Tuesday, December 11, 2012

Keep Scalping WCT-WB ^^

 
 
1. WCT-WB - In out, in out, in out, that is the way to get orgasm !!! ^^ Just joking ^^ Exercise price readjust to 1.85. Mother must be steady to get good discount of WB. 2.38 - 1.85 = 0.53sen. Current WB stood at 0.385. Thus, (0.385 - 0.53)/2.38 = 0.06, in pecentage, the premium stood at -6%. This figure indeed still a big gap/discount there. ^^ Continue to scalp tomorrow. ^^ Ya Gark, there may be risk involve when send to conversion as it took 2 weeks to come back. :( By time it come back mother may have subsided but i think need to act fast, got to send it right away to fight for the time if really want to earn the difference. Good Luck.
 
2. TENAGA - Bought back all at RM6.92. ^^
 
3. IGBREIT - Bought back at RM1.32 for scalping. ^^
 
4. UCHITECH - Yes, hng, noticed today big volume at 1.16. It contrast with yesterday, i think it is ripe time to go north, at least RM1.20 and above. ^^ Let's huat !!!
 
5. Watch List - TENAGA, IGBREIT, WCT-WB, SPSETIA, UCHITECH
 
6. Good Luck.
 

93 comments:

horse said...

All,

Avoid TENAGA. I get caught this time. :(
Khazanah may sell stake in Tenaga

horse said...

The sale will be priced at between RM6.75 and RM6.80 per share, said the source who declined to be named as the information was private.

The selling price is about 1.7 to 2.5 per cent lower than the stock’s closing price of RM6.92 today.

;(

David said...

Thanks for the information.

horse said...

Did not noticed the Tenaga news. Now sure in selling pressure. :(

horse said...

I do hope the 15sen div can cushion the drop. :(

horse said...

AIYA, Tenaga, it ran the opposite way. :(

Anyway have sold all at 6.97. ^^

horse said...

WCT still steady, WB should be ok as at now. ^^

hng said...

Hope SP setia can keep up its momentum which in turn give rise to support to its WB performance

horse said...

My ELK IPO failed. :(

horse said...

hng,

SPSETIA looks very promising.
Hope you huat this round. ^^

alwayswin111 said...

Horse
Good for you . Safe on Tenaga.

alwayswin111 said...

Horse
Can sell without loss

horse said...

Thanks alwayswin.
I thought i am gonna stuck.

Stock market really unpredictable.

ck5354 said...

spsetia wb go go go, my average price is 0.15.

Can I recover my loss???

Teng said...

SP Setia,please keep up the momentun

horse said...

SPSETIA, go go go....
Cheer for hng. ^^

Teng said...

Hng

Instead of private placement,what SP Setia can do is make sure their share stay above RM3.20 level to encourage warrant holder to convert. There are 140mill outstanding WB. 15% private placement is about 300mil share

Teng said...

Horse

I am still holding quite substantial SP Setia WB and also some mother

horse said...

Teng,

Good Luck. SPsetia seem gearing momentum. Hope it ram up to 3.30 before WB expire.

Teng said...

Horse

Yesterday I also bought HapSeng CE qt 2.5 cts. Today is last trading day.Hope is safe

horse said...

spsetia-wb now trading almost at 0% premium, with lower exercise price after private placement, maybe can worth more than 10sen at least.

ck5354 said...

this wct-wb really terbalik engine

horse said...

HapSeng-CE looks ok for now.
-0.6% premium. Still in money. This one is VWAP or base on closing ?

horse said...

CK,

WCT-WB trading at -6% premium. still ok as long as mother steady. ^^
I am still holding last batch at price 0.235. ^^

Teng said...

Horse

Volume weighted.Now most of CWs are volume weighted( Hapseng CE issued by OSK). Even OSK use VW

hng said...

Teng

Frankly, i'm now prefer SP setia private placement and hope it can fixed the issue price as soon as possible. Based on average price and discount of 7%, it could fixed price at around 2.80.

As long as the fixed price is lower than exercise price of 2.99, it could lead to adjustment in exercise price either match its private issue price of 2.80 or even lower in accord to Deed and Poll and guided in its circular page 12.

Gark said...

CK, Horse

I am still waiting for my remisier to give me the forms. I plan to keep 1/3 (until next Q), sell 1/3 (>0.40) and convert 1/3... so the risk is diversified.. haha.

alwayswin111 said...

No buying for me today. Holding UOADEV and Airasia

alwayswin111 said...

And EAH .. Crazy counter

Teng said...

Hng

If private placement is eg RM2.80,adjusted exercise price for WB is also RM2.80,or it will adjusted using formula (1x2.99+2.8x.15)/1.15=2.965

ck5354 said...

EAH really jiasai counter,

tak mahu jalan at all

Teng said...

Hng

Private placement is good for WB holder. For Setia,they don;t have to source fund by placing out shares

ck5354 said...

really don't understand why PNB want to offer 3.95, but now private place at 2.80.

?????

horse said...

Teng,

If not mistaken, the adjustment of WB normally use no. of units share to calculate as there are increase in share units due to the private placement.

horse said...

Gark,

In fact i am thinking to convert my WCT-WB as well. ^^
but the 2 weeks long wait may have some risk there, luckily the premium is at -6%, so you might watse you effort after gotten the shares, mother price may be on par with you conversion price, end up back to square, if mother price move up further, you will be the lucky one. ^^ Good Luck.

hng said...

I'm no sure the actual degree of adjustment in exercise. But i hope it can adjust as much as possible

horse said...

WCT steady, so WB should be fined as well. In fact it should close up the gap between mother.

WCT-WB, go go go
SPSETIA-WB, go go go

hng said...

Sp setia-WB perfrom very much depended on successful rebound in SP setia. As the gearing is very high, every 1% increase in SP setia will give rise to almost 20% gain in WB, much more higher than WCT, WCT-WB

alwayswin111 said...

Ck5354
Haha ya la this counter crazy ... Lau sai wan

ck5354 said...

go go go setia wb

ck5354 said...

Gark, maybe i will follow ur suggestions.

All 1/3

hng said...

alwaywin111

Currently, you holding just 2 stocks,UOAdev and AirAsia only!? At what price, already in money?

Teng said...

Hng

Guess by now,you recover your Setia WB loss.For me,still far

tcg82 said...

sps-wb run run
amedia blocked from moving??

ck5354 said...

what price should sell spsetiawb???

HNG kor

Teng said...

Hng

Setia WB huat

CK-Thanks for inviting me to buy Setia WB at 7sens ( yesterday or monday)

Teng said...

Sold some Setia WB at 12. Hope it can go >20. Still holding at least 2/3

Gark said...

Wow good gain on SpSetia warrants... gratz.

ck5354 said...

trading is very lonely.

we must have some buddy to support each other.

hng said...

Based on current SP setia price at 3.11, its WB have intrinsic value of 12sen. Buy or sell depend on own decision

hng said...

ck5354

You're absolutely right, trading is lonely especially full timer. Home based job really need inspiration from like minded mate

tcg82 said...

ck/hng,
am thinking doing; would be interesting to know how many full-timers here?

horse said...

Just sold my IGBREIT at 1.33. 1sen profit. ^^
Buy back again at 1.32. ^^

horse said...

wow !! SPSETIA-WB rock !!
COngratz !!

Jason Sim said...

alwayswin111,

I am holding Airasia as well at avg 2.85. What's yours?

Jason Sim said...
This comment has been removed by the author.
ck5354 said...

Horse why alaqar so high volume???

Go news or bad news???

ck5354 said...

What is CROSS TRADE???

I saw alaqar a lot of cross trade.

alwayswin111 said...

Hng
Are you still holding Amedia,
Horse
What is your take on AXREIT

horse said...

CK,

Cross trade is to buy an order and to sell the same security at the same time... only broker can do that.

We can't, as this is being control in our trading platform.

horse said...

alwayswin,

AXREIT is good but too pricey for me. I prefer those trading 1 to 1.5 region for REIT.

alwayswin111 said...

Hng
UOADEV 1.70
Airasia. 2.70
EAH. 0.155 (lousy counter)
Still keeping EAH bcos stop loss at 0.145 and it seems to be holding at this level.

Horse
Thanks for info on AXREIT.

Congrats all spsetia-wb winners. You deserve it. Not for the timid ones like me... Hats off to you , Hng.

hng said...

SP setia just release Q4 result, EPS= 6.34, final dividend= 9sen.


Wau!Exceed expectation

hng said...

SP setia total sales for these year exceed Target sale of 4b, to as much as RM 4.23b

hng said...

SP setia profit margin jump from 18% to 26% !?

hng said...

SP setia next year target price RM 5.5b.

Gark said...

Gratz hng, hope you huat more 5D profits from SpSetia. :)

hng said...

alwywin111

Yes! i'm still holding Amedia, still waiting for its bonus and free warrant to be announce soon

hng said...

SP setia may delay its private placement as it already granted approval from Bursa to extent dateline for it to compliance public spreading.

SP setia itself also state that its private placement is expect to complete by Q1 2013, which is management strategy to rectify public spreading issue.


Based on the Record of Depositors as at 30 November 2012, the Company’s public spread is 20.8% with 4,257 public shareholders holding not less than 100 ordinary shares of RM0.75 each in the Company (“S P Setia Shares”). As such, the Company is not in compliance with the public spread requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements (“Required Public Shareholding Spread”).

Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 10 December 2012, approved the Company’s application for an extension of time of six (6) months from 18 December 2012 to 18 June 2013 to comply with the Required Public Shareholding Spread.

On 23 November 2012, the Company had announced that the shareholders of the Company have approved the ordinary resolution in relation to the proposed placement of new S P Setia Shares representing up to 15% of its issued and paid-up share capital (“Placement”). The Board of Directors of the Company expects to complete the Proposed Placement by the first quarter of 2013 and with the completion of the Placement, the Company would be able to comply with the Required Public Shareholding Spread.

This announcement is dated 12 December 2012.

hng said...

LAST call, anyone interested in either SP setia or WB, must make used of these golden opportunity during bidding time to buy now......

ck5354 said...

hng what ur target price??

tcg82 said...

sps-wb mamamia
hng tqvm & congratz 2 all

ck5354 said...

sold some at 0.12 and 0.135

ck5354 said...

can it reach 20 cents today???

spsetia-wb???

hng said...

ck5354

I holding at cost 8sen, total cost RM40k, total volume 500,000unit.

Target to reap 6D profit

Chocoanut Production said...

i am still holding SPsetia

alwayswin111 said...

Ck5354
Congrats

ck5354 said...

alwayswin,

me just almost break even.

not earn he he he

ck5354 said...

ur 6D is coming hng.

Keng you.

20 cents u will get 6D profit.

tcg82 said...

sps-wb i cabut 0.17 dulu thx again hng
amedia holding

Teng said...

CK

After I sold mine Setia WB at 12( and yrs not matched),I thought you will cancel yours.Anyway,I think I am positive on Setia now

OneX said...

Hng,

Thanks.

My first 5D profit on one counter.
3 round,
1st round last week enter 0.095, cut loss 0.08
2nd round enter 0.075 yesterday, out today 0.12
3rd round enter 0.115, out 0.18
Waiting for 4th round to enter.

hng said...

Hi all

Happy to hear all of you reap profit on SP setia-WB. My handwork to share information in these blog paid off. As always my slogan said: Lets 'HUAT' together

ck5354 said...

Hng, If I am you I will get heart attack.

Ha ha ha

hng said...

ck5354

That why i need to write blog here to release my pressure and share joyful with others

tcg82 said...

hng,
your 6D coming liao
congratz this is good karma for you
let's huat 888

Teng said...

Hng

Thanks for this wonderful tips.After I first bought at 19 sens,then 2 contra trades around 17 sens. Bought more at 8-8.5 sens,and then follow you to sell at 10sens. Yesterday upon advised by CK,bought more at 7 sens

Now left with small quantity.Sold most around 20-23.5 sens

I-®on said...

Sigh, missed the boat...Can't join the Huat party with all the gurus here...

horse said...

COngratz all, especially to hng. ^^

HUAT AR.....

S-WB go go go

alwayswin111 said...

Bought dialog 2.42... Reverse my no buy decision of today haha.. Congrats Hng on your spsetia wb

Gark said...

Wooo congratz to all for the 180% profit today on SPSETIA-WB.

Too bad I did not have the guts to join in .. :P

hng said...

horse

Uchitech just declare interim dividend of 5sen, ex-date on 27 these month

hng said...

Amedia just fixed its warrant exercise price at 25sen. It bonus and free warrant entitlement should be announce together or later by these week

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