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FINANCIAL CHRONICLE™ » CHRONICLE™ ANALYTICS » JKH W23 is very attractive

JKH W23 is very attractive

2 posters

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1JKH W23 is very attractive Empty JKH W23 is very attractive Thu Aug 07, 2014 10:54 am

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

JKH Warrant 23 is very attractive at current price level.

Reason: The conversion takes place in September 2016 at Rs.195. Basically it leaves over two years.

If you buy at Rs.79 and convert it at Rs.195 in two years time the cost will be Rs.274. However the price of JKH.N may be over Rs.400 in two years time.

2JKH W23 is very attractive Empty Re: JKH W23 is very attractive Fri Aug 08, 2014 9:12 am

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think even if you buy on Margin it is interesting.

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