EOD Update (10 August 2006)

KULIM-WB made another dash up to 2.38 (up 0.21 from yesterday's close) before settling down to close at 2.31 (up 0.14). On the other hand, KULIM only managed to move up 8 sen before closing flat. If we make this comparison from a percentage-wise perspective, the difference is even more glaring. Looks to me like the warrants could be running a bit ahead of the mother share. At times like this when markets are so volatile, I'm happy to take profits, especially when 2.35 and above translates to more than 80% appreciation from my first buy point at 1.30 barely 3 weeks ago. Will only be more comfortable going back in when the mother share shows some upside movements in tandem with the warrants.

Meanwhile, ASIATIC finally started moving again, after I sold off some recent additions ... typical.

Latest purchase:

IJMPLNT: +2,000 (1.60) ... Total 1.60 (2nd round with this counter)

Latest disposals:

KULIM-WB: -2,000 (2.29), -1,000 (2.36), -1,000 (2.37) ... Balance 1,000


/ichithekiller