As long as the mother share keep rising the warrant will follow. Your investment is still good . Only thing the warrant is at a higher premium now. This warrant is definitely in the money. Next quarter result in August shows super profit then the mother share rises so do the warrants. There maybe a slight correction bcos of the high premium it fetches now. Pls verify with your brokers or remiscers.
Just hold Be optimistic for mother share. She rises all will be good. Market is very optimistic towards mother share. IB all collecting mother share. Expecting it to rise.
bkokyew @limitupup i guess all panic selling. Cz this price is the most optimum for correction i guess.
I thk if really newbie better dont touch warrant, we enter in the price of lower and we need to calculate the premium and cost of exercise. Takkan now panic selling lol
Last week at RM2.x quite overvalue I think. Even now the mother share at RM8.06, still a bit high from the fair price from calculation. Anyhow, still newbie.
My personal view is that there is no need of panic selling since glove bull market is still kicking strong with the current market situation with their order way beyond 2021. With the calculation of they paying us , with mother share touching RM 10 to Rm 11 , we get near RM 2 per share...which is abt 25 percent gain from now..and this is the worst case for those who hold till expiry..thus, I dont see any problem for this warrant to touch RM 3 in between these 8 months before expiry
c86 under value due to expired date on Oct, ill buy the longer expired date like c88 n c90. c88 and c90 bcos last week fly too fast , need a correction now
In the bull market, no body care about over/under premium, it is mainly depends on mother share movement. Look at top gloves, mother share goes up, all the call warrant up with high % and a lot with high premium more than 8%.
If the warrant expire today the iissuing bank will pay you RM1.26. So warrant has a small premium in the open market. So now just hold and watch the mother share fly. So will the warrant. Any warrant if mother tumble warrant also tumble after all we invest is to see the mother share fly. Good value to collect now.
@yahoo128, Why need to pay you RM1.26? Did you have calculate correctly? @@
Yahoo128 If the warrant expire today the iissuing bank will pay you RM1.26. So warrant has a small premium in the open market. So now just hold and watch the mother share fly. So will the warrant. Any warrant if mother tumble warrant also tumble after all we invest is to see the mother share fly. Good value to collect now.
all IB oredi issue margin cut for glove stock. supermx at rm5 value only. prepare to see rainfall over next 2 wks. congrats for those cost @ rm2 above. major correction coming.. below rm1 coming..
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....
limitupupup
1,466 posts
Posted by limitupupup > 2020-05-31 19:11 | Report Abuse
saw alot of skl saying this a good buy, HAHA they gonna trap u all high and sell down to you all. Dont BUY and go for lower PREMIUM!!!!