TAKASO-WB May Attract Punters’ Interest Despite High Valuation

Written by Jess Lu

The shares of condom maker Takaso Resources Berhad (Takaso) have been heavily traded in the last few weeks.  Nevertheless, the share price had remained in a relatively tight band of between 22 sen and 24.5 sen, resulting the historical volatility of the mother share dropping to below 30%.  The share price of Takaso closed at 23 sen on 4 June 2014 while its company warrant TAKASO-WB finished trading at 9.5 sen.

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