This is because mother share 30% limit the value is higher than Warrant share 30% limit, end up the price difference is getting huge.... ya still worth to buy but i wonder how much left in the market for warrant? Seems like hard to finish one, i thought these 2 week should be a lot of investors convert it....
i think once you submit for conversion you are effectively blocked from trading the share you convert until it is listed as mother. correct me if i am wrong. you need to choose your timing to convert carefully
@Blackice everyone is rushing to convert to mother share due to the exponential negative premium
Even you deduct the 20 cents from the strike price, provided that the mother share hover above the Rm3 mark, you will still be making well over 50 cents a share @ Rm50 a lot for taking that 2 weeks of risk. Even that is not taking in account of the potential upside of HLT since kena goreng so much oredi this past week.
But still, if you are a newbie, I wud suggest you to not dip your hands into warrants. Warrants are a tool for investors, as they provide you leverage but with that comes tremendous risk, trade and invest at your own risk. Dont be too greedy, later spender pun hilang.
it will go on monday morning but whether can continue going up or not, is another question....anyhow this is just a healthy correction and hitting limit-up for the past 3 days i think
let us ask ourselves this question......will the party be over next week, next 2 weeks or next one month, next 3 months? if not, then continue buying and then hold it whenever you can until it reaches your TP
you will have the 0.45 price advantage on hand to ride through the 8 market days for the conversion.....yes, it might drop BUT if might go up further too....the question that everybody needs to ask themselves is " Is the bull party over next week or next month? " If you are able to answer this question and you will be able to know what to do next
@alfredychingwong, if you have 1000 unit share HLT-w, And you plan to convert 1000 unit HLT, you need to buy bank draft for RM200, plus another bank draft for RM20 to BURSA for processing fee. You may call 03-20849000 to request for the conversion form.
@progressive...it takes only 8 market days....buy HLT-WA today, get the conversion form, buy bank draft and submit to registrar...after that, wait for 8 market days
Do your homework before trading. This stock as reached the upper limits of its potential - those who got it just after March 15, if they invested heaps, and kept till now, would have made 5 fold. Look back at the charts and you will see. Now, there are a few factors against its meteoric rise and most obvious is the market getting more players. Also, it is seeking private placement for new glove manufacturing facilities - meaning it needs new funding. All said, whether it will continue along current path or not, a lot will depend on its new venture. I just hope the owners will look into areas to improve, especially on its investor relations. Not much is known. There had been so much speculation of its activities and what exactly is it doing?
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....
SimonJB
377 posts
Posted by SimonJB > 2020-08-05 22:30 | Report Abuse
the tel no for securities services, the registrar for HLT Global Berhad