I just bought Safeguard-WA , 205 lots @0.14+- . Why buy now instead of buying it 2 days b4 CNY holiday? The reason is its' downside limit is quite limited. 52 weeks high 0.25+- n low0.12+-. I checked d movement of this WA n its' mom & found out its' mom has risen from 0.90 to current level of 1.13 since 5 Jan 07, but its' WA down from 0.25 to current level of 0.135.....suspicious right? I also knew that someone is buying in block on its mom since 5 feb n the volume traded for Safegrd-WA is quite convincing also.
The current mkt theme is " warrant play". Thus, I believed warrant <0.15 now=" $$$$$$.">15) is not as good as Maybulk n Maemdoe, but bear in mind, its WA is now traded at almost historical low + we r in bull mkt now. How low can she go anymore ? 10cts ? i will say very unlikely ^V^
Buying safegrdwa @<0.15 is like cantonese saying " if u win , u win a factory, if u lose , u only lose a sweet ^V^
In such a bull mkt..for any in money warrant with expiry date >3 years n traded <0.15 is something quite unbelieveable !
Use common sense n think, why its mother stood at 52 weeks high but its warrants traded at almost 52 weeks low ? why ? SOMEONE IS BUYING in big BLOCK on its mom since 5 jan 07, check d below :
Monday, 12 Feb 2007
10:45AM Disclosure of dealings pursuant to Malaysian Code on Take-Overs & Mergers 1998
Friday, 9 Feb 2007
5:58PM
383,900 shares purchased
10:59AM
Unconditional mandatory general offer by Eighth Jewels Systems Sdn Bhd
Thursday, 8 Feb 2007
5:53PM
300,000 shares purchased
12:01PM
Unconditional mandatory general offer by Eighth Jewels Systems Sdn Bhd
9:40AM
Unconditional mandatory general offer by Eighth Jewels Systems Sdn Bhd
Wednesday, 7 Feb 2007
5:53PM
370,000 shares purchased
12:02PM
Unconditional mandatory general offer by Eighth Jewels Systems Sdn Bhd
Tuesday, 6 Feb 2007
6:19PM
400,000 shares purchased
10:18AM
Unconditional mandatory general offer by Eighth Jewels Systems Sdn Bhd
Monday, 5 Feb 2007
6:08PM
410,000 shares purchased
11:56AM
Unconditional mandatory general offer by Eighth Jewels Systems Sdn Bhd
Friday, 2 Feb 2007
6:35PM
500,000 shares purchased
Monday, 29 Jan 2007
5:48PM
Unconditional Mandatory Offer
Friday, 26 Jan 2007
6:13PM
Dato' Abdul Aziz bin Haji Sheikh Fadzir (60,937 Shares Disposed)
6:13PM
Dato' Mohamad bin Ishak (40,127,885 Shares Acquired)
6:13PM
Darmendran Kunaretnam (40,127,885 Shares Acquired)
Thursday, 25 Jan 2007
5:51PM
Appointment of Independent Adviser
Tuesday, 23 Jan 2007
7:00PM
Unconditional mandatory general offer
6:28PM
ACQUISITION OF 80% INTEREST IN DOYAN OCEANIC
Monday, 22 Jan 2007
5:58PM
Capaian Ilham Sdn Bhd (22,024,999 Shares Disposed)
5:58PM
Eight Jewels Systems Sdn Bhd (40,127,885 Shares Acquired)
5:58PM
Darmendran Kunaretnam (40,127,885 Shares Acquired)
5:58PM
Dato' Mohamad bin Ishak (40,127,885 Shares Acquired)
Thursday, 11 Jan 2007
6:20PM
PUBLIC SHAREHOLDING SPREAD AS AT 29 DECEMBER 2006
6:14PM
PUBLIC SHAREHOLDING SPREAD AS AT 29 DECEMBER 2006
Wednesday, 10 Jan 2007
5:59PM
Notice of Unconditional Take-over Offer
5:54PM
Receipt of Notice of Unconditional Take-over Offer ("Notice")
Thursday, 4 Jan 2007
3:51PM
SAFEGAD-SUSPENSION AND RESUMPTION OF TRADING
3:26PM
Safeguards Corporation Berhad ("Safeguards" or "the Company")
Friday, 29 Dec 2006
6:49PM
32nd Annual General Meeting & Extraordinary General Meeting
Thursday, 28 Dec 2006
6:15PM
20,300 shares purchased
Thursday, 21 Dec 2006
5:46PM
32,200 shares purchased
Tuesday, 19 Dec 2006
6:04PM
20,300 shares purchased
Friday, 15 Dec 2006
5:58PM
10,000 shares purchased
Wednesday, 13 Dec 2006
5:55PM
3,000 shares purchased
Tuesday, 12 Dec 2006
5:44PM
29,200 shares purchased
Friday, 8 Dec 2006
5:59PM
5,000 shares purchased
Thursday, 7 Dec 2006
6:02PM
5,000 shares purchased
Tuesday, 5 Dec 2006
10:34AM
SAFEGAD - NOTICE OF BOOK CLOSURE
Monday, 4 Dec 2006
5:42PM
Final dividend of 2% less taxation
5:41PM
Notice Of 32nd Annual General Meeting & Extraordinary General Meeting
Wednesday, 29 Nov 2006
6:05PM
Proposed Disposal of 51% equity interest in Cynnyx Sdn Bhd
6:01PM
Capaian Ilham Sdn Bhd (700,000 Shares Disposed)
5:52PM
24,000 shares purchased
Thursday, 23 Nov 2006
7:01PM
25,100 shares purchased
7:01PM
25,100 shares purchased
7:00PM
6,500 shares purchased
7:00PM
6,500 shares purchased
6:59PM
24,000 shares purchased
From d above data, u should know why i called "trading buy " on its warrant ^V^ for warrant <0.15>0.20 is something like "kacang putih". What if its' mom up 30cts after CNY ? >0.30 for its son ?? count d percentage of return ! even 0.20 will grant u >40% return ! u guys decide n old saying, trade at yr own risk ^V^
Another 205 lots parked at 0.135 for it to come down if she dares !?
^V^
2 comments:
Safeguard-WA is still out of money, friend
Hello bro, just my 2 cts..conversion 1.20 + 0.15 = 1.35, 1.35- 1.13=0.22, 0.22/1.13x100% =<20%, anything <30% is considered in money ^V^, am i not correct ?or may be u can refer to someone master in warrant n seek for advice ^V^
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