Gamuda-CD is currently having 12.56% premium. Let's just assume Gamuda-CD will be trading near 15% to 20% premium on its first trading day. The price of Gamuda-CD could possibly be around 18 cents to 22.5 cents. For your information, Gamuda-CC (previous CW) which closed at 21 cents yesterday is still trading at a 13.89% premium.
Genting-CE with a premium of 21.88%, has a limited upside as compared to Gamuda-CD. I'd suppose the price would not move much, unless there are crazy traders in the market that are brave enough to jump in at the current price. Even so, Gamuda-CD would be a much better bet.
PS: There is no recommendation to buy or to sell the CWs mentioned. This is merely a reference for those who have obtained the CWs at subscription price.
Genting-CE with a premium of 21.88%, has a limited upside as compared to Gamuda-CD. I'd suppose the price would not move much, unless there are crazy traders in the market that are brave enough to jump in at the current price. Even so, Gamuda-CD would be a much better bet.
PS: There is no recommendation to buy or to sell the CWs mentioned. This is merely a reference for those who have obtained the CWs at subscription price.
1 comment:
Bot Gamuda-CD 16sen at offer time June 2007. Now I sell back to the issue security stockbroker 9sen loss 40%. stockbroker make money sell me 16sen and rebuy 9 sen
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