Asian Business Issues - Rants & Raves, Illusions & Collusions etc.
Friday, April 20, 2007
Last Minute Shopping
AMMB- Call Warrant Exercise price RM3.80 Mother share RM3.90 Expiry12 October 2007 5 covereds to buy one share Foreign houses valuing mother share at RM4.30-RM5.00. Catalyst soon, removal of some board members and installation of ANZ people on board, bound to stir more institutional interest. Now this covered warrant is reasonably priced, buy up to 22 sen, sell above 30 sen.