Yes I have this counter .Last month bought 18.5 sen and sold 20.5 sen . Bought back at 20 sen and keep until now . Can buy some more if the mother share moves higher it will bring higher % gain .
thank you very much ! i am blind trader, follow trend only and simply hentam. Much appreciate your work out ! anyway, my first time to to encounter CA~
i3i2i1, the premium change every time mother share price change. at closing 4.05 and ca still 0.31, the premium have reduce to 4.73% which is unrealistically low 2.70+(5 X 0.31) less 4.05 = 0.23/4.05 = 4.73%
i3i2i1, it depends on how you view the growth of this company. long term buyers of 0.31 today are confident that mother price will be more than 2.7+(5x0.31) in 11months or sooner. short term buyers of 0.31 today are confident that mother price will break 4.2 next week?
i3i2i1, definitely the lower the premium the better luyee, mother share can breach 2.7+(5x0.31) aka 4.25 in 1 week or so so the tp for ca shd be at least 40 now
i3i2i1, not necessarily "warrant premium lower better" works for all counters. For example, the premium of hibiscus-wa was at some discount(negative premium) yesterday, if you have bought it yesterday, you might still be awake like me now. cannot sleep :(
lol so today will you still say i's worth? sephiroth? If mother's share it's ok, but warrant is another style to play.. When it's no longer hot, you will see it traded at discount...
The mother share should have made sufficient technical adjustment with a drop of 23 cents from 4.58. It's time for it to fly again. When the mother share flies, the CA will hopefully fly even higher.
it's time to relook at umwog-ca, most recent tp of 5.15 by maybank / 5.00 by cimb/ 4.82 by TA, even the most pessimistic tp range from 4.12 (HLG) to 4.15(Alliance). I think the selldown by foreign shareholders on the mother share is overdone
at 24.5 sen, the premium is only 1.95% Exercise price 2.70 / Exercise ratio 5:1/ Expiry date 10 Nov 2014 Premium = Ex-price + (Warrant price X Excersise ratio) LESS mother share price /mother share price
Sephiroth,i hold this at 0.30-0.32,should i sell it to stop loss now or wait expiry date to convert?And how to calculate ?How much need to top up for the convertion?I really need so advice here,tq....
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....
xiang
171 posts
Posted by xiang > 2013-12-12 10:37 | Report Abuse
welcome to this counter ....