Hovid -WB runs faster than it's mother . Reached 29.5 and closed at 28.5 , fantastic ! Bought hovid at 37.5 and hovid-wb at 19.5 two months ago . Mother now 42.5 and son 28.5 , see the big percentage gain in the warrant .
I think what Hk Wong meant was that Hovid-WB runs faster than the mother share. Higher % gain in warrant than in mother share. When I first bought hovid-wb in April , it was 17 sen and mother share is 34 sen . Now the warrant is doubled but the mother share not yet . But i think the mother share should gap up and gain more .
It is not that WA isn't worth buying. People pay a premium on WA because the mother share is bullish. People are optimistic and they think mother share price will eventually justify the premium that they pay. Hovid WA maturity date is 4yrs from now. Meaning that even they pay a premium now, the mother share still have plenty of time to rise to the desire prices.
Look at the performance of hovid-wb . Yesterday morning down to 32 sen but closed at all time high of 36.5 sen . That means the mother share has a very good prospect in the future .
Hovid is priced for future value. In order to acheive the expected future value, operating profit has to increase at CAGR 20%. At the moment, it fails.
Hi guys becareful as there is a main player playing around to trap u in the higher prices and someone from the above is the main player to put rumous :) . Guys patient !!!
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....
systane
150 posts
Posted by systane > 2014-07-08 16:12 | Report Abuse
News in the edge weekly.. expiring patent to work in hovid favour..