LOCAL property concern SP Setia Bhd's warrants are trading at an attractive price, hovering below 85 sen. This low pricing, however, has not attracted the attention of analysts who seem to prefer the company's mother share.
“Warrants are only worth buying when the market is hot. Current market conditions are without doubt attractive, but it is still uncertain how long the trend will last. The mother share is also preferable (in contrast to the warrants) as there are dividend payments,” says an analyst from a foreign research house.