If you read my earlier post on My Oil & Gas Fightback, you would know that one of the stocks I am interested in is KrisEnergy. The main reason for my interest in this stock is because it can potentially turn around quickly when oil price recovers and become a multi-bagger. However, there are 3 KrisEnergy counters listed on SGX, namely,
- the KrisEnergy stock itself;
- a warrant named KrisEnergy W240131, which is convertible to the stock and will expire on 31 Jan 2024; and
- a zero-coupon bond named KrisEnergy z240131, which will also mature on 31 Jan 2024.
Which KrisEnergy should I buy for maximum capital gain?
KrisEnergy the stock is the simplest. If oil price goes up, it will make money. Conversely, if oil price stays down, it will lose money. There is no expiry date to the stock, unless the company goes bankrupt.
KrisEnergy the warrant is ...
