Institutional buy rather than us and retailers buying in small quantities. Institutional buy normally takes place only when they are very confident of the stock.
For those they make money, maybe they can consider take the profit "off the table" at the moment.. Market seem to go for correction soon... Seeing lot of big players off the table ...
WCT WE is not cheap actually, if u compare with the other warrants. Of coz other warrants have very short expiry left but look at the premium at exercise price of WE. Even when mother was 2.08, movement of WE couldn't move much. So the question is, how much does mother need to rise to break 39 for WE
No doubt, WCT has great value. The WE has surged from below rm0.20, almost 80% gain, the retailers just keep jumping in. The upside seem limited at the moment since the BIG fish took the profit off the table week ago... The current wave seem over at the monent. There are many opporturnity in the market... Why Buy a stock that has surged 80%... Advise: Avoid at the moment... WAIT and SEE...
ran777rpt : When WCT hit 2.14, WCT-WE was stuck at 39 or 39.5 if i remember correctly. Then when you analyze the other warrants you realized those 'in the money' warrants even have negative premium where WE has a big premium
most of the investors know about it. WCT has the highest orderbook of RM4.9B - RM5.2b in hand, why it can't move up. It is due to its high net gearing/high debt. Since a year ago, I have bought WE. Today, I am still holding it because of my confidence on TS Desmond Lim. When the degearing exercises take place, I believe both WCT & WE will fly higher again. Management is targeting to get RM2bil new project this year. I have been waiting it since 12months ago, no harm to wait it for another 6months :)
FYI, according to PP booking information, strike price is RM1.77, deal size is 80% of 150mil.. Top 10 accounts taking up the 80%. I dont see any reason the next PP will be fixed at RM2.20 and above,,,I dont see any more INVESTORS will take up the next PP at RM2.20 if they can book the current trance at RM1.77 or more... The current PP suppose to be RM150mil shares, but the taking up is only Rm100mil+...So, Based on the data,,, Make your own judgement.. Do ur research and make jusdgement...
Based on the data, The appetite is very strong at PP price at RM1.77 or below RM2.00,, BUT, I dont see there is any risk appetite for balance trance PP at Above M2.20.. The stock price has been approaching the fair value for the past month.. The only re rating catalyst is the "de gearing " exercise... Advise: Take profit off table and Avoid at the moement...
According to source,,, Big fish are off loading... market heading for a break coming month during PUASA...Anyhow, market is dynamic... . MAKE your own judgement...
I have seem most Big fish took profit when price is height... taken profit already... Now the volume is playing by retailer and market... swimming in the sea...
Anywhere... this plaform is good to share ideas and infor.. Eeveryone make their own judgement... I also "wish" the market will come back very fast.. Then we can make more money...
Anyhow,, based on my research, analysis and source... market is going for a break,,,SO.. i make me judgement to avoid market weeks ago.. SEEM to be good decision... MAKE YOUR OWN JUDGEMENT...
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....
share2014
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Posted by share2014 > 2017-04-05 22:21 | Report Abuse
Tomorrow will shoot up lor