Thursday, September 27, 2007

Hong Kong Warrant Updated Range

cccc-c4 0.15-0.19/0.23

cheungk-c1 0.15-0.19/0.23/0.26

* Please noted that you have to do conversion calculation before go in HK warrant. The above warrant currently over value already. Lets look at below formula:

E.g. Maxis-CB Exercise price: RM8.80Conversion ratio: 2CA : 1 share Buy 1000 MAXIS-CB @ RM0.420. [[Mother closing share price (the day receive theapplication forms) - RM8.80] / 2] * 1000 = RM325.00 (yr cost of 1000 shares of Maxis-CB isRM420.00) So u make a lost...




* Some comment:

Don't be suprise if you see today market open in such way. Whenever US up the night before, our market will become like this. This is syndicate strategy to dispose share when the yesterday market is good. IF you want to enter market, have to wait till the 'trend of the chart' formed first. Don't simply jump in soon after market open. If you want to know whether the US market will up or not, every afternoon (3PM-5PM) must open CNN early market to see DJ future index, if this index up, Hong Kong & Malaysia will up toward closing. Next day early morning they will dispose if the market not really bullish.

1 comment:

CsLee said...

wow, congrat!!! When you saw it cant pass through 0.99, then you have to lock profit. You made fantastic decision. :)


How about silver??