sorry conversion i mean for WCT-WD not Tenaga-C39..
@Muthu..Tenaga has changed their dividend policy...Tenaga C-39 has 8 months expiry with premium less than 2% ...see you after 8 months...its not my intention to ask anyone to buy Tenaga-C39...
muthu, it is not wise to base your judgement on past history and simply assume that all other CW u buy will follow the same result as johortin wa. this is not always the case in investing/trading in the stock markets. there are no patterns and u cannot predict the future.
there are also always market risks involve
your johortin wa i believe that is a special case. perhaps the owner wants to convert his warrants into mother shares etc
other CW may not or may follow the same course like johortin. there are just too many variables. now u know why CW are so dangerous n speculative
of course you are welcome to always assume that all CW will follow johortin w in your future trading. you can do that. but in essence, u will be gambling. that is most unwise
cool, i understand so i learnt new thing today. i know CW can react opposite way. as i thought company warrant tends to be safer. nothing guaranteed in share market. This time i'm wrong and i admit that.
There is actually a very big difference between call warrants and company issued warrants as the company itself can influence share price for conversion of company warrants whereas the company doesnt care about the outcome of 3rd party call warrants, as there is no benefit to them.
Linges, I have solution for you to make back on WD even with your limited capital. If your interested drop me your whatsapp contact / email here. I'll text you later.
Chua Zhi En, you have to understand that there are many in this forum that like people to lose money or they are envious whether others make. Go to any active stock you will often see people cursing and hope it drops when its on an upward trend or they will keep repeating negative comments either it goes up or down. After a while, you'll learn to ignore them and they wont bother you then. Just let karma do its job
Linges, I always have the view that there are smarter players in the market and most of us here are just small retail investors / traders that are not in a position to influence the price anyway. I dont any have negativity in me and just hope that everyone here makes some money. Hope WD recovers for you too, I still have some.
Beroh, if you dont have the funds to convert all, maybe consider taking half as loss and convert the rest ? If you take up and WCT bounces by 30 cents to 2.00 in the next 1-2 years, you should be able to recover all your losses with a profit.
Yes coz you will get it cheaper for now. That might change over the next 2 weeks.
But dont use those funds as reference coz they got big stake and wont affect their average cost anyway and they have people that help them with the trades
Very unlikely to convert and try my luck for the next 2 weeks ! I will do the conversion if mother share price rises above RM1.800 after suspension(23/11/17) and before expiry(11/12/17).
WCT-WD -- a Russian roulette Game.. Bought@0.02 I don't think I can survive this game as time is running out... hahahaha..any Idea friends? Or just wait n see for the miracle?
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
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Posted by linges > 2017-11-07 14:18 | Report Abuse
sorry conversion i mean for WCT-WD not Tenaga-C39..
@Muthu..Tenaga has changed their dividend policy...Tenaga C-39 has 8 months expiry with premium less than 2% ...see you after 8 months...its not my intention to ask anyone to buy Tenaga-C39...
own money, own risk, own rewards :)