Highlights
KLSE: HENGYUAN-CA (4324CA)       HENGYUAN-CA: CW HENGYUAN REFINING COMPANY BHD (RHB) MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0

Overview

Type:CALL WARRANTS
Sector:INDUSTRIAL PRODUCTS
Listing Date:Aug 02, 2017
Maturity Date:Feb 22, 2018
Issue Size:40,000,000
Exercise Price:MYR 6.00
Ratio: 8:1
Underlying Stock:HENGYUAN
Avg Volume (4 weeks):0
52 Weeks Range:0.31 - 1.71

Additional Info

Announcement: [Aug 01, 2017] Listing Information & Profile for Structured Warrants
Issuer:RHB INVESTMENT BANK BERHAD
Description:NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS
Analyze this stock with MQ Trader system

  Tan Soon Leong likes this.
 
CKCS Which sifu last telling ppl to buy CA ah??? pinkyplane and stockraider? Bankrupting loh....!!
10/08/2017 15:49
Lee1234 Who hold tis stock who die..
10/08/2017 16:09
Depeche Will keep retreating till it becomes attractive for the 2nd round of rollercoaster ride..buy below 0.40 or even below 0.30.. who knows
.. it may go that low.
10/08/2017 16:23
Maharaja_Penipu tiu lo....sifus ask me to sailang at RM 0.745 on 3/8/2017, on 02/08/2017 said can reach RM 1.00....now at RM 0.435, how arr? almost 40% evaporated .....soob soob.....dumb dumb hold???

...ah longs calling me non-stop, banks texting me & calling me every 15 min interval.....how arrr sifus???....
11/08/2017 08:57
AhSook AhKou Bless you ......
11/08/2017 09:00
Maharaja_Penipu don't bless me.....soob soob......if bless me can get me back my capital, please bless me alot

today heart pain.....I felt like going to KLCC bridge ......they havent complete 118, so only choice is to go KLCC sky link bridge.....

see you all in the news paper in the coming days.....I will be back for the sifus......
11/08/2017 09:13
Depeche Go talk to a counselor if you're serious... if you're joking then it's not funny ok.
11/08/2017 10:31
Lee1234 Juon, will drop till .30 bank tis time really earn kao kao..
11/08/2017 11:47
Toto2009 Is the pre-tsunami of global market clashing, it will continue. Run before getting worst. Just my opinion, I have cut loss and cash in for all portfolio, hold cash to protect capital. Trade at your own risk
11/08/2017 13:02
jimtktan Posted by Depeche > Aug 8, 2017 08:25 PM | Report Abuse

Please note call warrants are not convertible to Mother shares...expiry Feb 2018..so very high risk.

Hi Depeche, "since CA are not convertible to Mother shares", then please explain the purpose of : Conversion Ratio 8:1 & Exercise Price RM6 ?
Thank you for your help.
11/08/2017 13:21
sigmax ca rebound !
11/08/2017 15:03
Lonewolfie Juon dream came true
11/08/2017 16:02
Depeche Assuming today is maturity date..8 is used to calculate price for conversion from CA to Mother share..for eg..at current price of 0.44..it will be 0.44 x 8 +6..the resulting figure must be lower than the Mother's price to make sense to convert to Mother share....settlement will be in cash..please correct me if I'm wrong. Thanks.
11/08/2017 16:07
jimtktan Noted with thanks. Can provide illustration on how would the final settlement working illustration in "cash" be? Thank you.
11/08/2017 16:18
Depeche Example again based on 0.44...it should be 0.44 x 8 + 6RM x Amount of shares bought.
Eg. 0.44 x 8 + 6 x 1000 shares (one lot)=RM9520
please correct me if I am wrong.thanks.
11/08/2017 22:21
Depeche Stamp duty and GST applicable
11/08/2017 22:23
jimtktan Thank you Depeche. Appreciated.
11/08/2017 23:16
Depeche Juon.. better dun be greedy if you can break even or lose a little only better cut..all the best.
14/08/2017 09:50
Maharaja_Penipu many many blessing to you Depeche for your kind heart....

I'm still replying, so no worry. KLCC not high enough , I'll wait for 118 tower completion.

Juon likes to kaki kong, kaki song. Kaki simulate scenarios, kaki mental torture to feel the actual scenario if thing really turn out so bad to remind myself what cannot be done.

No worry, juon very very safe....
14/08/2017 20:56
Depeche Good to hear that you're taking things in your stride..the 2nd rollercoaster ride has started...time your exit well to minimise damage...best incur zero losses...good luck.
15/08/2017 04:52
Lee1234 Wah..come out cb and cc
15/08/2017 08:59
Depeche Not as dynamic as ca when first listed...no more fun already
15/08/2017 09:16
Depeche Now CA got competition... many will cash out and play cb and cc..I'm watching at sidelines only.
15/08/2017 09:17
Bahubali no worry, tomorrow those on CA all will cry father & mother already.....hahahaha

Macq issuing CB & CC with ratio 6:1, more sensitive than CA & probably lower premium than CA....kikikiki

...........................................................

Posted by katappa > Aug 14, 2017 05:41 PM | Report Abuse X

aiyo dragonfruit ....there are 3 categories of the cw traders probably.

category 1: beri beri experience fox in CW tradings. trying to take advantage on the category 3.

category 2: know abit, dont know abit kakis. Know at least the theoretical fundamental of CW. Know ratio, exercise price, expiry, premium , discount, reaction of mother & CW....this group normally sitting at fence level watching the Bollywood movie shooting by Category 1 & 3 at the moment. The high premium is preventing them to come in.

category 3: hami lan also don't know, ppl buy , they go buy, see volume sailang in....buy on new & rumor.

banker now from the producer become spectator to watch the Bollywood show

Those live long enough in market will know that there is always chances for new issuers to issue new CWs. There is always chances for current issuer to enlarge the CWs issue ( new trance for selling ) if the existing volume fully absorb by lanun.

Only the not so smart trying to outdo the issuers.

....................................................................

CA cannot cannot be langsi anymore. CA got CB,CC, CD & CE for competition.

The failure to make the calculated prediction on the possibility of new CWs issuance have cost the blind losses. Mother moving but CA not moving instead dropping. CA's premium level have been trimmed off significantly. Foreseeable will further adjust. This pond no more fish inside soon. Might end up battle with IB one on one.

Even the newly issued of CD have better parameters in term of premium, gearing & expiry. No doubt the CE will have the highest gearing among the 5 and attracted the crowd.
16/08/2017 11:41
Lingwei Nai wow going up up up....
17/08/2017 14:37
Bahubali Aug 14, 2017 05:14 PM | Report Abuse

https://klse.i3investor.com/servlets/stk/4324cb.jsp
https://klse.i3investor.com/servlets/stk/4324cc.jsp

if you really really have to play with the instrument with expiry , let the battle ground set properly before going in

"FutureEyes One can wait for PETRONM results before entering HRC
14/08/2017 15:41

This guy strategy is very rational & sound.
.....................................................

Aug 14, 2017 05:23 PM | Report Abuse

CW is the offensive play, you don't play offensive play like you play value investment which can hold long long and ignore the mother price fluctuation.

you cannot to hold long long because it has expiry & it is price sensitive to the earning result

...............................................

Aug 14, 2017 06:01 PM | Report Abuse

friend, let the battlefield set after PetronM quarterly result.....

look for save trade not risky trade

if PetronM could report earning better then the expected forecast, that would be the catalyst you are waiting for the HengYuen CWs...

without clear catalyst, knowing the CW is sensitive to earning because it is offensive play, it is wiser to be an observer for the time being...

..............................................

Aug 18, 2017 02:17 PM | Report Abuse

Gambling or not gambling, it is subjective to the players. It is subjective to how experience are the players. It is subjective to how well verse are the players.

Not all fights are make equal, not all wars are make equal, not all battle grounds are make equal.

"He will win who knows when to fight and when not to fight" - Sun Tzu

It all lies back to the catalysts on the mother share. Petron coming quarter a good indicator.

.............................................

Trade/speculate with discipline save our-self from unnecessary trap of gap-down. Observes & learns the necessary.

The meat is on 3rd Quarter as per most analysis. The premium of the CWs ( A- F) have been rising fast, IBs refusing to settle for lower. Let the dust set, look for safe entry.
28/08/2017 21:06
Bahubali Know what you are playing, only enter with clear catalyst .

Catalyst is the upmost priority for CWs, the other are secondary. Without catalyst, the war is lost before it even started.

take note this week is short trading week.
28/08/2017 21:41
Bahubali Also to the opinion that all the CWs will be FULLY sold to the market is quite misleading. If you want to know how many issues are in circulation in the public, read the monthly report made by IB for

"ANNOUNCEMENT PURSUANT TO PARAGRAPH 5.35(4) AND 5.35(5) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD"

http://www.bursamalaysia.com/market/listed-companies/structured-warrants/5506525

All IBs announce it on the 1st week of every month. Once in a month.
28/08/2017 22:27
stockraider HANG ON...THE WRONG FORECAST ONLY MEAN THE CURRENT HRC TP RM 37.00 NO LONGER VALID LOH.....!!

GENERAL RAIDER ADVICE FROM NOW ON JUST BE CONSERVATIVE LOH...DO NOT USE FORECAST USE ACTUAL FIGURE LOH....!!

THIS MEANS WE ANALYSE BASED ON FACTS AND NO LONGER ESTIMATES LOH...!!

WITH Q2...EPS RM 0.28....THE ROLLING TRAILING HISTORICAL EPS WILL BE RM 1.62 PER SHARE LOH....!!

THE FREE CASHFLOW PER SHARE OF HRC BASED ON 6 MTHS Q1 & Q2 IS NET CASH GENERATION PER SHARE IS RM 1.44 FOR 6 MTHS LOH...!!

LOOK AT THE BALANCE SHEET OF HRC, THE CASH HOLDING INCREASE TO RM 743 MILLION IN JUNE FROM RM 238 MILLION IN 31-3-2017.

THIS MEANS THE NET BORROWING REDUCE FROM RM 1.07 BILLION IN MARCH TO RM 572 MILLION IN JUNE, RESULTING IN IMPROVEMENT OF RM 498 MILLION WITHIN 3 MTHS.

THUS PE 4.3X BASED ON SHARE PRICE OF HRC RM 7.03 LOH...!!

THE LATEST HISTORICAL EARNINGS AND CASHFLOW OF HRC LOOKS IMPRESSIVE LOH..!!

THE NEW TP IS RM 15.00 GENERAL RAIDER SET BASED ON ACTUAL HISTORICAL EARNINGS LOH...!!

VERY CONSERVATIVE LOH...!!
NOW WE NO USE FORECAST TO BE CONSERVATIVE LOH...!!
28/08/2017 22:30
Bahubali there is an ugly truth on the CW that player need to find out yourself, no one going to tell you.

there is an highly professional fifo warrant trader in i3, follow blindly with obsolete loyalty / without knowing the basis behind, you will end up in the fire

the most basis principle & upmost priority - only enter when the catalyst is strong

secondary on the ratios , premium, sensitivity, etc

similar approach applies to other warrants

adios, it is time to kill Katappa character. Good luck to all.
29/08/2017 10:34
paperplane add little more today
18/09/2017 15:00
paperplane when mother break RM10 next quarter, I hope this can go back towards 0.70 range
18/09/2017 15:31
paperplane buy more CA today, at 0.425. I hope it can go towards 0.50 in near term
19/09/2017 09:31
Try Bentry Dear Depeche, my avg cost at rm0.401
Kindly advice this counter can hold or cut loss while still not badly damage. Thank you for ur advice.
20/09/2017 18:07
paperplane continue hold till Feb18 see how loh
20/09/2017 18:13
prince4 提醒: 投资银行压低母股的股票让持有call warrant变成废纸!
投资银行与大股东(庄家)合作将推出call warrant让小股民购买,用废纸换真钞。
投资银行一旦出售完call warrant, 蓝筹股和中型股都是在大马交易所250支股票里面允许合法做空的股票。
他们将卖空母股压低价格直到call warrant低于行使价格直到call warrant到期变废纸,call warrant很短的期限最长期限也顶多只有八个月。
很多小股民都是损失了大部资金在买call warrant.
call warrant是由投资银行与大股东(庄家)进行控制报价和价格走势,不管卖你们什么价钱投资银行与大股东(庄家)到最后把压低过行使价他们都是赚。
call warrant是一个风险极高的赌博产品。
20/09/2017 22:51
Thomas paperplane now enter still can ? =x
23/09/2017 15:51
ooihk899 thomashan, my advice is you have to decide on your own whether is good to buy or not. Try to learn how to fish yourself. Many sifu here giving class. You can enrol. Many info in the HRC thread. You can read it starting from March, plenty of thing you can learn from there.
23/09/2017 23:01
Thomas Ohhh.. yaya i plan to enrol but i dont know which or where or how to enrol ='(
25/09/2017 09:29
Depeche @Try Bentry....Paperplane's advice to hold till Feb '18 could be considered... especially if u bought CA....cos conversion is about 9.20RM for your case...many sifus in HRC forum are optimistic about QR4 too... which will be announced in February....can read up on their detailed analysis and their tp for HRC for QR4.

if u :

1) plan to convert to Mother shares upon expiry...u will have to prepare cash to pay...depending on how many lots (1 lot =1000 shares) x RM9.20 + GST

2) plan to make capital gains in Feb hoping that CA share price will hit your tp (example 0.80 or 1.00 RM)
I won't encourage u to find out the answer in February because the IBs may send the CA price deep down to even below the issue price. No one can be sure.

QR3 should be very good as many of us are anticipating....theoretically, the warrants should follow Mother's price....but please observe the CWs' share price movement closely...they may not necessarily follow suit with dynamic gains...but this is just my personal view....if CA doesn't hits your tp after what would almost certainly be a stunning QR3... forget about holding till February...that's what I will do....BUT please consult the sifus if u must and make your independent decision... that's most important!!

Many sifus in HRC forum can give more insightful views....like Stockraider, Probability, Paperplane, Aseng, among many others.

**I have not bought any of the HRC CWs again since I made profits from CA when it was the first and only HRC CW launched.

Good luck.
25/09/2017 20:05
paperplane Holdlah till next result out. 0.5 is minimum
03/10/2017 15:07
paperplane History in making alredi. Still tot I can curi curi ayam nearer to Nov result month. But reality is price alredi move so much faster....
03/10/2017 17:47
SALAM History repeating : CA tp RM0.70 soon.
03/10/2017 17:50
Maharaja_Penipu take profits.......!!!! run !!!!
04/10/2017 14:59
pretty_life Becareful ...crude oil rebound
04/10/2017 15:04
ESPESP Be careful, crude oil drop and bad..
Gonna expired soon, gonna drop easily
03/11/2017 09:23
mf bj tp 1.80
28/12/2017 16:27
mf bj wow 1.71 not bad
29/12/2017 09:41
mf bj this have more upside at least 1.75
29/12/2017 10:47
prince4 提醒: 投资银行压低母股的股票让持有call warrant变成废纸!
投资银行与大股东(庄家)合作将推出call warrant让小股民购买,用废纸换真钞。
投资银行一旦出售完call warrant, 蓝筹股和中型股都是在大马交易所250支股票里面允许合法做空的股票。
他们将卖空母股压低价格直到call warrant低于行使价格直到call warrant到期变废纸,call warrant很短的期限最长期限也顶多只有八个月。
很多小股民都是损失了大部资金在买call warrant.
call warrant是由投资银行与大股东(庄家)进行控制报价和价格走势,不管卖你们什么价钱投资银行与大股东(庄家)到最后把压低过行使价他们都是赚。
call warrant是一个风险极高的赌博产品。
04/01/2018 12:54


 

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