History has shown that share price will rise more quickly if corporate exercises that include bonus issues/split shares/free warrants are carried out.

Koon Yew Yin

http://koonyewyin.com/2016/11/09/1286/

All ex price = (2*2.77+1.06)/(4+1+1) = 1.10. Minus the exercise price of warrants 1.06 = 0.04 (warrant price). It is in money already. Given 20% premium, the warrant price = 1.2 X 1.10 - 1.06 = 0.26. Five more market days to go.

All ex date is 23 Nov 2016.

ASP (Average Selling Price) hike to mitigate the effect of higher costs.

Just now someone posted at 3.30 pm, the roadblock RM2.75 will be broken but he deleted his posting. Really happen.

Cannot get pass RM3.00 lah. Just hope it can close the gap at RM2.92 (28 Oct '16 crash closing price).

Will it gap up in the opening of the 2nd session like yesterday? Hope so.

Aiyoo suddenly 5000+ lots got sold off.

Taking a rest now. Will charge again late evening.

Dear Patrick13, the ex all price will use the last price on 22 Nov 2016. As for your own actual cost price, you can calculate yourself for comparison.

Today mother share dropped 14 sen at 4.44 pm. It is because of profit taking by big players after 34 sen rise for the past two days. I think Tuesday and Wednesday will also drop due to very big volume of T + 3 especially the call warrant Topglov-C6.

kancs3118:

We need 2 shares to be splited to 4. And from this 4 shares, we are given 1 free share. That is why we multiply 2 with the last price, i.e. 2 X RM2.63 and we got 4 splited shares plus one free share. Apart from this, we need to pay for the warrant at the exercise price of RM1.06 and we add 1 warrant to the 4 + 1 shares just now. This is how we got the new ex price.

Warrant + exercise price = Mother share price or Warrant = Mother share price - exercise price, i.e.
RM1.05 - RM1.06 = -RM0.01 which is illogical because it is negative. So, market makers got to push up the price so that the numerator is bigger.

But in some shares, the market maker can manipulate the warrant. First they add 20% premium to the mother share, i.e. (120/100) X RM1.05 = RM1.26. Then warrant price = RM1.26 - RM1.06 = RM0.20. Then if the market is good, this RM0.20 might hit limit up twice, i.e. 1.3 X 1.3 X RM0.20 = RM0.338.

All ex price = (2*2.63+1.06)/(4+1+1) = 1.05. Minus the exercise price of warrants 1.06 = -0.01 (warrant price). Still not logical. Market makers got to push up some more. Six more market days to do so.

All ex date is 23 Nov 2016.

kancs3118:

Gadang Holdings - A Buying Opportunity

TARGET PRICE: MYR 3.50

We believe the recent selldown provides a good opportunity to accumulate the stock at forward P/E of < 7x vs the peer average (in low teens). We upgrade the stock to BUY with unchanged SOP-based TP of MYR3.50 (39% upside). Apart from strong medium-term earnings visibility, it has also laid foundation for the longer term. Mega construction job wins and its ongoing corporate exercise may boost sentiment on the stock.

Today's RHB Research buy call

(2*2.60+1.06)/(4+1+1) = 1.04. Minus the exercise price of warrants 1.06 = -0.02 (warrant price). Not logical. Market makers got to push up some more. Eight more market days to do so.

The strong USD and weak RM is due to Donald Trump policy. This trend will last for sometime. It will benefit export stocks such as Hevea, LiiHen, Pohuat, Topglov, Harta, Kossan and Supermx.

At this moment, 1USD = RM4.145

US dollar strengthened against major currencies as the market is expecting the president-elect to bring US industries overseas back to the US and hence there has been a flow of money in to the US late last week from some countries including Malaysia. The US dollar index futures increased from 96.9 points to 98.7 points last Friday, the highest since last January this year.

http://www.theborneopost.com/2016/11/13/support-level-broken-more-downside-seen-for-fbm-klci/

Ringgit dijangka diniaga rendah minggu depan

Selanjutnya di : http://www.bharian.com.my/node/211975

Antara faktor kejatuhan ringgit berbanding dolar AS

Selanjutnya di : http://www.bharian.com.my/node/211754

The strong USD and weak RM is due to Donald Trump policy. This trend will last for sometime. It will benefit export stocks such as Hevea, LiiHen, Pohuat, Topglov, Harta, Kossan and Supermx.

Macquarie Bank Singapore head of foreign-exchange and fixed-income strategy Nizam Idris disagrees with Bank Negara’s analysis, saying that it does not do any good to blame speculation as the main culprit behind the ringgit fall.

He says that with Donald Trump clinching the US presidency, fear of sudden interest rate hike has become more apparent.

14 December 2016 Federal Reserve meeting will raise interest rate.

The foreign-exchange expert forecast ringgit to drop further, hitting RM4.50 against the greenback by early 2017.

However, there is a silver lining for investors looking for returns in a falling ringgit environment. For example, shares of exporters tend to outperform the broader market in this situation due to better earnings prospects thanks to a higher dollar.

http://www.thestar.com.my/business/business-news/2016/11/12/mixed-views-on-cause-of-currencys-fall/

http://www.thestar.com.my/business/business-news/2016/11/12/posttrump-where-does-the-ringgit-go-from-here/

Macquarie Bank Singapore head of foreign-exchange and fixed-income strategy Nizam Idris disagrees with Bank Negara’s analysis, saying that it does not do any good to blame speculation as the main culprit behind the ringgit fall.

He says that with Donald Trump clinching the US presidency, fear of sudden interest rate hike has become more apparent.

14 December 2016 Federal Reserve meeting will raise interest rate.

The foreign-exchange expert forecast ringgit to drop further, hitting RM4.50 against the greenback by early 2017.

However, there is a silver lining for investors looking for returns in a falling ringgit environment. For example, shares of exporters tend to outperform the broader market in this situation due to better earnings prospects thanks to a higher dollar.

The strong USD and weak RM is due to Donald Trump policy. This trend will last for sometime. It will benefit export stocks such as Hevea, LiiHen, Pohuat, Topglov, Harta, Kossan and Supermx.

The strong USD and weak RM is due to Donald Trump policy. This trend will last for sometime. It will benefit export stocks such as Hevea, LiiHen, Pohuat, Topglov, Harta, Kossan and Supermx.

http://www.thestar.com.my/business/business-news/2016/11/12/mixed-views-on-cause-of-currencys-fall/

http://www.thestar.com.my/business/business-news/2016/11/12/posttrump-where-does-the-ringgit-go-from-here/

@Secrecy: Why freeze already still the dollar keeps changing?

To Mentos512, yes warrant is applicable for share split as well.

I am also asking the same question.

It seems that this Ekovest share must be kept for long term.

Dear moneySIFU, can you please give me the link.

DUKE Phase 1 is already in operation while Phase 2 is expecting to complete
construction and commence toll collection by the first half of 2017. Upon completion of
the construction for DUKE Phase 2, the traffic volume for DUKE is expected to double.
Upon completion of the SSA, EPF will pay RM921 million in cash to Ekovest. A
further RM209 million in cash will be paid by EPF to Ekovest following the issuance of the certificate of practical completion for DUKE Phase 2, of which, RM149 million will be deposited in an interest bearing designated account by Ekovest.
======================================================================

Dear WealthWizard and moneySIFU, may I know whether the whole process will only be completed by June 2017 which means the special dividend can only be paid in third quarter of 2017? Share split should come before special dividend (in third quarter of 2017 as well)?

SHAREHOLDINGS
AS AT 7 OCTOBER 2016
THIRTY (30) LARGEST SHAREHOLDERS
No. Name Shareholdings %
1 UOBM Nominees (Tempatan) Sdn Bhd 83,500,000 9.76
Pledged Securities Account for Tan Sri Dato’ Lim Kang Hoo
2 RHB Nominees (Tempatan) Sdn Bhd 80,000,000 9.35
OSK Capital Sdn Bhd for Kota Jayasama Sdn Bhd
3 Amsec Nominees (Tempatan) Sdn Bhd 64,503,647 7.54
Pledged Securities Account - Ambank (M) Berhad for Tan Sri Dato’ Lim Kang Hoo
4 Ekovest Holdings Sdn Bhd 64,261,203 7.51
5 Khoo Nang Seng @ Khoo Nam Seng 49,575,100 5.80
6 Amsec Nominees (Tempatan) Sdn Bhd 40,038,806 4.68
Pledged Securities Account - Ambank (M) Berhad for Ekovest Holdings Sdn Bhd
7 Amsec Nominees (Tempatan) Sdn Bhd 38,039,250 4.45
Pledged Securities Account - Ambank (M) Berhad for Kota Jayasama Sdn Bhd
8 Citigroup Nominees (Tempatan) Sdn Bhd 35,189,100 4.11
Exempt An for AIA Bhd
9 Lim Seong Hai Holdings Sdn Bhd 29,731,600 3.48
10 Tan Sri Dato’ Lim Kang Hoo 24,678,442 2.88
11 Lim Seong Hai Holdings Sdn Bhd 22,612,900 2.64
12 Amanahraya Trustees Berhad 19,518,120 2.28
Public Smallcap Fund
13 RHB Nominees (Tempatan) Sdn Bhd 12,836,000 1.50
Pledged Securities Account for Yap Song Ming
14 Citigroup Nominees (Tempatan) Sdn Bhd 11,795,800 1.38
Exempt An for OCBC Securities Private Limited
15 HSBC Nominees (Tempatan) Sdn Bhd 11,677,100 1.37
HSBC (M) Trustee Bhd for Affin Hwang Select Opportunity Fund
16 Citigroup Nominees (Asing) Sdn Bhd 11,033,732 1.29
Exempt An for Citibank New York (Norges Bank 1)
17 Malaysia Nominees (Tempatan) Sdn Bhd 9,826,500 1.15
Great Eastern Life Assurance (Malaysia) Berhad (LPF)
18 Malaysia Nominees (Tempatan) Sdn Bhd 8,500,000 0.99
Great Eastern Life Assurance (Malaysia) Berhad (DR)
19 CIMB Group Nominees (Tempatan) Sdn Bhd 7,614,000 0.89
CIMB Commerce Trustee Berhad - Kenanga Growth Fund
20 HSBC Nominees (Asing) Sdn Bhd 7,110,240 0.83
Bintang Mas Consulting Ltd
21 HSBC Nominees (Asing) Sdn Bhd 7,085,160 0.83
Exempt An for The Hongkong and Shanghai Banking Corporation Limited
22 Amsec Nominees (Tempatan) Sdn Bhd 6,291,040 0.74
Pledged Securities Account for Tan Leak Goh
23 Citigroup Nominees (Tempatan) Sdn Bhd 6,150,200 0.72
Kumpulan Wang Persaraan
24 Citigroup Nominees (Asing) Sdn Bhd 6,130,000 0.72
Exempt An for Citibank New York (Norges Bank 14)
25 Malaysia Nominees (Tempatan) Sdn Bhd 5,286,300 0.62
Great Eastern Life Assurance (Malaysia) Berhad (LBF)
26 Loh Yu San 4,942,280 0.58
27 Malaysia Nominees (Tempatan) Sdn Bhd 4,722,400 0.55
Great Eastern Life Assurance (Malaysia) Berhad (LEEF)
28 Lim Kia Hiong 4,698,120 0.55
29 HLIB Nominees (Tempatan) Sdn Bhd 4,600,000 0.54
Pledged Securities Account for Poh Yang Hong
30 Beh Eng Par 4,578,620 0.54

Ekovest proposed share split involving the subdivision of every two (2) existing ordinary shares of RM0.50 each into five (5) ordinary shares of RM0.20 each in Ekovest held on an entitlement date to be determined and announced later.

Ekovest said on Tuesday that it intends to distribute RM245 million as special dividend to shareholders, which accounts for 21.7% of the RM1.13 billion (approximately 28.6 sen per share) proceeds from the disposal of 40% stake in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd to the Employees Provident Fund.

Is EPS(F) of 8.4 sen for this coming 3rd quarter worse than the previous 2nd quarter of 7.95 sen?

Dear Rikki, can you please come out with another updated blog on The Top @ Komtar since it is about to open on 18 December 2016. The previous one was on 12 January 2016 entitled "Building a Tower of Gold".

http://klse.i3investor.com/blogs/bursakakis/89487.jsp

I observed in the afternoon session, there is support at RM2.38. Each time 100 lots thrown down at RM2.38, very fast a new 100 lots appear. I don't know whether this support is from a small fish or the market maker.

At the end, market maker created a sell queue of 3026 lots at RM2.39 but at the same time he eats back 1268 lots.

Today's candle stick shows a hammer. Got to see tomorrow whether market maker wants to push up or not.

Closed unchanged at RM2.39. Still got 31 market days to The Top @ Komtar official opening on 18 December 2016.

Good analysis Huat1. Thank you.

Huat1 :
The real good things are going to start in December onward, one by one.
Well, expect a BIG ANGPOW for CNY 2017.
=====================================================================

Dear Huat1, can we assume that December will be better than November for OWG.

Today closed at RM2.39. Still got 32 market days to The Top official opening on 18 December 2016.

Dear Huat1, may I know what is your forecast of OWG price on 18.12.2016?

RM1.80 I don't think so with The Top official launch just around the corner (18.12.2016) and opening of Genting Sky Plaza on 30.12.2016.

Wait for it to drop back to RM2.2xxx first. Look at the sell Q of 1976,00 at RM2.39. Once the market makers throw it down, it can easily plunge another 10 sen.

Maybe go back to RM2.2xxx.

Free fall down. How low it can drop? Komtar opening just around the corner.

A potential RM5.60 stock must have momentum. Not sellers impatiently selling and buyers scared to buy.

I think tomorrow the best it will close 1 sen up.