Posted by azlan88 > 2017-06-05 17:10 | Report Abuse

Last 10 minutes, 500,000 shares easily taken up. RM2.00 before Q2 announcement. If I'm not mistaken, they can book profit from KSL Mall 2 construction according to completion progress.

Posted by RVI123 > 2017-06-05 17:13 | Report Abuse

Let us say if tomorrow (expiry date) close at RM1.30, Kenanga will have to pay RM0.10 per share (RM1.30 - RM 1.20) to the call-warrant holder. Is this correct?

Posted by Nigel Low > 2017-06-05 17:34 | Report Abuse

Director also grabbing...lol
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5452337

Posted by Nigel Low > 2017-06-05 17:36 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5452321

Posted by Nigel Low > 2017-06-05 23:41 | Report Abuse

The banks only make money from structured warrants upon their expiry, because banks will never know whether they can keep the initial money, or need to fork out additional cash to compensate the holders.

Upon expiry:
If settlement price (i.e last 5 days trading price) < strike price, the bank keeps all the money that they received at the time they issued. The warrant holder lost their bet.
If settlement price > strike price, then the bank calculate how much to compensate.

Calculation of settlement amount = [(Settlement price - Strike price)/Conversion ratio] x no. of Warrants

Conclusion: If I were a bank, I would issue warrants if I think that:
1) prices are increasing now (so that it can attract losers to buy my warrants)
2) prices are expected to drop before expiry (so that the losers will cry and I keep the money).
3) malaysians have not yet realised that they are being cheated by such genius products.
4) I can manipulate the price of the mother share during the last 5 days, if I need to.

From this perspective, it's not clear whether banks will goreng the counter so that they can let go of their warrants. But it is clear that they will "hope" for the price to go below the strike price upon expiry. *And their hope often come true.

Posted by bonescythe > 2017-06-06 00:51 | Report Abuse

Load up for better Duit Raya packet
http://bonescythe.blogspot.my/2017/06/this-company-can-load-up-your-duit-raya.html

Posted by paperplane2016 > 2017-06-06 01:15 | Report Abuse

Bone gor, how are you. We are waiting you to join us back in the group.

Posted by paperplane2016 > 2017-06-06 01:21 | Report Abuse

To be fair, property stocks most traded at single digit pe now. Not just ksl. This is sector outlook issues. If you buy last yr or last two years, you are basically stuck.
What to look for in term of pe changes? Changes in policy towards property developers. For example allowing dibs, softening of policy restriction on two or more houses buying etc.

Top notch eco world also single digit pe, what to expect then for the rest....its sector outlook basically, and fund mgrs will avoid property sector as for now as well I think, and they are buying up all steel stocks.

Well, never the least, I guess property might return only after 2019, after a major crash in either China or UsA. For time being , ksl is real good pick for long term investor. But with no much dividend expectation and sector outlook bad, I will only have small position now.

Posted by VenFx > 2017-06-06 01:27 | Report Abuse

Haiyoh, buy big lar ...
When, Bone gor comment sure fly one.
Tot your points are valid.

Money speed louder.

Posted by paperplane2016 > 2017-06-06 01:52 | Report Abuse

If talk about above quality, low pe, lower than nta, there are just tons of them now in property sector. It is whether your view in near future good or bad, and when is the best timing to buy.

Give you an example, plenitude also crazily low valued. Net cash, single pe as well. Div ok and consistent. Mahsing, huaayang, etc....too many......shl. Tons, just tons of them. Unless it get a long term impact like steel, changes in govt policy, which is long term impact, else I guess not much motivation here,

I remember reading this before. Policy changes although won't be noticed overnight their impact, but it's impact is long term and can be huge. Policy changes always have long term and meaningful impact. React fast before results come.

Posted by VenFx > 2017-06-06 01:58 | Report Abuse

Pplane2016 , I cant comments against u.
I got to I totally agree to the points you point out.

Posted by paperplane2016 > 2017-06-06 07:12 | Report Abuse

Trade with theme trends. Just like last.time timber. If you all old enough to remember a stock, lingui. Last time I managed to triple in one year time. Really great moment. Steel is trend now for next 2 years. I guess it's safe to have steel.

Posted by 4444 > 2017-06-06 08:29 | Report Abuse

If cannot pay dividend meaning profit is fake. All money director sapu.

Posted by Nigel Low > 2017-06-06 09:01 | Report Abuse

nice gap up.

Posted by lcng123 > 2017-06-06 09:01 | Report Abuse

paperplane2016, don't simply comments without go thru the actual result. eco world pe is not single digits, but up to 20x.

Posted by lcng123 > 2017-06-06 09:04 | Report Abuse

let see ksl today's price... 1.31

Posted by kenneth89 > 2017-06-06 09:07 | Report Abuse

c can break 1.33 not

Posted by tklim > 2017-06-06 09:22 | Report Abuse

resistance 1.29.....see how lah......

Posted by bonescythe > 2017-06-06 09:38 | Report Abuse

Let you be boss ma paper

Posted by bonescythe > 2017-06-06 09:38 | Report Abuse

Not really all down.
Player like Paramount trading above PER x 10.. Property sector also

Posted by VenFx > 2017-06-06 09:57 | Report Abuse

Hehehe,
Pplane gor is asking Bone gor escalating Steel.
Would Bone gir escalate my EG ?
I speak straightly. Kiki

Posted by bumperProfit88 > 2017-06-06 10:08 | Report Abuse

wahaha.. I also want, can bone gor write a similar piece for symlife?
fy2017 pe 8.46 dividend 3.15%
unbilled sales ~1billion, fy2018 forward pe 6.33

Posted by paperplane2016 > 2017-06-06 10:31 | Report Abuse

i am buying though, since bone mentioned. hehe

Posted by bonescythe > 2017-06-06 10:37 | Report Abuse

Even LTH is buying

Posted by LA777 > 2017-06-06 10:40 | Report Abuse

Bone kor, what's your entry price, please?

Posted by pendekarbumi > 2017-06-06 10:45 | Report Abuse

if you compare with same market cap prop dev (around 1.3bil) ,LKS is only pe4 while MCT is 22 and LBS is 14.

Posted by chkhooju > 2017-06-06 10:47 | Report Abuse

Bone first promoted KSL on 6.2.17 when it was trading at 1.00. At 1.28 it has already gone up by 28 %

Posted by chkhooju > 2017-06-06 10:50 | Report Abuse

So, friends, what do you think Bone's entry price was? Reckon definitely below 1.00

Posted by wisdomtot > 2017-06-06 11:00 | Report Abuse

previous low only RM1.00... how to buy below 1.00...check the historical price..

Posted by bonescythe > 2017-06-06 11:10 | Report Abuse

Ya later promote again it will be starting at RM 1.50

Posted by bonescythe > 2017-06-06 11:10 | Report Abuse

Then again promote.. it is RM 1.70

Posted by bonescythe > 2017-06-06 11:10 | Report Abuse

Then again.. Oh.. RM2 already

Posted by sapari57 > 2017-06-06 11:18 | Report Abuse

KESM in the making

Posted by red_85 > 2017-06-06 11:53 | Report Abuse

I managed to buy at 1.0 when bone introduce that day midnight..that time i queue it early morning..matched..then 920am start fly..this time gap up directly

Posted by paperplane2016 > 2017-06-06 12:09 | Report Abuse

bone gor, come lah, join us back into the whatapp group. can chit chat, talk cock

Posted by bonescythe > 2017-06-06 12:54 | Report Abuse

i will think about it

Posted by kenneth89 > 2017-06-06 15:07 | Report Abuse

COMING = )

Posted by pendekarbumi > 2017-06-06 16:32 | Report Abuse

bone is selling to you guys who bought with emotion

Posted by paperplane2016 > 2017-06-06 22:04 | Report Abuse

Bone gor, the group ppl miss you lah. Hehe

Posted by Tom Chiew > 2017-06-06 23:12 | Report Abuse

i believe ksl really very undervalue. price is what we buy and value is what we expected to get.. i believe ksl will move soon... volume increasing and expected breakout

Posted by Ahboy1 > 2017-06-06 23:37 | Report Abuse

PE 3.95

Posted by gylai90 > 2017-06-07 00:10 | Report Abuse

With the call warrant out of the way.. KSK poised to move higher. Most undervalue property counter

Posted by tklim > 2017-06-07 09:18 | Report Abuse

1.29 resistance .......how?.....can breakout kah?

Posted by nemesis > 2017-06-07 09:53 | Report Abuse

It won't as they will press down the price again for certain parties especially LTH to accumulate at cheap price...It should hover around 1.20-1.25 for the medium term...

Posted by XXXvalue > 2017-06-07 10:54 | Report Abuse

calm and quiet...good time to accumulate.

Posted by Alex > 2017-06-07 11:18 | Report Abuse

this counter PE below 4. if this is listed in nasdaq terus limit up twice

Posted by Ste4dy15 > 2017-06-07 12:42 | Report Abuse

RNAV of about RM7.00, you won't lose in this counter with this price

Posted by Nigel Low > 2017-06-07 15:34 | Report Abuse

Managed to top up at 1.25 earlier.

Posted by Ste4dy15 > 2017-06-07 17:55 | Report Abuse

It is good for KSL to hover around 1.20-1.30 for the medium term...so that all of us can collect more and more until it finally fly to the sky...

Posted by tklim > 2017-06-08 08:38 | Report Abuse

1.29 is a hard nut to crack.......