People keep on throw the warrant maybe due to no money to convert. This force mother needs to follow son trend. But anyhow, should be a bottom line there, just wait and see how much the support level is. Price continue fall down few days already. But with good fundamental plus normalize PE should around 13 – 15. Johotin remain a bright future. Just pity for those stuck at high price.
warrant lah. Current price u got 6sen premium of each share. Means if u got capital for conversion. Ur gain is 6sen/42sen = 14% gain right after dispose all the mother share after convert. Ofcourse some will said should use ur total capital for calculation = 6sen/RM1.27 = 4.7%.
i hold for long term dont really care it go down further or not . good stock lelong why dont buy ? wait for 1.00 ? lolx . base on 4 cents dividend per year is the same rate with my FD rate .
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....
keyin
2,150 posts
Posted by keyin > 2017-09-20 09:34 | Report Abuse
Wa.. congratulations luckyg