WB has 35 months more. i think when 60% convert, the price of the balance 40% will catch up to close to the mother shares. it wouldnt be so much "in the money"
i am optimistic and confidence in mother share prices to maintance at current level or even trending further up when the acquisition deal of 35% share in Techninier is finalised and annouced.
Long expiry date for son. They won't trap the people converting now or else nobody else will convert in the next 35 remaining months. Conversion makes sense and free profit
i have a crystalball that tell me what going to happen
1. next week tuesday or wednesday macpie mom will goreng again. but becareful this time is the operator going to offload all their holding already since their objective already achieve which is to trap warrant holder to do conversion.
2. mom price will then drop below 25c in a few more days before the batch new conversion come to market.
didn't i said that mom will maintain above 30c for 1 week. in fact today closing look like they are setting up chart for next week goreng and becareful it will look horrible like MMAG.
Bobochacha yes you are such the expert that you predicted your wonderful GPA would go up but its only been going down all the way to 7 sen. Better go worry about your own stocks.
So far i didnt see any signal trader will push the son, they block the son price. If they really want to push the son, the price oledy 0.30 above, wont still at this price 0.065 level. They wont give you chance to buy low. Impossible.
When they press the son to so low level, mostly wont push again. No hope. The price mostly will around 0.06 - 0.07 only, even mother price fly very high.
The warrants will eventually move up once many convert to mother. But by how much is anyone's guess. Imagine last week scomi warrants can even reach the same price as the mother. How impossible is that?
No body will know the trader plan, no mather what plan they run, buy mother is better after my calculation. They control the son to 0.06 - 0.07, trader may also buy most of the warrant at this price do convert, than only push the mother fly to sky.
For example, persie case, son average price is 0.081, he sold all son 0.065 than buy mother 0.45, if mother fly to 0.70, he no lose, somemore got profit also but mother price must fly. If let say mother not fly continue drop to below 0.20, even he do convert, he still lose more money. Many possibility.
MakSiewWei You can see me but cannot catch me. Bursa SC cheap cheap only. I know them all, pay only I can con half Bursa counter teach new fish lesson.
I will not con you will make bigger than Topglove. Trust me.
Topglove2b Many paid poster here trap investors. Like robot keep promote the rubbish stock.
Persie, im not sincere? You are sincere? You are something wrong? You jus will say price will up, never say price will drop even the price drop deeply in front your eyes, this call sincere? Sorry no, you are unrealistic !
Persie, from your posting i can know what you done, you say mother you gain ( assume yes ), you cash out the mother money all buy son, than son drop like shit, thus will make you lose all your mother profit and losing you capital now as well, so now you have no patients, fron gain to bid lose. I hope what i say is wrong. Happy trading.
Persie, hope you will convert all your son, gain big profit from the converting son to mother ( 0.081 + 0.16 = 0.241, now mother 0.465, you still gain 0.22 after convert), why convert half only, all lah.
Persie, when the price is drop trend, i must say the true the price will continue drop, i cant cheat people, know price will drop still say price will up, worth to buy, this will make more people fall into trap, this is not my style.
Persie, you will say, you think you are god? Ofcos Im not god, i jus know a little bit knowledge that you dunno only and i more realistic. I wont think what will happen in the future, i jus will see what is going now day by day.
When a person talks too much, it will create animosity at some point. Talk less or shut up. Then the clouds of ignorance will disappear and the sun will shine again.
Nklpunya, ofcos im poor compare will warren buffett, am i not sincere? See you compare yourself with who only, i jus will compare with who is richer than me. Haha
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....
Ppmaster
4,431 posts
Posted by Ppmaster > 2021-03-26 20:39 | Report Abuse
One month later , you see the warrant quantity less how many unit than you know how many warrant convert to mother. This easy only 1+1=2.