Wednesday, June 20, 2007

HK shares CWs, an alternative way

By setting a minimum target price for PetroChina (TP: HKD13.50) and HKEx (TP: RM110.00) , the CWs would be RM0.275 and RM1.14 respectively. PetroCH-C1 would increase 6.5cents, equivalent to a 30.95% gain. HKEX-C1 would increase 13cents, equivalent to a 12.87% gain.
These are just minimum target prices as there is definitely more room for the prices to fluctuate.

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