A lot people asking me why today WCT drop so much but WE went up. To be franck, i'm asking the same. Anyway, i'm always end wiinner since last year. Trusted my instincts, bought in more WCT due to bad news (arbitration case) and WE kept going up...eventhough WE is at very high premium. One reason i could think of is probably WD is about to expire this year. They pull down WCT price so that can buy in WE at low price. Nevertheless, WCT is solid counter, one day will see the yeilds.
value_invest total agree with you, I bought some when it was low yesterday. Arbitration cases taking 10 years to settle are very common. Furthermore, the total claim can be set off by te case they won earlier. So, 2017 financial year are very very likely will not be affected by the Arbitration case. To me, this is more to create "Bad News" so that, either can buy cheap WCT or more people will sell WCT WE and WD. Hope we are right..
I think the plaform here is for discussion, exchange of ideas and learning.. In a dynamic market, no doubt there are different opinions and ideas about share market. Everyone have there ideas and opinions, It is very common and healthy arguments.. Please no personal attack...
To be fair... coldinvestor sometimes did talk something fun & kidding, but not offensive and personal attack.. pls.. everyone here respect each other ..
My advise is to just ignore those immature comments. We are here to share opinions, knowledge and most important make some pocket money if not wealth. I follow WCT, WC, WE for 1 1/2 years. It did give me more than pocket money. I sold some WE at 0.215 and 0.22 today. Surprisingly well absorb, it make me feel that WCT may soon due for hike.
GOOD sign... The restructuring plan will be coming to market very soon.. Now u see the price, especially Warrant, start moving.. It is normal that the people with early information start to buy warrant, soon u will see the mother share spike... GOOD luck...
I think TSDL bought WCT at a premium from WCT MD and now is the largest shareholder can consolidate the businesses under WCT with Malton (for Property Development arm), WCT malls to (PavReit) and retain WCT holding company as a pure construction player. This is my humble 2 cents.. Dont quote me if wrong! TQVM
As I know, if there is a deal. All parties have to sign a undisclosal agreement. It can be CBT case if disclose. So, no one will know the details, just guessing. Anyway, when price up to what you satisfy, just sell it. No one can sell at highest and buy lowest. Don't have to bother whether there is a deal
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....
SejukSaam
133 posts
Posted by SejukSaam > 2017-03-13 15:51 | Report Abuse
kaki kong, kaki song !