It could be another noble lesson for newbies after Rsawit, Jtiasa, Mudajaya n Xinquan episodes.

Many projects has been delayed for launching. No visible revenue from year 2016 onward. Following the completion of Elements@Ampang, the company has only one on-going project, Damanasara Foresta Phase 1, to be completed by 2015. This project was launched in 2012 with GDV about RM 700 million. We don't know the amount of unbilled sales until now.

EPS slumped to 0.76 cents per share after taken into account the latest paid up capital of 1.058 billion shares.

Notes: " Share capital: During the financial period ended 31 December 2014, the issued and paid-up share capital of the Company increased from 635,523,930 ordinary shares of RM0.20 each to 1,058,953,616 ordinary shares of RM0.20 each by the issuance of 423,429,686 new ordinary shares of RM0.20 each pursuant to the conversion of 423,429,686 ICULS into 423,429,686 new ordinary shares of RM0.20 each following the receipt of cash proceeds of RM55,045,859."

If both RM against USD and JPY stays at current level on 28 Feb 15, Tenaga may suffer foreign exchange loss RM 400 million in its foreign currency loan.

It could be a good time to hold the put warrant now. The chances of making fast money is much higher provided you are able to take the mental pressure in next 2 days.

FF has disposed RM 7.2 billion of equities since Sept 2014 and KLCI dropped 140 points. FF purchased equities worth RM 33.8 billion from 2010 to 2013. They got plenty of funds to dump the market. I want to see how FF would crush the confidence of the market in coming months.

If I am not mistaken, EPF and Amanah have pumped in more than RM 3 billion in local KLCI index counters since Nov 2014. Many companies will announce their lacklustre earnings next month. Let's see how our local funds defend the selling pressure from FF.

Trap those people enjoy playing rebound game and don't know when to cut loss. It's hard to get rid of gambling.

Short life rebound of the big cap ie Maybank, Genting, PBB. The main support is relying on Tenaga. It provides a golden opportunity for FF to take profit. Malaysia has nothing to shout about at this time. There's no better reason for FF keeps staying in Bursa this year.

SOP2. I believe in market cycle of the economy. It's worthwhile to time the market by taking advantage short term fluctuation in market prices. After going through bull and bear market since 1997, I respect the cycle and it's part of our life. I want to be more proactive in response to the cycle.

I believe in doing sufficient homework to back our decision on the timing of market.
FF bought more than RM 20 billion worth of shares during the bull run between 2010 to 2012. It's very reasonable for them to pocket profit now. I am just a small potato and I can enter and exit market easily. I don't want to be part of the hero team to support the market during downturn. Let's see what would happen to the market in the next 6 months. Wakaka.

Foreign funds has disposed RM 2 billion worth of shares since 2 Jan 15. Will FF continue to exit local market? kikiki

Timing is a very important task to foreign funds. When economy is foreseen not doing well in near future, they are the first running away. You see the facts.. FF are fleeing Bursa like no tomorrow since Sept 2014.

One of the reason could be they were expecting more socai to join the boat to buy at higher price. Who know..CIMB get in to spoil the dream.

Sky is the limit. They are too lazy to issue another put warrant same with HG at another name call HK.

This HG commands highest premium among all put warrants. Intrinsic value 8.1 cents and break-even price at KLCI 1640 points. If I were CIMB, I would have issued additional 200 million put warrants to exploit this opportunity. kikiki

KLCI Futures could be the best option available to hedge the portfolio. It just costs a small amount of trading fees. The problem is how much pressure can we take in this volatile market. I trade both Futures and put warrant that making me more comfortable. Some Put warrants premium are extremely high especially HG, HJ. It doesn't really worthwhile to hedge a portfolio.

Stock? Now, it's the bull run for put warrants and KLCI (short). wakaka

Break-even-points of put warrant:

- HG 1620 points

Break-even-points of put warrant:

- HB 1633 points
- HC 1668 points
- HD 1684 points
- HE 1664 points

HB is overhyped now. Punters may move to HC, HD & HE.

Bear trend resumed today. Sitting tight to collect windfall profit in the next few days.

No guarantee of cash value on the expiry date. Theoretically, the intrinsic value raises 0.5 cents for every point drop in KLCI. It's a high risks high gain instrument and premium stays at high side for put warrant.

Mr. Tan. Thank you for your hard work.

Leno's performance beats most fund managers. He was able to achieve CAGR of 22.3%. He can turned RM 1 into Rm 11 over 12 years. Unbelievable.

Icon8888. This put warrant should be able to generate 100% returns when klci drops by 90 points. Wakaka.

I want to join too.

FBMKLCI-HE - 100%

I have never bought an IPO shares. It's very common the price of share has been maximized or overhyped before IPO taking place. What the substantial shareholders do is squeezed the accountant/consultant to come out creative ways. They will do a lot of patching, hiding, touching-up, everything to makes accounts looks great. kikiki

I am looking at bigger picture to pocket profit above 50% in year 2016. It doesn't matter for me to earn a peanut interest from the FD. I'm willing to pay for the opportunity costs. Wakaka.

It's considered very cheap when they average down from the stakes bought few years ago. Kikiki

Who do you think you are? Nobody is able predict the market movement. We are long term investors........There are too many reasons for staying in the market. It's not easy to get rid of opium addiction lor. Kikiki

There are many types of structure warrant,ETF, Futures & etc. It depends on how you exploit the opportunity available in either bull or bear market.

Trade for fun through betting a rebound. kikiki

Optimus.. Who teach him a lesson for ignoring the facts and fundmental of the company and being arrogant? Mr. Market is very fair one. Kikiki

If I am not mistaken, FBMKLCI-HE would provide a balance between risks and rewards. When KLCI drop below 1,600, the rewards from this put warrant is higher than Futures.

Optimuss got his points in trading futures rather than picking FBMKLCI-HB at this moment. At this price FBMKLCI-HB premium is actually rather high. Risks and rewards is not justified unless market mispricing due to heavy speculation. In fact, we can comparing the returns between Futures and FBMKLCI-HB if KLCI drop to 1600 .

Optimuss. Don't be pessimistic la. You know Chinese word of " crisis ".

Funds have been manipulating KLCI so that they are able to sell second liners at higher prices.

Without the support of crude oil, CPO and timber Msia has nothing to shout about.

Optimuss. I understand Foreign funds is not big enough but they are able to create sell down crashing confidence of the other investors. They would probably work together with rating agency to make a havoc to the market.

Optimuss. I am interested to see how our KLCI index counters perform after announcing quarterly earnings in the next 6 months. I believe that foreign funds are rational in making their investment decisions. They should have enough resources to do plenty of research to minimise systematic risks.

EPF is only interested to top up more in Tenaga, Axiata, IHH, TM, SKPetrol, Misc, Ioicorp & UMW in the past one month.

Icon8888. IOI property had been replaced by KLCC.

Optimuss. Don't be too optimistic over KLCI. There are many counters traded above PER 20 times even though its earnings trending downward consecutively in the past few quarters. In average, KLCI trades slightly above PER 16 times. If you take a full analysis of 30 counters, you may understand more of our situation. wakaka.

I buy SKpetrol only when the crude oil price drop below US 50bb. kikiki

Leno. Your explanation of oil crude oil crashed is really easy to understand. Those pros claimed the crash was cause by conspiracy theory, supply and demand, political la,...It was so confusing to a layman. wakaka

Leno rules:

Rule no. 1. Protect capital ( BCCA )
Rule no. 2. Don't forget rule no. 1.

That's the risk that I am willing to take. No harm taking a small portion of profit to place on the table.

Leno. I bet put warrant since you are cocksure market going to doom. wakaka

Bet for a rebound.