Beware of covered warrants (CW). If you are keen to buy low share price "stocks", you must have experience and some "fighting" spirit. Do remember some old lessons from that Mr or Ms JC 6mths ago, he shouted ... Hmmm. Nvm.
Tip: One of the biggest CW downside risk is if the mother share price doesn't move up (within few months @ its expiry date, this CW is European style warrant), the CW will not have buyers Q to buy (almost none, if yes, buyer will Q at lowest bid in the Q i.e. 0.005 (half cent), if u have bought huge qty, u can't let go and your investment will become $0 after it expires (if out of money, OTM).
Invest with care. If you are not sure about CW,, then do consider buying the mother share instead (after doing analysis). Be patient. Do not: speculate, punt, contra or listen to anyone, analyze before making any investment decison.
The chance for a year end rally is getting more and more slim. It looks investors would be disappointed again. But never mind, there is another chance, that is the Chinese New Year rally.
Window dressing may not happen. Daim effect may affect market sentiment. Collecting on dip may continue for mid long term investors (nice to have fund to collect on dip)
free trade zone with singapore at forest city to be signed on 11th Jan , HSR tender closing 16th Jan , RHB IB overweight on construction sector , gain of 100million on deal with PKNS = good era for MRCB now on
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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....
theyoungman
1,997 posts
Posted by theyoungman > 2023-12-15 17:38 | Report Abuse
Friday flyday lai liaooo.
Finally.
Shines kor, Abang Rabbit kor, go?