@kcchongnz

1) It is not about getting it cheap. you get cheap, it might go cheaper. When I mentioned crowd/public are bullish - I literally means the underlying is moving at correct direction - TA guy know well when the crowd is bullish. Deploying the value investing strategy - buy & hold for SW & WA trading might not work well. In most of my cases, it were proven to be fatal. As you are aware, time value depreciates over time. In my opinion, if the crowd are not ready, just put on hold the intention to get it cheap - I think MC might understand what I'm trying to say here after what he went through. I think he just walked through the path I took few years ago....luckily he is still standing & alive. Hence, I'm still in my opinion, crowd is bullish is essential.

2) I do not deny that, however we can minimize the risk by monitoring the share purchase progress from daily disclosure. Best is, get out before the thing get concluded / announcement is made....this environment always generate quick bucks most of the time.

3) I'm not well verse in this either, that why I'm putting it aside even though i read it somewhere.

On the parameters, I'm not saying it is not important, just it should come as second priority after the conditions precedent to be met - environments (1) & (2)

On your next post on playing field not level - know only you aware of that ? I thought you already experienced that when you went into battle ground at some Tenaga-CW issued by CIMB many moons ago?

hmmn...I'm trying to say that warrant traders are not gamblers for both SW & company warrant. Coz gambling to my understanding, you leave everything to luck, but in warrant trading, it is not purely on luck.

I enter battlefield to make money, if i'm ain't making money, I'll make sure I gained some invaluable information from the fallen fights.

The following environments should be created before we go into the battlefield in my opinion :-

1) the crowd / public are bullish on the underlying, not when warrant trader are bullish on the underlying or analysts are bullish on underlying.

2) speculation elements are present - hostile takeover, corporate exercise, some speculated reason might cause the underlying to move higher or theme play, etc

3) hedging are require (hardly in use locally, usually for put warrant), so we just leave this aside.

At the time when we discussed about the TM-CU, non of the above environments exist for TM underlying, hence I'm in my opinion, the battle should not take place at the first place.

Those parameters/Greek should only come in as secondary screening after the above conditions are satisfy. Coz those parameters / Greeks will determine which battle ground where all the warriors will gather to fight. You want liquidity, you get your liquidity there. Even if you don't get your liquidity, your chances against market maker is higher as chances for underlying to move is higher if conditions (1) & (2) are present( exception for AM Bank IB - SW, this "chow ka" market maker are notorious to reduce the premium base from over 30% to below 10% even when underlying move significantly )

If the parameters / Greeks are good without the above conditions - it is a meaningless battle to me - that is purely gambling / depending on luck

If there is one & only battleground, when condition (1) & (2) are created....does the parameters still important ? I'm not sure if you ever observe this playing field behavior...it is something worth to observe.

If you checked back all the fallen battles , they share something in common. Knowing the existing failed attempts = preventing similar outcome in the future. We should share more fallen attempts here.

So in your opinion , warrant trader = gambling? :)

The battle for TM-CU is lost, what can you conclude from this pick? Any post mortem analysis from your side?

I can conclude one = highly geared CW might not be winning pick, some important elements are missing

it is a K.O in the end....move on friends

tonylim passerby, ada tak se sisir pisang
20/09/2013 13:07

amboi pakcik tonylim, berbahasa rasmi rupa-rupanya....dahsyat !!! jangan woi..sesisir pisang ! nanti isteri pakcik pengsan woi ! lol

sesisir = sesikat......pakcik tau ker sesikat / sesisir it berapa biji pisang? hahahaha

tonylim adoi ada appointment kul 1.30 kang
20/09/2013 13:15

oic...you also go "pangsai" at 1:30pm.....lol

uncle...i see your i3 England have improved tremendously.... cannot catch up with you already, lol

@iafx, worry no for me...stomach ache, need to cabut liao

maybe i'm wrong, there is another one with the KY Jelly....lol

when it comes to a corrupted mind & perverted mind, no one can beat you tonylim.....if you admit you are no.2, no one dare to admit he is no.1 for sure....

i'm not going to miss out the action...i have installed a lot CCTVs

go pangsai la...you wanna follow me meh?

after this going off liao

no la....i see some old friend showing up at i3, mah drop by to say hi lor

hahahahah.....i like anbz comment

yes uncle, what sound so familiar?

"That which does not kill us makes us stronger." by Friedrich Nietzsche

I see you still standing MC, hahahaha

fairus, you takut sangat ker kalau member-member lain cabut? macam tak confident ja, hahahaha

FD, it my time to see my doc now. chat with ya next time :), tq

@pathew: apologies, hope u understand. tq

lol, i though tommylou = fattydragon ...:), not same person me?

grandma ohh grandma, where are you wor

no, i dont'. mind giving me? :)

lol, i really donno how he related that....:)

just pangsai finish....lol, stomach ache again after reading FD statement...lol,

wei, don't make me go pangsai again

@ Frank - thanks for the wishes....

got appointment with my doc today. see you guys later, bye

i'm expecting better quarterly going to help the stock price but it did not meet what i expect....

the sentiment of the captain leaving overwhelm the figure the company delivered...better put my money here first

out temporary after receiving some cold rumor late

almost loss my life wor....don't play play with hygiene , wash your hand more frequently & put on masks when at public

what la u, i'm healthy again. doc declared me free from the virus....how is the gold digging at Africa?

tommylou, are you referring to this one few weeks ago when you mentioned property counter close proximity to Iskandar & Singapore ?

less than 3 more months...very very risky wor...

still got some time to catch up....

doing much more better than petgas-ch now....no more new issue recently, very boring like that

oic, a day before ground breaking wor....

i3 has improved a lot recently, now need not to copy & paste from Bursa website any longer.

where are all the kutu-kutu warrants.....jangan sembunyi-sembunyi wor....:)

i wanna go home to sleep now....hahaha, good night & happy weekend FD :)

if he read this, he will be laughing also....

lol, i'm sweating =!=....you go ask tonylim, kcchongnz & kcloh....they will tell you i'm useless brat....nothing close to tommylou, hahahaha

FD, are you tommylou with alternative nick ? :)

when i'm not free, i don't take too much risk....now wanna find time go pangsai also hard...so what u think about my holding :)

so exhausted....i wanna take a break....hope i'm still alive till mid of next month

he got mentioned b4

MM= money maker

he is referring to ECM

safe trip to Africa tommylou & come back soon. missed some of his postings...cis....2 more weeks before quarantine end..so exhausted

HwangDBS is fast...basket. i received the cold wind yesterday, they already put it in report

so pressure...i think better log out, concentrate on real work

lol, i read from Ti Bowen post :P

lol, support at 4.3 only now

holy shit...

wait wait wait...your FI = foreign investor or financial institution? :)