Easy to claim what u bought and sold. When I ask him what stocks can buy he kept very quiet lol. Please continue to curse the stock, I'm a strong believer of karma
The more he comments then more I think of relooking into buying. Almost reaching my TP to buy
Hiaptek-LA very interesting counter for conservative investors. Interest of RM12.50 receivable every 6 months in June (next month) and December till maturity in June 2021 ie. total RM25.00 every year per 1000 Redeemable Islamic Loanstock (LA). Effective interest returns is about 8% based on the current price of RM0.315 (Much better than 1 year FD rate or even most REITS returns). Conversion to shares is on a 1 to 1 basis anytime (conversion premium is now negligible). Redemption is RM0.50 per LA but is at the option or sole discretion of the issuer company (Hiaptek). Mandatory conversion to shares at maturity if not converted or redeemed earlier. If Hiaptek go 'bust', LA holders have priority over shareholders as creditors for claims on the assets of Hiaptek.
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....
lwh888
167 posts
Posted by lwh888 > 2017-04-05 09:31 | Report Abuse
after bond redemption..the bank now quite low liquidity fund