The potentials of winning the bidding is highest as EPF started selling its holdings and now they are buying back. perhaps they have first hand info. just a thought.
Now i know why some people dont bother to comment. Power96, if you bought WD at 23 cents had the money to convert and still held it when it was 1.5 cents to 2 cents, even an idiot would buy heavily and average. So why in your logic wouldnt anyone have done so ?
Today, WD presents the lowest premium and WE the highest premium. True we should look at expiry but do you know what your buying and paying for. WE premium is 68 cents roughly thats means its overvalued by this amount.
One thing for certain, with that kind of premium price can go down and stay this way for a long time even if mother moves up as its at a very high premium to pay. Secondly, look at your expected return if WCT hits 1.7, 1.8, 1.9 and 2.0. Since everyone is 'gambling' in hope that WCT moves up, i would sell WE and buy WD, c3 or c4 that gives me lower premium and higher returns.
Its about expected return and what premium you are paying, not whether its a better structure or company. Before today WE was >70 cents premium.
Remember what i said about who might have the last laugh.
Waa everyday Sunday ka? Where got shoot to the moon wan. Nothing ever go up in straight line wan. Yesterday 9c damn geng dy. Today got profit taking no surprises la
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....
aikinlai
896 posts
Posted by aikinlai > 2017-10-30 19:08 | Report Abuse
If believe the prospect n reit listing is good...we warrant is good to keep for long term...