A likely scenario she said could be the injection of WCT’s readily REIT-able assets - BBT Mall, Paradigm Mall PJ, which have a total asset value of RM1.2bil into Pavilion REIT
Good. The more it drops the more we should buy WD. It's cheap in comparison to mother share to gamble on upside. And what's the risk? Worst case convert to mother.
If you believe in long term of wct, this is a riskless investment
Undervalued warrant - WCT - WD If mother goes to RM 2.50, The warrant will be worth RM 0.80. If it doesnt hit RM 2.50 in 83 days, just convert and still get a RM 1.00 gain in the long run.. Why not?
Technically, it also should rebound to above RM 0.10 at least. Highly oversold.
For the MRT2 announcement, no new contract being awarded. The "station works" are under the main contract of RM896.4mil awarded last year. Just that the "station works" now are taken by WCTB instead of sub-contractor.
Conclusion: Just some changes made, which may increase profit margin of WCTB for this contract.
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....
kuaTAKtahu
1,485 posts
Posted by kuaTAKtahu > 2017-09-18 12:19 | Report Abuse
A likely scenario she said could be the injection of WCT’s readily REIT-able assets - BBT Mall, Paradigm Mall PJ, which have a total asset value of RM1.2bil into Pavilion REIT