With the prospect, Saudee can go beyond RM1. Muslim community in China is largest in the world. With China market penetration, Saudee profit could skyrocket in the coming years
Saudee-wa is discount price for mother right now. current price could give you more than 50cents profit upon conversion. from the chart, you can predict where the trend line will go. happy trading
Yup if lets say we buy Saudee Warrant now the maturity date is on 31st March so if we dont sell the warrant what happens to it. Will it be converted to mother shares?
looked like momentum has been gained at 0.86. normally price will go up after the momentum is strong enough. i predict before 12 saudee will have show. continue for second session
Get the Warrant Exercise Form if you need to convert. It is available at Bursa Malaysia Company Announcement section. You need to fill in the form, prepare bank draft and submit to Tricor before expiry date on the 31 Mar 2021.
let say you bought wa 100 lot = 10000 units. you need to pay 10000xrm0.50 = rm5000 to convert to saudee. let say you bought 100 lot saudee-wa at rm0.15, so after you convert, you will got 100 lot Saudee with price of rm0.65. if by the time you finished your wa conversion, if saudee price go up to rm1, you will got rm0.35x10000 = rm3500 profit. but conversion need time. but i am not afraid coz saudee got big potential.
son is undervalue ... my two cents that son worth to convert because the company needs more conversion for their expansion. long term prospect, the market is huge in china... mother should be at least worth RM 1 before son conversion.
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....
Christ cs2020
226 posts
Posted by Christ cs2020 > 2021-03-10 15:47 | Report Abuse
warrant is still cheap. !!