SUMATEC RES BHD-WARRANTS 11/21

KLSE: SUMATEC-WA (1201WA)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

485 comment(s). Last comment by sallehch 2020-07-03 10:34

Tripaka

2,960 posts

Posted by Tripaka > 2013-10-08 16:16 | Report Abuse

Take over Sersol place.

hybrid2013

448 posts

Posted by hybrid2013 > 2013-10-08 16:20 | Report Abuse

yesterday trendline 225, n today horizontal trendline 205, n for sersol wa 27 trenline rebound

Posted by derrickinvestor > 2013-10-08 16:20 | Report Abuse

0.30 mari mari lar.....

Flannel

175 posts

Posted by Flannel > 2013-10-08 16:20 | Report Abuse

dang! sumatec really steal the show today!!

Posted by derrickinvestor > 2013-10-08 16:21 | Report Abuse

sesol not bad but kena UMA already

hybrid2013

448 posts

Posted by hybrid2013 > 2013-10-08 16:28 | Report Abuse

told u to accumulate

Posted by derrickinvestor > 2013-10-08 16:31 | Report Abuse

i average down little bit

hybrid2013

448 posts

Posted by hybrid2013 > 2013-10-08 16:41 | Report Abuse

still ok bro

Posted by Taro Cassel > 2013-10-08 17:29 | Report Abuse

i buy 0.265 i wait 0.315

minshome

240 posts

Posted by minshome > 2013-10-08 19:04 | Report Abuse

wats with the uptrend today?

Posted by derrickinvestor > 2013-10-09 11:46 | Report Abuse

sigh.... unable to reach even 0.30

Posted by derrickinvestor > 2013-10-09 16:04 | Report Abuse

very volatile

Posted by Kamaru BahariBakar > 2013-10-09 19:44 | Report Abuse

Daud bin rejab missing in action

heeroo

544 posts

Posted by heeroo > 2013-10-10 08:17 | Report Abuse

Morning all.. derrickinvestor.. can bounce back today?

Posted by derrickinvestor > 2013-10-10 08:49 | Report Abuse

Pray hard

Posted by derrickinvestor > 2013-10-10 11:50 | Report Abuse

zzzZZZZZZzzzzzz

Posted by bosstrader > 2013-10-10 12:24 | Report Abuse

heading to south again today??...huhuh

Posted by derrickinvestor > 2013-10-10 12:56 | Report Abuse

Hope it wont

adzrul

58 posts

Posted by adzrul > 2013-10-10 15:13 | Report Abuse

Any chance rebound?

Posted by bosstrader > 2013-10-10 15:29 | Report Abuse

if break at 0.25..there is a good sign..just my opinion..

Posted by bosstrader > 2013-10-11 12:09 | Report Abuse

look like will rebound today..

Posted by derrickinvestor > 2013-10-11 14:20 | Report Abuse

hope it will up at least 0.30

Posted by derrickinvestor > 2013-10-13 20:22 | Report Abuse

will it rebound tomorrow?

heeroo

544 posts

Posted by heeroo > 2013-10-13 20:41 | Report Abuse

U r my signal derrickinvestor.. rebound..

Posted by derrickinvestor > 2013-10-14 16:54 | Report Abuse

@heeroo, not a very good sign today.... i dunno after ex date, it can rebounce back

johnchong

635 posts

Posted by johnchong > 2013-10-15 20:39 | Report Abuse

Seriously, I do NOT LIKE to give this advice but am giving as a good comrade here, if you still hold the WA please get rid of them ASAP as it will definitely sink like an angle on ex-date 17/10 and stay there until the mother can rise significantly on very good news.

Buy the mother with the proceeds and exercise the rights, this is one redemption. Another is use the same to buy and exercise the rights to get new shares and WA. Else use the proceeds to buy the new WA at the lowest price possible.

johnchong

635 posts

Posted by johnchong > 2013-10-15 20:42 | Report Abuse

You have only 2 trading days to bite the bullet.

johnchong

635 posts

Posted by johnchong > 2013-10-15 21:20 | Report Abuse

Below is my calculation of the mother or ordinary share value on ex-date based on the Assumption closing price on 16/10 of 60cts and you have 10 lots.

Original Rts New WA New and old ordinary shares
Cl-Pr Ex-Pr Ex-Pr Calculated Expected Price of ordinary shares
60 cts 17.5cts 14cts 23.89
10000 41000 10000 61000

If the new mother market share price is 24cts what do you think the old WA with a conversion price of close to 30cts worth?
Even in the unlikely event where the company offers to bring down the conversion to 14cts the WA is only worth 10cts +/- market premium.

I hope you understand why now I do not like to give such an advice.

Posted by derrickinvestor > 2013-10-16 10:19 | Report Abuse

John, will it rebound back after ex date for warrant or just stay stagnant

adzrul

58 posts

Posted by adzrul > 2013-10-16 10:36 | Report Abuse

is it a right time to collect now?

heeroo

544 posts

Posted by heeroo > 2013-10-16 10:38 | Report Abuse

0.15?

johnchong

635 posts

Posted by johnchong > 2013-10-16 10:39 | Report Abuse

Derick
The data I use is obtained from the contributions in this forum.
Based on 123Leo on page 4 info. I gather that the conversion price of your current WA will be 32cts.
So based on the above calculation the opening market price would be about 24cts for the mother share so the WA would be in negative.
Sorry to say this. Take care.

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-16 11:49 | Report Abuse

testing

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-16 12:09 | Report Abuse

hehee .. mother share .50 , wa .18 premium only 6 % , 8 more year to go ,, u say cheap or not ? should trade at minimum 10 % premium .. buy wa much much better than buy mother share . btw conversion price is 35 cents ...

Datokim

600 posts

Posted by Datokim > 2013-10-16 12:28 | Report Abuse

Posted by Datokim > Oct 5, 2013 11:14 PM | Report Abuse X

@8833,
The question of conversion is out, only a fool will fork out 35 sen to convert !!!
The best is cut loss immediately !!
Keep the money or buy the OR if trade @5 sen to 7 sen
Then use OR to buy right @17.5 sen
You will have a fighting chance to recover, but if keep existing warrant sure bankrupt,
Because slowly will down to 10-12 sen level when !

you guys should listen to my advice earlier, now you are on the road to bankrupt !!!

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-16 12:36 | Report Abuse

Existing Warrants adjusted from RM0.35 per Existing Share to RM0.32 per Share and the number of the Existing Warrants adjusted to 1,108 Existing Warrants.

Datokim

600 posts

Posted by Datokim > 2013-10-16 12:46 | Report Abuse

tomorrow mother if x @0.24-0.25 (very lightly), then the warrant will DROP again !!! slowlly sure drop to 12 sen !!!!

Posted by betulbetulcakap > 2013-10-16 13:05 | Report Abuse

cakapbetulbetul : tjhldg , ini counter boleh pi lagikah ?

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-16 14:36 | Report Abuse

hehee ... betul betul cakap i betul betul tak tau pi atau tak pi , i cuma kakijudi , drop banyak , lagi ada news sikit , buy pi lah . rasa ada rebound dan ini counter punya rebound cukup kuat ..

matrix109

201 posts

Posted by matrix109 > 2013-10-16 14:39 | Report Abuse

Oil not found?

Posted by betulbetulcakap > 2013-10-16 14:44 | Report Abuse

betul betul cakap : tjhdg ..boleh bagi i tau tadi u masuk harga berapa tak ? macam suda untung ni

heeroo

544 posts

Posted by heeroo > 2013-10-16 14:46 | Report Abuse

Bounce back Derrick

Posted by derrickinvestor > 2013-10-16 15:15 | Report Abuse

heeroo, i release half of it.... if it further south, then I will try to buy back

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-16 15:16 | Report Abuse

hehee ... round 2

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-16 16:19 | Report Abuse

sayonara

kimi458i

12 posts

Posted by kimi458i > 2013-10-16 17:58 | Report Abuse

I am holding 5k shares @0.275 per share, for me it is a huge amount to loss.
Should i buy more 10k shares in order to reduce my loss?
Anyone can give me some advice? would it rebound tomorrow?

potenza10

1,220 posts

Posted by potenza10 > 2013-10-16 18:51 | Report Abuse

10k at 0.27

Posted by derrickinvestor > 2013-10-16 19:03 | Report Abuse

Bang the wall on this counter......

heeroo

544 posts

Posted by heeroo > 2013-10-16 19:11 | Report Abuse

Derrick..your next plan for 2moro? Buy.back?

Posted by derrickinvestor > 2013-10-16 19:24 | Report Abuse

If fall to 0.15

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