Ah maybe they press the price down so that they don't have to pay out anything and when the price goes back to normal after expiration date they then sell it on the open market.

I believe that when the issuer (OSK & Ambank etc) issues the call warrant, it is good for the counter because :- (1) they would have hedged the share say in this case collecting them at say RM1.10.
(a) if share price of JCY on expiry date is 80sen, then profit is nil (RM1.10 - 80sen - 15sen x 2). Anything above this amount is all pure profit up to RM1.22. If price is RM1.22 or above profit is 42 sen per share. (2 x 15sen + share profit) as they do not have to pay out anything or sell the above shares and give the money to you if it is above RM1.22. So I see no reason they have to press down the price 5 days before expiration date as it make no difference to them. In fact if the price is below 80 sen then they lose money.
(b) having bought the shares, the supply is reduced so it is good for the share price. (remember supply goes down, price goes up)
(c) usually they will issue cw where the company can pay dividend as these dividends goes to them and not to the cw holders (I think only)
(d) must be stable or growth companies because if the share price goes below 80 sen in this case, they lose money. Just my 2 sen worth of thought. Correct me if I am wrong. Thanks in advance.

Welcome back to the market. Adding some liquidity and most important is that some TA's investor are coming back into the market which could be a positive sign. Good luck.

Welcome back.

Of course from us employees and employers (11% + 13% of gross wages excluding OT) ha ha ha

Trader Hub .. I remember I did made some correction and later sold all with about a RM1,000 + loss. I cannot find it now as this only goes back to Feb. 2012. anyway not doing anything as far as buying is concerned. May come back at a later stage cos the index ia still quite high. Good luck and thanks.

taiong59 - it is correct. But I am only asking if there is any connection between the two.

Limit up now at RM1.10. Any connection with Euro also coming up fast.

In order to proof to us and be fair to your tratles, would you be kind enough to post all trades and opinions say after 1-2 months had lapsed so that we can judge for ourselves. Many thanks anyway.

I heard it on the radio that is very applicable here :-
Wise men have SOMETHING TO SAY but FOOLS HAVE TO SAY SOMETHING.
Making a fool of herself only.

A lot of politicians can say/promise alot of things and do very little. A very few of them say little but do a lot. I really don't listen to what they say but see with my eyes. Just my humble opinion.

Becareful of those PUT warrants with the suffix H*

KUALA LUMPUR: The DRB-HICOM Bhd put warrant, namely the DRBHCOM-HA, is a poison pill warrant, as "clueless" investors have been showing interest on the put warrant not knowing that they will only make money from the said warrant if the mother share goes down closer to the RM2.00 mark.

Analysts were puzzled by the continuous interest in DRBHCOM-HA, put warrants issued by AmInvestment Bank Bhd on June 30 2011, and will be expiring end of this month.

"This may be simply because of investors' lack of awareness and understanding on how a put warrant works," said an analyst from a brokerage.

Currently, the more commonly issued warrants are the call warrants. Call warrants give the holder the right, but not the obligation, to buy a mother share at a pre-determined price (or commonly known as the strike price or the exercise price) by the contracted date.

In contrast, put warrants give the holders the right to SELL the mother share at a pre-determined price.

Simply put, an investor can make money on a call warrant if the mother share exceeds a certain price, while investors can make money on a put warrant if the mother share goes below a certain price.

In DRBHCOM-HA's case, investors who bought the put warrants at 6 sen each would need the DRB-HICOM mother share to fall to RM2.12 just to break even, and RM2.11 or below in order to make money when the warrant expires (exercise price for the DRBHCOM-HA is RM2.30, with a conversion rate of 3:1). At last Friday's closing price, the mother share was traded at a 29.3 per cent premium on its put warrant.

DRBHCOM-HA closed unchanged for the past four trading days at 6 sen, with more than 70 million warrants changing hands. So far this year, the warrants have depreciated by 40 per cent from 10 sen early this year.

Currently, there are 100 million DRBHCOM-HA put warrants issued.

However, based on analysts' feedback, it appears that it is unlikely that the mother shares will fall close to the RM2 mark. RHB Investment Bank, in its recent report, upgraded its recommendation on DRB-HICOM to outperform with a target price of RM3.45 while CIMB Investment Bank has a target price of RM4.60.
A look at the five research reports issued this year revealed that target prices are between RM2.90 and RM4.60.

Interestingly, the securities were suspended by AmInvestment last Monday at 2.31pm, and trading of the securities resumed 9.00am a day later. Investors remained puzzled on why the securities were suspended.

At press time, AmInvestment did not reply to Business Times query on why it suspended the put warrants.

Besides DRB-HICOM's put warrants, there are also six other put warrants in the stock exchange - Hong Leong Bank Bhd's HLBANK-HA, Dialog Group Bhd's DIALOG-HA, Malaysia Marine and Heavy Engineering Holdings Bhd's MHB-HA, Petronas Chemical Bhd's PCHEM-HA, Pos Malaysia Bhd's POS-HA and YTL Group Bhd's YTL-HA.

All these put warrants were issued by AmInvestment. Most of them will be expiring by end of this month, while the rest (HLBANK-HA and YTL-HA) will be expiring on April 18.

Read more: Interest in DRB-HICOM put warrants puzzles analysts http://www.btimes.com.my/Current_News/BTIMES/articles/drbput/Article/index_html#ixzz1lqwJl8ZN

Calm down my friend. I know how you feel right now. Dont be so angry this is only the beginning of the year still a long way to go. We all appreciate all those good posting whereby a lot of research and time is spent before posting for the benefit of the forumers. Thanks again and looking to more posting from your goodself. Shall keep a close watch on this counter. Goodluck.

Thanks lamken. Maybe what I had missed something he wrote earlier which was deleted? I only saw the link to the sec website which was also posted by cpteh.

Not intended to offend anybody. To loss money in the market or on horse is our own fault for not doing enough research etc but to be conned or manipulated is something else. How would you like to lose your bet just to see the jockey jumped down from your winning horse.

Please dont be too harsh on Mancon. I believe he is not a conman. He is trying to warn us to be careful when trading and not get carried away. Maybe he should open a new open topic so as not to get the wrong impression that he is trying imply something. Cheers and good luck in your JCY.

Thank alot for your info.

Thanks for your info. Hoped we all huat together. Happy and prosperous new year.
This year is good 'leng'
Stock market is very 'geng'

BE HAPPY
BE LUCKY
BE HEALTHY
BE WEALTHY
LONGIVITY
BE MERRY (DONT DRINK TOO MUCH)
BE PRETTY (FOR LADIES)
DON'T BE GREEDY
CHEERS. HAPPY NEW YEAR.

In order to get a truer figure, you may enquire around to see how much we need to pay to cover the above or similar insurance.
Then add this to the interest received yearly as our income received per year. Take 150,260 / income * 100 = % return.
Wishing everyone a Happy, Prosperous and Healthy Chinese New Year.

Trying to explain the above.
investment = 6yr x 57600 = 345,600
capital return = 345600 / 46 yrs = 7513
Interest received per yr = 11500 - 7513 = 3987

In yr 1, investment = 57600 - 7513 = 50087
in yr 2 investment = 50087 + 50087 (yr 1 investment)= 100174
in yr 3 investment = 50087 x 3 = 150261
in yr 4 investment = 50087 x 4 = 200348
in yr 5 investment = 50087 x 5 = 250435
in yr 6 investment = 50087 x 6 = 300522
in yr 7 investment = 300522 - 7513 = 293009
in yr 8 unvestment = 293009 - 7513 = 285496
and so on to yr 46. If we total the investment from yr 1 to 46 and divide by 46 we get the average investment as follows =

6911955 / 46 = 150,260
150,260 / 3987 = 2.65% return per yr

A B C D=A+B-C E F=E - C
yr BAL B/F BANK IN cap ret balance c/f AMT RECD interest

1 - 57,600 7,515 50,085 11,500 3,985
2 50,085 57,600 7,513 100,172 11,500 3,987
3 100,172 57,600 7,513 150,259 11,500 3,987
4 150,259 57,600 7,513 200,346 11,500 3,987
5 200,346 57,600 7,513 250,433 11,500 3,987
6 250,433 57,600 7,513 300,520 11,500 3,987
7 300,520 - 7,513 293,007 11,500 3,987
8 293,007 - 7,513 285,494 11,500 3,987
9 285,494 - 7,513 277,981 11,500 3,987
10 277,981 - 7,513 270,468 11,500 3,987
11 270,468 - 7,513 262,955 11,500 3,987
12 262,955 - 7,513 255,442 11,500 3,987
13 255,442 - 7,513 247,929 11,500 3,987
14 247,929 - 7,513 240,416 11,500 3,987
15 240,416 - 7,513 232,903 11,500 3,987
16 232,903 - 7,513 225,390 11,500 3,987
17 225,390 - 7,513 217,877 11,500 3,987
18 217,877 - 7,513 210,364 11,500 3,987
19 210,364 - 7,513 202,851 11,500 3,987
20 202,851 - 7,513 195,338 11,500 3,987
21 195,338 - 7,513 187,825 11,500 3,987
22 187,825 - 7,513 180,312 11,500 3,987
23 180,312 - 7,513 172,799 11,500 3,987
24 172,799 - 7,513 165,286 11,500 3,987
25 165,286 - 7,513 157,773 11,500 3,987
26 157,773 - 7,513 150,260 11,500 3,987
27 150,260 - 7,513 142,747 11,500 3,987
28 142,747 - 7,513 135,234 11,500 3,987
29 135,234 - 7,513 127,721 11,500 3,987
30 127,721 - 7,513 120,208 11,500 3,987
31 120,208 - 7,513 112,695 11,500 3,987
32 112,695 - 7,513 105,182 11,500 3,987
33 105,182 - 7,513 97,669 11,500 3,987
34 97,669 - 7,513 90,156 11,500 3,987
35 90,156 - 7,513 82,643 11,500 3,987
36 82,643 - 7,513 75,130 11,500 3,987
37 75,130 - 7,513 67,617 11,500 3,987
38 67,617 - 7,513 60,104 11,500 3,987
39 60,104 - 7,513 52,591 11,500 3,987
40 52,591 - 7,513 45,078 11,500 3,987
41 45,078 - 7,513 37,565 11,500 3,987
42 37,565 - 7,513 30,052 11,500 3,987
43 30,052 - 7,513 22,539 11,500 3,987
44 22,539 - 7,513 15,026 11,500 3,987
45 15,026 - 7,513 7,513 11,500 3,987
46 7,513 - 7,513 - 11,500 3,987

6,911,955 345,600 345,600 529,000 183,400
6,911,955
46
150,260 3,987
0.0265

Just a layman's point of view assuming that all goes well and your return is 2.65% per annum for 46 years as follows :-
year col,A col B. col C D=A+B+C col E F= E-C
Bal b/f bank in cap. ret bal. c/f amt recd interest
1 0 57600 7515 50085 11500 3985
2 50085 57600 7513 100172 11500 3987
3 100172 57600 7513 150259 11500 3987
4 150259 57600 7513 200346 11500 3987
5 200346 57600 7513 250433 11500 3987
6 250433 57600 7513 300520 11500 3987
7 300520 7513 293007 11500 3987
8 293007 7513 285494 11500 3987
9 285494 7513 277981 11500 3987
10 277981 7513 270468 11500 3987
11 270468 7513 262955 11500 3987
12 262955 7513 255442 11500 3987
13 255442 7513 247929 11500 3987
14 247929 7513 240416 11500 3987
15 240416 7513 232903 11500 3987
16 232903 7513 225390 11500 3987
17 255390 7513 217877 11500 3987
18 217877 7513 210364 11500 3987
19 210364 7513 202851 11500 3987
20 202851 7513 195338 11500 3987
21 195338 7513 187825 11500 3987
22 187825 7513 180312 11500 3987
23 180312 7513 172799 11500 3987
24 172799 7513 165286 11500 3987
25 165286 7513 157773 11500 3987
26 157773 7513 150260 11500 3987
27 150260 7513 142747 11500 3987
28 142747 7513 135234 11500 3987
29 135234 7513 127721 11500 3987
30 127721 7513 120208 11500 3987
31 120208 7513 112695 11500 3987
32 112695 7513 105182 11500 3987
33 105182 7513 97669 11500 3987
34 97669 7513 90156 11500 3987
35 90156 7513 82643 11500 3987
36 82643 7513 75130 11500 3987
37 75130 7513 67617 11500 3987
38 67617 7513 60104 11500 3987
39 60104 7513 52591 11500 3987
40 52591 7513 45078 11500 3987
41 45078 7513 37565 11500 3987
42 37565 7513 30052 11500 3987
43 30052 7513 22539 11500 3987
44 22539 7513 15026 11500 3987
45 15026 7513 7513 11500 3987
46 7513 7513 0 11500 3987
tot 6911955 345600 345600 6911955 529000 183400

ave. amount inested per yr = 6911955 / 46 = 150,260
interest received per yr = 3987
therefore return per yr = 2.65 % + insurance cover.

I don't know whether the above is correct? Not taking into account the value of money as years goes by. That is what it is the RM11500 you are going to receive in 46 years time. Cheers.
Happy and prosperou Chinese New year everybody.

Happy New Year to you and your tratles and all those who read your posts. I must say that I do enjoy reading your posts, advise and guide. I know that there are lots of methods on how to trade in the market and yours is one of them. I know that my friend won more than me from the market by buying good fundamental shares and keep them for months. It does not mean that I have to follow him because it does not suit me as I like to trade rather than hold for months. So if a person had won much more than you percentage wise etc it does not mean that your method is no good. It is meant for a more conservative investor. As long as you are satisfied with the return from your trading method then it is good enough. Cheers.
Your must be wondering why I am writing this. Well I had just read your blog and wish to let you know that a lot of people do like your method.

wah bet so much. what about your son? I'll bet with my chicken and dogs only.

More like a junk collector rather than an antique collector. Usually this junk stock goes down value, ask for more money via rights issue etc or worse just died (delisted)

yes ride the bull and run away from the bear. Now lets ride together. Have been waiting for the word go these few days.

It is easy to find cpteh. Go to the article "learning is a process" then click "read article in this blog" at the top right hand corner.

In all gambling eg horse racing, numbers. lottery. cards. casino, shares (speculative type) the odds is always on the bankers side never on the players/punters side. So we usually ends up the loser paying for their gains, expenses, taxes etc. If they cheat us we die earlier so we got to be extra careful or go for those with good fundamental or pays good dividends.

Should be as its name is Ho Seng Lee in hokkien

ANDY118 : MY 2 SEN EXPERIENCE

Friends take it easy
Unlike me
your're still young
and got lots to learn

Look a me
I'm getting old
Lots of worry
But I'm happy

I was once like you are now
Very young and foolish
Bullish and aggressive
Until funds all vanish

Now older and wiser
can become an 'adviser'
market getting rougher
wait for summer

Market taking a dive
Dont wanna die
Run and hide
Wait for next hike

Just my worthless advice 'cos nothing much to contribute without knowledge of TA or FA but from other people's blogs. Good luck.

sorry, just joking.

cp did not answer his question because he haven't paid his tuition fees yet RM300. try stockcharts.com

I am no expert but I'll try. A) 1 right = 1 tmcl @30sen + 2 free wars. b) war. conversion is 1 for 1 tmcl @ 40sen c) since the war. is out of the money i.e conversion 40s is higher than the mother sh (tmcl = 33.5s)we assume that on listing the war. is quoted at 5 sen. d) therefore your rights share is worth 33.5sen + 5 + 5 - 30sen = 13.5 sen (because if you subscribe for tmcl at 30 sen you will get 1 tmcl + 2 wars. e) since tmcl right is quoted at 22.5 sen then they value the warr at 9.5 each and tmcl at 33.5 sen. Of course when the price of tmcl or right changes then the value of your warrant changes. If you think that the warrant will be lower then you will be better off selling the rights but if they push tmcl higher then the cost of your warrant is lower. I hoped that I am correct and please correct me if I am worng. Good luck

We all lose some of the time but hopefully we learn from our past. If you keep on losing, then you better follow some of the good advisers here like Alex Lu & cpteh and other who you think is giving good advice with explaination to support their opinion. At the moment the stock is getting cheaper but it may be like catching a falling knife.

Or if they got burnt in the stock market, they may have to liquidate the property to finance the stock or not more funds to speculate in teh stock market or maybe got scared. We are not like the european/american funds who will pick something else to invest like gold etc.

If our stock market comes down badly, then our property definitely will also come down. Most players who speculate on the stock also plays the property market. This is only my opinion.

got burnt so many times they must be made of plastic.

I dont know what the real purpose is but I am sure the one laughing all the way to the bank is him. So now he say goodbye (good buy) as far as he is concerned.

FROM RM20,000 TO RM50,000 (PART 2)
13.11.11 Cnouhua buy 30000 @ 31.5 = 9506 sold 21.11.11 @30.5 = 9095 (loss of RM412)
13.11.11 Khee San buy 20000 @ 46 = 9255 sold 21.11.11 @ 43.5 = 8648 (loss of RM607) total loss RM1019
sorry for the earlier error on khee san. After much consideration I have decided to cut loss and wait for the opportunity.

wah so brave ah. play wih tiger. Very dangerous so be very careful.

DONT BE A MONKEY
I came across this article in this website regarding some advise on trading. It may help you in your trading. I do not know how to post it here but you can access it by clicking below Other Sites - United States

sorry. error should read : sell by T3

I think the way Harvest was designated is too harsh. (1) it should not be suspended one day before designation. or at least give back the one day to the investors ie t1 becomes t2 etc (2) all those who had bought these shares should be allowed to see by T3. Don't kill the hen that lays the golden eggs. If everyone is like you and me who checks the fundamentals, chart analysis, read this website etc before investing and no speculating then the market will be very dull. How are they going to answer to the shareholders of Bursa Malaysia Bhd when their profits are also dull with small or no growth. (3) whether there will be buyers or not is another matter. At least they do not feel cheated by changing the rules midway.

Anyway good luck on your tcubes. See how it goes tomorrow. Anyway there is still one relation of Najib you had overlook. It is CIMB.

Thanks for your info. Read your thing with uncle sam. Sad to say that in every forum there is 1 such person in a million. So since you have got one, then there must be a million readers on your side. (maybe not 1 million then 100,000 readers. Cheers.

andy118 = from rm20,000 to rm 100,000
1) period from 13.11.11 to 31.12.2012
2) brokerage etc assume 0.6%
3) for my own record purposes only
4) to see how discipline I am (compared to my actual results)
5) not intended for you to follow
6) only follow at your own risk
buy 30,000 Cnouhua sh @ 31.5 sen = rm9,507
buy 20,000 Khee san sh @ 41sen = rm8,249

I am a straight forward guy, so my answer is RM50