QUOTE(darkknight81 @ Nov 21 2008, 03:29 AM)
Current price of ytl power share RM 1.70. My worry now for the generous dividend issue will cause the mother share to be adjusted around RM 1.62 and hence the warrant B will be adjusted to around RM 40 SEN ONLY….
Sell the warrant now and buy back at RM 40 SEN ?
That is if they dont acquire Power seraya, the price may come down to adjust for dividends paid.Sell the warrant now and buy back at RM 40 SEN ?
Plus if the U.K. cuts interest rates some more then the Pound will likely go down as well. Might even test 5 ringgit level.
All in the next few months don't look good at all.
Sell all the warrants? and buy later?
Personally I would always have some investment in this counter and never sell completely.
But I have reduced it quite a lot.
Cash is KING
This post has been edited by calmwater: Nov 22 2008, 10:41 AM
Nov 22 2008, 10:40 AM

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