August 12, 2012

BJFoods and Its Warrants-Opening Trades

Losing traction

Well, as expected the price of BJFoods (BJF) slumped to 92 sen before recovering to 94 sen for a loss of 3 sen.

The warrants opened at 48 sen before being traded down to 42 sen.

If you take the price of RM1.43 sen before it went ex-all, the difference will be RM1.43-94 sen = (a loss of 49sen) sen. Tack on 42 sen and you still lose 7 sen.

So, for those who kept the share and took the rights and warrants, it is a loss if you bought in at RM1.43 sen cum rights.

Only those who bought at RM1.36 will break even on gross; losing on nett.

Those who bought at  RM1.32 will scrap through with no losses.

What you need to do is maybe become a long-term player on this counter and hope that Starbucks will bring big bucks to you!

So, have you got the picture now?

The Digital Potential

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Another Writing Job

To Write Expressively

Maybe I am risking it but I guess I still have the capacity to take on this one. God willing.

This is an assignment to write something on web business.

The trick is to digest the fundamentals of business in the virtual world; its early beginnings and the current action in the ever dynamic and competitive virtual platforms using Facebook to other social working networks.

The only thing is to make it understandable to the layman.


A Malaysian Indian as a Potential Second DPM?

Opening a Possibility?
The Malaysian political fabric is certainly fraying at the seams with NGOs now jumping on the bandwagon when political parties remain deafeningly mute on off-colour issues like demanding that an Indian be made  a Second DPM.

Trust MIC not to be tangled in this fangled issue. They will not leave the comfort zone.

So, NIAT which stands for the National Indian Action Rights Team has done MIC a favour it has never dared asked for even in private.

That Ambiga also appears in this team is fodder to feed on.

Will she be plunging into politics now?