Posted by Investeye > 2014-05-12 17:19 | Report Abuse

Sorry Buy 2 OR(rm0.34) & rm.50 x2=rm1.68 ->2 shares +1 warrant. So, is present share is rm0.70 then warrant aleast at rm0.28 (if the case similar to Tambun War, then price is lower)

Posted by AhMoi > 2014-05-12 17:25 | Report Abuse

expected warrant price 0.22... arbitrage gone wrong???

why?? how come?? how is this possible?? huh? huh??!!??

Posted by tonylim > 2014-05-12 19:19 | Report Abuse

ah moi. write more. i no school going

Posted by AhMoi > 2014-05-13 08:52 | Report Abuse

Write more? HaHa AhMoi blur blur one la.. AhMoi even confused tommylim as tonylim who have put on a lot of weight.... AhMoi is full of ???????

Posted by ryan7642 > 2014-05-13 09:38 | Report Abuse

Wow finally drop below 0.7 as my expectation:) hv to collect bullet n shoot in by tis wk or next wk fast liao^^

Posted by tonylim > 2014-05-13 12:56 | Report Abuse

Ah moi talk more can get cheaper than 68 yesterday

Posted by Investeye > 2014-05-13 13:40 | Report Abuse

As the warrant exercise price is RM0.70, so any price below Rm0.70 is a good opportunity (at least reasonable price). I expect the warrant will not more than RM0.20 else the mother share need to push up.

Posted by AhMoi > 2014-05-13 15:02 | Report Abuse

tonylim.... OIC, you have safed some bullets...

Posted by AhMoi > 2014-05-13 15:15 | Report Abuse

cheaper than 68.... emmmm..... can't fault you for lack of ambition. best of luck

Posted by AhMoi > 2014-05-14 07:46 | Report Abuse

a 6 for 8 rights issue, a whopping 75%, 75% more new shares will be available for sale very soon.... and the warrant too...

the selling pressure is going to last for awhile, for weeks, for months.... even years?

Posted by Investeye > 2014-05-14 14:27 | Report Abuse

New Shares and Warrants are expected to list on 16 May 2014, it is expected will put some selling pressure to the share price ( hopefully the impact is not strong). I will pick up further if the price is low.

Posted by AhMoi > 2014-05-14 16:00 | Report Abuse

what made you sold all at 0.77?? so smart

Posted by Investeye > 2014-05-14 23:12 | Report Abuse

i sold all balance at rm0.77, initially was rm0.79.
Share issue will dilute the share and can't cover by Langat project. so, better sold it and wait for another round. This is my 4 rounds within 2.5 years for AZRB. So. start to accumulate at low for 5th round.

Posted by AhMoi > 2014-05-15 10:17 | Report Abuse

4 rounds going into number 5, you must know AZRB very well, I follow you la... ; )

Posted by Tommylim > 2014-05-15 11:27 | Report Abuse

Bought additional 50k at 0.70 today. Tomorrow listing of warrant will jump start higher. Thank you

Posted by AhMoi > 2014-05-15 11:41 | Report Abuse

TOMORROW, TOMORROW is the day the new shares from the 6 : 8 rights issue, a whopping 75% more new shares will be available for sale.... and the warrant too...

the selling pressure is going to last for awhile, for weeks, for months.... for years?!!

Posted by Tommylim > 2014-05-15 12:19 | Report Abuse

I think theres a misconception here. The new shares and warrant only available to those subcribed to option rights. There is no delution but addtion. Thank you.

Posted by Investeye > 2014-05-15 13:29 | Report Abuse

There will be 206,598k new shares and 103,299k warrants will flood the market, so expected some shareholder will disposed to get some profit. interest to see the impact especially for next week and the week after.

Posted by tonylim > 2014-05-15 14:55 | Report Abuse

Let's see

Posted by AhMoi > 2014-05-15 15:23 | Report Abuse

sell and buy back at lower price later is always good

Posted by Tommylim > 2014-05-15 15:24 | Report Abuse

Lets see the impact tomorrow. I am aware if free warrants impact but in Azrb case, only those subcribe to option rights will be entitled. So the misconception of dilution is misplace. Thank you

Posted by HanSolo > 2014-05-15 15:26 | Report Abuse

thinking if i should enter to average down my modal. Earlier bought 15 lots @ 0.81. Anyone care to advice ?

Posted by AhMoi > 2014-05-15 15:37 | Report Abuse

Tommylim.. don't understand what you are saying, care to tell more??

Posted by Tommylim > 2014-05-15 16:23 | Report Abuse

Ahmoi, existing shareholders are not entitle for new shares and free warrants. It is only for those subscribe to option rights. Thank you.

Posted by splendid_ignorance > 2014-05-15 16:25 | Report Abuse

1. dilution effect already taken into account the day the shares went ex-rights for existing shareholders - hence, there is no reason for existing shareholders to sell cause the discounted rights shares are to compensate for the dilution effect on ex-rights
2. the rights was trading at a price of 0.30 for awhile. those that bought the rights would have spent 0.5 + 0.3 = 0.8 for 1 share and 0.5 warrant. assume warrant list at 0.15. so 0.5 warrant is 0.075. So they spent 0.8 for a share worth 0.7 and a warrant worth 0.075 at the moment. so they would be selling at a lost. why would they be selling?

then again, we shall see what happens tomorrow

Posted by Tommylim > 2014-05-15 16:28 | Report Abuse

Splendid, exactly. Appreciate your comprehensive explaination. Likewise, the reason I add 50K at 0.70. Thank you.

Posted by AhMoi > 2014-05-15 16:38 | Report Abuse

people in 1. still have profit at current price.... it is good to take profit

Posted by Investeye > 2014-05-15 17:03 | Report Abuse

Logically for those bought OR will not sell them but those with entitle for the OR may sell as they still gained RM0.20 (assume share price is RM0.70) + 0.5 Warrant. Just because they think i sell let say RM0.68 (gain RM0.18)and still got 0.5 Warrant... Y not.
So, let see what is human behavior What..may not 1 day but 1~ 2 weeks.

Posted by AhMoi > 2014-05-15 17:11 | Report Abuse

more or less the same as what I am thinking

Posted by Investeye > 2014-05-16 08:40 | Report Abuse

The AZRB-WA name is avaialable now. Let see how it perform!

Posted by splendid_ignorance > 2014-05-16 09:07 | Report Abuse

upwards with high volume for first 10 minutes. i don't see any dilution effect yet. should be aware that when warrant is on the market, there will be more incentive to push the mother

Posted by ming5301 > 2014-05-16 09:16 | Report Abuse

hi, what is the exercise pirce & period for WA ? thanks

Posted by CityTrader > 2014-05-16 09:16 | Report Abuse

Huat Arrrrr!!!!! Hahaha!!!! Those believe will huat !!1 Tonygor, U re the most huat liao... Congrats u

Posted by splendid_ignorance > 2014-05-16 09:18 | Report Abuse

exercise price 0.70. period 10 years

Posted by Tommylim > 2014-05-16 09:27 | Report Abuse

Like i said, its addtion not dilution. Thank you

Posted by kytan > 2014-05-16 09:30 | Report Abuse

warrant price maintain 0.305..hard to drop..every q to buy..hope mother can come back action again

Posted by hagi > 2014-05-16 09:34 | Report Abuse

Wa limit up already??

Posted by winston1 > 2014-05-16 09:34 | Report Abuse

Not bad. At 73 sen mother price now. Son no seller at .305.

Posted by Tommylim > 2014-05-16 09:36 | Report Abuse

AZRB according to my friends will be push to 1.00. Thank you.

Posted by Redarrow81 > 2014-05-16 09:40 | Report Abuse

for sure, RM1.00 will be azrb

Posted by ch > 2014-05-16 09:44 | Report Abuse

what news ?

Posted by ismail111 > 2014-05-16 09:44 | Report Abuse

Sape2 tahu.. Fair Value AZRB W ?

Posted by james70 > 2014-05-16 09:50 | Report Abuse

Congrats to those who bought the AZRB-or all the way to 35sen and exercised it (73sen*2+30.5sen-35sen*2-50sen*2=6.5sen). If you had bought the AZRB-or at 24sen, you are now sitting on a bigger profit of 28.5sen. I foresee the warrant touching 35sen this afternoon.

Posted by Mowwwa > 2014-05-16 09:52 | Report Abuse

Today still can buy wa at 0.305

Posted by BuLLRam > 2014-05-16 09:54 | Report Abuse

azrb..just fyi.. prv high rm1.14...

Posted by AhMoi > 2014-05-16 10:00 | Report Abuse

HaHa... looks like everybody is happy. I got my at 0685 too. didnt get those at 0680. anyway win win win

Posted by AhMoi > 2014-05-16 10:01 | Report Abuse

people here have valued the W at 22 sen.... so very wrong!

Posted by james70 > 2014-05-16 10:03 | Report Abuse

AhMoi, refer to my previous replies stating that the warrants are valued in the region of RM0.25-RM0.35 when it is listed. So I am vindicated.

Posted by dr_jogho > 2014-05-16 10:03 | Report Abuse

fair value for azrb is rm0.80

Posted by AhMoi > 2014-05-16 10:03 | Report Abuse

in the early morning people have sold the mother to switch to the W. good move.

but it is time to switch back to the mother... the W price is kinda high