Aheng everyone knows that. The key here is it is unlikely that mother price will tumble and the wc can afford the mother share to drop for 10sen for its current price for a premium of 10sen. That's why the risk is extremely low.
Based on what OTB has predicted previously, the time has now come for PJDEV to move up just like OSK and OSKProp. It is unbelievable how OSK Properties has moved up so quickly. I am keeping my fingers crossed that the TP of > 1.40 will be achieved soon. One indicator would be the fact RHB Cap moved up yesterday indicating that the merger is on. Thanks OTB.
Share prices also depend on global sentiment. The outlook for Europe appeared to be gloomy. According to a report, if interest rate in US increases, investors will pull out some from the emerging market and shares prices may tumble. I just sold 15% yesterday and will continue to sell more if the price continues to increase
Correct but I have to say that based on what I have seen since subscribing to OTB's articles, I don't worry what happens with the DJIA or if the KLSE index in red. The recommended shares seems to be able to buckle the trend.
talking about optimus, i wonder where all the people that bashes OTB right now? Funny thing, price drop time all come out like little mushrooms after rain and curses people upside down...
selling catching up.. things is, ppl hope to profit take and hope it will dip low enough to enter again.. will it drop low enough or will there be road blocks to push it further ahead ?
@shacks, it was a good move actually to realize some profit. Risk is very subjective from individual to another individual. As for me, I have learnt my lesson when I invested in Dayang. I bought at 1.85 and sold at 2.11. Not only one month after I sold. It climbed so high. I really know at that time dayang is a good counter to hold. But I'm affected by the surrounding and sold.
Jester, you're rite. I sold as it reached the price I targeted so I executed my plan. Hoping to hop in to the wagon again when it dropped, but it never did.
Yes indeed. We all learn from our experiences. Rome was not built in a day. As for this counter, I'm tempting to sell as well but I'm confident in it's upcoming Q report.
However, with that being said I've also put a trailing stop to this counter in case something goes wrong.
I have learned a lot from people in i3 and hope to learn more from you guys as well.
I think oskprop players will move over to pjd, now it's low premium, result will be released next week, with expected good result, merger news ...... etc. Alas, it's against weaken sentiment.....
Haha bro seph, indeed it is odd to see the premium is at this level now. Any particular reason? I'm not well-versed on the subjects of warrant's premium. Thanks
One reason I can think of the low premium is because olh holding in pjd ~30%, not not that high, so, pushing for merger could be tough task....RHB/CIMB/MBSB merger is not yet conclusive ........so, olh might not yet have the firepower .... just a thought....
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....
Aheng
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Posted by Aheng > 2014-08-20 11:46 | Report Abuse
If the mother share tumbles, warrant will also follow. I do not think that holding this warrant is a low risk investment