TM-CI potential profit of 16% within a month!

Telekom Malayisa (TM) is set to release its quarterly financial report very soon. I think it would be a fantastic result. Nevertheless, today TM breaks it resistance of RM3.43 to close at RM3.46 (intraday high RM3.49). I really expect the momentum to go on strong. Its trading volume also increase significantly.


There is a few TM call warrants listed on KLSE namely TM-CI, TM-CJ, TM-CK, TM-CL, TM-CM and TM-CN. I like TM-CI the most as it comes with a discount 3.18% and gearing of 5.24. It is going to mature very soon, its expiry date is 17/9/2010, this is a very good news to discounted call warrant. This means that TM-CI potential profit of 16% (3.18 x 5.24) is going to be released very soon. With current strong momentum of TM, I really think that TM-CI would be a very great trade. TM-CI has increased 22% the last 3 days.

Ok, good luck

GOon