This morning seem IB bought with huge volume. Accordingly to fibonacci retracement theory , if 3.27 breakout, next will move to 3.78(mean - last Aug'20 price). Let see!
Stay calm @CoolJay. Strike value at RM1.65 + RM1.73 = RM3.38. Chances of above RM3.38 is very high. By then you can convert it to mother shares. As far as US/China don't shake in the next 3 months. It's still a safe investment.
@CoolJay. Stay calm & don't worry. You still stand a good chance. BIG player(s) convert millions of WB to mother share recently. I would rather do nothing & to let the warrant expired if company has no future. BIG player(s) must have seen something. But again, if possible convert that to mother shares when price hit above RM3.38. At least mother shares has no expiration date.
@CoolJay, don't worry so much. Everyone makes mistakes. WB or Master FongSL also can't escape from making mistake. May be RM1.73 is a bit high for it's warrant but it's not something that cannot be saved anymore.
interesting business model. looks like they are arbitraging at the same time moving along the value chain. Their challenges will be logistic and supply chain management. An interesting company to keep an eye on.
with US and Europe economies normalizing, and borders opening, chocolate consumption will rise in these countries. It will be good for Guan Chong. Time to buy some now.
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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....
kl_guy
1,607 posts
Posted by kl_guy > 2021-03-10 21:31 | Report Abuse
gcb uptrend , boleh beli gcb-cw. kalau gcb naik sampai rm4.00 gcb-cw lebih 10sen.