由于大马产业市场近来表现不错,许多产业公司的股票都获得投资者看好而导致股价上涨.大马产业龙头股实达也在近期从后赶上。该股在上周表现突出而上涨了接近7%。实达在大马股市有一项公司凭单以及一项由联昌投资银行发出的认购凭单。公司轮SPSETIA-WB在上周涨了２５％而备兑凭单SPSETIA-CB也同样上扬了两成半至27.5仙。

如果投资者继续看好实达母股走势，买进那一项凭单会更好呢？

首先，大家需要认清这两项凭单的分别。SPSETIA-WB是公司发行的凭单。它的期限比较长而该凭单的买卖主要由市场主宰。由于大马投资者偏爱期限较长的公司轮，SPSETIA-WB的交易量是远超SPSETIA-CB。

People who have invested in the stock market for a while will tell you there is no free lunch in the market.  Even if there is, it is usually arbitrage on cross border price differentials or a small sure profit during a takeover offer.  Such profits, if any, are usually very small and you cannot make a killing out of it.

However, I will demonstrate to you it is indeed possible to have free lunches in the market provided you know how to get them.  And these free lunches invitations come more frequently than most people would expect. And just yesterday (August 5th), Lee Ka Shing gave me a treat as his flagship Hutchison Whampoa Ltd smashed analysts’ expectations by achieving net profit of HK$6.45 billion.

Hutchison Whampoa share price soared 9.7% today in Hong Kong to HK$58.20 after it reported a 12% increase in first-half net profit to HK$6.45 billion, beating market expectations of HK$4.51 billion, and said its third-generation mobile-phone business was finally on track to make a positive contribution to its full-year results on an earnings before interest and tax basis.

You could have bought Hutchison Whampoa at yesterday’s price last night after learning about the earnings results if you know how to!