We continue disposing Gpacket in batch today at RM 0.625 average and switched to Kawan and Kawan-wa

We disposed another 20% of our Gpacket at RM 0.625 in average and left 40% of our original holding in total.

On the other hand, we switched to Kawan and its warrant today. But we faced tremendous buying disturbance from some big players. But base on our calculation of PE 15 times of Kawan. We think Kawan worth more than RM 2.10 before even its future halal plant contribution.

As for its warrant with a conversion price at RM 1.400. if base on our target of RM 2.10 and the warrant should worth 4 times from current value at least. We will continue to increase our holding and even convert its warrant if the market is in bad mood in 2016.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: