SOLARVEST HOLDINGS BERHAD

KLSE (MYR): SLVEST (0215)

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Last Price

1.57

Today's Change

-0.05 (3.09%)

Day's Change

1.55 - 1.61

Trading Volume

3,088,000


6 people like this.

4,829 comment(s). Last comment by kevinobc 2 weeks ago

gemfinder

6,880 posts

Posted by gemfinder > 2021-01-27 17:24 | Report Abuse

wait for bonus n free son

lfccrew84

236 posts

Posted by lfccrew84 > 2021-01-27 17:36 | Report Abuse

Hold tight lah..uptrend counter u sell only u rugi!

Dakewlest

1,755 posts

Posted by Dakewlest > 2021-01-27 17:43 | Report Abuse

I bought at RM2.75. Too high? I target RM3 this friday...

Jingweihan

1,605 posts

Posted by Jingweihan > 2021-01-27 18:05 | Report Abuse

No sell yet

geary

6,354 posts

Posted by geary > 2021-01-27 18:43 | Report Abuse

Stock: [SLVEST]: SOLARVEST HOLDINGS BERHAD
Jan 26, 2021 8:18 PM | Report Abuse

Flyinghorse TP 3.00 coming......!!!
26/01/2021 7:44 PM.
(θ‿θ)

lfccrew84

236 posts

Posted by lfccrew84 > 2021-01-27 18:55 | Report Abuse

Whoever i asked if my entry price was high, thank you for convincing to get in while the price was still under rm 2.
Uptrend of this counter is intact and probably will only start consolidating higher and higher..Buy on dips

More good news next week with the warrant and BI announcement and overall good sentiment of the RE market. Invest in the future. Hold tight. Enjoy the break tmr

MF0001

932 posts

Posted by MF0001 > 2021-01-27 19:21 | Report Abuse

ONLY SOZHAIS KEEP QUESTIONING~

VERY EXPENSIVE OH!

VERY HIGH OH!

VERY CANNOT GO UP OH!

VERY OVERBOUGHT OH!

OH YOUR NEH NEH POK LARH~

GOOD QUALITY COMPANY > GOOD QUALITY BOSS > GOOD FA~

I HOOT9E HERE OSO NO REGRET LARH~

I DAMN REGRET IS ONE!

BUY VSOLAR~

MA QIU CI PET WASTE MY TIME THERE~

SLVEST - SAMAIDEN - CYPARK WORTH THE MONEY!

888!

HOOT9E!

ANG PAU

ONG

HENG

HUAT

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

Toplove888

245 posts

Posted by Toplove888 > 2021-01-27 19:30 | Report Abuse

Slyvest Friday rm3 steady all the way to sky

Dakewlest

1,755 posts

Posted by Dakewlest > 2021-01-27 19:43 | Report Abuse

MF0001, why so angry? Tanya pendapat je pun. Chill bro.

toto

1,421 posts

Posted by toto > 2021-01-27 19:49 | Report Abuse

Warrant ex first ? Then bonus issue ex later???

ampabella

1,378 posts

Posted by ampabella > 2021-01-27 19:55 | Report Abuse

Bulldog, hor sei leow, see u at rm3

MF0001

932 posts

Posted by MF0001 > 2021-01-27 20:14 | Report Abuse

STEADY~

WAIT UPSIDE POTENTIAL ONI~

anzhsb

381 posts

Posted by anzhsb > 2021-01-27 20:18 | Report Abuse

wish all happy deepavali !! rememeber class start at friday 9am .. come and take your another 17%

Posted by Innerpeacee > 2021-01-27 20:49 | Report Abuse

@anzhsb

Yamazaki 25 I save it for Slvest sampai RM5
For the time being only could afford one bottle hoegaarden. Hahahha. Cheers!

BearishTrend

1,296 posts

Posted by BearishTrend > 2021-01-27 20:57 | Report Abuse

Hope will fly above Rm3

cchcch

258 posts

Posted by cchcch > 2021-01-27 21:00 | Report Abuse

PE already 90 over. It is logical in the solar business to continue to grow because there are no competitors and the company is enjoying continuous profit that justified the close 100 PE. It is a very high tech and niche market in solar industry. Think about that.

SUPERMONEY

341 posts

Posted by SUPERMONEY > 2021-01-27 22:18 | Report Abuse

Hope US mkt weak sentiment are temporary as shown in pre mkt now dont cause any big effect on Friday.

lhakim

61 posts

Posted by lhakim > 2021-01-27 23:17 | Report Abuse

Slvest propose 1:2 bonus issue & warrants 1:4 at Rm1. So based on last Slvest price RM2.75 later adjusted price will be at 2.16. Current price already too high considering exercise price RM1.

The warrant will be at RM1.75 based on current price so roughly will earned 43cent per share after divided by 4.

2.16 & 0.43 total up = 2.59.

So making lost if you buy at current price to entitle for bonus & warrant. Remember that bonus & warrant is term used. It still investor money that was split or group together.

Its not like Kpower that exercise at 2.50 and Scib at 1.77. I hope revised the exercises price higher than current RM1.00

If you a trader going to make big buck just ride the trend. It may go way past rm3 if everyone push it up.

Btw please correct me if I'm wrong. This is based on my understanding. It may not be right.

Ny036

715 posts

Posted by Ny036 > 2021-01-27 23:36 | Report Abuse

i thought the warrant ex price is 1.5?

Ny036

715 posts

Posted by Ny036 > 2021-01-27 23:39 | Report Abuse

Posted by humble1102 > Jan 22, 2021 12:28 PM | Report Abuse

The Warrants will be issued at no cost to the Warrants Entitled Shareholders.
The exercise price of the Warrants is fixed at RM1.50 each after taking into consideration the
following:
(a) the historical price movement of Solarvest Shares;
(b) the 5D-VWAP of Solarvest Shares and prevailing market conditions; and
(c) the future funding requirements of Solarvest Group.
The exercise price of the Warrants of RM1.50 represents a discount of approximately 22.2%
to the 5D-VWAP of Solarvest Shares up to and including LPD of RM1.9274 per Share. The
exercise price of the Warrants was set at a discount as the purpose of the Proposed Bonus
Issue of Warrants is to reward Solarvest shareholders for their continued support.
For illustrative purposes, the theoretical ex-price of Solarvest Shares for the Proposed Bonus
Issue of Warrants, computed based on the 5D-VWAP of Solarvest Shares up to and including
the LPD of RM1.9274 per Share, is RM1.8419 per Share. The exercise price of the Warrants
of RM1.50 represents a discount of approximately 18.6% to the said theoretical ex-pric

amet2017

3,150 posts

Posted by amet2017 > 2021-01-27 23:39 | Report Abuse

PE too high around 90 vs sector average of around 30. Next qr earnings needs to be very good. But in klse, it is still ok as a lot of counters are overvalued and goreng to sky high price. Just carefully observe the chart and ride the goreng sentimen.

zoomsbooms

783 posts

Posted by zoomsbooms > 2021-01-27 23:52 | Report Abuse

Ex price WA will be pegged to the share price before or after BI? Can't really understand how the mechanism of setting up the ex price..

lhakim

61 posts

Posted by lhakim > 2021-01-27 23:58 | Report Abuse

Sorry didn't read through the documents. It stated RM 1.00 at page (i) but RM1.50 on page 4 onwards

gemfinder

6,880 posts

Posted by gemfinder > 2021-01-27 23:59 | Report Abuse

1.50 la exercise px

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-01-28 06:40 | Report Abuse

marching towards 3.00 tomorrow????

lhakim

61 posts

Posted by lhakim > 2021-01-28 08:03 | Report Abuse

So with current price the warrant listing price will be 2.75 - 1.5 = 1.25?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-28 08:44 | Report Abuse

Happy Thaipusam....!

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 09:14 | Report Abuse

Any sifu can work out the warrant price and mother price after ex-date???
This case may be difficult as warrant bonus would have to be issued first before share bonus.
Sifu please share.

Ny036

715 posts

Posted by Ny036 > 2021-01-28 09:18 | Report Abuse

ini counter kasi u makan sikit dulu(warrant bonus), later give you more boost to the price for mother share with bi
at the end warrant price also will shoot up.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2021-01-28 09:19 | Report Abuse

omg DJ .... better sell

Ny036

715 posts

Posted by Ny036 > 2021-01-28 09:32 | Report Abuse

klse is always opposite dj up klse down amd vice visa

SUPERMONEY

341 posts

Posted by SUPERMONEY > 2021-01-28 09:42 | Report Abuse

tonight if dj still closes deep red then be cautious. it could be a knee jerk reaction for tomorrow since there is bonus/warrants play. hope DJ closes greens tonight.

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 09:56 | Report Abuse

hengsame Any sifu can work out the warrant price and mother price after ex-date???
This case may be difficult as warrant bonus would have to be issued first before share bonus.
Sifu please share.
28/01/2021 9:14 AM

SIFU PLEAS SHARE

hakubasnow

263 posts

Posted by hakubasnow > 2021-01-28 10:38 | Report Abuse

@lhakim
Slvest propose 1:2 bonus issue & warrants 1:4 at RM1. So based on last Slvest price RM2.75 later adjusted price will be at 2.16. Current price already too high considering exercise price RM1.

I think you have no idea what you're talking about, the exercise price has already fixed @ RM1.50.
The RM1.00 exercise price that you kept repeating is due to the fact Solarvest will make adjustment from bonus issue that ensue after the completion of free warrants

It stated so very clearly in the circular to the shareholders :

Subject to the provisions of the Deed Poll, the Exercise Price
and/or the number of unexercised Warrants held by each Warrant
holder shall be adjusted by the Board in consultation with an
approved adviser appointed by the Company and certified by the
auditors of Solarvest in the event of alteration to the share capital
of the Company, capital distribution or issue of shares in
accordance with the provisions of the Deed Poll.

Sample calculation :

## Solarvest Free Warrant ##
* Free Warrants 1 for 4
* Exercise price @ 1.50
Assume that closing on cum date = 3.20
Free warrants theoretical price = 3.20 - 1.50 = 1.70

After the completion of free warrants Solarvest will
then announce the ex-date for Bonus Issue

## Solarvest Bonus Issue ##
* Bonus Issue 1 for 2
* Exercise price @ 1.00

Assume that closing on cum date = 3.30
Calculation for 1 for 2 bonus
( 3.20 x 2 existing shares ) / 3 ( 2 existing shares + 1 bonus )
6.40 / 3
Theoretical Ex-Bonus price = 2.13

Let say Solarvest warrants price is still at 1.70 after bonus issue, the warrants are no longer
in the money

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 10:49 | Report Abuse

,,,Snow, the exercise price @1.00 not taken into considerations in your above explanation.
Please elaborate.
Please share

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 10:55 | Report Abuse

Hi... Snow, for bonus issue of mother share, at the same time there should be adjustment in exercise price of warrant (which is at @1.50) and warrant price ???
Please share

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 10:59 | Report Abuse

Hi .....Snow, exercise price of warrant of 1.5 should be adjusted to 1.5x2/3 =1.00
and warrant price of 1.7 adjusted to 1.7x2/3 =1.33
Pls share your ideas

TreeTopView

1,352 posts

Posted by TreeTopView > 2021-01-28 11:13 | Report Abuse

ffs guys, you are tying yourself up in knots!!

Just read the details of the proposal.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=109906&name=EA_GA_ATTACHMENTS

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 11:18 | Report Abuse

SIFU ....SNOW, PLEASE HELP

hakubasnow

263 posts

Posted by hakubasnow > 2021-01-28 11:26 | Report Abuse

On ex-date for Solarvest bonus issue the warrant will be adjusted from RM1.50 to RM1.00, this has already confirmed in the circular. But for the warrants price I don't think it's should be called as "adjusted" theoretically like you worked out using a formula.

Like in the case of Jaks-WB on ex-date of the right issue the warrant price was adjusted from 0.64 to 0.34 and the price dropped from 0.485 (cum date on 23/10/21) to 0.35 (ex-date).
There's no formula per se to specify the actual ex-date price.

Same also for Public Bank Structured Warrants like PBB-C55, I bought at 0.22 a week before ex-date, the exercise price was stated to be at RM18 but on Public Bank ex-date the exercise price is adjusted or revised to RM3.60, and I sold mine at above 0.30. There is no theoretical price despite the changes in the exercise price.

Ny036

715 posts

Posted by Ny036 > 2021-01-28 11:34 | Report Abuse

On ex-date for Solarvest bonus issue the warrant will be adjusted from RM1.50 to RM1.00,
hakubasnow: is this mean it will be a better pricing for the warrant upon listing?

hakubasnow

263 posts

Posted by hakubasnow > 2021-01-28 11:45 | Report Abuse

@LimKK24 When the company make an announcement on the entitlement, the ex-date for the free warrants will come first and after all completed then they announce the ex-date for bonus issue. More or less like SCIB, but in Solarvest case it's free warrants followed by bonus issue.

lhakim

61 posts

Posted by lhakim > 2021-01-28 11:47 | Report Abuse

Thanks @hakubasnow for details explaination. Confusing myself with 1.50 & 1.00 between warrant & bonus issue adjusted price.

So do you think with current Slvest price is it still worth to chase the mother to get free warrant?

Any idea on ex date for warrant & bonus issue as on Slvest latest announcement back in 22th Jan they will only conduct meeting on 5th Feb to decide on their proposal.

hakubasnow

263 posts

Posted by hakubasnow > 2021-01-28 11:49 | Report Abuse

@Ny036 Hard to say how the price will trend, like I said earlier JAKS-WB price dropped from 0.485 before ex-date to lowest of 0.23 after ex, but come up again to above 0.40, all will depend on the performance of the mother share.

Ny036

715 posts

Posted by Ny036 > 2021-01-28 11:50 | Report Abuse

ini share ex price lagi rendah lagi bagus leh, ini counter blh main dan simpan dulu?

anzhsb

381 posts

Posted by anzhsb > 2021-01-28 11:53 | Report Abuse

@Innerpeacee
when it hit RM5 please give me your address, I buy you a bottle of yamazaki 25 years !!


Posted by Innerpeacee > Jan 27, 2021 8:49 PM | Report Abuse

@anzhsb

Yamazaki 25 I save it for Slvest sampai RM5
For the time being only could afford one bottle hoegaarden. Hahahha. Cheers!

hakubasnow

263 posts

Posted by hakubasnow > 2021-01-28 12:03 | Report Abuse

@Ihakim
You can refer the timeframe Solarvest made availble in the circular to the shareholders

ESTIMATED TIMEFRAME FOR COMPLETION
The tentative timetable in relation to the Proposals is as follows:

* February 2021 EGM to approve the Proposals
* February 2021 Announcement of the Warrants Entitlement Date
* March 2021 Listing of and quotation for the Warrants
* April 2021 Announcement of the Bonus Shares Entitlement Date
* May 2021 Listing of and quotation for the Bonus Shares and Additional Warrants

If they were to announce after trading on 05/02/21 then the ex-date will be sometime in the last week of February. Taking into consideration 11/02 (half day trading) & 12/02 a public holiday.

LimKK24

5 posts

Posted by LimKK24 > 2021-01-28 12:11 | Report Abuse

All the sifu, not clear yet.. If I am interested to the warrant, I will need to pay for warrant price and exercise price?

hengsame

1,019 posts

Posted by hengsame > 2021-01-28 12:23 | Report Abuse

LimKK24 All the sifu, not clear yet.. If I am interested to the warrant, I will need to pay for warrant price and exercise price?
28/01/2021 12:11 PM

THIS IS A GOOD QUESTION
,,,,SNOW PLEASE REPLY AND SHARE

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