Posted by kudamuda > 2017-03-23 15:17 | Report Abuse

@Tch84, but this is European style cash settled call warrant, you can't exercise anytime.

Looking at the current px, cash settle value should be
( 9.00 - 8.00 ) / 2.5 = 40 sen.

But, let's consider the scenario below :

Let say Maybank declare 30 sen div before the ex-date of this call warrant.. Theoretically, assuming everything being equal, Maybank mother share will drop 30sen after ex-div. So, 9.00 become 8.70..

Cash settle price become ( 8.70 - 8.00 / 2.5 ) = 28 sen.

I guess this explain what @apprentice mentioned. Unless the market maker make adjustment to the ex-price of 8.00 for this call warrant in tandem with the dividend.. which most likely won't, the cash settle price would become much less, and the negative premium would be wiped out.

This could explain why nobody buy even it is "cheap sale" ? The only hope is mother share keep going up ... haha

Anyone have better insights? Not sure if above calculation is correct?

Posted by kudamuda > 2017-03-23 15:19 | Report Abuse

@Beza, thanks for the insights on the foreign shareholding %.

Posted by Tch84 > 2017-03-23 16:05 | Report Abuse

This is a warrant calculator
https://www.malaysiawarrants.com.my/tools?sp=dwcalculator&ric=MBBM_tw.KL

it will tell you how much maybankc24 worth

Posted by kudamuda > 2017-03-23 16:51 | Report Abuse

thank you @Tch84. Very handy tool.

Posted by kudamuda > 2017-03-23 16:53 | Report Abuse

fuyoh... the last minutes volume of maybank... =.=" sweat...

Posted by shortinvestor77 > 2017-03-23 17:18 | Report Abuse

My pleasure, kudamuda.

Posted by apprentice > 2017-03-23 17:42 | Report Abuse

Call warrant issuers will never adjust the exercise price. The higher the dividend, the lower the value of the CW.
MBB has declared 32 sen dividend, pending approval during AGM in 2 weeks.
So deduct 32 sen dividend, deduct 8.00 ex price, divide by 2.5, c24 is overpriced.

Posted by kudamuda > 2017-03-23 19:40 | Report Abuse

Thanks @apprenntice. That's what I thought.. unless share split, big special div... Unlikely the issuerer will adjust the exercise price. But, I did notice one of the GenM (or Genting .. can't recall ) call warrant adjust the ex price recently. Erhmm.. with this explanation.. tomorrow will see some big selling on C24 perhaps.. hehe

Posted by Liek Lim > 2017-03-24 03:28 | Report Abuse

Hi, anybody can explain why PNB + Amanahraya acquired around 26m Maybank shares on 21-March but the trading volume of on that day was recorded lesser than that (around 20m shares) ?

Posted by apprentice > 2017-03-24 05:57 | Report Abuse

kudamuda, I don't see reason for big selling of C24 as there is still about 3 months to go for C24, and MBB can still go up prior to xdate dividend.
Yes, if there is any exercise on the mother, like bonus then the ex price will be adjusted.

Posted by apprentice > 2017-03-24 05:59 | Report Abuse

Like Lim, its date of change and not date acquired.

Posted by mushimushi > 2017-03-24 09:56 | Report Abuse

Maybank up because maybank is so so so undervalue u people have no idea. Maybank is the largest bank in Asean. Believe me or not singapore total assets value is above both east/west malaysia combined. You can imagine how inflated singapore assets values are. A tiny island worth 10k times its true value.

Posted by tomwah > 2017-03-24 11:09 | Report Abuse

after brek 9,,,,easily come 10.

Posted by kudamuda > 2017-03-24 12:13 | Report Abuse

Seems keep hovering around 9 again..

Posted by WCapital > 2017-03-24 17:12 | Report Abuse

What i like about maybank is dividend, and what i like about PBBANK is the share price solid like Rock, you can see dividend/revenue and all the parameter keep increasing from time to time. Maybank main problem is the DRP dilute the EPS and Dividend. But it still a good stock to collect dividend.

Posted by shortinvestor77 > 2017-03-24 18:00 | Report Abuse

Due to DRP, MBB does not need to issue right issues at all but PBB had done it before.

Posted by tecpower > 2017-03-25 13:36 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/03/25/malaysian-stocks-likely-to-inch-higher-next-week/

Posted by apprentice > 2017-03-25 19:05 | Report Abuse

I have subscribed for the DRP from the very beginning and have no complains. I think its 13 now.
Secretly I hope the price of MBB does not increase too much as it will reduce the number of shares allotted under DRP. But since we have no control over its rise, I chose to buy call warrants and profit from it.
MBB and DRP are for long term investors. My DY is about 14% as I bought it cheap back in 2009.

Posted by gooman > 2017-03-25 20:29 | Report Abuse

iSaham Fundamental + Technical Score
http://www.isaham.my/rank/overall

Posted by tecpower > 2017-03-26 00:06 | Report Abuse

http://www.theborneopost.com/2017/03/25/malaysia-to-benefit-from-improvements-in-ma-activities/

Posted by leslieroycarter > 2017-03-26 12:25 | Report Abuse

u can buy banking stocks after the crash....like the 10th years once . 68/78/88/98/2008/2018?
2017/2018 anytime may see the big tsunami coming ....so advised to reduce stock holding starting fr now....

Posted by shortinvestor77 > 2017-03-26 16:11 | Report Abuse

Those time no QEs (Printing money and use future money). Only after 2008, US started an extremely dirty game QE to rescue their economics. Other countries follow. Imagine the whole market is flooding with cash. This cash could make a down market up anytime. You sell, they buy like this month foreign buyers. So leslieroycarter pls sell all your shares and leave us alone.

Posted by tomwah > 2017-03-27 14:10 | Report Abuse

bursa almost touch 10,

Posted by tecpower > 2017-03-27 22:47 | Report Abuse

More and more Malaysian people will use stocks as an inflation hedge.

http://www.theindependent.sg/malaysia-inflation-jumps-to-4-5-an-eight-year-high/
https://www.google.com.sg/amp/amp.kiplinger.com/article/investing/T052-C019-S001-stocks-the-best-inflation-hedge.html

Posted by shortinvestor77 > 2017-03-27 23:16 | Report Abuse

http://www.nst.com.my/news/2017/03/224662/maybank-islamic-unveils-islamic-private-wealth-solution

Posted by mikee > 2017-03-28 02:13 | Report Abuse

one have to imagined that this USD$50 billion or at least initial $10 billion from all e-trades permits approvals generate from DFTZ/Alibaba when start in 2018 or early 2019 is COMPULSORY/MUST pass tru DNEX (4456) e-services software platform tat currently been authorized by Gov to integrates with most gov agencies to get each items/goods pass on from shippers to consumers.
Just 1 segment from IT can rake up 1000% folds profits, haven't count others segments like O&G, Hydro Energy, Foreign Workers Permit, VEP and RFID profits.

go and read mind boggling good revelation about DNEX (4456) from Cruz......
https://klse.i3investor.com/blogs/kianweiaritcles/119083.jsp

Posted by mikee > 2017-03-28 08:17 | Report Abuse

Dnex (4456) true facts....

Government Intermediaries.
The country’s external trade has been expanding continuously over the last three decades. As such, the demand on government services also increases annually. To cope with business demands and constraints on government capacity expansion, the government outsources some of its functions, by privatising specific government functions, setting up or appointing a private and commercial entity to run the outsourced function. These entities are monopolistic outsourced service providers.

In the case of Customs, the online customs clearance activities have been outsourced to a company Dagang Net Sdn. Bhd. which is an e-commerce service provider. Dagang Net has performed over 275 million electronic transactions and RM1.8 billion worth of Customs duty payments and serves more than 5000 customers.

The customers base will definitely expand tremendously as the just newly launched DFTZ and Alibaba gigantic USD$50 billion digital economy trades will definitely benefits 100% DNEX (4456).

Posted by tecpower > 2017-03-28 11:48 | Report Abuse

http://m.thesundaily.my/node/435880

Posted by tecpower > 2017-03-29 20:00 | Report Abuse

http://m.thesundaily.my/node/436213

Posted by gooman > 2017-03-30 23:50 | Report Abuse

Wow! Oil is up up!!!!

Posted by Money > 2017-03-31 00:29 | Report Abuse

Sold with gain yesterday.
See u again.

Posted by tecpower > 2017-03-31 22:07 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/03/31/china-march-factory-activity-grows-fastest-in-nearly-5-years-on-building-boom/

Posted by gooman > 2017-04-01 14:10 | Report Abuse

Bursa Malaysia to trend higher next week

http://www.thestar.com.my/business/business-news/2017/04/01/bursa-malaysia-to-trend-higher-next-week/

Posted by tecpower > 2017-04-01 22:41 | Report Abuse

http://www.enanyang.my/news/20170401/经济学家令吉跌通胀高有隐忧br-次季经济料增至4-8/

Posted by anonboy > 2017-04-03 11:37 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/04/03/foreign-funds-net-buyers-at-rm1pt14b-in-week-ended-march-31/

Posted by shortinvestor77 > 2017-04-03 19:42 | Report Abuse

http://www.theedgemarkets.com/my/article/马银行预估2017年流动银行交易增长50至250亿令吉?type=新闻

Posted by shortinvestor77 > 2017-04-03 19:46 | Report Abuse

http://www.theedgemarkets.com/my/article/maybank-expects-50-jump-mobile-banking-deals-rm25b-2017

Posted by wildkid > 2017-04-04 08:29 | Report Abuse

is that any announcement on the dividend?

Posted by mushimushi > 2017-04-04 08:52 | Report Abuse

Suddenly the entire world wants to invest in malaysia. Kakakaka maybank is the darling to foreign investors

Posted by apprentice > 2017-04-04 08:59 | Report Abuse

AGM on 6 Apr. Dividend will be approved during AGM.

Posted by Kay > 2017-04-04 11:06 | Report Abuse

Can't wait for the dividend.. have been good from Maybank.

Posted by tecpower > 2017-04-04 19:56 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/04/04/malaysia-the-regional-favourite/

Posted by tecpower > 2017-04-04 20:00 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/04/04/stronger-exports-may-push-malaysia-economy-growth-to-5pct/

Posted by tecpower > 2017-04-05 14:10 | Report Abuse

Malaysia's Febuary exports jump 26.5% as China imports grow http://www.thestar.com.my/business/business-news/2017/04/05/malaysia-febuary-exports-jump-26pct-as-china-imports-grow/

Posted by tecpower > 2017-04-05 19:36 | Report Abuse

Morgan Stanley cautious on Indonesia's high-flying stock market http://www.thestar.com.my/business/business-news/2017/04/05/morgan-stanley-cautious-on-indonesia-high-flying-stock-market/

Posted by tecpower > 2017-04-05 21:39 | Report Abuse

http://www.theedgemarkets.com/my/article/fbm-klci-falls-institutional-investors-buy-bursa-small-caps

Posted by drt6398 > 2017-04-06 14:59 | Report Abuse

news from agm?

Posted by goldisgold > 2017-04-06 17:00 | Report Abuse

What are in the goodies bag?

Posted by myway > 2017-04-06 17:11 | Report Abuse

Maybank says capital position well prepped for MFRS 9
http://www.theedgemarkets.com/my/article/maybank-says-capital-position-well-prepped-mfrs-9

Posted by shortinvestor77 > 2017-04-06 21:48 | Report Abuse

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=5693