Posted by charlie chia > 2016-07-25 21:20 | Report Abuse

Tomorrow last day for X
Huat lah

Posted by charlie chia > 2016-07-26 06:01 | Report Abuse

If X at 1.80
Sub divided will be 90 Cts o more
Warrant at least 60-70 Cts
Finger cross

Posted by UncleLim > 2016-07-26 08:22 | Report Abuse

Charlie,

This is how I see the calculations of mother price after split n warrant.

Assuming, it closes at RM1.80 , then you are correct that the price after split is simply RM0.90.

But because there is a free warrant on 1:2 basis AND because the warrant is in the money ( conversion price lower than market price), then :

(RM0.90 x 2 ) + RM 0.50 = RM2.30
Then RM2.30/3 = RM0.7667, or rounded down to RM 0.76, being the Opening reference mother share price.

Assuming , NO premium for the warrants, then the warrant should be listing at RM0.76- RM 0.50= RM 0.26

Checking the calculations:

2 shares ex split @ RM0.7667 + warrant price @ RM0.2667 + warrant conversion price @ RM0.50 = RM2.30

Intrinsically, there should not be any gain out of this exercise BUT due to the time value factor of the warrants ( 5 years to expiry), there usually is a premium accorded to the warrant price.

So, whether this exercise will be fruitful or not, really depends on the mother price after split but just before the listing of the warrants. Assuming it hits RM0.80 , then the warrants should list at RM0.30 + premium.

Good luck.

Posted by charlie chia > 2016-07-26 12:03 | Report Abuse

Uncle Lim

Thks for your clearly info

Let see tomorrow

Cheers

Posted by wumingxiaoshuai > 2016-07-27 14:19 | Report Abuse

why today drop so much??

Posted by SimonDino > 2016-07-27 16:52 | Report Abuse

omgeeee....why drop so muchhh

Posted by Izam_mahathir > 2016-07-27 18:41 | Report Abuse

Why droping like hell?anyone knows??

Posted by rookie95 > 2016-07-28 12:18 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=72460&name=EA_GA_ATTACHMENTS

Posted by wumingxiaoshuai > 2016-07-28 15:47 | Report Abuse

now can go in?

Posted by claricecmw > 2016-08-01 09:31 | Report Abuse

How come I don' see the free warrants yet in my portfolio...?

Posted by kymlym > 2016-08-01 17:04 | Report Abuse

I was wondering the same thing.

Posted by sunday > 2016-08-01 23:24 | Report Abuse

Free warrants will credit within 10 market days from 29/7 (b/c date)

Posted by charlie chia > 2016-08-02 11:57 | Report Abuse

Yeap, by mid August

Posted by charlie chia > 2016-08-03 14:41 | Report Abuse

moving a bit today

Posted by SimonDino > 2016-08-03 14:52 | Report Abuse

moving++++

Posted by charlie chia > 2016-08-03 16:32 | Report Abuse

Warrant is going to list next week

Posted by charlie chia > 2016-08-03 17:58 | Report Abuse

10 market days from X date

Posted by charlie chia > 2016-08-04 08:31 | Report Abuse

BursaNinja 91
Can share out HLIB repory

Posted by charlie chia > 2016-08-04 15:45 | Report Abuse

still quiet, no moving

Posted by charlie chia > 2016-08-04 21:59 | Report Abuse

Bursaninja91
Where is the announcement as indicated by you

Posted by charlie chia > 2016-08-05 13:01 | Report Abuse

Any news update

Posted by charles_cty > 2016-08-05 16:31 | Report Abuse

Kindly be advised that MINHO’s 109,851,000 Warrants issued pursuant to the Issuance of Free Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad ("Bursa Securities") and the listing and quotation of the Warrants on the Main Market under the "Industrial Product" sector on a "Ready" basis pursuant to the Rules of Bursa Securities will be granted with effect from 9.00 a.m., Monday, 8 August 2016.

The Stock Short Name, Stock Number and ISIN Code of the Warrants are "MINHO-WC", "5576WC" and "MYL5576WCV86" respectively

Posted by charlie chia > 2016-08-08 08:45 | Report Abuse

Warrant list today
Watch out

Posted by warrantKing > 2016-08-08 10:28 | Report Abuse

What is MINHO-WC exercise price ?

Posted by claricecmw > 2016-08-08 18:14 | Report Abuse

why is mother share so reddish. was hoping to see some rally on mother when the warrants get listed.

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

zzzz...slow counter...hopeless..better go to another counter..no money, create warrant to gain more capital.

Posted by claricecmw > 2016-08-11 16:38 | Report Abuse

thank you Supermax for the clear explanation. So looks like I am VERY stucked with the mother share then. Sob sob.

Posted by crawler > 2016-08-22 16:06 | Report Abuse

land revaluation soon will propel minho to the sky...:)

Posted by charlie chia > 2016-08-22 16:07 | Report Abuse

Are you sure or not

Posted by crawler > 2016-08-22 16:30 | Report Abuse

if you are not sure then go ask the director :)

Posted by crawler > 2016-08-22 16:35 | Report Abuse

Minho’s 100-acre landbank excludes its factory with storage shed, office and workshop which are situated on 145 acres of leasehold land.That leasehold expires in October 2045. Most of Minho’s land parcels have not been revalued since 2009, with one parcel last revalued in 1999, suggesting that they could be worth a lot more today.

Posted by crawler > 2016-08-22 16:35 | Report Abuse

go ask the director what they think :)

Posted by wakakaka88 > 2016-08-29 12:24 | Report Abuse

wah sai ...minho in property development...wakakakkaakka..nett cash company...wakakakakaka

Posted by crawler > 2016-08-29 15:32 | Report Abuse

selling more or is feeling rock bottom now? hohohoho....

Posted by crawler > 2016-08-29 15:33 | Report Abuse

landbank revaluation..landbank revaluation! landbank..bank bank..bank bank..hohohoho

Posted by crawler > 2016-08-30 12:01 | Report Abuse

tigress is waking up...

Posted by crawler > 2016-08-30 15:00 | Report Abuse

cantik tak....more to come...

Posted by crawler > 2016-08-30 15:01 | Report Abuse

that's why it never go wrong if you buy a money making business stock...hohohoho..

Posted by crawler > 2016-08-30 15:04 | Report Abuse

cheap cheap...you evaluate the stock not with the price but with the underlying biz and assets...hohohohoho

Posted by speculative > 2016-09-01 14:06 | Report Abuse

Now is the time to enter minho.. gogo..

Posted by crawler > 2016-09-01 14:20 | Report Abuse

Only Now you shout buy.. too late already hohoho

Posted by speculative > 2016-09-01 14:22 | Report Abuse

Hehe.. not too late yet.. just started.. at least I come from lower price..

Posted by crawler > 2016-09-01 15:25 | Report Abuse

kaboooom....boom booom.....hohohoho

Posted by crawler > 2016-09-01 16:56 | Report Abuse

minho minho minho! hohohohoho

Posted by crawler > 2016-09-06 22:57 | Report Abuse

if you have no patient then go away this counter is not for you..hohohoho

Posted by crawler > 2016-09-07 12:00 | Report Abuse

the cow is moo-ing ..thanks for selling that's why it moves now...hohohohoho

Posted by crawler > 2016-09-07 13:17 | Report Abuse

mooo mooo mooo.. hohohoho...you obviously dont know what you talking about...moooo mooo mooo...hohoho

Posted by crawler > 2016-09-19 14:39 | Report Abuse

K-A-B------O------O------------O---------------O---------------------O----M

Posted by crawler > 2016-09-20 09:47 | Report Abuse

hohohohohoho...booom booom...shake your boom boom....

Posted by YapYap > 2016-09-20 09:48 | Report Abuse

still can buy?