Posted by koyak71 > 2013-12-19 11:53 | Report Abuse

this SW seems undervalue ? why this happen ?

Posted by koyak71 > 2013-12-19 19:18 | Report Abuse

sime ct price should be at 13 cent, why close at 0.105 cents?

Posted by passerby > 2013-12-19 19:27 | Report Abuse

the expiry date of Sime-CT is less than 2 week, it is norm for CW to trade in discount as the maturity date are getting closer

furthermore...Sime going ex on 23rd December 2013 for the dividend of 27sen....it looks likely the market have price in the dividend payment adjustment this coming 23rd December 2013....

Posted by koyak71 > 2013-12-19 20:46 | Report Abuse

Thanks passerby...so exercise price for sw-ct also adjusted right

Posted by passerby > 2013-12-19 21:54 | Report Abuse

you are welcome....unfortunately, i doubt the exercise price will be adjusted.

that is one of the set back to play warrant, whenever there is dividend payment, it will destroy the value of warrant

Posted by koyak71 > 2013-12-20 01:02 | Report Abuse

Thanks...hope the price mother share shoot up only at this point since good cpo price