char1234. let's look at your mflour warrant which u claimed. im not sure how much you have hold mflour warrant but looking as you mentioned you loss alot on warrant, i supposed you have bought 8 cts to 10 cts (maybe more).
based on technical chart, u know this is a moving downtrending stock and u are basically betting on marginal gain from downtrending price movement.
u also said you bought alot of quantity and very obvious you are betting on big volumes for few cts gain.
mflour warrant EXPIRING THIS COMING 9/5/2017 conversion of 1 to 1 at 2.06??? (now price at 1.46) worth it boh???
u are betting on a wrong counter with wishful thinking that u could win the profit.
i will not buy this counter even with 1 cts offered. this is a running out of time warrant. suggesting u cut loss will be a better choice.
no way you can compared censof with mflour warrant. 2 different entity. expiry date for censof wb is 18/7/2017 and warrant B is 7/10/2019 impairment already been done for Censof and they have promised to move ahead in the last news (above) which will reflected by March 2017 this year.
directors already thrown wb and the price movement of censof are very very much due to better profit results contributed and supported by dnex lucrative profit.
so, congrats on your warrant A, and still proven the profits from censof warrant is far BETTER than warrant mflour.
tronx, if you have long at (umw) at 4.66 to 5.10, congratulations.
UMW dragged by o&g and after recent demerger...probbaly need time to generate plofit.
Y.O.Y for UMW caught me in surprise. Does not displayed any good profit (June and Sept quarter 2016) and suspected the coming will still be in red zone (hope not) chart TA still hovering in current price. still a god bet though. (lets see)
TP at least 40cents this week. Result will be good because dnex q4 result is also good. Dnex is censof associate company. There will be share of profit from associate company dnex. So dnex up censof sure up.
it is already showing the gains ...their official result not yet out....goreng first...mix sentiments ..some say up some say profit taking...who is ACCURATE ?
Pineapple123 : Try compare DNEX up how much till now from start and CENSOF up till now. If there still upside by major shareholders on DNEX. You can see how much still can go. But both is too hot now. If you ordered hot coffee..can you drink it too fast..or you wait it rather warm? Px 0.250-0.270/ WA 0.03-0.04. There's my call. Refer my blog. Anyway good luck of us.
e-commerce year 2017 (najib) , gst might increase, good earning from Dnex, censof holds 18% of dnex shares, GLC counter, impairment done, debt write off... what else.... this is going to be censof year!
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....
char1234
5,299 posts
Posted by char1234 > 2017-02-24 22:12 | Report Abuse
my message is be careful with this counter...