Discussion for speculation to their operator intention.
- to get higher warrant listing price - operator will try extend their opportunity for daily push up price till warrant listing by using limit up, so today may or may not limit up so that they have more days ahead for limit up.
when warrant and bonus shares listing in prices movement may be volatile. Just a thought.
No lah that's the entitlement date for JFTECH not it's bonus shares.
The Bonus Shares and Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 3 February 2021, being 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.
The notices of allotment for the Bonus Shares and Warrants will be issued and dispatched to all entitled shareholders not later than 4 market days after the date of the listing and quotation of the Bonus Shares and Warrants on the ACE Market of Bursa Securities.
@tean2020 no free warrants. yesterday was the last day for all bonus/free warrants. today you buy you wont get anything. just cheaper unit price and diluted sares
If you like Bonus shares plus warrants look at Oversea Enterprise. 3 for 1 share split and 2 for 1 warrant. EGM 2nd February. Just in time b4 CNY celebrations.
My question.. Mother price tu refer closed price 1 day before warrant listing right
To calculate theoretical warrants price = Mother share price closing before warrant listing minus exercise price.
You can refer to today's listing of Scientex-WC. Scientex closed @ 4.09 yesterday Exercise price warrants = 4.30 Because the Exercise price is higher than mother share, the theoretical price for Scientex-WC = 0.005
So if bought yesterday at 6.9 -7 , how to calculate the price of yesterday versus today as i bought 500 units so divide by 3 or divide by 4 as i don't know how to calculate free warrant
Price after split is by taking the closing price and dividing by 4 but need to consider the 2 warrants. Calculations refer to post by hakubasnow above. Price would be RM 1.51 at opening today. But doesn't matter anymore because Huat like nobodys business cos today LU haha
Let say you purchase 1000 JFTECH yesterday @ RM7.00 You are now entitled to 3000 bonus shares and 2000 warrants You can only sell bonus & warrant on 03/02/21 So your cost = RM7000
Let say you sell your existing share 1000 @ 1.94 you get = RM1940
Lets take a modest price and say the closing on 02/02/21 = RM1.85 And the next day you sell your bonus and warrants
3000 bonus x 1.85 = 5550 2000 warrants x 0.69 (1.85-1.16) = 1380
Your total = RM1940 + RM5550 + RM1380 = RM8870 Your gain = RM8870 - RM7000 = RM1870
Please check at Jftech website, the have 5G, Solar, semicon, Automotive business... All package... This suitable for Long term investment... Can go more than RM6
The Bonus Shares and Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 3 February 2021, being 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.
From the announcement, I think we have to wait til Feb 3.
Can anyone tell me this : 1 have one lot JF share , bought at $6 that day .. 1)when will the bonus share enter my Rakuten Trade Account ? 2)can I sell my 3 bonus tomorrow?
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....
Innerpeacee
166 posts
Posted by Innerpeacee > 2021-01-20 10:55 | Report Abuse
@forcebwithu
High5! Added more EITA just, looks like the wind is coming again.
Let's huat together!