August 24, 2012

Conundrum BJFoods

No Crappacino?
So, now that it has gone exed all, what is really, really happening at BJFoods(BJF)?

It went down to a low of 86 sen when the rights got listed.

The warrants went down to 38.5 sen.

There was no volume as usual.

Where are all those new rights?

How is it they are again kept in the CDS accounts as the price cannot see traction?

By Jove, today, it went berserk and started climbing beyond the ringgit mark. While BJF chalked up 7 sen to RM1.05, the warrants took a jump to 47.5 sen collecting  a 6.5 sen gain.

Will there be traction?

Better be because we need the support form Starbucks to give us better dividends.

Any more goodies, Vincente?


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