Sell lah...warrants is only worth 1 or 2 sen if mother share is 12 sen. So currently mother is only 10 sen warrants is only 1 sen worth. If mother move up to 15 sen...then you can get back your 5 sen worth. Those who bought at 6 sen trapped and there are lots of people selling at 3 sen now...and buyers are not aware and still buying it at 3 sen thinking it is cheap...no such thing as cheap...unless mother share push up to 13 sen again. We are buying warrants at 3 sen only for future projected value of mother going back to 13 sen.
I think there is a problem here....many people holding mother share at 12 sen and get free warrants...so they think if they sell warrants and sell mother to profit from the additional free warrants...at the same time they also sell mother together with the warrants..so the price of the mother dive downwards...and with the mother share value dropping naturally the price of the warrants' worth also drop..they should not sell mother but just sell warrants alone. Then mother's price is maintained and warrant won't dive so much. Many people heart attack buying at 6 sen warrants...and price dived to 3 sen...a plunge of 100%...wow...die standing...if play contra ...lose underwear....sad case.
Lots of money....something given free selling like hot cakes...sure big player got lots of free warrants ...even at 2 sen or 1 sen...money is falling from the sky for the big guys.
good la.... as i said... is China Con Man company..... come here listed in KLSE to con money some more give free warrant.... then now really tunggu mati for all the investors here.... they also dun give a damn now..... tipu money then cabut...
Buy and sell buy and sell...you can see the pattern....first they sell....let you buy....buy finished??? Then they sell lower...then you think it is cheap...you start buying ....they sell and you buy and you thought finish??? can go up??? Then they start selling cheaper again...again...again from 6 sen....5 sen....4 sen...3 sen and now 2.5 sen ......wow this are really professionals....price keeps going down...keep selling...until you are trapped and forced to cut loss...
If it is 7.5c for xinghe and the warrant is 2.5c the cost is only 10c which is cheaper than before the listing of warrants.The nta is 16c if I am not wrong.
Cannot say listed Chinese company in Malaysia conlah. All their accounts are audited by Malaysian auditors. So can I say Malaysian auditors also conmen?
If it wants to CON, not now. Impossible just CON you for few cents. Must fry it up first. Check & see how much XiDelang was up before dropped back. I bought it at 0.09 today. Believe it will fry up.
KUALA LUMPUR: Edible-oil manufacturer Xinghe Holdings Bhd is expecting an annual revenue of RM200mil following a tie-up with Arab Supplier Fabrication And Retail Sdn Bhd (Asfar), a manufacturer and exporter of palm-related products.
Xinghe and Asfar have entered into a 50:50 joint venture (JV) to build a plant in Klang to produce several types of oils and fats such as palm oil, peanut oil, soya bean oil and blended oil with an initial investment of RM20mil.
In total, the JV will invest up to RM90mil in the next five years.
Looking at today's trading volume for warrants, it represents close to 99% of warrants issued. Major shareholder holds 68% of warrants issued. If they are not the one throwing, can market makers create such a huge volume???
There is one good thing for it. It has a new manufacturing plant in klang. This is a feasible asset which we can see it. Not like other china companies which d factory is in china.
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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....
richkid
8,140 posts
Posted by richkid > 2015-04-01 15:01 | Report Abuse
Sell lah...warrants is only worth 1 or 2 sen if mother share is 12 sen. So currently mother is only 10 sen warrants is only 1 sen worth. If mother move up to 15 sen...then you can get back your 5 sen worth. Those who bought at 6 sen trapped and there are lots of people selling at 3 sen now...and buyers are not aware and still buying it at 3 sen thinking it is cheap...no such thing as cheap...unless mother share push up to 13 sen again. We are buying warrants at 3 sen only for future projected value of mother going back to 13 sen.