WCT real value still not emerge ... Full value will emerge when the plan is out, that is the REAL profit... Now is only the small profit.. If u weight the upside and down side..U will see the profit... KEEP on to the stock, Buy on weakness...
BIG guys have been accumulating since months ago,,, and accumulating when there is "so called negative news"..Dont run bcos of small profit....KEEP on to the stock, Buy on weakness...
Now is only the small profit.. If u weight the upside and down side. It is worth holding for restructuring plan,, .Sell now, u make 4 cents, if the plan out, very like u will make more than double or more to 0.50++++... KEEP on to the stock, Buy on weakness...
zhanglian_____Well analyse & very good.... I see u have done ur research___ 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!
Today i see lot HEALTHY discussions here, both positive & negative comments on market. Good, This is the place and good for healthy discussion and learning here.
Selling seem very well absorbed...Technically, WE hit all time high of 0.28... Very good sign...Next is the restructuring plan coming soon,,, MOTHER share will spike..
Yday warrant got sapu all was definitely a big hint. 2nd hint, Malton is slowly rising... Everytime the sell down, was well supported, technically see it may test 1.94 in the coming days.. Today? Tomorrow? or next week?
Risk Taker can consider warrant for better return.
WE seems is overprice now. When WE is 0.32 now, mother should be around 2.40 but mother is still below 2.00. Not sure want to keep or sell. Any advice?
Personally, WCT- WE at 0.32 and mother 1.89.. WCT-WE is not expensive at premium of 27% with long expiry at year 2020. In addition, WCT-WE is trading at high gearing of 5.9 times.. With the restructuring plan coming out soon, expecting premium can easily go up to 30% to 40 %... I see WCT-WE is too under value and cheap in the past.. The price spike these days is catching up to fair value... HOLD ON and BUY ON WEAKNESS...
In theory, the price of WCT-WE (long expiry date year 2020) is not expensive at 0.32, in fact, there is still huge upside to catch up with the fair value with premium of 30 to 40%...
Justification: Fair value of warrant = Intrinsic value + time value and taking into consideration of premium and gearing. 1) Good time value with long expiry date 2020, 2) high gearing of 5.9 times 3)low premium at 27%.. So WCT-WE at 0.32 is not expensive with the restructuring plan coming soon.. KEEP and BUy on weakness...
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....
linges
2,701 posts
Posted by linges > 2017-03-15 10:42 | Report Abuse
If second wave strong like iwcity...then may be can buy apartment lah :))