sory. can anyone explain to me macam mana bole bid quantity 0.18 sudah 15000 lot and ask quantity sudah 23000 lot for the same price tetapi no transaction were made?
LAUNCH OF BURSA MALAYSIA'S NEW TRADING SYSTEM ON MONDAY, 1 DECEMBER 2008
We wish to inform you that Bursa Malaysia has planned to go live with a new trading system on Monday, 1 December 2008. This new system, Bursa Trade (BT) Securities, will replace the existing SCORE system.
Under the new BT system, some of the major changes are:
1) New Trading Phase - Morning session starts at 8.30am to 12.30 pm & Afternoon session starts at 2pm to 5.00pm.
· Pre-Opening
o At the pre-opening (8.30am to 9.00am and 2.00pm to 2.30pm), you will be able to preview the market with the Theoretical Opening Price.
· Pre-Closing
o At the pre-closing (12.15pm -12.20 pm and 4.45pm - 4.50pm), orders can be entered but there will be no matching of trades.
o At the "Trading At Last" phase (12.20pm - 12.30pm and 4.50pm - 5.00pm), orders can only be entered and matched at the Theoretical Closing Price. During this session, you can only trade with one price. The system will reject all other orders entered with other prices.
o The Theoretical Closing Price is to promote natural discovery of closing prices; thus mitigating price manipulation at close of market.
2) You will be able to see five best price limits for a stock as compared to only three previously.
For further details on Bursa Trade (BT) Securities system, please check out the following links:
Btw, I need help from seniors to comment of my evaluation below.
Current underlying price: RM0.275 (IRIS) Current warrant price: RM0.175 Exercise price: RM0.15 Exercise date: 20/4/2016
Premium: 18.1% Gearing: 1.36
Based on some opinion i read somewhere, for a good future growth share like IRIS, pemium usually 40-50%. Assuming 40%, the value of the warrant is RM0.235. So now it's undervalued.
Is my conclusion correct? Please help if you know how to analysis a warrant value. I'm learning here.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
azta12
5,594 posts
Posted by azta12 > 2012-04-19 09:04 | Report Abuse
mahes thnx lets party