More frontkn wb being converted into frontkn to qualify for probable interim dividend to be announced early August

Yes it is probably by ng wai pin. He is the biggest individual shareholder of frontkn

For the first time we see someone converting frontkn wb into frontkn shares. Obviously it is not epf becoz epf does not buy warrants. It is some other big investor because it involves 525,000 shares.

frontkn wb brings memories of gamuda wb, when gamuda first started becoming a big company. Likewise the past few days big sellers of wb came out, pressing down wb price. Watch wb take off soon even if the mother does not move much.

when mother reaches rm5 the wb value is at least rm1. That is why people are starting to see the potential in wb and starting to chase the warrant this week. the magic lies in comparing percentage changes correctly. good luck

wow . Hope you guys realize that 2, 3 weeks ago when frntkn go up 10 sen the wb go up 1 sen. Since the exercise price of wb is rm4, from now when frtkn go up 10 sen the wb can also go up by 10 sen ! Even at today's closing price the premium of wb is only 6% !!

Hopefully the guys here realise the huge potential of frontkn wb. Three wks ago when mother up 10sen the wb up 1 sen. Since the exercise price of wb is rm4, from now on when the mother up 10 sen the wb can also go up by 10 sen !

can expect good quarterly results to be released today

digital banking licence ??

Since the 1.95 - 1.97 support is breached the next major support level is at around 1.72 -1.75

For those who like charts the strong support at 2.32 is at the 38.2 % retracement level

Hopefully Ipoh factory close for 1 week gives buying opportunity

Unisem is fulfilling the 25% Public Spread Requirement in accordance with Bursa Listing Requirements. That is the reason for the 6 million plus treasury shares sale the past few days

The current price of a share indicates its future value and its current movement is indicative of what is going to happen.

good results out. since the shareholding spread is quite close to the minimum I wont be surprised if there is a bonus issue announcement. that is best way to improve shareholding spread

Karim started with 48.5million warrants. After yesterday's disposal he had 18.8 million left. Today he would have disposed quite a lot too .....

Looking good for rm 3

Milux bonus issue approved by Bursa today. Next will be call for EGM

The price holding fairly well despite so many confused traders. By end Feb will be back at 3.00. While waiting for Scib to settle down can try Tasco and Kobay

so i shall wait for the price to drop low enough to go in again. Scib is a stock with huge potential

Yes the price adjustment should be on the ex-date. But the actual price can be higher or lower than the adjusted price. In this case seeing so many confused people, probably due to inexperience, we can expect weakness for a few days.

SCIB is a good growth company with fairly visible earnings. Of course it will go up...and down. But don't expect it to move like GameStop

Your comments about the opening price of warrants is correct. It will not be half sen based on current price of mother. But the price of mother share on tuesday will depend on supply and demand. The so-called adjusted price is just a indicative value and it is not important at all to us.

too late to buy now. The entitlement date has passed

No. It is monday 25th

Tomorrow upper limit frozen at 60.5 sen..... so can try buy again tomorrow

good chance to pick up frontken.....4.40 can buy

@ HamsterHuat

attaching a premium of 30 % to calculate the warrant price may be too high for Scientex. 30 % more appropriate for popular hot stocks like Kpower.
But then scientex is a solid blue chip compared to kpower which is a potential future blue chip.
Anyway I hope you are right so we can enjoy a better price for the warrant

Deed poll executed today so can expect ex-date announcement for warrant in next 3 trading days

Wow 1.77 is a nice exercise price, not too high. Can expect the warrant to fetch at least 40 sen on listing if SCIB at 1.65.

Some people here are recommending to take profit and buy lower later. By now we should know that for KPOwer it wont work becoz Kpower is moving in a strong general uptrend.

It is still very hard to go wrong with SCIB and Kpower

Whatever happens the warrants will be 30 sen on first day of its trading. By the time next quarter results come out warrant price would have doubled

Looks like people scared US markets especially Nasdaq will drop if both seats in the Georgia runoffs go to Democrats. This will give more buying opportunities.

More buying opportunities

Yes RHB has raised kpower target price to 8.96 or 2.24 ex-bonus. Last chance to buy below 8

People panic and sell no worries cos thereshould be a lot of buyers for longer term. Btw the actual listing date for the split shares is 13 Jan. The ex, entitlement and listing dates are available on Bursa website.

That is what I meant when I said there will be a lot of new buyers for Kpower on Monday. Many will realise that on Monday when Kpower is ex-bonus at a "smaller" price they still have a big chance to buy to qualify for the warrants. Watch the boom towards this friday

On Monday 11/1 KPower will be ex bonus and probably trade around rm2+. At that price there will be a lot of new buyers attracted to get in so that they can qualify for the warrants. It trades ex-warrants on Tuesday 12/1. By this Friday Kpower should be closer rm8

warrant ex-date announcement should be by Friday or early next week.

Its very hard to go wrong on Kpower..... It is a unique win-win-win situation. Any downwards movement is buying oppotunity not to be missed. Any price below 7.50 is still a good buy.

SCIB should be subdued until Wednesday so that the exercise price for the coming warrants will not be too high. So opportunity to collect now

So SCIB should be even stronger next week .....??

In the past the ex-dates for bonus shares and warrants on Bursa used to be on the same date. That trend is changing probably due to the amendments to the listing of new securities such as bonus, rights and warrants, that were issued by Bursa effective 13/8/20 and 1/10/20. It appears that SCIB is taking advantage of these amendments. SCIB is one of the first few (if not the first) where the ex-date for warrants is going to be around 2 weeks after the ex-date for the bonus.....even KPower modified their initial share split proposal to include warrants. Since the new SCIB warrants should fetch at least 40 sen there will be a lot of buyers for the bonus shares which will be entitled to the new warrants.
So there should be a lot of NEW buyers for SCIB after the bonus ex-date which is 30/12/20...??

It is a tiny matter involving sale of 4.5 million SCIB shares. Can ignore completely

EGM for shareholders to approve split and warrant issue is on 28/12/20

Looks like the bonus issue ex-date announcement will only be around 16/12/20 so that the bonus issue ex-date will coincide with the ex-date for the 3 sen dividend. In this way they can avoid a separate listing for the bonus shares.

The 3 sen dividend ex-date is 30/12/20. The bonus issue ex-date announcement will be anytime now and the expected listing date of the bonus shares is middle of December probably before 20/12/20. The bonus shares don't qualify for the 3 sen dividend.
Hence the bonus SCIB shares will be listed separately from the current SCIB shares ? SCIB 'A' ?

I have been following SCIB for more than 5 months and come to realise that Ally Yee has made some fantastic research and provided valuable info and guidance here for people to profit on this counter. The target of 4.98 that you set SO LONG AGO has been achieved today. Congratulations on your super efforts and sharing here that has helped me immensely and others too I'm sure. Thanks again

pls dont pm me. you can just share it here with everyone