MTOUCHE-WB (RM0.145 on 16/3/2012):-
1) Underlying share price= RM0.50
2) Exercite price= RM0.27
3) Expiry date= 16/03/2020
4) Cnversion ratio is 1 for 1
5) Premium= -17%
Based on above information, is it MTOUCHE-WB is good trading buy, since premium is -17%?
Or is a trap, like TMS-WA?
But shall be consider on 16/3/2012, total direct deal of 15,000,000 share (Average price RM0.40, 6.6% of share issued for MTOUCHE) has been done.
18-Mar-2012 3:25 PM
How you get the target price RM0.70??
2-Mar-2012 1:21 PM
RA: Revenue RM40 million and profit RM8.1 million for FYE 2011. EPS is 1.63. Now P/E is 7.36 for closing price RM0.12. Let see what action tomorrow.
29-Feb-2012 10:52 PM
Sridge: 4th quarter make loss 2.8 million. EPS for FYE is 1.55. P/E will be 20.0. I am sorry, time to sell now.
29-Feb-2012 10:48 PM
RA top management promise earning 8.8 million on financial year 2011.(Finanacial result will be released next week).
Bonus issue of 1 free warrant for 10 exisitng RA share.
Let wait and see.
25-Feb-2012 5:33 PM
R&A (0110) haven't been activated since the last time this stock surge to 25 cents. As it had been trending at 0.12 to 0.125, I think RA should be ripe enough soon to justify a come back as accumulation since December 2011 had been sighted.
More important, R&A has been proposed bonus issue of 1 free warrant for 10 existing R&A shares and will seek shareholder approval in gerenal meeting on 27/2/2012.
Beside that, I believe that financial result for R&A satisfactory also (will be released end of this month, estimate EPS 1.2 cents), as promised by R&A management, after take-over Kzen group.
21-Feb-2012 5:24 PM
Hi Yong, Actually Sridge can said that bullish breakout. You can see RM0.30 is a strong resistance for Sridge before, but finally it break RM0.30 on 14/2/12.
If break RM0.30, i expect it can up to RM0.38 - RM0.40, haha, may be you can see on next week. If you want to buy on RM0.335, you shall set your cut loss point on RM0.30.
Why I said Sridge may be up to RM0.40? OK, let us compare Sridge with other profitable ACE company, for example, Digista, Mmode, Amedia and SMRTech.
1) Now P/E for Digista (closed price RM0.615) is 6.48.
2) Expected EPS for Mmode (closed price RM0.47) is 8.8 cents, so P/E is 5.34.
3) Expected EPS for Amedia (closed price RM0.405) is 6.7 cents, so P/E is 6.04.
4) Expected EPS for SMRTech (closed price RM0.27) is 4.9 cents, so P/E is 5.51
So, everage P/E is 5.84.
Ok, I expect EPS for Sridge is 7 cents, so my target price for Sridge is 5.84 x 7 = 41 cents.
Please take note that financial result for Sridge will released end of this month. So I expect Sridge may up again next week, may be to RM0.40, who know?
18-Feb-2012 3:32 PM
Sridge..bullish breakout, may see RM0.40 in short term!
17-Feb-2012 12:30 PM
Jeffrey, you are most welcome. Happy trading.
14-Feb-2012 12:48 PM
Sridge, towards RM0.35 soon. excellent financial result will be released after 2 weeks.
13-Feb-2012 10:32 PM