Posted by moneySIFU > 2016-11-17 10:37 | Report Abuse

Thank you so much for your kind words, pputeh, it makes my days wonderful to read that. Hope we all make money in stock market

Posted by moneySIFU > 2016-11-17 10:38 | Report Abuse

Busy collect warrants & let MSC fly :)

Posted by moneySIFU > 2016-11-17 10:39 | Report Abuse

Price of warrant before special div announcement was RM1.25 :)

Posted by moneySIFU > 2016-11-23 16:07 | Report Abuse

Cheap sale, come papa here :)

Posted by moneySIFU > 2016-11-23 16:24 | Report Abuse

Collected RM1.23-1.24

Posted by funda > 2016-11-24 17:24 | Report Abuse

what happened? suddenly drop so much....
tmr see if can top up some at 1.15 :P

Posted by PlsGiveBonus > 2016-11-24 18:17 | Report Abuse

Director punishing punter
:)

Posted by Ryan88 > 2016-11-25 19:02 | Report Abuse

Moneysifu. Still buying or not ??

Posted by PlsGiveBonus > 2016-11-28 12:32 | Report Abuse

Can buy now?

Posted by PlsGiveBonus > 2016-11-28 12:34 | Report Abuse

Very risky warrant
I'd better stay sideway first
:)

Posted by hewiester > 2016-11-29 21:59 | Report Abuse

Is going to be a long correction .. I'll stay away and wait till it comes back down to $1 to $1.05 - bc recent hike has gone up too much, dividend for mother is in feb/march,

Posted by 明天会更好 > 2016-12-07 11:36 | Report Abuse

也许可以买一些放着，反正还有3年半

Posted by myportfolio > 2016-12-07 20:42 | Report Abuse

yeah - current price of $1.03 is still at premium. I agree $ 0.80 should be a good entry po int

Posted by LA777 > 2016-12-09 16:33 | Report Abuse

Bought at 1.12 today.

Posted by LA777 > 2016-12-09 16:36 | Report Abuse

Added more at 1.15.

Posted by IamGoogle > 2016-12-09 21:25 | Report Abuse

Good show today :)

Posted by LA777 > 2016-12-13 17:01 | Report Abuse

Well done! :)

Posted by moneySIFU > 2016-12-29 11:17 | Report Abuse

It's matter of time for mother share to reach RM3 & warrant at RM2

Posted by Ryan88 > 2016-12-29 20:24 | Report Abuse

But drop more than up...

Posted by abangadik > 2017-01-03 16:43 | Report Abuse

BB shopping...

Posted by moneySIFU > 2017-01-17 17:06 | Report Abuse

Very happy, RM2 is coming

Posted by gabriel1985 > 2017-01-17 17:10 | Report Abuse

moneySIFU, you are greedy. Haha

Posted by Ang Kian Teck > 2017-01-17 17:14 | Report Abuse

a good holding for this warrant. Thx moneysifu recommend

Posted by LA777 > 2017-01-17 18:13 | Report Abuse

Wow! Amazing, up 11% today, so happy for everyone.

Posted by IamGoogle > 2017-01-18 11:30 | Report Abuse

Moneysifu posted at mother share forum

Posted by moneySIFU > Nov 28, 2016 02:49 PM | Report Abuse
Another example from Sunway Berhad in relation to the special dividend declared in 2015:

NOTICE TO WARRANT HOLDERS IN RELATION TO THE ADJUSTMENT TO EXERCISE PRICE OF OUTSTANDING WARRANTS
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4887025

Posted by IamGoogle > 2017-01-18 11:30 | Report Abuse

Posted by moneySIFU > Nov 28, 2016 02:47 PM | Report Abuse
the adjustment on exercise price for special dividend:

NOTICE TO WARRANTHOLDERS IN RELATION TO THE ADJUSTMENT TO THE SUBSCRIPTION PRICE OF WARRANTS 2006/2016 OF TANJUNG ("WARRANTS A") PURSUANT TO THE TAX-EXEMPT SPECIAL DIVIDEND OF RM0.44 PER ORDINARY SHARE OF RM0.50 EACH IN TANJUNG
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4240665

Posted by IamGoogle > 2017-01-18 11:30 | Report Abuse

Based on following formula & current mother's price RM2.61, the adjustment to warrant exercise price = 12 cents
Exercise price will be adjusted down from 1.35 to 1.23.

Posted by moneySIFU > Nov 13, 2016 18:51 | Report Abuse
1.35 x [( 2.50 - 0.25 ) / 2.50 ] = 1.215
rounding up, the exercise price will be RM1.22

Posted by PlsGiveBonus > 2017-01-18 14:34 | Report Abuse

@@
10b project in hand
No one can get this big project till date

Posted by Risk Rider > 2017-01-19 11:28 | Report Abuse

Adjusted mother share price = 2.62 - 0.25 = RM2.37

Warrant value = Adjusted exercise price RM1.22 + current market price RM1.35 = RM2.57

Premium = 2.57/2.37 = 8.4%

Warrant with 2.5 years to go for a growth company, it is steal with premium of less than 25%.

Posted by blacksnake > 2017-01-19 17:58 | Report Abuse

i duno why exercise price -12sen not -25sen ?

Posted by Jay > 2017-01-20 10:47 | Report Abuse

that's the formula to reflect a smaller entity after special dividend. adjustment cannot be made 1 on 1 because 25 sen is 9.5% of 2.62 but is 18.5% of 1.35

Posted by Jay > 2017-01-20 10:50 | Report Abuse

that's one of the major downside of investing in warrants when company is generous with dividend. at least special dividend there's adjustment on exercise price, normal dividend there isn't even any adjustment. but investing warrants you get higher leverage, so pros and cons. warrant premium might expand once all dust and settled, after all it's still an uptrend stock with 2.5 years to maturity

Posted by IamGoogle > 2017-01-20 10:58 | Report Abuse

Yummy

Posted by IamGoogle > 2017-01-20 11:03 | Report Abuse

Warrant is always higher return with higher risk things. If it is warrant for public bank, better avoid, because public bank paying lots of dividends every year. But Ekovest has been paying quite a nominal dividends annually.

Special div is only thing happened once in the blue moon, you not even can see this kind of things happened elsewhere easily.

Jay is correct, when the dust has settled, warrant will be a good alternative tool to ride on the growth of Ekovest with 2.5 years to go.

Posted by blacksnake > 2017-01-20 12:29 | Report Abuse

Thanks you Jay for your explain............ WB start to reduce the premium............ i think Dato Haris also disposal WB............

Posted by IamGoogle > 2017-01-23 11:55 | Report Abuse

Ekovest closed on 30/12/2016 @ RM2.38
Ekovest WB closed on 30/12/2016 @ RM1.17

As at 20/1/2017
Ekovest up 25 cents @ RM2.63 => GAIN 10.5%
Ekovest WB up 18 cents @ RM1.35 => GAIN 15.4%

Posted by IamGoogle > 2017-01-23 12:07 | Report Abuse

If balancing carefully between the mother share & warrant, you may get the better result out of your investment fund.

Posted by moneySIFU > 2017-01-23 16:58 | Report Abuse

CIMB Margin Department has removed the ceiling price for warrant. The ceiling price was capped at RM0.59 previously.

Posted by undertaker > 2017-01-23 18:09 | Report Abuse

moneysifu really? When u get this info?

Posted by moneySIFU > 2017-01-23 23:26 | Report Abuse

Hi undertaker, I am using their share finance facility, it was just confirmed today. It is for CIMB share margin facility internal setting.

Posted by undertaker > 2017-01-24 09:08 | Report Abuse

Oic! That's great!

Posted by angsp > 2017-01-24 10:58 | Report Abuse

still confuse your calculation, may i know how far the price will drop or stay ?

Posted by funda > 2017-02-06 17:49 | Report Abuse

look at the percentage bro... how can compare orange with apple.

Posted by hewiester > 2017-02-06 17:57 | Report Abuse

meet my TP - SOLD ALL today

Posted by IamGoogle > 2017-02-07 00:28 | Report Abuse

Prices @ 1/1/2017:
Ekovest = RM2.38
Ekovest Warrant = RM1.17

Prices @ 6/2/2017:
Ekovest = RM2.81
Ekovest Warrant = RM1.49

Gain:
Ekovest = 18.1%
Ekovest Warrant = 27.4%

Posted by vcheekeong > 2017-02-07 08:11 | Report Abuse

Miss Warrant! Still can go in?

Posted by Jay > 2017-02-07 09:37 | Report Abuse

mother's strong run should sustain at least until entitlement date for special dividend and share split. warrant should track mother's price

Posted by moneySIFU > 2017-02-13 22:12 | Report Abuse

Pursuant to the Share Split, up to 183,310,470 additional Warrants 2014/2019 will be issued and allotted to the holders of Warrants 2014/2019. The exact number of Additional Warrants to be issued and allotted will depend on the number of outstanding Warrants 2014/2019 as at the entitlement date of the Share Split. Any fractional number of additional Warrant 2014/2019 arising from the Share Split will be disregarded and will be dealt with in such manner as the Board of Directors of Ekovest in its absolute discretion deems fit or expedient and in the best interest of Ekovest. The existing exercise price of the Warrants 2014/2019 of RM1.35 each will be revised to RM1.20 each after the Special Dividend and then subsequently to RM0.48 each after the Share Split.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5335901

Posted by moneySIFU > 2017-02-13 22:14 | Report Abuse

Based on today's prices:

Mother = 2.85-0.25=2.60 x2 /5 = 1.04

Warrant = 1.54 x2 /5 = 0.62
Warrant exercise price = 1.35-0.15 = 1.20 x2 /5 = 0.48
Warrant conversion cost = 0.62+0.48 = 1.10

Premium = 1.10/1.04 = 5.8%

Posted by IamGoogle > 2017-02-13 22:32 | Report Abuse

Thanks for sharing, moneysifu.