Chart: RHBCap's daily chart as at Apr 6, 2010_9.25am (Source: Quickcharts)
For those who like a more speculative play, you may consider RHBCap-CB. The main terms are:
Expiry Date: 20/9/2010
Exercise ratio: 5-for-1
Exercise price: RM5.00
At the current price of RM0.225 (& share price at RM5.90), RHBCap-CB is trading at a premium of 3.8%.
Based on the bullish breakout, RHBCap may be a good trading BUY.
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