Anyone can find out at what price the sapcres-wa is worth to convert to mother share, assuming by the time of expiry date, the parent share price is rm0.80.

thank

Unemployment claim wider than forecast, and all other economy data from US are bad. Look like DJIA probably going to end in red unless there is good news from the automaker bailout plan.

SAPCRES is coming today !!

Sapcres has just announced it's nine months net profit surge 96% to 180mil+. And it will pay rm0.02 dividend on early next year, will these good news going to push the price up ?

Next week Fed will decide whether to CUT interest rate by 0.5%.

Water related counters are in focus again, KPS, Puncak both surge alot. If i m not mistaken, the deadline for the selangor water concessionaire consolidation is on this month, and KPS is believe to be the biggest winner. KPS is own by KDEB which is the Investment arm of Selangor Government.

JAKS and KHSB will also benefit from the consolidation as KPS is their major share holder. KPS has just acquired 10mil shares of JAKS. JAKS works with KPS for water piping and KHSB provide land acquisition for KPS.

Just my 2 cents

Eden, Jaks, KPS and KHSB are being goreng now.... They are the gem in the rubbish

in fact they are, but they tend to be goreng during technical rebound. haha

Ranhill has been going up for few days already from 0.6x.. !!

mmccorp also recovering

Hope ramunia will continue to rally Just bought huge lots.

President George W Bush’s suggestion to allow the US auto industry to go through an “orderly bankruptcy”, dont think the news is going to be a good one.

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Added on December 19, 2008, 11:11 amit could be a very bad news n global market will sink.

This post has been edited by alivecmh: Dec 19 2008, 11:11 AM

yup, rally on monday !!

financial and oil&gas stock down that drag the market. Citigroup drop 5%

Hubline strong support at 0.20, i think this stock will have technical rebound.Anyone with me? :-p

Is it worth to hold sapcres-wa ? I just bought some at today lowest price. Mother share price is > the exercise price of the sapcres-wa.

@viper88 - what do you think about SAPCRES-WA? Now only RM0.075. SAPCRES now RM0.765. Is it worth to hold until maturity date ?

Exercise priace : 0.71
Conversion ratio : 1 to 1
Maturity Date : 18/02/2009

This post has been edited by alivecmh: Dec 30 2008, 07:55 PM

Cherroy, mind to tell how you come out with the RM0.84 ? thank you

I tot is the exercise price + warrant price, which is 0.71 + 0.075 = rm0.785. correct me if i'm wrong

hopefully pre cny rally will come.. go go go sapcres. So is sapcres-wa.