Sold Pantech-WA - 7 May 2013

Another green day.  Tambun make a new record high.  Huayang retreats a little but made a very gain yesterday.  Again, taking the opportunity, I have sold off my Pantech-wa @ 0.32, translating to a 1.6% loss as my entry was 0.325.

Bought more Pantech-wa today, 1st March 2011

My order matched while I was away in the morning.  I have accumulated enough of Pantech-wa @ 0.325.  I believe my shopping is pretty much done.  Although Pantech-wa is now running at over 40% premium, there is still a good likelihood it will shoot up when its mother start to move on good news or financial result.  I'm aware that the latest quarter earning doesn't look too good.  However, it is still in profit and the bosses bought a big chunk during December month.  The exercise price is 0.60 and the warrant will expired in December 2020.  Still has 9 years for it to show its true color.

Bought Pantech-wa today, 28th February 2011

Despite KLCI closed in the green territory, many counters suffers another selldown today, the last day in February.  The issues in Libya and high oil price remained the top blamed reason for the poor performance by regional markets.

Nevertheless, I continue to take this opportunity to scoop up bargained stock.  This time, I managed to buy some Pantech-wa @ 0.325.  The warrant still has many years before it expired.  There is plenty of time for this warrant to run and in fact, it did had a good run about 2 months ago.  Pantech is potentially one of the beneficiary of the recent O&G sector stimulus announced by Najib recently, which coincides with the time the warrant was issued.  Perhaps the bosses knows something we don't.