i dont encourage ppl to buy warrants. Buy mother shares. I used to buy VIVOcom warrants and lost. It drop until less than RM0.05 ....I lost not more than RM70Ks. Playing warrants is for those seasoned / experience traders only. Not for beginners. I am just a SMALL ikan bilis and i consider myself a "freshie " .
It depends @TpeeZack. It depends on how you see or choose the warrant tho., the expiry or maturity date, the time value and also the strike price and exercise... If you were to calculate properly, then you will know what is the fair price of warrant now. And with this new warrant just being issued on October, its still very new... But when the mother goes crazy with volumes..., I believe this warrant will go crazy too.. =)
And when there's a big run up, the % of gain of warrant is always higher.
@TpeeZack give for iceream warrant , you can buy today at 585 and pay another 200 convert to mother and sell at 825 585+200-825=35 , you still earn 3.5cents is free money , you can do it as long as you like and as many as you like
Posted by TpeeZack > Feb 26, 2021 5:06 PM | Report Abuse
i dont encourage ppl to buy warrants. Buy mother shares. I used to buy VIVOcom warrants and lost. It drop until less than RM0.05 ....I lost not more than RM70Ks. Playing warrants is for those seasoned / experience traders only. Not for beginners. I am just a SMALL ikan bilis and i consider myself a "freshie " .
Nobody knows what the good news is.. Not sure what they are up too tho... But from the chart pricing, can really see that its been moving up steadily and chart wise is very healthy... Hoping for the best...
Yes @anzhsb... Thats what we called arbitraging... One of the company director now i believe is doing that ma, to earn the profit arbitraging... Very smart move on that... sell mother, buy warrant convert exercise,... poof ! MAGIC! =D
I am only keep iceream warrant for now, the latest update was I buy another 20lots of warrant at 565 to add up my portfolio . I will sell warrant to take up mother when there is a premium on warrant . look at SCIB and SCIB WB .. this is what I am waiting to happen to iceream wb
@anzhsb Would you help to explain a bit at which price/level is worth to convert warrant to take up mother share?
My warrant profit almost down to negative when price drop, i was like a blind riding roller coaster. Just hope some experience trader like you or other sifu can share a bit on the exit level and also the premium on warrant tht u mentioned. Hope this would not be too troublesome to explain.
check the warrant price yesterday at 4:45pm the conversion price to mother iceream is 0.20cent try do some calculation
and also try check SCIB WB with SCIB "conversion price is 1.77
@anzhsb Would you help to explain a bit at which price/level is worth to convert warrant to take up mother share?
My warrant profit almost down to negative when price drop, i was like a blind riding roller coaster. Just hope some experience trader like you or other sifu can share a bit on the exit level and also the premium on warrant tht u mentioned. Hope this would not be too troublesome to explain.
@win6168 currently Warrant no premium at all....a laggard actually.
So if mother is rm1...then expect warrant to be only 80 cent below.. Unless, baby shark...big shark...whale come to party....then definitely warrant will jump
if you have warrant...just hold as low you buy below 60 cent....
it come to a point that the 20cent difference no longer tasty ...
I make a simple chart so you can see the return after about 95cents on mother is not so good return on warrant but anything below 90cent still can consider warrant between 90 - 95cent I will call it blunt stage .
ceteris paribus condition 1. not over 50% warrant been convert to mother 2. no super new people want to become a major shareholder by eating as many warrant as available "you dont have to tell bursa for owning too many warrant"
So, from the explanation, the two main point: 1) Warrant below 0.600 worth keeping or accumulating 2) Mother share price above 0.950 not worth buying warrant 3) conversion now is 0.200 from warrant to mother share, so i have 30lots of warrant at 0.535, after convert to mother share will become 0.735.
yupp.., definitely... Which is why, i strongly believe that, when the day comes, the day where icrecream goes crazy or hype with volumes, the warrant price will eventually chase up, and you might be surprised, the warrant could actually become a premium if the crazy day comesss....
We are definitely waiting for the day or hype to come...
Allenlee. Fantastic insight you have given on the upcoming news and how Esceram could be the next SCIB or KPOWER. 15 to 20 times upside. I will hold looooong. Till share split, free warrants. Children and grandchildren. Just go in coma and sleep. Whether it drops like last Wednesday or limit up, not my problem. We are just confident of the outcome. Have a good rest.
@jennynpk88 but this will have to make sure the warrant still have over 50% in the market .. if the warrant has been depleted "50%" to keep the warrant will be better as the warrant will be in very high premium . there is 1 more consideration , the warrant die at end of 2023 , so if you ready this some time year 2023 ... please consider to move to mother .
Posted by jennynpk88 > Feb 27, 2021 4:21 PM | Report Abuse
So, from the explanation, the two main point: 1) Warrant below 0.600 worth keeping or accumulating 2) Mother share price above 0.950 not worth buying warrant 3) conversion now is 0.200 from warrant to mother share, so i have 30lots of warrant at 0.535, after convert to mother share will become 0.735.
@jennynpk88 No worries mate .. when the icecream mother hit 90+ .. I am already in the way to move all to mother ... but I will need to find few 10ks for conversion ... ayo ....
Posted by jennynpk88 > Feb 27, 2021 5:06 PM | Report Abuse
correction, mother price below 0.900 still worth consider warrant as mentioned by @anzhsb. not below 0.950
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....
jennynpk88
25 posts
Posted by jennynpk88 > 2021-02-26 16:57 | Report Abuse
Happy Chap Goh Mei