my calculation is right, i bought wd because i bet on mother will not be lower today,it happened that today mother up 2.5%. yes, wd is expiring but is on 22 nov. there are still few weeks to go. Reason i still opt wd is as i notice johotion-wa still following mother even it is very near to the last trading date which is on 3/11.
linges, i checked back the timeframe, yes, the sell down appeared after the lunch hour. but i have no idea the reason behind it. is this temporary or what ?
U can never be sure about warrants. They sometimes do not follow mother shares movement. Warrants are very unpredictable n their premium depends on the expiry dates. WD will expire soon less than a month. This maybe why it does not follow normal Movement as the mother. Good luck. That being said, nobody can predict with certain where expiring warrants will move. It's really just pure gambling now.
yes, i know warrant sometimes does not follow mother, but company warrant is different, wd has been following mother as i keep track the previous movement between mother and wd. i know the wd is expiring soon, but this is not call warrant, so no market maker will control movement of the wd. but what i found is when the announcement of "Expiry/Maturity of the securities" in the late afternoon, the price went down immediately. But why?
Muthu...i bought at quite high price...but not big amount..Quite huge paper lost...
me just hoping like others that there will be some ‘miracle’ happen in two weeks time..otherwise accept the realized losses...cool..part and parcel of stock game..
linges, actually i bought at 0.040 and sell half at 0.050 and half at 0.055 few days back, then i bought back again when it went down, but was surprise to see the movement today. if it really go opposite way from the mother, then i got no choice to sell it off.
linges, i have been studying warrant throughly for both call and company warrant. i know people tend to avoid warrant if it has less than 3 months expiry. but what i can tell you is johotin-wa is performing normal to mother share as u can see the movement last few weeks. therefore, i bought wd. but i did learnt something new today.
wd hanya akan naik apabila mother share break 1.70.seems like will be break today or this week.let see. I think somebody are collecting below 5 sen.It will be final show before expire.
Tips on buying call or company warrants 1. At least 3 months to expiry. Choose longer if can 2. Choose the lower exercise price if possible 3. Choose the lower premium 4. Try to get highest gearing
1,2 is easy to get 3,4 u will have to juggle
Remember warrants dun follow same rules. They are highly speculative n dangerous.
signn, WE is stable but it does not react much to mother on 27 n 28 oct. As WE rise lower than mother. but WD does better. Of all the tips u stated, i understood all. call warrant is like gambling style but company warrant is just like invest in mother share.
Linges, buy WCT mother now and treat it as you converted. For whatever amount WD you bought, buy the same mother. You get a discount of 4 cents and whatever price u paid for WD cost, just add it your mother cost.
Hold 1 to 2 years, I'm sure you will make back.
If price surge the next 2 weeks, and WD is at a large enough negative premium, sell mother and convert WD to lower your effective cost.
linges, i'm total shock to hear that. my hand are shivering now ! i cant imagine the loss u have to afford. But i see construction stocks are not performing well except gbgaqrs.
Posted by Muthusamy > Nov 7, 2017 11:48 AM | Report Abuse
signn, WE is stable but it does not react much to mother on 27 n 28 oct. As WE rise lower than mother. but WD does better. Of all the tips u stated, i understood all. call warrant is like gambling style but company warrant is just like invest in mother share.
reply from me: WE does not react much is becoz its X price is still high at rm2.08 however it will always have a premium until perhaps 1 year into its expiry.
yes call warrant is like gambling style but company warrants WILL behave like gambling style also when IT IS NEAR ITS EXPIRING PERIOD
please get this into your thick skull
i am hearing excuses only. your choice your own decision.
it is always painful to admit ones wrong n mistakes. your only choice is to pray for luck or cut loss when WD recovers a little bit
i can only say good luck to you. This happens to everyone including me. hence i buy CW with caution now.
@BornToSpeculate...looks very nice strategy!!...but i don't have much available fund, as just invested in Tenaga-C39 recently...even remiser asked me to consider to convert some.. have to think both option seriously.
@Muthu..even i realized WD huge loss...still my 2017 P/L would be green...so i would loss my hard-earn gain but not my capital...every trading is lesson for me :)
signn, then what do u say about johotin-wa ? it performs nicely towards mother even at the last trading date. btw, i'm not saying u are wrong. i'm more than happy if u can tell more experiences in your warrant trading or investing.
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....
coolinvestor
1,249 posts
Posted by coolinvestor > 2017-11-03 19:58 | Report Abuse
with about a month to go for WD it is certainly very very risky to hold on to it.
i would not certainly touch it unless it has at least 3months before expiring