Quality W0701 (0151) – Warrant! Are You Dare To Play? September 27, 2006
Posted by Michael in Hong Kong Stock Market.trackback
Since 2003, I always received many emails requesting me to write or input some comments on any potential profitable warrants. Well, there are many reasons behind I didn’t do it but since this blog is created, the demand for this is so high again that I think I have to post some good picks on warrant from time to time.
First of all, I have to declare that I am not a good warrant ‘player’. Second, I still thinking that ‘playing’ a warrant is aint much different than gambling.
OK. Warrant for Quality Health (0593) - Quality W0701 (0151). There is no doubt that 0593 is making a good progress in its health-care business. Penta Investment Advisers Ltd added its stakes on August 4, 2006 before 0593 announced its earning. Here is the latest filing details:
| Total number of shares | Percentage figure (%) | |
| Long Position | 14,156,000 | 7.19 |
But, I am concerned about the volume and turnover of this warrant. So, ‘players’ have to pay attention on this matter.
0151 closed at $1.18 today. Any move above this prive level tomorrow is a good buy and $1.17 being the stop-loss level.
Click here for Quality W0701 (0151) daily chart and latest price quote: http://www.aastocks.com/eng/StockQuote/default.asp?symbol=0151
