on yesterday & today, someone tried to buy at higher price in last 10min trading time before closing in order to make WCT closed at higher or unchanged from dropping.
k, Mean if mother below 2.10.. time to buy or cut ? So scary the WE drop from 0.50..+ to 0.365 .. I m look at the WE.. lucky my remisier ask to sell at 0.45+.. now waiting to buy.
coldinvestor, you mentioned earlier that there are two announcements in June. One is corporate exercise, & one is big project. Is these two announcement still in plan? Thx.
Look like some ppl keep selling.. all the TA and fundamental all gone .. lucky sold when market is hot month ago.. now wait n see.. better don't hope hope ..
Remark: WCT is the only construction company awarded infra work from TRX phase 1 so far, worth RM 860m last year. Expect more work to be awarded to wct soon.
The most important Factor in WCT still not solved, Cash flow and gearing.. This TRX job RM860mil is set off by LAND... I will drain up WCT cash more if this main issue not solved. The management have been talking for years to solve this... Just hope WCt dont drop a BOMB (in MRCB's case of Right Issue) to slove this cash and gearing problem,, From the recent price's trend, the coming corporate exercise might not be Positive, especially to Warrant holders.. Most investor prefer to wait and see...
Wanda Dalian story is a child in the spine. Will move to MALTON and ultimate to WCT. This stock built its strength from the Bandar Malaysia story. Now Wanda is in real trouble. Will MALTON help them???
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 > 2017-06-16 11:55 | Report Abuse
Agree Dexter...mother must break 2.20 to gain back the warrant player confident..
Frankly, its high risk to hold warrant now..but hope the risk will be rewarded