Posted by lawrencelim > 2012-12-27 00:04 | Report Abuse

If a lot of people sell off after exercise of warrant, then it may temporary fall. Market forces may bring it back to current or higher price.

Posted by chuanyit > 2012-12-27 10:41 | Report Abuse

lawrence, do you mean the wb warrants are not traded closer at its theoretical value as the market still not sure what's the real market price of the mother shares after exercise of warrants?

Are the WB expected to be exercised a lot after bonus issue?

Posted by lawrencelim > 2012-12-27 21:31 | Report Abuse

yes. correct. the wb volume is still consider high. the deadline will be until april next year. someone has to exercise those volume in order to clear the volume. not all will keep wct share for long time.

Posted by lawrencelim > 2012-12-27 21:34 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1158949

WCT-EXERCISE OF 1,204,000 WARRANTS 2008/2013 ("EXERCISE")

LISTING'S CIRCULAR NO. L/Q : 66823 OF 2012

Kindly be advised that the abovementioned Company’s additional 1,204,000 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00a.m., Monday, 31December 2012.

Posted by lawrencelim > 2012-12-27 21:38 | Report Abuse

wct need to have some volume to cover the additional shares which might be disposed off...

Posted by Nikmon > 2012-12-28 15:50 | Report Abuse

just submit my application, and i saw a big thick application form on the table....more coming.

Posted by smartly > 2012-12-28 15:53 | Report Abuse

mean more down side for WCT ?

Posted by Vincent_737 > 2012-12-28 16:43 | Report Abuse

should keep WCT-WB or sell it off?

Posted by lawrencelim > 2012-12-28 17:16 | Report Abuse

see the first wave on next monday first. logically, those converted warrants will be sold on monday. If WCT has sufficient buying interest then it can sustain the price

Posted by hoohaa > 2012-12-28 17:23 | Report Abuse

@lawrencelim Ppl can be seen more interested in WD compared to WB

Posted by reyes430 > 2012-12-28 17:37 | Report Abuse

Hi lawrence, what u mean is, those people who converted their warrant into mother share are disposing the mother share now? right?

Posted by lawrencelim > 2012-12-28 17:53 | Report Abuse

the first wave of warrant "wb" on new exercise price is only granted to trade on next monday. Those share might be disposed off at reasonable price.

Posted by lawrencelim > 2012-12-28 17:56 | Report Abuse

WD is still new to the market. Interest should be there for quite some time. People won't convert WD now as it is more valuable to sell WD rather than convert.

Posted by messibarca > 2012-12-29 05:56 | Report Abuse

wb how come not more uptrend ?

Posted by quyen850906 > 2012-12-29 06:03 | Report Abuse

lawrence, can u help explain detail of announcement on 27 Dec u publish.thanks

Posted by lawrencelim > 2012-12-29 09:28 | Report Abuse

that is the 1st batch of warrant wb that has been exercised at RM1.85. Those newly additional shares will be traded on 31/12/2012, next monday. Those newly added shares might be disposed off based on the current trend as wb is sold at discount.

Posted by lawrencelim > 2012-12-29 09:32 | Report Abuse

wb will likely reflect the fair value after maybe 2nd to 3rd batches of exercise of wb. If after the 1st batch exercise, share price drop, it may affect confidence of holding wb, resulting in further drop.

Posted by lawrencelim > 2012-12-31 22:52 | Report Abuse

WCT-EXERCISE OF 1,000,000 WARRANTS 2008/2013 ("EXERCISE")
WCT BERHAD

LISTING'S CIRCULAR NO. L/Q : 66843 OF 2012

Kindly be advised that the abovementioned Company’s additional 1,000,000 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00a.m., Thursday, 3 January 2013.

Posted by reyes430 > 2012-12-31 23:19 | Report Abuse

Hi Lawrence, why do you think that "wb will likely reflect the fair value after maybe 2nd to 3rd batches of exercise of wb" ? So now the Wct share price is not stable due to the sell down of those people who exercise WB at 1.85 right?

Posted by lawrencelim > 2013-01-01 08:55 | Report Abuse

It is one of the factors that should consider. WB selling volume is still considered high... 2nd batch new shares will be traded on this Thursday, see how it progress... if it fall below RM2.32 (the lowest price since ex-bonus issue), it may lead to further drop.

Posted by lawrencelim > 2013-01-01 08:59 | Report Abuse

Theoretically, investor will sell as from the past trend there is no dividend declaration in 1st quarter. Investor will have sufficient time to wait for the conversion.

Posted by lawrencelim > 2013-01-03 13:00 | Report Abuse

WCT-EXERCISE OF 1,668,100 WARRANTS 2008/2013 ("EXERCISE")
WCT BERHAD

LISTING'S CIRCULAR NO. L/Q : 66849 OF 2013

Kindly be advised that the abovementioned Company’s additional 1,668,100 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00a.m., Friday, 4 January 2013.

Posted by necro > 2013-01-03 13:10 | Report Abuse

JATUH LAGI NTI PUNT PUNT WCT WD

Posted by nikmon > 2013-01-03 14:12 | Report Abuse

everyday also have warrant exercise

Posted by Vincent_737 > 2013-01-08 22:11 | Report Abuse

up up up to RM0.45

Posted by lawrencelim > 2013-01-09 15:18 | Report Abuse

congrats to those who hold on wb....

Posted by Karen Lau > 2013-01-09 15:26 | Report Abuse

now sell or hold?

Posted by anulus81 > 2013-01-09 15:27 | Report Abuse

heading to 0.45...despite conversion mil of mother share everyday...

Posted by anulus81 > 2013-01-09 16:28 | Report Abuse

value now should be RM0.60!!!!

Posted by Vincent_737 > 2013-01-09 17:21 | Report Abuse

Tomoro up to RM0.50

Posted by willian88 > 2013-01-09 22:25 | Report Abuse

Hope so....

Posted by vincent_737 > 2013-01-10 04:26 | Report Abuse

May be even better now value of It is RM0.56

Posted by talk2pkc > 2013-01-10 04:50 | Report Abuse

Certain Directors disposed their shares recently n cash in my today too , maybe might come back when it drop back to 0.34 ish , ma .......

Posted by quyen850906 > 2013-01-10 06:23 | Report Abuse

if drop back 34, still keep buy, it is really great offer

Posted by talk2pkc > 2013-01-10 07:51 | Report Abuse

On what basis , quyen ??? Had done few rounds over the last 9 mths plus n not sure there are more further good news ???

Posted by Nikmon > 2013-01-17 18:59 | Report Abuse

no more discount...

Posted by quyen850906 > 2013-01-17 19:06 | Report Abuse

still great discount if u dare to buy.

Posted by tc2012 > 2013-01-17 21:22 | Report Abuse

not attractive anymore.Just have 3 cents of buffer

Posted by messibarca > 2013-01-18 11:12 | Report Abuse

how u calculate tc2012?

Posted by tc2012 > 2013-01-18 11:48 | Report Abuse

WCT mother = 2.31
ex price WB = 1.85
WB intrinsic value = 2.31 - 1.85 = 0.46
WB price = 0.43
premium = 0.46 - 0.43 = 0.03

Posted by Ooi Teik Bee > 2013-01-18 11:52 | Report Abuse

It is at discount, not premium.

Thank you.

Ooi

Posted by Nikmon > 2013-01-20 11:20 | Report Abuse

it take at least 2 week to complete conversion, 3sen buffer may gone in 1 trading days..lol

Posted by necro > 2013-02-07 10:29 | Report Abuse

Clap clap

Posted by shukriechek > 2013-02-21 16:33 | Report Abuse

A good buy below 0.30

Posted by martiniclub7 > 2013-02-21 17:18 | Report Abuse

Wait for 0.25!! Lol

Posted by anbz > 2013-03-13 22:35 | Report Abuse

hei martin 0.25? now 0.39 ... he he

Posted by nikmon > 2013-03-18 18:59 | Report Abuse

Less than 13 days for trading

Posted by nikmon > 2013-03-27 00:32 | Report Abuse

Wah, the price so high now..

Posted by benlumkk > 2013-04-01 16:52 | Report Abuse

is the expired date on 22/4?

Posted by nikmon > 2013-04-03 03:49 | Report Abuse

Yes, but it will stop trading after 4/4