In bursa company hold a portfolio even in quoted stock, market also give a discount pricing. Be ouse fund manager were not favourites in this type of share.
When FINTEC was at 0.06, PA was at 0.03, From there if FINTEC go down 50% to 0.03, PA also go down 50% to 0.015, From there if FINTEC go up 50% to 0.09, PA also go up 50% to 0.045,
Now FINTEC is at 0.16, PA is at 0.08, From now if FINTEC go down 50% to 0.08, PA also go down 50% to 0.04, But, from now if FINTEC go up 50% to 0.24, PA will go up 100% to 0.16.
We should buy PA instead of FINTEC.
Of course, if you are very sure FINTEC will go down, then do not buy at all.
Base on Friday closing, FINTEC 90 days historical volatility was 121.46%,
Input Interest Rate of 2%, and Dividend Yield of 0%,
We get: FINTEC-WA Implied Volatility is 77%, FINTEC-WB Implied Volatility is 70.6%, FINTEC-PA Implied Volatility is 0% or not meaningful as there is no premium.
If FINTEC Volatility in the coming years is around 70.6% (Lower of WA and WB Implied Volatility), Then FINTEC-PA fair value is 0.1346.
Very strange counter Profit for 1Q so good Eps 16.66 Cts but share only 15.5 Cts Funny Funny fun Don't know why the management is not interested at their shares price Don't tell me that they want to take private for themselves
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....
bausokchai
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Posted by bausokchai > 2020-08-31 09:32 | Report Abuse
In bursa company hold a portfolio even in quoted stock, market also give a discount pricing. Be ouse fund manager were not favourites in this type of share.