yeah I had a long time - actually I recommended sometime back - dun like to do that because I ain't no expert. The stock should have been easily 2.00 if not of Muhibah problems. but the liquidity is an issue - very thinly traded. but good stock - will be like wellcall - (the upwards) soon - missed well call when it was 1.50 was watching then up up really want to tiu myself hehe
WA: Strike price at 0.40. Not impossible. But time is running a bit short - 14/12/12. At 0.025 might be worth a shot although I'm not taking it (had already bought FGV-CN just now at 0.025 so tak berani nak add warrants at the moment).
what should we do during exercise of the WA? you'll need to fill up the exercise/conversion form. call up your remiser, they will furnish you the form. Apart from that, you need to prepare the cash / cheque for the exercise. in this case, it should be 0.40 per unit. submit the form & the cheque to your remiser , they will do the rest for you.
is it an automatic process for those warrant holders? it is not an automatic process, you'll need to decide to exercise it or not.
refer to Glomac thread, someone just exercised their glomac-wa recently
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....
roslany2k
3 posts
Posted by roslany2k > 2012-08-03 09:36 | Report Abuse
Anybody to share what Scomi-WA is doing?