Overage >an extra amount of money that you have to pay for using more of something than was expected or agreed:
eg With overage charges, she has had cell phone bills of $140 a month. It seem like company subscribers overuse their subscription quota and Need to pay a higher rate for that extra part.

Actual what SSlee comment is correct , so No new co or existing refineries dare to invest in this sector , the crack spread will continue to grow higher until a day where supply cover demand or exceeded demand , by then only crack spread will reverse the trend , but how long or how many years will this happen ?

Penguin88, there will be part 2 of interview on this fri.. So will fly again?

al880, yes, if we have a smart & efficient govt, they should have encourage or initial some collaboration between the raw material supply chain and manufacturing co to set up a co to produce end product...EV battery,
MSC, Pmetal, PMBtech + Greatech, UWC...

https://www.klsescreener.com/detail.php?code=0200WA

-ve premium, No reason not to arbitrage on warrant.. Unless, Revenue declare high dividend payout.

UWC, greatech & D&O, tech stock you shouldn't miss , a sure profit investment ( but with correct price, collect when there is any correction).

Greatech prospects underpinned by growing customer base | https://www.klsescreener.com/v2/news/view/812645

Remember how increase in ASP affect the profit in Glove company & their share price last year

PublicIB tp 5. 09 9/3/21, kenanga tp 5.50

D&O, being one of the only 2 co in the world that provide full automotive LED solution..

Buy some now buy more when correction..

Exceptional earnings ahead for D&O Green Tech | https://www.klsescreener.com/v2/news/view/812607

https://www.klsescreener.com/v2/news/view/799853

Production increase 20-30% per year, new product ASP increase by 5 to 10 times compare current product ( last Qtr profit margin rose to 14. 5% compare with previously highest 9.4%)

If you can buy D&O with 5-6% profit margin at & half the revenue at RM1. 20, how, much you will value it with 20% production growth PA with ASP up by 400% - 900%?

Will paragon turn to a company Like JAG, price go up >100% within a month. JAG core business is recycle E & E component, extract the industriL waste & scraps metal like Alum, Cooper, Gold, Tin... Last wait & see..

Jjasonlim, sure it wouldn't be LU, i just point out that for the 1st listing day, the LU will, be 400% of reference price ( not 30c) eventhough wa price is below RM1.
30C /30% capped only in aplicable day 2 onward.

Normally mother Price will mobe up on or before warrant listed and after listing, and then retreat back, Like usual..

Son of Pmetal Boss,
Mr. Koon Hoi Chun is currently the substantial shareholder and Managing Director of Technovate Holdings Sdn Bhd, and through other companies that he owns, is involved in the waste management of industrial waste, which includes recycling and processing industrial waste and metal scraps into ingots, as well as in sale and marketing of the processed products and related products.

He graduated with a Bachelor of Art Degree in Business and Marketing from University of Central England Birmingham in 2001. Upon graduation, he joined Press Metal UK Ltd as a Sales and Marketing Executive, where he was in charge of the sales of aluminum scaffolding and ladders throughout the United Kingdom.

From 2003 to 2009, as Marketing Manager in PMB Marketing (HK) Ltd, a company franchising fashion brand from Spain, he was in charge of all promotional activities and advertising campaigns for stores located in China. From 2009 to 2015, as General Manager in PMB Marketing Sdn Bhd, he oversaw the expansion of another franchised fashion brand from Spain.

In 2015, he left PMB Marketing Sdn Bhd and co-founded and oversaw the operations of KTH Trading Sdn Bhd. The company focuses on collecting, sorting and cleaning industrial waste and metal scraps, namely aluminum and cooper and selling them to international markets in most ASEAN countries, Bangladesh and Africa region. On 1 January 2020, he ventured into the processing of the industrial waste and metal scraps into ingots, through Technovate Holdings Sdn Bhd.

Superpanda, for Tesla & Nio shares drop because of overvalue for it revenue (sales), but the overall EV car sales is increasing, Ford EV Mustang SUV has wipe out Tesla sales in American recently .. Others conventional car manufacturers are increasing the production in EV .Volvo, BMW, which demand for EV LED is increasing.

As for the reference price, its same theory,
When exercises price < mother shares, it oledi carry value ( in the price) so it must be reflected when listing, says if day before warrant listed, mother at 55c , warrant listing references price will be 55-38 =17c, and LU on 1st listing day can be 5x 17 c ( Not 30C but 400%) only the 2nd day the LU will be 30c if it price still< RM1

Dunningkruger, i also, learn from Kpower & Scib bonus shares & warrant process
1) treat warrant as right issue, when warrant exercise price is higher than mother share just before ex, liek kpower for exam, the mother share price will not be adjusted eg kpower pre ex price :
2.30x3 + 2.50 x1 .. So u can't adjust up the mother shares price.

For Scib, warrant exercise 1.77, <mother pre ex is 2.63 ( if not mistaken), so ex bonus warrant mother price adjusted to 2.63x2 +1.77x1 =2.34 .

Its very logic when u get warrant free 1.77, and its in the price because mother worth 2.63, u can just convert it can gain 2.63-1.77, a whoppy 86c,(if no adjustment to mother shares) but remember eps also diluted due to conversion (more mother shares), so it has to be adjusted to show fair for ex bonus warrant shares holder..

Thks collin64 for the correction..

If before Ex bonus wa, mother close at 65c, mother will adjust to 65x2 +38=168 /3 = 56 on ex date.
Wa listing price = 56 x2 +38 /3 = 150/3x =50.
50-38 =12c. .

If cytew is correct on the listing limit, wa reference price 2.22-1.77 =45c, giving 20% premium, 2.22x1.2 - 1.77 = 90c, so it would be a 100% increase from reference price. Which is equal to 2.22+45c( 1 wa for 2 shares) =2.67 pre bonus warrant price.

Sapodilla, pls read this.

https://www.hydro.com/en/aluminium/industries/automotive/

Warrant Reference price wll be mother price closing price prior warrant listing - exercise price. So if mother stay at 2.30 on monday, warrant reference price will be 2.30-1.77=53c
( may refer to JFtech warrant listing recently)


How much warrant value..
If 20% premium, 2.30x1.2 - 1.77 =99, there will be day 1 limit up. 53c +30c, 83c, 2nd day another 16c
If 30% premium 2.30x1.3 - 1.77 =1.22, there will be day 1 limit up 83, day 2 limit up 113..

Happy CNY, may Metal ox adding boost to Market and keep running non stop..

How much this tokenises debit card will boost Revenue reccurent profit?

https://www.klsescreener.com/v2/news/view/768427

Kpower re calculated before ex =.2.4x4 (mother + 1.33 x. 94 ( warrant) =9. 20 +1.25 =RM10.45.

tracylim，SC will fix the theoretical listing price for warrant as referencd price on the opening, from there, the market, buyer and seller take charge to justify how much it worth. Up or down..
If mother settle at 2.2, warrant easily worth 1.10.. With a Gearing of 2.

Mother price adjustment on ex date( 2.67x2 +1.77) /3 =2.37, let see how The warrant reference is determined on 12/2,
The reference price much afftected those new buyer of warrant higher reference price mean less upside gain..
For those entitle free warrant, we are concern more on mother price movement. It will determined how much warrant value
Rm2. 37 x1. 3(30% premium) - 1.77 =RM1.31.

https://www.google.com/search?client=ms-android-huawei-rev1&sxsrf=ALeKk00ULlERq6u-q6XYBkMYD-rYYfiPjw:1611936830745&q=Ex+date+and+entitlement+date+bonus+issue&sa=X&ved=2ahUKEwiJlcnRxMHuAhXoyzgGHapPA5sQ1QIwD3oECAkQAQ&biw=360&bih=654&dpr=3

Entitlement date refers to the physical transfer of ownership of the shares. What is more important for investors is the ex-date. As long as investors hold on until ex-date, any entitlement, be it bonus issue or dividend, the existing investor would still be eligible for the entitlement.
Scib ex bonus warrant 2/2/21, anyone hold till 2/2/21 will entitled for it, listing date yet to be announced.

Melvinlautt.. Read this

http://www.investsmartsc.my/the-risk/

If not mistake, Warrant reference price would be 2.59-1.77 =82c.

Mother RM3,, reference price for scib on ex date (3x2 +1.77) /3 = 2.59.
For warrant, 30% premium 2.59x1.3 - 1.77 = 1.597 /1.60.. Minus of the price adjustment (3-2.59 per shares =41 , 2 mother to 1 warrant, mean gain =1.6 -( 2x41) =79c.

On behalf of the Board, UOB Kay Hian wishes to announce that the Board had on 14 January 2021 ("Price-Fixing Date") resolved to fix the *exercise price of the Warrants at RM1.77 per Warrant* ("Exercise Price"). The Exercise Price represents a premium of approximately 29.65% to the 5-day VWAP of SCIB Shares of RM1.3652 per SCIB Share up to and including 13 January 2021, being the last trading day before the Price-Fixing Date ("LTD")

https://www.klsescreener.com/v2/news/view/781833

Last Qtr EPS 6.98c, annualised it around 28c,
RM8. 68 /28 =PE31..
This, is With Assumption no grow in production and ASP like last Qtr ....which is u likely..

apple168, 请问 Warren Buffet 现在最大的投资是那一间公司?
如果apple 没有了芯片，还可以给WB 带来什么回酬 ？

MICHEAL KWOK, U cant compare a Musang king retail seller earning when he become Musang King Plant owner , that the different between old Scib & new Scib under Boss Karim..
Old business selling Musang king, new business growing & taking care Musang king tree and wait for musang king to drop.

https://www.klsescreener.com/v2/news/view/782819
Kerjaya son, kerjaya property bought land from Sunsuria at Setapak 9000+ square meter for RM30Mil+ , who do you think will be the developer for the land..

Just a reminder, Unlike Kpower, scib mother will have price adjustment on ex bonus warrant date because warrant exercise price < mother shares.

https://m.youtube.com/watch?v=PvZW-oa7T28
Epf sapu

PMB Technology Bhd chief executive officer Koon Poh Ming speaking to reporters after the company's AGM yesterdayin Kuala Lumpur.

KUCHING: PMB Technology Bhd’s diversification into metallic silicon manufacturing in Sarawak has paid off as the new business has bolstered its bottom line significantly.

The group’s new metallic silicon plant under phase one in Samalaju Industrial Park, Bintulu had boosted the company’s manufacturing and trading segment revenue to RM160.8mil last year, rose significantly by RM102.4mil from RM58.4mil in 2018 since the plant started its commercial operation last March.

According to chief executive officer Koon Poh Ming (pic), the higher revenue drove the segment’s profit to RM19.5mil from RM3.6mil or up by RM15.9mil year-on-year.

PMB Technology invested some RM320mil under phase one of the plant, which has an annual production capacity of 36,000 tonnes.

The plant had doubled its capacity to 72,000 tonnes per annum with the recent completion of the phase two project, said Koon in the company’s filing with Bursa Malaysia.

PMB Technology has funded the plant mainly from the proceeds of about RM212.3mil from a rights issue (for phase one) and private placement II, which netted about RM100.5mil (phase two).

To focus its resources in metallic silicon business as part of the company’s growth strategy to expand its revenue stream, Koon noted that PMB Technology had exited from the trading of aluminium extrusion business in Peninsular Malaysia and Sabah via the disposal of four companies in December last year.The four companies, namely PMB Central Sdn Bhd, PMB Northern Sdn Bhd, PMB Eastern Sdn Bhd and PMB Aluminium Sabah Sdn Bhd, were sold to PMB (Klang) Sdn Bhd for about RM44.4mil in cash.

PMB Klang is a wholly-owned subsidiary of Press Metal Aluminium Holdings Bhd (Press Metal), which is the single largest shareholder of PMB Technology. Both companies have common directors.

Meanwhile, Press Metal, which is South-East Asia’s largest aluminium smelter with annual capacity of 760,000 tonnes per annum produced by its two plants in Samalaju Industrial Park and Mukah, is expected to meet its target commissioning of its third smelter in the fourth quarter 2020.

The third smelter, currently under construction, will raise the group’s total production capacity up by 42% to 1.08 million tonnes per annum.

On the current year prospects, Koon noted that the outbreak of the deadly Covid-19 coronavirus has sent dark clouds over the global economy, where the scale and magnitude of the damage has yet to be ascertained.

“The commodity prices and the ringgit along with the regional currencies will continue to be influenced by external factors. This is especially from the effect of the supply disruption in China resulted by the coronavirus outbreak.

“The current exchange rates and the prices of silicon metal are expected to be volatile in the near future, ” he said in the notes to the company’s annual financials recently.

Koon said the local economy is expected to sustain largely by government spending in the transportation, infrastructure and housing development sectors.

Gemfinder, for your info

https://www.klsescreener.com/v2/news/view/652600

For LU 2x (limit up) , at 30% premium on warrant , Kpower need to start at 2.40. But if 50% premium, kpower just need to stay at 2.15.

Take Kpower closing price at 2.45, 30% premium, warrant = 68.5C , 50% premium, RM1. 15.

What is a Warrant?
Warrants are a derivative that give the right, but not the obligation, to buy or sell a security—most commonly an equity—at a certain price before expiration. The price at which the underlying security can be bought or sold is referred to as the exercise price or strike price.

Advantages of Warrants
Let's look at an example that illustrates one potential benefit of warrants. Say that XYZ shares are currently quoted at $1.50 per share. At this price, an investor would need $1,500 to purchase 1,000 shares. However, if the investor opted to buy an XYX warrant (representing one share) that was priced at $0.50, he or she could possess 3,000 shares with the same capital.


Because warrant prices are typically low, the leverage and gearing they offer are typically high, generating potentially larger capital gains and losses. While it's common for share and warrant prices to move in tandem in absolute terms, the percentage gain or loss will vary significantly because of the initial price difference. Saying it another way, warrants tend to exaggerate the percentage change movement compared to the share price.

Another Example of Warrants
Let's look at another example to illustrate these points. Say that XYZ shares gain $0.30 from $1.50 and close at $1.80, generating a 20% gain. At the same time, the warrant gains $0.30, rising 60% from 0.50 to $0.80. In this example, the gearing factor is calculated by dividing the original share price by the original warrant price: $1.50 / $0.50 = 3. This denotes the general amount of financial leverage the warrant offers. The higher the number, the larger the potential for capital gains or losses

People crazy for Bonus, counter,, AMTEL, EITA. Shoot up everyday..

Today few counter with bonus (shares or warrant) & proposed bonus announcement are flying like no tomorrow, Jftech limit up as tomorrow ex for bonus warrant, AMTel, EiTA..

DATO KARIM INTERVIEW.. Bringing Serba Dinamik into 2021,
https://youtu.be/ZyyOGeHTVRY

Ron90, happyhigher.. Just listen to Karim interview 2021

Bringing Serba Dinamik into 2021,
https://youtu.be/ZyyOGeHTVRY

EPCC. O&G related biz only 40 % of Serba D biz..

Hope market give same valuation to SCIB as Kpower..