Friday, October 23, 2009
Kinstel
Lately i have been trying to search for the best warrant/call warrant. I prefer a "safe" trade. I searched through the top premium warrants list available on my trading platform and i found kinstel-wa.
On 7 October 2009, i bought kinstel-wa as it was trading about 5% discount to its mother, kinstel. This mean it is better to buy kinstel-wa compared to kinstel. Besides, the expiry date was more than 2 years away. The gearing is around 1.5. I bought kinstel-wa at RM0.70.
I did not study much about kinstel fundamental as I think kinstel is a fundamentally good company. From the chart above, we can see that kinstel is trading side way at a thin volume compared to 3 months ago.
I expect kinstel to start jumping up as its volume start increasing.
Ok, good luck.
GOon
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Kinstel
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Thank you. I like reading your blog.
ReplyDeleteI follow you when you talked about glomac-wa and i bought it at RM0.30 and had just sold it at RM0.57 last few days. almost 100%
the best performance i have ever had!
Thank you, thank you.