Ah thanks for the info. Seems like i need to learn to note those warrants/PA conversion next time.

For DANCO case, is it this part?



Seems like is around 22M shares converted. Do you like have a percentage reference like say 10% warrant conversion is consider to be a lot?

dont know, tell us where its heading

Here is the latest on the Southern Score news.

4th Jan
https://www.bursamalaysia.com/market_inform...?ann_id=3118598

8th Jan
https://www.bursamalaysia.com/market_inform...?ann_id=3119904


Of course, now we are in GNB territory and rumour has it a takeover is on the horizon. Exposure to GNB is not comfortable, so let's focus on how significant the Southern Score related contract is in terms of the orderbook.

TCS was in the news for other contracts like RM323.0m from Mah Sing M Arisa Project, RM146.3m from Vista Sentul Residences Project and RM68.4m from Sime Darby Elmina Green Three. Orderbook looks fairly padded. In terms of the tenderbook, that one is at RM2.6b.

I ask the coconut fella first....

.... for me .... I take the PASS card.

too new a stock ... and too much going on .... don't even know how to evaluate the risk if I ever take a position.

have coconut fella made your coconut drinks yet?

I asked him to shake the coconuts!! Duh.

Just had a glance on TCS.. Seems like they are mainly involved in building & constructing residential & commercial building, especially projects from SP Setia, Mahsing, Tropicana etc.

So if property market is improving, new launches from Msia Developer will be catalyst for the group, if they manage to secure those contracts.

Competitor will be inta bina, Kerjaya Prospects?



Blow water is my strength !

Blow water is what all of us are here for.

I guess those should be the competitors, too new for me to dig up more info on them. Could find the earlier list of secured contracts in the order book, plus the usual FA info. Usual risk with these newly listed companies, not much to go back on.

With the new announced MCO, looking forward to the market opening tomorrow.

Do you have game plan in your investment/trades?

Let's take TG again. As mentioned, if I were to trade it, 6.05 could had been my entry.
Since there was the momentum, I would have eyed an initial 7.50 as my target.
That was the game plan.
But in trading, nothing is ever cast in stone. One must be flexible.
The stock finished too strong. Too fast.... 6.50 was the closing price.

The morning half hour quickly indicated the theme of the day - consolidating that big movement the previous day.

This is where the decision needs to be made, to stay or to go.
If stay, I would have set my exit point at 6.15 and observe how the stock trades the next day (ie today)

Trend reversals is not that easy to trade.
Ideally the stock breaks out the trend line and reverses straights up.
But that rarely happens.
Usually, after the breakout, it quickly consolidates. Sometimes, even after consolidation, it reverts back lower. Sometimes after a brief consolidation, the stock slowly moves higher.

Anything can always happen in the market.

Have a game plan but always be flexible. Yea, easier said than done. Cause if too flexible, one is nothing but an in-and-out player and based on averages, such style doesn't win in the long run.




and oh.... buying correctly solves most problems....



This post has been edited by Boon3: Jan 12 2021, 08:37 AM

Yup you see the dilution on the eps. But as long as they convert warrant and continue to use it to positively improved their long term eps i dont mind.

Their warrant is providing them cash to do acquisition of company with synergy to their core business without impacting the company core financial health. And the boss usually do conversion when they planning acquisition, so i feel that is also fair. You want bigger exposure and leverage to Danco i would recommend trading their warrant instead

Here's a recent example...

there was a declining trend line seen for MI.

After breaking out of the trend line .... it quickly moves higher but then .... it turns back lower ....




yup... not easy to trade such setups.

It will go up in the long run im sure of that.

Not sure how fast bursa retailer will react to the news or they wait for qr report but:

https://appleinsider.com/articles/21/01/11/...ple-chip-orders

MI biggest customers are taiwan semis that support tsmc.

Unfortunately, MI was the scapegoat .....

Yeah... I wouldn't rule out the possibility out have mentioned.

This is an interesting stuff that popped up on my newsfeed...

https://www.bloomberg.com/graphics/covid-va...l-distribution/




this part ....... mana Msia?







I said it b4.... these are already the first baby steps taken....

hmm..... these shots, it won't be a 100% success but just imagine.... what if ..... it's a simple 50% success rate?



This post has been edited by Boon3: Jan 12 2021, 09:36 AM

Malaysia will not see a vaccine until Q2 realistically.
I know the Ministers committed Q1 '21 on the vaccine, more likely the later part of Feb - Mar. Deployment time factored in, I'm expecting early Q2 for it to gain traction. And that's for front liners.

Population will need to wait.

Missing my old life .....

Today theme is Agong declare darurat.
Everyone expect MCO, mana tau free darurat together.

Nice way to put it....

Market seeing a knee jerk reaction to this.......

This post has been edited by Boon3: Jan 12 2021, 10:00 AM

ChAOoz not buying?

only thing that's difference is no snap election.

and this is an outright 'fight' against c19.

not too bad, what.