correct micsoh, its rather unfortunate that 2 days in a row dow came down bcos of statements made by powell n trump respectively..i wonder whose statement tonite will bring dow again..hopefully not from any clown who speak without thinking first
Yes, 3 cents dividends are attractive..buy for medium term only...dont forget, warrants expired on 6 April, the price will remain n force warrant holders to convert or else become toilet paper...so the price will only move once warrants holders convert or wipe out...then 1.50..2.00..2.50 even 3.00 be seen....esp going to main board anytime as too high prifit announced...Bloomberg Asia is N2N target..the No1 financial news leader
Jianeric16, if it were like what you said, 85% in bosses n fund hand, if bosses never want it move, it will stay stay for years..it has not been moving breaking 1.10 for years already...despite the fact of making high profit, this counter may not be great at all...
Warrant expiry date in 6 April. Conversion 0.45 to mother share..by 7 April, its toilet paper...who will push up mother shares and warrant prices at this moment...however if 85% in bosses hand, they will then convert before it pushes..only one month deadline....you can buy warrant now, few cents cheaper than mother price if you buy to convert..
Means they won’t push up the price in the near future because if they do people can buy the call warrant and convert to mother at a cheaper price and sell immediately to get a quick profit . They will keep it at this price in near term . Not sure if this hold true because even if they push up the price the warrant will get push up as well but this was explained which makes my explanation invalid . This was explained to me by my friend .
The warrants in ikan bilus hand, if not to sell now, they got to convert them..by 7 April, become toilet paper, so market suddenly wipe out those stupid stubborn fellows, never sell n no money to convert...big bosses will convert by then...then consoludate efforts..the mother shall shoot up...hahaha..waiting for that day to come
You think operators will push mother n warrants up for you to unload warrants...what they want is either you pay to convert or unload cheap cheap for them to sapu all...you know if not because of warrants, mother could be 1.50 already...that could be the target by end April
tokti if that was true skpress would already be at Rm2.30 after the warrant expired. Similar to serbadak the price would have fallen following your warrant theory but instead it shot up. So that warrant theory doesnt work all the time either it does or just coincidence..
Last day of trading of Warrants is 21 March and trading suspended 22 March and last day of convertion is 6 April...Take good care of your Warrants...either sell or convert...dont let it be toilet paper
see how it reflects on price of N2N...wait till 21 March to push or to push N2N and its WA for ikan bilis to sell WA before 21 March, lets see.....up up up
Quickily convert your WA to mother share to earn the 3 cents dividends ..better this way...seems mother not moving much at all and cannot even go back to 1.00, must well patient to earn dividend and wait for it to shoot up..
Haha...i buy WA to convert...just a few days diff but save at least 5 cents...esp soon WA be cheap sale and mother jyst stay to watch...afterall up to 21 March only
Convert now you may still get 3 cents dividends...ie 6% of bank interest if you base on 45 cents conv price...n mother cheaper by 5 cents...total extra return more than 10%...
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....
snake_eye
958 posts
Posted by snake_eye > 2018-03-01 17:58 | Report Abuse
3sen at currnt price equivlnt to 3.2%..hoho..
dont you think its undervalue?