Tomorrow have to pick up this warrant or wait for force selling. The higher the mother goes up, the scarier when it pull back as it will definitely affect the warrant. Tomorrow could be the day. Be careful
warrant wont drop if not wrong.. they want you to cover the warrant to mother share..
8311 PESONA PESONA METRO HOLDINGS BHD Additional Listing Announcement
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : Others Details of Corporate Proposal : Conversion of Warrants into Ordinary Shares No. of shares issued under this corporate proposal: 150,000 Issue price per share ($$) : MYR 0.250 Par Value ($$) : MYR 0.250 Latest issued and paid up share capital after the above corporate proposal in the following Units : 523,359,448 Currency : MYR 130,839,862.000 Listing Date : 20/04/2015 Remarks :
if had bought warrant here, u will kaya soon!! and have to said thanks for the seller who make u huat!! take noted please, not everytime u can have this opportunity like this time!
Take 10days to 2weeks for the conversion. So just pray that mother shares will not go down when you submitted your conversion....better still, pray to go up....lol!
Putrajaya Perdana Bhd, alongside Pesona Metro Holdings Bhd, is on the verge of securing a highway concession in the Klang Valley worth over RM2.1bil, marking the start of both companies diversifying their business portfolio away from a heavy reliance on the construction industry.
The highway, with a 55-year concession period, will give both companies recurring income and beef up their order books. The highway is also expected to form the backbone of the return of Putrajaya Perdana as a listed entity to Bursa Malaysia.
It is not bad for him either. He gets them for free, and if he dump them all around 50c, he gets 1 mother share for every 2 warrants. Of course, when he's dumping them at 37c off market, then its another story altogether.
People keep saying is safe to do conversion but the mother share price keeps dropping....nonsense...another poor counter...I bought the warrant when the mother was 0.95....what happens now...drop like nobody's business...
kenanga analyst said will up by end of the month, lets see how true it is. To me, this share is really volatile drops from 0.5 to 0.38, scary...really don't chase high...
this counter buying volume is a bit fake one, it seems like the buying volume is super high but the price is stagnant only...I have been monitoring it and the mother share...the super high buying volume suddenly disappeared few times before...
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....
sengkee
2,060 posts
Posted by sengkee > 2015-04-21 18:25 | Report Abuse
Tomorrow have to pick up this warrant or wait for force selling. The higher the mother goes up, the scarier when it pull back as it will definitely affect the warrant. Tomorrow could be the day. Be careful