$SUNZEN (0148.MY)$ the company business is in a better posit...
$SUNZEN (0148.MY)$ the company business is in a better position now compare to previously when the price at 0.40.
(1)ceased the business that making losses which will immediately increase the PAT - animal health division
(2)100% holding on Ecolite and YanMing that makes profit compare to previously only holding at 70% and with profit guarantee RM6.5mil p.a for 2 years.
(3)acquired 70% Eye Nation that making RM900k profit with Revenue RM9 mil previously with profit guaranteed RM1.3 mil p.a for 2 years
(4)Finsource credit business increasing and future capital of additional RM16-18 mil to inject to give more loans to customers if they manage to dispose of the factory for Animal Health division.
(5)waiting for approval for the quota to import premium bird nests to China from 10 tonnes to 18 tonnes p.a.
(6)Transfer listing to the main board in the process.
(7)The BINGO show will start on the 24/10 /24.
I keep adding the warrant and wait for it to become a GIANT.
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101873646 : Thank you for sharing. I used to buy warrants all the time, but when I bought too many, I started to feel a bit scared. Lately, I've started buying the underlying stocks again, and they seem to be performing well recently. However, warrants still bring in more profits, but the risks are relatively high.
Rain Maker OP 101873646 : yes, warrants are higher risk but sunzen WC expired on 13 Sept 2027 which will have another 3 years to go and the convertion are only 0.20, which are OK to me.