY, if you don't want me to take full control then I sell off some of my shares, you took all CPH share, but you let trinity acquisite VC. Win win scenario for both. Yes.
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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....
Kann100
135 posts
Posted by Kann100 > 2020-07-01 12:45 | Report Abuse
Unless break 10c , it will more to come.