warrant expiry on 20.july 2018, so the last date of trading should be on around 29 june.( left 10 trading days) the conversion price rm 1.30. you can convert to mother shares on or before 20.july .if the mother price fly high above 1.30. i hv 800k of warrant, so i got the sell next week.
Come short this counter tomorrow. See who will win. Tomorrow should be the best day to see retracement. If still can mantain or go higher confirm big boy behind this counter. They purposely sell kawkaw then jack up the price
In this situation if got money also I not dare to touch son anymore. This is oppurtunity for current son holder to exercise it or sell it at current price
a teaser into RM1.31 on mother today. Strong buyers in this red market. HSR not cancelled but potentially revised to upgrade existing rail line with estimate cost of RM20bil so GBG might have a piece of this pie as well. If ECRL revised cost, GBG stand to be a capable contractor for that too. If they are able to bag couple packages from ECRL + Pan Borneo + HSR, this prices are way too discounted.
Trend reversal in the making. Don't play play those behind this counter really smart. IMO they will control market depth make volume shrink and then price start to jump down like before this. 1.30 already achieve
and company owner will push the mother so they can buyback warrant seller to ensure shareholding % remains before CW issuance. until they have the numbers of WA then it will continue SBB for mother n WA. no?
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....
oldchinaman
669 posts
Posted by oldchinaman > 2018-06-15 01:40 | Report Abuse
warrant expiry on 20.july 2018, so the last date of trading should be on around 29 june.( left 10 trading days) the conversion price rm 1.30. you can convert to mother shares on or before 20.july .if the mother price fly high above 1.30. i hv 800k of warrant, so i got the sell next week.