Posted by sosfinance > 2014-03-24 14:57 | Report Abuse

Its like an option to the mother share. However, it expires in Mar 2015 (one year). Should the mother share goes up from 2.58 to 3.20, the price will swing from 19 sen to increase 60 sen to 79sen i.e. four times.

Posted by sosfinance > 2014-04-15 20:19 | Report Abuse

Exercise price 2.30 + 3(0.20) = RM2.90 vs Mother price RM2.74 (a premium of RM0.16 for up to January 2015 or 8 months). If within 8 months if mother shares goes to RM3.20, this CA should worth at least 30sen. Depends on the timing it reaches RM3.20. If it reach it by June, then it should be traded at a premium at 40sen to 60sen.

Posted by sosfinance > 2014-04-17 09:01 | Report Abuse

Exercise price + 3 (CAs) = 2.30 + 0.60 = 2.90
Today's price is RM2.75, only RM0.15 to go.

If the price exceed RM2.90, the CA price will goes up (1/3) of the mother price. Again, this is theory, because the conversion ratio is 3:1.

I think even at 20 sen, it is not high, because the premium is only 5%. Those who bought at RM0.165 is almost break-even.

Posted by Shanu N Apai > 2014-04-30 01:16 | Report Abuse

Buy