LOL, Mong Teng Teng Fatt Tatt.

LOL,
UNbelievable

LOL. What a bonanza.

LOL, got such thing as limit up for Tenaga or not???

LOL, this is just fantastico!!!!!!!!!!!!

Caely traded about 1.10 or thereabouts, when the warrants were listed. I think the warrants might have even gone to around 70cts ( I hv forgotten). But it was ok to have the price of Caely come down and this is in relation to the ex. price of .38 cts. In the case of CCK, the exercise price is .90cts and therefore the mother should not go below .90cts. Currently, the price of warrants is encouraging.

Just like in the case of Caely where that company gave free warrants with an ex price of .38 cts, the price of Caely now is .755 last traded while the warrant is .395 last traded.The sum of warrant and ex px gives the warrant a slight premium. The point is the .38cts is the crux.

It is for everyone's consumption.

Posted by Yu_and_Mee > Jun 26, 2018 11:39 AM | Report Abuse
ITelex6, that's the ideal situation. Not all warrants are "in the money" (in price).

The time decay of warrants has to be considered. In this case there is still 1818 days to go. At the same time the company gets the conversion of 90cts when the warrants are in the money wrt to the mother. It is important to know the meaning of the 90cts.

2023-06-18 expire
1818 = days to expiry

.90cts + warrant px = keep until mother price catches up.

Give some premium to the warrants. Therefore the mother in such a scenario has to go up. Maybe say 1.20 while the warrants are here because of time decay.

This share is very good for buying. If the warrant is at this level @ 30cts then the mother has got to go up. And who would convert if the mother goes below 90cts and therefore how does the company gets its funds? As it is, with the warrant at such a price, the mother has got to move upwards. The premium to hold the warrants cannot be this high if the mother stays at say, .925.

iTelex6 Janus, it is a matter of tolerance. Say, at 2.00 for e.g. and you've bot at 95cts your tolerance is very great. Nevertheless, I personally take a stop out like maybe 6 to 8%. This stk has an ex. px for warrants at 90cts and the company gets its funds when the warrants are converted. Pls read my opinion today at 8.12 am.as well as on 19/6. This stock has a wonderful track record of profit for the last 12 qtrs. with the last being a significant 12.411 million representing 172% over the corresponding qtr of last year. Whatever you do, put a stop loss at all times.

The price should go up elbrutus. Imagine the price as it is. The market will just toss the warrants to each other because the price protection just isn't enough. When the mkt converts to mum it pays 90cts which is then the actual fund the co. receives. Suppose the price of the mum is .95 cts; it would be quite crazy to attach 90cts for conversion if the warrants were 6 or 7 cts. or for that matter 3, 4 or 5 cts. However, if the mum price is for example, 1.50 and the warrants is at 45cts or 50cts, which is ' in the market', then it makes sense to take the risk. Otherwise to balance between conversion and warrant price is useless for this stock.

The company gets funds from the conversion of warrants @ 90cts to get the mother share. Therefore, it is hard to imagine the mother would go much lower.

The price of the mother must be above .90 otherwise it would be useless to hold/buy any warrants. To induce the market to convert, the price of the mother has got to move up or has an upward tendency to ensure some level of comfortability.

Syndicates, I guess it was bringing the ex- price to a meaningful 0.965. Thanks very much for sharing, Syndicates. It helped.

syndicates, thanks for the reply but (...) = .966666 or .97 but the ex px is .965

Can someone please show the calculation to get 0.965 ex-price? tq

how did they get 0.965 ex- price?

■ We arranged a meeting with MyEG’s MD and 20 buy side fund managers/analysts.
■ Management remains optimistic about MyEG’s prospects, especially the Philippines
JV and the e-bidding service for new car number plates.
■ MyEG has submitted a proposal to handle online registration of new foreign workers.
■ Maintain Add and TP of RM1.22, which offers 42.7% potential upside.

Cimb 11.June.2018. Looks to me like an Island reversal with a wedge breakout. Good upside.

Anybody knows how the ex-price is .965? Many thanks.

The recent events were stabilizing factors. Cimb on 4/6 expected Myeg to go back to 1.22 because it will be business as usual.
I think we should look for this higher equilibrium at the very least.
$3.03 on 30/3, $0.655 on 4/6 a diff. of $2.38. A fibonacci retrace of just 23.6% wud bring it close to 1.22.
A reasonable stop out of say below .735 should help the investor and trader hold.
Dow was up almost 350 pts.

https://www.thestar.com.my/business/business-news/2018/06/05/myeg-rebounds-from-share-sell-down/

this is the proper link.

I think it is going upwards to reach a more equilibrium level. It is a rebound and Hari Raya might prove to be a stimulus in the sense that if it does not fall which it isn't right now, just a week b4 Hari Raya, it might be that a higher level of equilibrium would be it.

I am guided by PE, ROE in a situation of low rsi. I am also guided by my posts on CIMB and the Star which I posted above. I post the Star below.

Posted by iTelex6 > Jun 5, 2018 03:35 PM | Report Abuse X

https://www.thestar.com.my/business/business-news/2018/06/05/myeg-rebo...

The stock had gone below rsi 20 and its PE is 11.54 while its ROE is 33.7.

rsi is only at 20.x..recommended buy

The rebound looks fierce.

https://www.thestar.com.my/business/business-news/2018/06/05/myeg-rebounds-from-share-sell-down/

This news is not a surprise
● The termination of the rehiring programme is not a surprise. The programme was
supposed to be terminated at end-2017 but we understand that it was extended to
end-Jun due to backlog cases. MyEG’s existing services, such as car road
tax/insurance renewal and foreign worker working permit/insurance renewal, are not
affected and remain “business as usual” for the company.

CIMB June 4 @ 4.24am : MYEG remains an Add. It is business as usual for the existing car road tax/ insurance and foreign permit/ insurance renewal services.

tp: 1.22

Will it hit above 1.16 this week?

I commend the stock market for welcoming the new Malaysian Govt. under Dr.M and the presence of the Team of Eminent Persons is proving to be of stature to the country especially in the economy. Syabas dan tahniah!

The calculation by hakubasnow has helped, I think. People would not get so frustrated as for e.g. me, who got fed up and sold everything. It was just an emotional act on my part. Otherwise, I think this stock is on an uptrend.

Many thanks hakubasnow.

That's great hakubasnow, but have you found out how they got ex-0.93 cts? I hv not got anywhere with it.

Any idea price adjusted to 0.93 cents? Pls show calculation. Many thanks.

I read it somewhere in analysts' reports.

Posted by ooihk899 > Jan 5, 2018 02:16 PM | Report Abuse

iTelex6, how do you know

'Its last qtr result seemed to have been contributed in a large part in Oct'?

Seems to have broken out of an ascending triangle and God knows when it will stop. RM25 might even be too conservative a target. Its last qtr result seemed to have been contributed in a large part in Oct and that is a very good performance. Everybody will be very pleased come the AGM on 11th and there will be a coming divd. for the year ending 31st July which is indicative. From now till the next reportable qtr there is nothing negative to prevent a price surge and the next year will be fantastic. At 43.01 million shares issued only, the sky is the limit for this stock. Recommended buy. Good luck.

Toyota eyes major boost in electric-powered vehicles 13-Dec
http://klse.i3investor.com/servlets/fdnews/243298.jsp

Malaysia targets 80pc EEV penetration by 2022 12-Dec
http://klse.i3investor.com/servlets/fdnews/243279.jsp

Cimb initiation article: EV = electric vehicles ( if I remember correctly )
have about 3 times more semiconductor devices => market is getting bigger.

Last Aug. Sept. business fell due to capex installation for biz expansion. Oct business kicked in and contributed to a 14% y-o-y increase in net profit which is the right comparison over q-o-q.

Good stuff.

Analysts are expecting capex to kick-in in 2018 FY.

PE is not high because of only 43.01 million outstanding shares.

ROE is ok but expect it to pick up across 15 which would then make is very investable.

Stock appears easily cornered. So what if it is RM30 by AGM time?

There will be bonus and splits to come.
14/12/2017 21:48

True, Cimb expects stronger earnings delivery. My comments are intended for an immediate push this Monday, meaning those who sold might be mistaken.

If the above are true then the market would run the stk up.

There will apparently be no par values. If so, then can expect a split too. hstha is therefore correct.

The above seems to be the new state of affairs in the Cos. Act.

Can anyone confirm that within 2 years, reserves in the share premium account has to be set out as bonuses or be capitalized? KESM apparently has substantial amount in the spa. If so then there will be a bonus galore.

Cimb research --->Stronger earnings delivery and higher dividend payout are potential catalysts---> maintains RM22 as target price

This goblin sells sarong, sell underwear and then next time buy songkok?

Congratulations Bilis Bilis! Onwards IFCAMSC!

BUY