Showing posts with label YTLPOWR-WB. Show all posts
Showing posts with label YTLPOWR-WB. Show all posts

Thursday, April 30, 2015

Sold Ytlpower-wb - 30 April 2015

After holding Ytlpower-wb for 2 years, I have decided to let it go to raise some cash.  Sold at 0.455, which translate to a mere 4.6% profit. 

Monday, January 21, 2013

Bought YTLPOWR-WB - 21 January 2013

After over a week of monitoring YTLPower, I have decided it is time for an entry.  I just bought YTLPOWR-WB @ 0.435 since the warrant is going at almost 0 premium against its mother share.  Furthermore, the expiry date of the warrant is still over 5 years from now, November 2018.

There has been speculation in the market that YTL Corporation may privatize YTL Power.  If this rumour becomes true, we will see a rally in the YTLPower share, and thus its warrant as well.  The yield for the warrant would be higher and the capital needed for investment required is much lower.  The only downside from investing in the warrant is that one will not be receiving any dividend.