wachin> The adjustment of warrant exercise price to 3.13 will take effect from 12/1/12 as per company announcement! Underlying should goreng to 4.10 or more by friday! My 2cents opinion lah :)
my average purchase prive is RM 4.90 with 188 lot. current price is RM4.77 mean i already loss RM2444 {(4.9-4.77)X 18800}.
After the ex-date I will entitle 18800*0.9094=17096.72. But this is part of my original investment. not something extra. and the open price after ex-date is 4.77-0.91=3.86. this is my balance of capital. Nothing extra.
unless someone buy it higher >3.86 after the ex-date.
FOR ME..U JUST WAIT N SEE..NORMALLY AFTER ADJUSTED, THE PRICE WILL COME BACK AT SUPPORT SUPPORT LEVEL... NOW KULIM AT SUPPORT PRICE rm4.80...MAY B AFTER ADJUST THE PRICE WILL BE REBOUND AT rm4.10-RM4.20...
Price for warrant is now RM0.94. After conversion, RM3.13+0.94= RM4.07. Price for mother share after ex; RM4.80-0.9095= RM3.90. Betulkah? Then why buy warrant and wait next week to convert, when can buy the mother share now at RM0.17 cheaper? Will the warrant drop to RM0.77 tomorrow? Hmmm...
The mother is a caring mother.....sure won't let the son to drop...my bet is the mother will up tomorrow, after all mother been dropping for a few days already!
Either mother go up 4.07, or son go down to 0.77 or on between. But I think some margin players got burnt, maybe will force sell tomorrow. There was a sudden q at 20k+ at 4.50. Either last kopek to gain small profit or cut loss, I don't know.
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....
wachin
145 posts
Posted by wachin > 2013-01-08 12:16 | Report Abuse
harga wc 0.97+ exercise price 3.13= 4.10 mahal banding harga kulim sekarang (4.80 - 0.92= 3.88)