so cuncun, what's your thought since you purposely created this account for this reply? or just another that saying merger or take over, or your remisier telling you to buy before late?
I dont see any reversal sign yet at least and in fact its already dropped for about 20%. Good price to enter but buy at your own risk, no one guarantee anything.
PJ Dev Wa has long expiry date and trade almost at it's intrinsic value. It is deep in the money. The problem is that the historical volatility of underlying share is too low, 26.5%. The implied volatility of warrant is much higher, 40.8%. The mom is suppressing the son. The mom has to move forward at faster rate so that the son can unleash it's potential.
You can see just now there's an eager seller which is around 60k unit throwing at 0.985 and the total buyer suddenly reduced all the way to lesser than 55k till 0.96. LOL ...good show :)
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....
RealSteel
14 posts
Posted by RealSteel > 2014-09-02 10:28 | Report Abuse
buy more on weakness....no worry..strong fundamental company..i hold and add on more