Today announcement Kenanga Fund becomes their substanstial shareholders. They ain't buying it anyhow with no good reasons if you looking back at their past investing result records. Very interesting. Directors want to turn its market capitalization into 1billion(today news). If they successfully turnaround the gains will be HUGE. This stock is dirt cheap now and clearly anyone with a sane mind could tell it's on accumulation phase, and one with chart sense can tell what it's forming. the operators are doing it way obvious. When the time comes, you may not able to get the tickets at current price anymore. Hint* more projects to be launched and announced SOON. I would recommend a separate buy in to keep yourself safe. I have no worries as my cost is almost the same with the operator and I have backup funds to avg down.
High risk, high gain. But to me, the downside is very limited, you can easily calculate the value and fair price of preferred shares. 45c + 1PA to convert to mother share. Not to forget to price in the time value, and PA is entitled to dividend. If the mother goes to 80c(which is very reasonable judging at their current unfairly valued market cap), 80c - 45c, the PA price should reasonably stand at 35c. Anything below will be a discount, which leads to a buy. It doesn't make sense at all when you look at the price movement of PA and WC. That said a lot whether the 'crocodiles' are more interested with PA or WC. They purposely place huge block and don't mind to sell down to collect at low. If you know what I mean.
Think contrarian, stay greed while others fear. That's where you see big money come in.
When we can see OCR becomes a company with capitalization of One billion ringgit ?
Here is the calculation: paid up capital 239.5 millions, private placement 23.9 millions, conversion of PA with cash 661 millions, exercise of WC 66.1 millions, and exercise of SIS 9.5 millions.... total number of shares after all the above exercises, that is 239.5+23.9+661+66.1+9.5=1000 millions=1 billion ....so when OCR share price hits Rm 1.0 ,by then OCR will become a company with capitalization of 1 billion ringgit....so simple and easy ...how to make it materialize ? TEAMWORK...
If TA is so reliable, there would be no poors on the street. Chart and price can be men made, just look at the volume. That's why chartist are easy to be fooled.
Sorry, due to privacy concern. Wudishijimo, would you mind to leave your fb name here? You can remove your comment as soon as I add you. I will send it to you anonymously.Tq
OCR isn't getting the fair price and attention it deserved. A simple valuation on its PER can tell that its ridiculously and unfairly discounted. People are sheeps. When it's cheap and discounted, they feel worried to buy. But when it's high, they aint scare to chase together.
If you believe OCR can go above 80c or even 1.00, OCR-PA is a safe bet now. Remember, 45c + 1pa to one OCR. You do the math. Tq.
John Angel technical analysis tell me will drop and correction 6 months, any idea?
What I see it's forming a good cup and handle from a bullish rounding bottom, once breakout, the gain will be scarily huge. There's more catalyst to come. Price up and down everyday, but a good company and it's value remain unchange. I have no worries on OCR future prospect.
wow...congrates, u have both in good price. macd might making u-turn..lol...hopefully like what valueInvesting shared, forming cup and handle. lets see how it perform in this week. gogo tomorrow!
nvm...u still have another half to make it 200..300% if ocr continue to perform like today...i think few days can done the u-turn. now the concern is will the price keep press down for private placement.
Dropping to say hello....as mother finally awake Told that operators have been collecting tic at 0.18-0.20 last time... Just need a little patient... little little more Congratz for those who stil holding tics..
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....
BetterTomorrow
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Posted by BetterTomorrow > 2017-03-29 11:41 | Report Abuse
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