China does not grant approval for Wanda to invest outside the country for capital control issue. might have some politic conflict between Wanda and China thus even get bandar malaysia does not easy for them to fund the project out from China
Coz its oversold d if you ask me. No reason to keep dropping.
To me, downside is limited at 1.90 as the company is profitable and has a lot of potential now with Desmond Lim in.
I was going to buy WE but chose WD coz its as close to negative premium where I felt WE premium is too high. High risk high return. WE is lower risk but also lagging both ways of the curve
I have being rotate trade these few week, from wct warrant- sold lock profit; genting warrant- sold lock profit; iwcity and ekovest - sold lock profit; MRCB - sold lock profit; now back to genting-wa again
IWcity and Ekovest have a good run. I think it is WCT turn soon.. Monitor it. If news claim that they are submitting the tender for BM, it will just be like IWcity run.
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 > 2017-07-17 01:43 | Report Abuse
WD is high risk, high loss/gain
WE is medium risk, medium loss/gain