Stocks discussion No. 6 - 2020
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You must stop loss when your loss is still small.
You must stop loss when your loss is still small.
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posted by scrt4u @ Tuesday, June 02, 2020
3 Comments
![[Most Recent USD from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
3 Comments:
Welcome to "Stocks discussion No.6 - 2020". Please post your questions or stock picks here
Dynasty Ceramic Cement PCL ( DCC) is leading manufacturer of ceramic tiles in Thailand . It is also largest exporter and acquired Royal Ceramic Tiles last year. It pays quarterly dividend ( 4 times in a year). It trades at Baht 1.93. At this price DCC W1 is a steal. It is quoting at 0.56 baht and has right to buy DCC stock at 1.15 Baht and hence in money of 0.78 baht and thus trading at discount of 0.22 Baht ( 42%). Since it has life up to May 2021 , it should quote at premium like any other warrant and not discount . BLIND BUY>
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