The email address in "Contact AK: Ads and more" above will vanish from November 2018.

PRIVACY POLICY

FAKE ASSI AK71 IN HWZ.

Featured blog.

1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.

Archives

"E-book" by AK

Second "e-book".

Another free "e-book".

4th free "e-book".

Pageviews since Dec'09

Financially free and Facebook free!

Recent Comments

Shaun commented on sold alibaba for 51 gain: “Hi Ak, I understand you are bullish on Wilmar given how…”
Shaun commented on sold alibaba for 51 gain: “Hi AKI understand you are bullish on Wilmar given how…”
Shaun commented on sold alibaba for 51 gain: “Hi AKI understand you are bullish on Wilmar given how…”
SN commented on sold alibaba for 51 gain: “Hi AK, with ST Engineering up 48% YTD, will you consider…”
Yue commented on 12m53 plan for cpf in 2025: “Hi AK, can I know the reason why you don't transfer all…”
Yue commented on 12m53 plan for cpf in 2025: “Hi AK, can I know why don't you just transfer all your…”
Yv commented on 12m53 plan for cpf in 2025: “Hihi AK, with Tbills yield dipping to 2.75% recently, just…”
nobody commented on dbs share price to stay higher for: “Hi AK,With the financial results for all three banks now…”
nobody commented on dbs share price to stay higher for: “Hi AK,With the financial results for all three banks now…”
AK71 commented on sold alibaba for 51 gain: “Hi SgFire,Taking profit is never wrong. Gong Xi Gong Xi. :)”
AK71 commented on dbs share price to stay higher for: “Hi jeff, Apologies for the slow reply.I remind myself that…”
SgFire commented on sold alibaba for 51 gain: “Hi Ak, took profit on baba and sitting on profit with…”
jeff commented on dbs share price to stay higher for: “Hi Ak, im new to investing the banks now are rather pricey,…”
jeff commented on dbs share price to stay higher for: “hi ak,Im new to investing, however now the banks are very…”
AK71 commented on dbs share price to stay higher for: “Hi Yv,Huat Huat 2025 to you too! :)”
AK71 commented on dbs share price to stay higher for: “Hi bunny,Nope. Not adding.Last time I added was before they…”

ASSI's Guest bloggers

Saizen REIT: Buy signal.

Friday, March 5, 2010


For the first time in weeks, we have a buy signal for Saizen REIT in the MACD on the weekly chart as the price closed at 16.5c.  We see how the MACD seems to be pulling away ever so slightly from the signal line.  This is a positive sign.


On the daily chart, the MACD continues to pull away from the signal line further away into positive territory.  20dMA and 50dMA continue to rise in their merged form, providing a strong support.  The Bollinger bands squeezed four sessions ago and are expanding now, marking a departure from lower volatility as price sets off in one direction, which is up, in this case.
The MFI has formed a higher high which marks positive buying momentum.  Using the technical tool, Ichimoku, we see that Saizen REIT's price has emerged from the upper limits of the cloud (the translucent blue area) and this means that it has emerged from resistance and is free to move higher.

It might still be early days but the signs are promising.  We will need confirmation next week on whether Saizen REIT's price will continue its positive movement.  Good luck to fellow unitholders.

2 comments:

Anonymous said...

Hi AK, just some questions regarding the saizen warrant. the exercise price is 0.09 and the conversion ratio is 1-1. Does this mean when the warrant price reaches 0.09, i can start purchasing saizen shares at 0.09 per share? And let say if the warrant price stay below 0.09 past the expiry dates, this means all the warrant I have purchase at 0.075 will be worthless? And lastly, does the movement in price of the shares correlate with the movement in the price of the warrant. It look as though that both seems to be moving independently of each other. Thanks

Mike

AK71 said...

Hi Mike,

Ownership of the warrants allows the holder to convert the warrants into Saizen REIT units with all the accompanying benefits, including entitlement to income distributions, anytime before the expiry date. If you hold the warrants until they expire, they become worthless.

So, let's say you bought some warrants at 7.5c, if you want to convert these into Saizen REIT units, you would have to pay an additional 9c (the conversion price). This would mean that your Saizen REIT units would cost you 16.5c in total. For details on how to convert warrants, please contact your broker.

The value of the warrants has a great deal to do with how much Saizen REIT units are being traded for. If Saizen REIT units are trading at 16c, the fair price for the warrants would be 16c - 9c = 7c, for example. of course, it is not always so precise and you might be buying the warrants at a premium sometimes, rarely at a discount.

Good luck. :)


Monthly Popular Blog Posts

All time ASSI most popular!

 
 
Bloggy Award