I think it will all depend on the impending results. If good, we can buy some more. If bad, we need to run fast fast. Just scare kena trapped and cannot run.
Looking at the price trend and volume today, it looks like big players purposely pushed up the mother and then the warrants to allow them to exit the warrants (expiring in a few months). Look at the way they baited the buyers and then bit by bit they threw to them. If the latest quarterly results come out tomorrow turns out to be disappointing, all those whose chased warrants today will suffer. So be careful !
Solid - dont think the coming QR will be good as it hit the MCO period where the business are basically shutting down. The are still the +ve side where company is in debt position with so the finance cost could be reduced due to lower interest rate + contribution & synergy effect from newly acquired subsidiaries..
However, if the operator want push the shares. It can still suceed even with a poor result. Vice Versa. Let's wait for the result tomorrow and the show next week...
Trap. Careful guys, the warrants going to expire soon and will become worthless. Think twice before buying warrants. If want to buy, better buy mother.
For warrant holders - better run and get back whatever capital u can recover. Warrants going to expire in few months time and soon it will drop to 1/2 sen. I sold all my warrants at a loss and just hold on to mother shares.
cash so few, do what business oh, dont wan to out own money to do business one? last time from 2.00 ++ until 0.20, can understand, what they want to do?
At current price of 0.195 no stupid idiots holding the warrants will convert them having to fork out another 0.21. The warrants will probably just lapse by Dec20 and company is even more stupid as it will not derive any cash inflow from warrants conversion. Hope the BOD wake up to this and do something to support their share prices!!!
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....
Fly888888
443 posts
Posted by Fly888888 > 2020-07-24 23:27 | Report Abuse
RM1?????? ini blow lembu terbang ni ....