meaning they have not done proper hedging ? or they are not suppose to buy back as market maker ?

today TNB went up as high as 7.75 , market maker bid to buy back for C2 max stagnant at 0.185....

if they continue to do like this, sooner the low premium calculated when you entered will be meaningless....

you mentioned by right it should worth more than 0.195 mah , so is the market maker queuing to buy back now? if the underlying keep surging but market maker just don't want to increase the bid price to buy with sufficient volume , is that a fair market making practice ? :)

even CIMB IB behave like this...

so you realize what the market maker is doing currently :) , never see never know

they just cannot afford to lose....lol

everything on bird flu now...walan le

kcchongnz, are you in already or just in look see look see mode? :)

police spy ?? clueless , what is that for? :)

thanks again :) , you should talk more on stocks with kcchongnz , he is very lonely

what stocks you are picking up, mind to share with us? :) thank you in advance first, lol

kcloh, long time no see. i thought you mia already....

i know how contractor communicate, so no worry on me :)

you really so free 24/7 see you around,lol

:), so many people dap toi here already....mana pergi anbz ?

lol, it create more confusion now :)

iafx, relax la , kcchongnz just joking only la. you cannot read his statement directly :)

actually did you 2 really find out the cause of your quarrel ? it all started with a word " faith" , lol

lol, now i see this cunning contractor try to drag me into the quarrel... :)

not good not good

sorry ar, just couldn't stop myself from recalling 1.09 figure. lol , kikikikiki

lol, roti canai, roti cappati & tosei....

actually if you don't hold it until expiry, all those premium, exercise ratio & exercise price actually meaningless :)

unless if you are intending to hold it until expiry, then you really need to look at it carefully :)

for me, i usually don't hold until expiry - holding period as short as few minute to less than a month.

as long as the premium range fall within acceptable range, sufficient lifespan > 6 months ( at least some time to wait for rebound to cut loss, if the pick fails miserably ),

the final decision - the unit price of the CWs

why not the lowest premium ? if the market maker not a fair type, no matter how low the premium advantage you get, you will get screw up if they don't queue to buy & sell fairly with sufficient volume. The reputation of the market market counts ! hence, as long as it fall withing acceptable range, it is ok ( <10% )


if you compare CX, C2 & C3, all 3 are from CIMB IB, premium all within acceptable range, gearing almost similar, the price all closed above 0.15 ( in money ), which one will you pick to enjoy the short ride? the one with the heaviest cost or the one with lowest cost knowing that you won't hold until expiry ? any tendency to go for C2 :) ?

CX 0.195 6.80 5 30/08/2013 2.6% 7.8
C2 0.185 6.90 5 31/12/2013 3.2% 8.2
C3 0.230 7.10 4 31/03/2014 5.8% 8.2

it a relief to know that, i thought i got cheated - sweating just now

but really, if you know any new clones or seeds that can produce good harvest after 3rd year planting, please share here. It will be good to know it

actually 3rd year trees fruit harvest not very significant to my understanding. 5th year onward, the harvest will be significant.

anbz so shiok with MKLand....

I come here "dap toi" a bit :)

I'm going for C2.

Theoretical gearing for C2 & C3 almost similar but a unit price of C2 is cheaper than a unit price of C3. C2 got more advantage over C3

Expiry date - even though C3 has longer expiry than C2, in my opinion, it doesn't give any advantage to C3 because most of the time, trader don't hold CW until expiry.With > 6 months life span, you can play a few rounds safely already. Anything comparison for the lifespan more than that is meaningless because there will always be a new CW being issued by market maker down the road.

Option pricing - I don't use this one for comparison :)

Hence, I'll go for C2. That's for picking the best CW to punt among the all available Tenaga CWs. The pick will however be meaningless if mother share don't move :)

But, 1 good indication the punt should be ok at this moment, out of the 6 available CWs, 4 of the CWs price actually closed above 0.15 :). Meaning = the underlying is obviously on the up trend cycle.

getting serious at China ....

sold at 1.09 ?:)....kikikikikiki

KPJ-CJ

Maturity Date:29/11/2013
Exercise/Strike/Conversion Price:MYR 6.0000
Exercise/ Conversion Ratio=5 : 1

TENAGA-C2

Maturity Date:31/12/2013
Exercise/Strike/Conversion Price:MYR 6.9000
Exercise/ Conversion Ratio=5 : 1

Maturity Date:31/03/2014
Exercise/Strike/Conversion Price:MYR 3.7500
Exercise/ Conversion Ratio = 3 : 1
Premium (Discount) : 4.44%
Gearing: 6.5 times

in the watchlist

lol, the jokes by anbz.....

too long waiting time, no choice but to say goodbye

play warrant must know how to take profit

not everyone like to fight

aiya, make some friend cannot me?

they are flagging you le...

lol, not my hobby to disturb people :)

are you sure? :)

if you keep on guessing like that, sooner or later sure kena la.

none of it la, non of the 3. i thought "no" is sufficient....walao le, what answer u expect ?:)

do i really sound like one?

tommylou, just go back use ur original nick, very weird you know :)

getting close with his guess

sorry ya, need to make you become the story teller for me today :)

life so so la :) not complaining. everyday is a new learning day only

they really keep silent....

actually what is the respond of the BN on this so far?

just wanna know the court reason for not accepting the statement as evidence

i listen to your side of story so far, how does BN responded ? they definitely got their version of story, what is their story ?

any reason given by court for not accepting the evidence ?

wait, story yet finish...complete it

sorry ar, a bit slow. so finally PR relate this to that guy ?

this custom record is related to what? the C4?

agree with the order must come from high ranking officer

what is the PR argument on the story actually, mind to share the whole story? sorry, i didn't follow this politic story closely last time, not of my interest that time but i would like to know now :)

what happen if the 2 purposely say someone ordered them to kill, how to do away with this possibility ? by just having no reason to kill & C4 involvement can eliminate the possibility ?