My read on MRCB charts is positive.....uptrending, and looks like momentum going strong. With expectation of budget to be a catalyst, will add this to my shortlist.
When traders are feeling hopeless and start unloading.... sharks happily let u unload at a lower price to collect... testing patience and holding power.
Naik turun hanya satu tarikan membeli dan kemudian menjual bila kurang minat membeli dan mengumpul dari bawah . Penurunan hanyalah kerana pasaran dunia kurang baik buat masa ini menyebabkan kurang minat membeli dan menjual sambil melihat keadaan semasa menunggu masa sesuai memasuki pasaran .
Oleh kerana 460 tidak bisa bertahan diharap hari ini bisa naik semula atas 460 dan bertahan kemudian bisa melepasi 480 dalam minggu ini kenaikan akan bermula Jika 450 tidak bisa bertahan maka berkemungkinan akan kembali 430 sebelum bergerak naik.
Kejatuhan index begitu ketara tidak hairan berlaku Penurunan namun peluang bagi yang ingin menambah atau mahu melabur selagi masih murah untuk mengumpul peluang membuat keuntungan bila harga melonjak naik . Melabur dengan yakin
Hanya berbicara di waktu lapang Harap maaf jika ada silap kata
Aiyo , betul kah MRCB -WB , can go 15 sen , if çan go 15 sen , wa boleh jadi kaya lor , MRCB up 5 sen , WB only up 1 sen , WB pi 15 sen MRCB will go 66 sen , wahhhhh ,syok , MRCB- C 88 soon will be 31 sen , syok , syok
WB - conversion 1.25 sen , who want go invest , better think more ,MRCB- C88 ,convert 35 sen , but no need convert , mature time ,pay u cek ,which one better ? if MRCB 50 sen on NoV ,MRCB - C88 will be 15 sen until expire , no need convert ,pay u cek , syok . WB still 10 sen until Nov , the longer time running , WB will be nobody want .
MRCB- C88 worth to invest in short term now , 0 premium , follow MRCB movement ,if u all think MRCB on NoV can move to 55 sen MRCB -C88 will be 20 sen.
If u all Ikan bilis buy MRCB today 45 sen , 100 lot , NoV MRCB 55 sen , invest RM 45 k ,u only profit RM 10 k If u all Ikan bilis buy MRCB-C88 450 lot , invest RM 45 k , u win RM 45 k ,100 percent profit gain Skim cepat kaya , seronok ,syok ……
Wao. Dear John, u r so familiar with covered wrt (cw)? I have no idea about it. In order to share more on your idea, you may share with all the investors in this thread the following:
1) how to exercise when expired? 2) how many days before the expiry date the cw will stop trading on the mkt? 3) cw, if expired, if not sold the cw, after expiry date, it will become $0 right? 4) or, before expires, how many before expires need to "exercise" it (top up cash to exercise? ) 5) if topup cash based on the exercise price, exercise price x qty on hand, total $ to pay to issuer? If so, the exercise is not letting the investors to obtain and own the mother shares right? This amount of $, where it goes to? 6) If no extra cash to top up to exercise those shares on hand, and those shares are not sold before expires, these shares will become $0 value and burnt off? Etc etc.
Kindly share with all investors if you could. Hope all investors do benefits from the knowledge shared by John kor. Thanks.
Oh ya. Perhaps our dear Rabbit and Kim could share more about the above too so that all investors (regardless of experience or newbie can also benefits from investment knowledge and everyone is safe landed at the end.)
Theyoungman , call warrant no need convert , cash settement ,no need Top up .
EXample = MRCB - C88 , expire 17 NoV , convert 35 sen, 1 : 1 Last trade for C88 is 14 NoV , every call warrant same , u count 3 day before is last trading , than they will take last 5 trading day ( 13 NoV to 17 NoV ) mother close price , average it ,after than get final price , average 5 day if average MRCB is 55 sen Mean C88 is in the price , MRCB - C 88 will be 20 sen If let say u no sell or forget to sell , after expire , bank issues will send u a cek to your home address If u buy MRCB- C88 at 10 sen , 1 thousand lot cost RM 100 k , expire u forget sell , bank send u cek RM 200k ,within 1 week after expire
If call warrant out of price , mean MRCB until NoV is 34 sen or below , mean OuT of price if u no sell , U get nothing , u lost money , u get zero ,bank issue will earn your money If in the price , bank will pay u , mean bank issuer will lost money . If out of price , u pay to bank ,u get noting , bank issues will win your money . ( if u forget sell , bank issues would not return money to u , u get zero )
Call warrant can make u become jutawan in short term , use small money earn big money also can make u lost everything , but u lost ,lost small money , u win , u win big money
UEMS C 82 is an example , from July 2.5 sen ,until Sept RM 1.25
Dear John, What a good explanation. Hebat! So, let take this scenario below as an example to elaborate further so that everyone who is interested in learning and knowing about CW would benefit from this.
1) Today, mother share price RM 0.45
2) Today, C88 share price RM 0.10, and you buy 100k shares and pick up. (Hold)
3) C88 will expire on 17 Nov 2023 with exercise price of RM 0.35
The last trading day for C88 is 3 days before its expiry date, that is 17th Nov - 3 = 14th Nov (taking public holiday into consideration? I'm not sure. Assuming it counts by days regardless of holiday)
To determine the final share price for calculating and determining C88 actual value, the issuer will take the last 5 trading days (13th Nov to 17th Nov) closing price in order to calculate the average price for the mother. Assuming the last 5 days average price is RM 0.55.
Scenario #1) IN THE MONEY (winning)❤️:
Locked mother share price at RM 0.55
As such, C88 is in the money. That is, the mother share price LESS exercise price is calculated as follows:
RM 0.55 - RM 0.35 = RM 0.20
So, you have C88 100k shares bought at RM 0.10 and hold until 17th Nov 2023 (expired and you didn't sell or forgot to sell). These C88 100k shares are still yours.
So, the issuer will get ready the money to pay to you, since your investment is IN THE MONEY. That's 100k shares x 0.2 = RM 20k. (Opsss, I didn't dare to use 1mil shares to elaborate, but John dares, hero.)
In summary, you invested RM 10k, you get back RM 20k after C88 expired.
Note: issuer may pay via cheque or EPS (electronic payment for shares? Or must be cheque? Not sure.)
Scenerio #2) OUT OF MONEY (losing but not 100%)😯😓:
Locked mother share price at RM 0.40 (last 5 days average price)
As such, C88 is in the money. That is, the mother share price LESS exercise price is calculated as follows:
RM 0.40 - RM 0.35 = RM 0.05
The issuer will pay you RM 0.05 x 100k = RM 5000 and your investment incurred a loss of RM 5k.
Scenerio #3) OUT OF MONEY (losing 100%):
Locked mother share price at RM 0.30 (last 5 days average price)
As such, C88 is "OUT OF MONEY".
That is, the mother share price LESS exercise price is calculated as follows:
RM 0.30 - RM 0.35 = -negative RM 0.05
The issuer will not pay you anything as it is "negative".
-RM 0.05 x 100k = -RM 5000. Thus, the issuer will not pay you anything. You loss all your C88 investment amount. Crying without tear 😥😂😓😖 RM 0!!!
Dear John, hope my understanding is correct. Please correct me if I'm wrong.
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....
theyoungman
1,983 posts
Posted by theyoungman > 2023-09-27 23:35 | Report Abuse
Dear Rabbit,
Just like with PMX, "lawan tetap lawan"! Let's go!