Wait till see the share stop dropping .. then can buy.. my remisier say wait till mother share below RM2... lot construction stock have dropped .. WCt not drop much since price up from rm1.50 to rm 2.3..
'FIFA president Gianni Infantino has said he does not believe the diplomatic crisis which involves 2022 World Cup host nation Qatar will threaten its hosting of the tournament.'
WCT share price steady, but, wct warrant over-react over Qatar affair. Focus should be on local flush with infra work. Its just a time awaiting for coming contract to be awarded to wct, be in RPT (Pavillion bukit jalil from malton) or ECRL, TRX, LRT3, MRT2 etc
if wct & WE can stay above supporting line within these few days, it means that the effect of this Qatar issue is diminishing. Should be collection time again.
swap capital free up from symlife just now, swap all to wct-we at 35-35.5sen, increase further stake in wct-we, average down total wct-we holding cost to around 36.5sen. WCT_WE is largest holding stake in portfolio now.
WCT-WE still have lifespan more than 3 year till 2020 and have high leverage 6x and yet trading a low premium. By the time 2020, wct should have completed degear exercise through REITS listing (end of 2017), progressing recognized profit from a lot of infra work TRX, LRT3, BM etc.
Look at the selling , wondering WCT doing some unexpected exercises, right issue like MRCB.. seem "some pp" keep selling .. I see that the new shareholders don't hold any warrants.. they might do exercise not in favour of warrants ..
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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....
martinbartesque
1,547 posts
Posted by martinbartesque > 2017-06-09 19:01 | Report Abuse
That is y i didnt sell it as price is almost in supporting line. Hopevit will rebound