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Last Price

2.41

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

202 comment(s). Last comment by Yahoo128 2020-08-05 09:55

Posted by DKinvest727 > 2020-05-27 16:20 | Report Abuse

Good.

ccc8ccc

4 posts

Posted by ccc8ccc > 2020-05-28 07:45 | Report Abuse

Good chance today? Rm2. 50 close

pfsurewin

223 posts

Posted by pfsurewin > 2020-05-28 07:52 | Report Abuse

hoot all the way till 3

Posted by Winwind111 > 2020-05-28 11:23 | Report Abuse

Hi how to play this counter c88? What is the risk?

Posted by DKinvest727 > 2020-05-28 18:29 | Report Abuse

Take profit at 2.3.
After that enter again at 2.27
Tomorrow continue another run.
Yeah

Cs Kew

58 posts

Posted by Cs Kew > 2020-05-28 20:35 | Report Abuse

LOL , can i know what so good about 88 compare to other warrant , selling at

2.48 * 4.2(convert) + RM 2.65 exercise price = Mother share RM 13 VS market value RM 7.63 now

why ppl so so so crazy on it ? i just wonder , which other warrant sell at fair value

Posted by loverguitar18 > 2020-05-29 12:35 | Report Abuse

What a correction

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-29 12:39 | Report Abuse

@Cs Kew most people never do homework they just see which one got high volume and press buy.

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-29 12:40 | Report Abuse

I think now c84 is at fair value, go up steadily with mother, today drop a bit only

Allen123

257 posts

Posted by Allen123 > 2020-05-29 12:52 | Report Abuse

What happen c88 today?

Posted by stockist888 > 2020-05-29 13:33 | Report Abuse

on sick leave no strength morning session ..

dalpinia

2,299 posts

Posted by dalpinia > 2020-05-29 16:42 | Report Abuse

Mother up, son down, how can? What happen?

dalpinia

2,299 posts

Posted by dalpinia > 2020-05-29 16:42 | Report Abuse

Complain to Bursa

Posted by DKinvest727 > 2020-05-29 16:50 | Report Abuse

What wrong?

Posted by loverguitar18 > 2020-05-29 17:00 | Report Abuse

Basically the valuation for this warrant is a bit messed up previously. Went up too high, now fluctuations very significant. Think will stabilise next week

Posted by fakrul70 > 2020-05-29 17:52 | Report Abuse

Next week can go up,

Posted by DKinvest727 > 2020-05-29 18:03 | Report Abuse

Hope so

mf

29,183 posts

Posted by mf > 2020-05-29 18:03 |

Post removed.Why?

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 20:31 | Report Abuse

Hi. I dont underatand about the warrant. Is the warrant price will up when mother share up? Or is depends on ppl buy or sell the warrant?

Cs Kew

58 posts

Posted by Cs Kew > 2020-05-29 20:36 | Report Abuse

if you donno warrant , you're playing fire !!!

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 20:44 | Report Abuse

From the chart, normally when mother share up the warrant price will all follow up. When down all follow down. But today others follow mother, only this keep down when mother up. Any sifu can explain?

Posted by DKinvest727 > 2020-05-29 22:20 | Report Abuse

From 2.65 keep drop the whole day... Really don't know what to say...

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-29 22:21 | Report Abuse

please learn the premium calculation, too high and not logical, still have other warrant to buy in. Pure goreng c88 kena trapped

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-29 22:23 | Report Abuse

buy in when premium is -ve or almost 0%, else the skyhigh ceiling premium of 41.9% sure die fast la aduh!!!!

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 22:28 | Report Abuse

Hi @limitupupup, i bought this at lower than rm1. Is there any possibility to hold and this price will up again?

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 22:29 | Report Abuse

Or it will keep drop bcz overvalue?

ry_1111

110 posts

Posted by ry_1111 > 2020-05-29 22:36 | Report Abuse

hi everyone, hope this helps, happy trading!

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 22:41 | Report Abuse

Hi ry_1111, based on the calculator does it means the price now should be ard 1.9-2?

ry_1111

110 posts

Posted by ry_1111 > 2020-05-29 22:42 | Report Abuse

no, u try to adjust to 7.71 and it will recalculate

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 22:48 | Report Abuse

I dont understand. Mind to explain more?

ry_1111

110 posts

Posted by ry_1111 > 2020-05-29 22:56 | Report Abuse

the underlying price, u can adjust manually on the mother price, then it will calculate for u the fair value of warrant

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 23:00 | Report Abuse

Means at 7.71 mother price. The wareant value is actually at 1.218 only right?

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-29 23:02 | Report Abuse

@bkokyew
Exercise price is the price you can convert to mother share.
Exercise ratio is how many warrants you need to convert to 1 mother share.
c88 price now is RM1.99, exercise price now is 2.65, mother price is 7.7, exercise ratio is 4.2:1.
Means you can pay RM2.65 + 4 warrants (4.2x1.99) = RM11.01 to convert to 1 Supermax by 26 Jan 2021.

Now if Supermax didnt reach RM11.01 by the expiry date, the warrant is basically worthless because it doesn't make sense to convert since you can buy Supermax at a lower price.

Taking yesterday closing price at RM2.48, RM2.65 + (4.2x2.48) = RM13.06
do you think Supermax can go to RM13 by Jan 2021?

If you buy lower than RM1, you already more than 100%. Don't be greedy. Profit is profit. Hope this helps.

ry_1111

110 posts

Posted by ry_1111 > 2020-05-29 23:02 | Report Abuse

yes bingo! now u can buy warrant! xD hope u earn some from this bullish glove stock

bkokyew

54 posts

Posted by bkokyew > 2020-05-29 23:35 | Report Abuse

Hmm. But based on this does it means the higher the warrant price. When it comes to expiry date for conversion will have more loss? Lower warrant price means better?

Posted by fakrul70 > 2020-05-30 05:33 | Report Abuse

Its still ok to hold, bought 2.5

Eddiesan

133 posts

Posted by Eddiesan > 2020-05-30 12:09 | Report Abuse

stil long way to go till the warrant expire . this warrant will go above 3 easily as end of the year mother price may hit harta current price .

Posted by ongzhenghong > 2020-05-31 07:50 | Report Abuse

Let's hold and wait for the money!

Posted by ongzhenghong > 2020-05-31 07:50 | Report Abuse

Any tips group or update group that can recommend?

Yahoo128

222 posts

Posted by Yahoo128 > 2020-05-31 12:22 | Report Abuse

Supermx C88 is NON -COLLATERALISED EUROPEAN -STYLE CASH SETTLED CALL WARRANTS. We don’t get to buy underlying shares everything is settled by cash. They settled the warrant upon expiry by taking mother price minus the exercise price divide conversion ratio then multiply your units will give you your settlement price in cash. We don’t get to buy any shares period.

CharlesT

14,945 posts

Posted by CharlesT > 2020-05-31 12:25 | Report Abuse

Dont simply hentam cw..especially c88 n c90..high premium of rm3+

CharlesT

14,945 posts

Posted by CharlesT > 2020-05-31 12:27 | Report Abuse

Others r less than 5% premium.while this two r more than 40%..some more no leverage effect

Yahoo128

222 posts

Posted by Yahoo128 > 2020-05-31 12:37 | Report Abuse

My 2cts opinion what happens to the price on 29-5-20. Usually the warrant price move in tandem with mother share. When the warrant was at 2.48 theoretically the mother should move to RM13 already but the market overshot so much when it should be around 1..20 and usually market will pay extra premium around 4-5 cts extra only. So in this case the market overshoot by over RM1.30. There is very good premium. Question is Whether market will continue to pay this premium when other warrants are not? It could be anybody guess. Eventually the risk is when towards expiry in Jan 2021 and the mother share is at RM13 and if you didn’t sell in the market before that then the issuing bank upon expiry will settle you max is RM2.48. If the market price for warrant is RM3 then you loose RM0.52. Don’t know correct or not. So possible more correction coming.

chief999

1,849 posts

Posted by chief999 > 2020-05-31 16:15 | Report Abuse

yes, listen to CharlesT, this c88 is super high premium, nothing to play

JBond007

1,257 posts

Posted by JBond007 > 2020-05-31 17:59 | Report Abuse

Goreng to 2.65 & then skyfall to 1.97....Many newbies being trapped!

pfsurewin

223 posts

Posted by pfsurewin > 2020-05-31 18:32 | Report Abuse

haha...I just love this free fall game... u just don't know what to do next .. your mind will STUCK ... meditate more and have a clear mind.

Goldgent

1,348 posts

Posted by Goldgent > 2020-05-31 19:08 | Report Abuse

Gambler paradise!

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