dun let greed covers your mind , maybe you can earn in ca , but 1 little mistake will let all your money fly to holland . In order for you to get money after expire date , Mother share must reach around 2.10
RHB gave TP of RM2.11. They were the cause of huge sell down when they put a research for SELL earlier. Now is a buy?? On what news?? They hold hands with AmBank to make more money from people's gamble. Jan 12 expiry date. Less than 3 weeks minus holidays to sell your CA. Mother is better to buy cos no expiry date. I doubt it will go higher than RM1.50-1.60. I hope Friday was not just a one day show!
• Abundance.. do read my comments again. I said if you believe.. and I didnt say I do. Pls understand.. I just saying its better to hold mom than to hold that over premium soon to expire CA.
I notice this dsonic -ca has been very active ever since it's listing . It is going to expire and can still be one of the top volumes , really can't believe ! No other call warrants can beat it ! Anyway I only bought this ca on the first day of listing and sold on the second day . So fast it's going to expire . Don't be greedy , sell now or else soon nobody wants to buy from you lo!
@All resident Gurus here : May I suggest a more productive and useful advice to help the bilis here, ie predict the price of Dsonic and CA on the 12Jan2015. instead of asking them buy or dont buy,sell or dont sell,let them make their own decision for once.....
This should start you all out : "....Maturity Date : 12/01/2015 Exercise/ Strike/ Conversion Price : MYR 3 7200 Revised Exercise/ Strike/ Conversion Price : MYR 1 8600 Exercise/ Conversion Ratio : 6:1 Revised Exercise/ Conversion Ratio : 3:1 Settlement Type/ Convertible into : Cash....."
Unlikely CA will be in the money in 19 trading days before its expiry. At current CA price, 1.86 + 3x 0.045 => 1.995 (break even price conversion). When the warrant expires, it will be no value, meaning you lost all your investment in this CA.
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....
johnchong
635 posts
Posted by johnchong > 2014-12-06 20:06 | Report Abuse
Maturity Date: Jan 12, 2015
If still interested/confident in DSONIC's fundamentals, then use the proceeds to buy the mother share.