@ vincenteoh29 I think so, because currently in your trading account , the total purchase proceeds and total quantity still remained the original ones, by tonight your acct should have purchase proceeds the same, quantity double. Then depending how smart the IT system of the stock brokering house whether it is smart enough to take into consideration of the free warrant , if not i would expect you see an incorrect average price which just purchase proceeds ÷ new quantity. I saw it before, RHB calculation was not correct for 1 of the stock I have before.
Be cautious as price always moves ahead of fundamental. Look at the recent Topglove QR announcement in which price drop instead of up even after the stellar announcement.
@kachan 1 rough way by assuming warrant price = mother price minus 20 cts is to calculate backward current price to prior to ex date. So closing price of 90 cts meaning equivalent price (incl warrant) is 2.50. Your rough profit is (2.50 - 1.28) x 200 000 = 244k
Another way is to leave warrant out separately , calculate your average price ie 0 4933. So your profit on mother share is (0.90 - 0.4933) x 400k = 162, 680. For Warrant , not listed yet , but roughly , you can assume the price will be 0.90 - 0.20 = 0.70 and your warrant average price is 0.2933. So profit from warrant is (0.70-0.2933) x 200k = 81,340 . Total = 162 , 680 + 81, 340 = 244, 020 (20 ringgit due to rounding issue)
What to do with the warrants? You have a choice later : 1. Sell the warrants and get what ever price you deem fit 2. Add 20 sen per warrant and convert to mother share ( A lot of investors in HLT are doing this because they make more profits than just by selling the warrants )
Another thing Im thinking about for tomoro "Buy on rumours and sell on news...QR already out"
@tanhuatkawkaw so tomorrow will be a heavy selling right if they release qr early. Wish they dont release the qr tomorrow. Much better end of this month.
kachan....X worry Sell tomoro (SELL HIGH) Buy next time (BUY LOW) most important is ...if you believe in ESCERAM and its future prospect..KEEP INVESTING, even buysellbuysell many rounds
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
kachan
437 posts
Posted by kachan > 2020-10-15 16:56 | Report Abuse
Tomorrow can see it will limit up on afternoon.