warrant is free.But for calculation wise, for those who bought at RM0.47 on 24 Dec,if they sold the mother at 0.21 today (RM0.21 X2= RM0.42), their cost of warrant is RM0.05. Well as long as the warrant can trade above RM0.05 on listing date, still can make some money...
Theoretically the mother share has to be above 25 sen for the warrants to have any value. There's a few days gap before the warrants get listed, hence I feel it's worth buying the mother share at the current price 20.5/21.0 . Let's see what happen to the mother share price when both the bonus shares and the warrants get listed on board ( should be on 29/12/12 ). Hopefully the mother share will go above 25 sen soon after that.
@winwinwin, that is why I think the price has been carefully controlled and the news that we are all waiting for should be the confirmation of transfer. However, it seems very likely due to the restructuring and hopefully we all get a good Angpao from AMEDIA!
The news is the key. With high volume traded today and down with 8% now. Difficult to identify if big player are selling. If it cannot recover a little bit at noon, expect force selling coming few days to depress the price.
It is only true if warrant price is coming out. Warrant is regarded ZERO value in margin account. If the price down 10% or more. Force selling is very likely to occur. Traded with cash sure have advantage.
Ultra high volume traded today , I suspect that a lot of traders sold their holdings to reduce the risk. So 47 - 21 = 26 sens to be shared by mother and warrant.
So , now with 2 more days left , what can be expected ?? If the mother share can maintain at 21 sens ,then there will be durian runtuh for the holders ,the warrant can easily fetch 7 to 11 sens, anyway, really good lesson and experience.
I dont hold the stock anymore, as I cannot read the chart anymore. So , for those who(short term traders ) still hold it , my advice is stay focus as we cannot read those speculators/manipulators/big boys/Jaws r up to....
I also suspected that the SM agents r inside this forum , so be careful , dont listen to their views and mine also , do ur thinking , analyst and research a after all is ur money.....
Seem that the price holding well , then it means that main target is the warrant ,I think the warrant will fetch a good price , and it will real DURIAN RUNTUH .
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....
kevin
180 posts
Posted by kevin > 2012-12-26 08:59 | Report Abuse
those who sold now is the one whom bought at 0.4 and below