Today is T+3 for the heavy volume (24m) traded on 28 Feb. Tomorrow is forced-selling day (T+4). If selling pressing is well-absorbed, the likelihood is that it will continue its uphill journey. Otherwise, down south.
Its mother co.-Dayang added position almost 1-2% arouond RM 1.03 - 1.10 recently on 06.02.13.(ie. pls refer to its annourcement) I believed , Perdana , temporary would not drop till u targeted px. Hopes this info helps u.
Dayang hold Perdana share from 19.09% ( last year September ) in February itself Dayang accumalate another 7.01 Perdana share ... Any possiblilty want to Privatisation Perdana ?
Dear all, if you all are bullish on perdana, better to bull its warrant. Only selling at 33.5cts now and only at premium of 2.3% and a gearing of 3.97. Expiry is 26/10/2015. A 10 cent gain in Perdana, you would make 30cts on its warrant. My 2 cents!
ikloke you are rights buy 1 Perdana can buy 3.8 Perdana-wa if Perdana-wa premium is 0%..... Perdana UP 5 cents Perdana-wa up 5 cents too X 3.8 lots equal gain = 19 cents .....
请大家解释下,不是很明白WA exercise price rm1,expiry date 26/10/2015,conversion ratio 1 for 1. 就是说,现在我以rm.32买一张WA,到了26/10/2015年,要是股价超过rm1,我就能不用花任何钱,换到一张perdana的股票。
if you buy 1000 share at 0.33 cents today you can add Rm 1.00 to convert to Mother share anytime before 26/10/2015.....
If you buy today 0.33 cent + 1.00 to convert to mother share your cost is Rm 1.33 but mother close at Rm 1.29 now you paid additional 4 cent if you convert it now....
But if you buy it now at 0.33 cent..... and six months from now if Perdana trade at Rm 1.53 cent your warrant may trade at 0.53 cent too after add in Rm 1.00 convertion price....
Chengyee, may I answer your question? The conversion price is $1,000 to convert 1,000 Perdana warrant to its mother share. You need to buy a bank draft/cashier order and $10 service charge and send it to Perdana's share registrar. Get a form from your registrar or download from the net. Normally it takes 7 to 10 working days before it is credited into your cds account. Sometimes it only take 3 working days (my experience to convert SP Setia warrant into its mother share). You can only trade once it is credited into your cds a/c.
Once it managed to break through heavy resistance of RM1.30, it will be all the way uppp!!! Shouldn't have much problem as Dayang still accumulating...and her son won't be at current level of RM0.32 anymore.
Perdana-wa volume increase since last week. Speculator are accumalte the warrant share now...... once their collect certain volume of perdana-wa they will start to push up Perdana to another higher level this step make perdana-wa follow to another level ...... just watch out Perdana-wa...... buy 1 Lot Perdana share equal to 3.7 lots Perdana-wa........
Naim - Dayang - Perdana - Perdana-WA ,,, flying good good.
I had all 4x , Lets Huat lah ,,, ^^ _____________________________________________________________________
I already said its uptrending is still remaining ,, no worry for minor adjustment.....
Good Eg. PwRoot , last year , my friend bought at 0.95 , sold all at 0.98 within 3 weeks , complaint that is slow slow move like Oldman Stock. I explainted to her that , a good "Fun"themantal stock is always move up slow + steady as Fund $ Manager will only buy slowly. But she didnt listen and sell all , switch to all rubbish stock , now lose. Currently , PwRoot +9c , 1.51 . She ,,, deserved to lose.
my previous suggestion on march 7 instead of buy 1 Perdana you can buy 3.8 lot perdana-wa....... today Perdana up 6 cent warrant up 5 cent..... 5 cent x 3.8 lots = gain 19 cents........ the powe of warrant share......
lmf Perdana-wa + convertion price almost. match with Mother share Perdana .... as most securities firm give Perdana TP Rm 1.60- 1.70 ..... if Perdana share can touch 1.50 in this week.... mean warrant may touch 0.50 too.... by looking at warrant trade at 0.39 cent now consider cheap if got holding power.... for the past one week this counter volume has increase a lot .... maybe acculamte by speculator last week and now they try to push up mother higher level maybe 1.45-150 to make warrant follow and make big money from there..... i got 200,000 share at 0.34 cents already got 10k paper gain...
Chung, you are top 100 Perdana-wa holder! Friday I just bought at 0.32, today T+3 and sold at 0.38, nice profit :-) Since Perdana already break the 1.30&1.35 resistance, I will buy some warrant later and hold to take profit at 0.50
actually not many warrant share in the open market some already convert to mother share... to goreng this warrant very easy as long mother share is up.... i may be one of the top 30 holding warrant share lah.... hahaah
Careful about punting warrants. Also check the outstanding balance. In a knee jerk market retracement buying price are pressed down hard. I sold half today
If Dayang awarded PAN project end of this month....Dayang fly Perdana fly TP 1.60 coming to you too..... and Perdana-wa at 0.60 cents too......mean $$$$ to you....
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....
j harcharanjit a/l jalaur singh dhillon
6,400 posts
Posted by j harcharanjit a/l jalaur singh dhillon > 2013-03-05 08:06 | Report Abuse
zack what is the best entry point for perdana at the moment? thanks