Calling-calling Brother Chong for SKPETRO-CB. Appreciate your comments. Call me names or anything you like, i take full responsibility to help my good friend who ask me about this stocks. HELP-SOS.
I suppose it depends on the time frame to reach the target price of 2.80. CB has a shorter expirty date (24-12-12) compared to CD (28-02-13). When will the target price be reached? That should be one consideration.
Depends on the conversion ratios too right. Which one has a longer premium. I have sold mother shares with a small margin. Perhaps I should go in on the warrant in the coming weeks
SKPetro and its warrants are among my top favourites too although I favour the CA. For some reason (psychological perhaps), I tend to lean towards those that are no more than 8 sen, if their premiums are `okay enough'. Am waiting to see a bit more volume. But I sense it has built up a base and an upswing could come very soon. Will definitely jump in at the first sign of that.
This will annoy current SKPetro holders: I'm really hoping it will drop a few sen early tomorrow...so that I can buy:-) Only then will it start going up again. Was so busy with AirAsia and FGV today that I didn't see SKPetro creeping up.
Yeah. Fortunately I didn't rush in to buy immediately. By the way, I'm thinking about the CB now. You are right in that it is more active - A LOT more than the sleepy CA. And that's very important for price volatility. With the later, I will likely have to pay and wait a bit.
right. steady around 0.20 now. yup mat c with more volume the only strategy here is the right timing to enter and we can profit from it. let see how mother do come closing today. saw the build up being set now see how far it goes. cheers.
skpet cb was at 0.23 when mother was price at 2.40 before the downturn. once investors confidence are back with this stock,the price shud climb back to its previous support.
hopefully it can reach there ok :) the cb price has been a bit lagging compare to mother so this week will see an upside to that if mother stabilise. let see how it goes in the morning.
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Namoyaki Takarajima
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Posted by Namoyaki Takarajima > 2012-07-06 03:50 | Report Abuse
Calling-calling Brother Chong for SKPETRO-CB. Appreciate your comments. Call me names or anything you like, i take full responsibility to help my good friend who ask me about this stocks. HELP-SOS.