Posted by leechen88 > 2016-08-10 05:58 | Report Abuse

hahaha bo cao c . agree

Posted by Angielim9955 > 2016-08-10 09:32 | Report Abuse

Hi guys. Someone here got buy petronm warrant. Do you guys know why they are pushing warrant so high . Warrant ex price 6 ringgit now only 3.8 so any reason warrant today up 130%.
Can share

Posted by Leong Tan > 2016-08-10 09:40 | Report Abuse

up up up! ^^

Posted by Leong Tan > 2016-08-10 09:41 | Report Abuse

almost all epf linked stocks are going have a magic show like MBSB. oohwoo

Posted by Leong Tan > 2016-08-10 10:03 | Report Abuse

is on PLANT already. FLY~

Posted by Joblessrich > 2016-08-10 22:46 | Report Abuse

This manipulater hit everybody by surprise. But it is fun to see this goreng activity.

Posted by Angielim9955 > 2016-08-11 12:34 | Report Abuse

I think is not that, Petron may give good result and good dividend
as I notice now new gen like go to petron station and it selling stock
more customer more income
this couter up got reason one I TP 6.00

Posted by Joblessrich > 2016-08-11 12:55 | Report Abuse

Hi Angielim9955, you are very good. you know that it will go up yesterday. You have even advised me to buy earlier. Should have listened to you. about a month ago.
So, I 100% belief in you now.
If you ask me to jump, I will just ask, "How high you want me to jump?"
Please do not ask me to jump down a cliff.

Posted by Angielim9955 > 2016-08-11 15:42 | Report Abuse

Joblessrich , no la, I just lucky this one, if you know i alreday lost 10,000 ringgit in sanichi , you will know I am a lousy investor, I check sanichi fa rq ar all good good and profit keep growth , but I still fall in this con sanichi , overall I still total net loss 5 figures in stock market , so I am still a loser.
just now I skip penny stocks ,
so now play safe like petronm , taann and gas malayisa currently I aim

Posted by Mat Cendana > 2016-08-11 16:26 | Report Abuse

Often, we just need to be a bit brave and buy when quality counters drop. We can't always get them at the very lowest point. But "lower than normal average" should be good enough. And then have the stamina and patience to wait and do nothing. Sometimes it doesn't take that long; just a few months before things turn the other direction.

Posted by Mat Cendana > 2016-08-11 17:59 | Report Abuse

Angielim, PETRONM-CA...? This is the only structured warrant available. Relatively high volume the past couple of days. Likely because it's the only game in town for punters. 'Low' price but it doesn't look too attractive:
Ex. Price 6.00; Ratio 12:1; Expiry 15/12/16.

Right now the premium is 57%, which is too high for my liking. Or, the mother needs to add another RM2.31 before we break even. Not impossible, but the odds aren't attractive.

Those playing it are probably looking to find "a bigger fool". Buy at 3 sen and hopefully someone will buy at 4.5. But if punters stop to think about the ex price, they might have doubts. But I'm not saying one can't profit from this. If PETRONM continues to increase, -CA is the only cheap option to speculate on.

Posted by Angielim9955 > 2016-08-11 20:31 | Report Abuse

Mat Cendana , yalo
this question I also ask before but no one can answer la

petronm execise level very high for me is impposibe got people want to kacau PETRONM-CA
who dare to play ? yesterday from 0.015 until highest 0.04 was a 300% untung in just on day
that mean if 10 k become 40 k
big untung if buy warrant

so Mat Cendana if you know can teach me , who dare to play warrant with such hign exercise level ?

someone can share here ?

Posted by sheldon > 2016-08-11 23:12 | Report Abuse

The quarterly earnings has been very volatile. In recent history, it has ranged from -17.60 to +27.47. Anybody want to hazard a guess as to the quarterly earnings ending June 16? Not much at stake - just a pound of your flesh hehe.

Ok I'll guess 1 sen - mitigated by the impact of the recent explosion.

See who can guess the closest. Come on let's have some fun!

Posted by Joblessrich > 2016-08-11 23:29 | Report Abuse

I have asked a friend who works in Petron. He told me that the fire in PD factory is not affecting the refinery. Impact is minimal.

Posted by sheldon > 2016-08-12 05:17 | Report Abuse

So Mr Joblessrich, what's your EPS guess?

Posted by Joblessrich > 2016-08-12 07:40 | Report Abuse

Sorry, I cannot guess it. But I think, will be slightly better than last quarter.

Posted by Mat Cendana > 2016-08-12 09:20 | Report Abuse

I'm guessing the same - slightly better than the previous quarter. But likely lower over the corresponding period of one year ago. This is the reason Petron had suffered a sharp drop despite the 20 sen dividend. But the impact won't be as severe this time because the short-term investors are mostly gone over the past couple of months.

Posted by philip31 > 2016-08-12 09:40 | Report Abuse

I have heard from people working in Petron to buy the shares recently but they are not telling why. Too high price for me but should be able to make profit if hold for mid term.

Posted by godlike > 2016-08-12 09:58 | Report Abuse

price increasingin past few days, expect to have good QR. buying CA for maximum profit.

Posted by sheldon > 2016-08-12 10:19 | Report Abuse

If slightly better than the last quarter, I'll be very happy - extrapolating over a year, it will be more than able to pay the same annual dividend of 20 sen.

Posted by Mat Cendana > 2016-08-12 17:04 | Report Abuse

Structured warrants are a different ball game. The hardcore players have a different psyche and strategy than those buying "quality ordinary shares". Players accept that a significant number of their trades will end in losses. Possibly as high as 100% in some cases (no buyer until expiry).

The key is in trying to minimise losses while squeezing winners to the maximum. The latter will more than make up for the losses. Petronm-CA's ex price may look high. But since the mother apowars to be recovering, and there's 4 months to expiry, they took a position. 10k units = RM350; 100k = RM3,500 or so. This will double when there's momentum. And who is to say there will not be any momentum, for sure, in the next 4 months? If it looks unlikely, they will sell at a loss and move on.

So many examples about the power of warrants. DRBHICOM-C19 for instance. It was at 5.5 sen just a few weeks ago. The punter would have gotten at least 300% returns from this one.

Posted by Angielim9955 > 2016-08-12 19:21 | Report Abuse

Mat Cendana , thanks Mat Cendana I think I know de
you are so kind
seem a lot of play warrant rich now ,
like Dayang also mother only up 2% from 1.01 to 1.02 only
but warrant up 150%
so that mean if we buy mother we only earn2% but buy son earn150%
not fair izi
see today gasmalaysia warrant up 250%
meaning in one day can earn 250% .
SO i really can tahan this call warrant why can up so much one , like not fair to us who only have Mother share
just my view only la ?
hahahah

Posted by godlike > 2016-08-12 20:41 | Report Abuse

no pain no gain, it can up 250% one day, it can also down 95% one day. high risk also in the other way. think of it, investing or trading. what is your purpose.

Posted by Joblessrich > 2016-08-13 07:29 | Report Abuse

If play with warrants, you will find it hard to eat or sleep. They are controlled by big players or manipulators. Prices chages 100% in a few hours. My opinion is to stay away from it unless you are prepared to risk your capital.

Posted by Angielim9955 > 2016-08-14 00:15 | Report Abuse

Agreed with you

Posted by sheldon > 2016-08-14 11:49 | Report Abuse

Warrants are highly leveraged instruments. Hence a small price move on the mother share would logically have a magnified move on the warrant.

If you are absolutely certain that the share price is going to rise and by when (e.g. if your good buddy is the chairman i.e. insider trading of sorts), then you should buy warrants (albeit illegal). You'll make a ton of money.

Posted by Angielim9955 > 2016-08-14 17:02 | Report Abuse

ya agreed, but seldon, I heard peolple say , something when a mother up but warrant no move one ?
do you know got like this one ah ?

Posted by sheldon > 2016-08-14 23:12 | Report Abuse

Sure that happens when there's not enough delta in the warrant i.e. if it's way out-of-the-money.

In layman's terms, the share price is way below the strike price.

Posted by godlike > 2016-08-15 11:47 | Report Abuse

oil price rebounded, new high

Posted by godlike > 2016-08-15 15:29 | Report Abuse

the share liquidity is too low, can easily push up, i think someone collected 28 M CAlast week, push will come in if the QR is superb. Not a buy sell call,just my thought.

Posted by godlike > 2016-08-15 16:19 | Report Abuse

ok enough for today, sell for profit.

thanks

Posted by godlike > 2016-08-15 16:34 | Report Abuse

beware, 20M CA traded, i think it's done for the pusher. dont simply jump in

Posted by Mat Cendana > 2016-08-15 16:40 | Report Abuse

Angielim, it's very fair. Higher risk, higher returns. Remember the leverage principle - it works BOTH ways. Including the downside, of course. It's normal to lose 50% when a warrant trade goes bad. Or even 100% (when there is no buyer, even at 0.005).

I have part of my capital in warrants too. Not PETRONM-CA though (but I have UMWOG-C7 which is doing well right now). The outlays aren't big. Even if I lose big percentage-wise, the ringgit terms won't be destructive. Less profit, but I prefer to be cautious. Capital must always be protected. If it's not possible to profit, not possible to avoid a loss, then try to minimise the latter. Must always survive to fight another day.

Posted by Mat Cendana > 2016-08-15 17:09 | Report Abuse

Another good day for PETRONM and some others. Just like that it's solidly in the RM4 category again. Congratulations to those who had bought at the lowest point. In restrospect, it was a no-brainer. Especially after it managed to break past tne 3.80 resistance. But that's how it is with many counters - we tend to be hesitant and pessimistic. And then looking at disbelief when it continues to go up.

Tomorrow is another story, of course. We don't know what will happen. But now I don't feel like such an idiot anymore holding this counter as a genuine investment (for the dividends).

Posted by cstrader > 2016-08-15 21:51 | Report Abuse

It is on the new wave TP 7.00

Posted by Joblessrich > 2016-08-16 09:21 | Report Abuse

Today, it is up again

Posted by CDYS > 2016-08-16 10:21 | Report Abuse

WHAT TP BY TODAY ?

Posted by Chelsea > 2016-08-16 10:37 | Report Abuse

Heard coming quarter profit more than 100mil. Buy at your own risk. Road back to 7

Posted by Joblessrich > 2016-08-16 11:32 | Report Abuse

Hope profit is RM100Mil, but seems unlikely. maybe around RM30Mil lah

Posted by philip31 > 2016-08-16 12:13 | Report Abuse

Insider news says they will push to Rm5.00 by end of this month. Won't say why but news should be good. Have been telling me to buy when it was below Rm4.00. What a waste.

Posted by charlie chia > 2016-08-16 12:27 | Report Abuse

hope for some bonus news
this counter never declare bonus before since listing

Posted by biggestprofit > 2016-08-16 14:15 | Report Abuse

will shoot up crazily to 5.00 this week

Posted by Joblessrich > 2016-08-16 14:23 | Report Abuse

Hope this good news is true

Posted by biggestprofit > 2016-08-16 14:23 | Report Abuse

today tp 4.60

Posted by Mat Cendana > 2016-08-16 15:01 | Report Abuse

Everything feels so nice when your counter goes up and up like this :-) This is yet another good example of having to be brave when quality counters go way below their usual average. Just buy and wait. Often, it's just for a couple of months or so.

Posted by Angielim9955 > 2016-08-16 20:03 | Report Abuse

Mat Cendana ,
agreed with Mat Cendana
thanks for sharing
and Mat Cendana
can I ask :
Mat Cendana ,
agreed with Mat Cendana
thanks for sharing

Posted by cstrader > 2016-08-16 20:47 | Report Abuse

Insider friends, relatives, fund managers, all collecting. TP 8.00

Posted by ankahill > 2016-08-17 10:52 | Report Abuse

:( Show over!?

Posted by Joblessrich > 2016-08-17 11:02 | Report Abuse

wait for 2nd wave

Posted by charlie chia > 2016-08-17 11:15 | Report Abuse

must take a breath first
if not being queries by bursa