After some consolidation between RM1.14 to 1.17 for a week or two, I think MBL should be heading higher again. Proposal for rights warrants already submitted by their Investment Bankers to Bursa.Q1 numbers were very good (eps of 7 sen).If they can confirm that with another solid Q2 numbers, then MBL will go past RM1.50, IMHO
ya huge volume between 1.19-1.22 .... then a shooting star form ... may be the shark want to low down the RSI 14d 1st ? lol previously is 90++ but yesterday down to 70++
Seems like a regular pattern by the Operator.As though to tell you that if you have the holding power, come along for the ride.But if you play contra, be extra careful
My remiser also ask me to take profit as the right warrants, and all good news is confirmed .... As the warrant is not free and normally when ask money from investor, normally will sell...
It is right issue of warrant. It means that you need to pay 10 cents per warrant.... therefore it means if you are holding 10,000 share you will need to pay an extra of RM 500 to get the warrant ......
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....
leslieyong77
110 posts
Posted by leslieyong77 > 2012-03-15 11:21 | Report Abuse
according to its historical trading band, it may worth bw 0.9 to 1.10