Don't get trapped in the warrant. A few major shareholders together have 70% of the free warrants. They could be pushing warrant price to sell down their holdings. Exercise price is RM1.00. Mother is not moving much.....
the warrant is at a discount, 0.6 + 0.61 = 1.21 Mother share = 1.29 9:50am
News: Ewein to sign S&P agreement on Dec 28 for the second parcel of land near City of Dream.
The group's first project, City of Dreams, is expected to cumulatively contribute 200million in profit before tax and minority interests over a four-year period.
With such good discount, the warrant is definitely a good bargain buy. Furthermore with such good potential to be derived from the development project, the imminent future appreciation of the warrant will be a good investment opportunity.........kakaka
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....
feifun
376 posts
Posted by feifun > 2013-07-06 19:27 | Report Abuse
Potential high return if win pg under sea tunnel project said to be 1.3b