There will be three Hong Kong shares CWs to be listed tomorrow, which are SINOPEC-C1 (15.09% premium), BOC-C1 (18.80% premium), and CCCC-C1 (0.95% premium). Among the three, the spotlight would be on CCCC-C1. With a superbly low premium, it will definitely achieve the highest gain in price tomorrow. By setting a premium of 15%, CCCC-C1 should be trading near RM0.335 tomorrow. An impressive 123% gain in price!
Some information on CCCC:
China Communication Construction Corporation (CCCC) is principally engaged in the construction and design of transportation infrastructure dredging and port machinery manufacturing business. It is (i) the largest port construction and design company in China,
(ii) a leading company in road bridge construction and design, (iii) the largest dredging company in China and the third largest in the world. The Group is also the (iv) world's largest container crane manufacturer.
For those who intend to keep or purchase more CCCC-C1:
Let's just say, if the underlying stock climbs to HKD18.00 (a 20% gain) in a period of 6 months, we can expect its CW to be RM0.425 (without any premium). Any price below RM0.25 tomorrow should be a good bet to take.
Let's just say, if the underlying stock climbs to HKD18.00 (a 20% gain) in a period of 6 months, we can expect its CW to be RM0.425 (without any premium). Any price below RM0.25 tomorrow should be a good bet to take.
No comments:
Post a Comment