KLSE: WZSATU (7245)       WZ SATU BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.155   0.00 (0.00%)  0.15 - 0.155  2,014,000
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Active Warrants

Name Type Listing Date Maturity Date Exercise Price Warrant Price Ratio Premium Gearing
WZSATU-WA Warrants 05/11/2014 28/10/2024 0.28 0.08 1 : 1 0.205 (132.25%) 1.937
WZSATU-PA Preference Shares 10/05/2021 05/05/2031 0.11 0.155 1 : 1 0.11 (70.96%) 1.00
WZSATU-WB Warrants 10/05/2021 05/05/2031 0.16 0.10 1 : 1 0.105 (67.74%) 1.55
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  5 people like this.
kingJ Up up up, now up-ping
27/04/2021 11:04 AM
harudin harudin wauuuuuuuuuuuuu
27/04/2021 11:11 AM
MadCow75 just break 0.26 first...
02/05/2021 11:50 PM
blahbleh kemonnn
03/05/2021 12:10 PM
TedTock Dont doubt, something is up
03/05/2021 12:47 PM
Klse_faizan Good luck wzsatu for next week.. I believe u can fly
07/05/2021 11:37 AM
Karlos Easy money: If you have Ordinary shares, sell them then buy PA. PA should trade at premium to Ordinary as it is a Preference Share with 3% dividend and convertible to ordinary at 1 : 1
Or just buy PA as it should trade at a premium to ordinary.
10/05/2021 9:23 AM
Karlos Warrant B exercise price is 16 sen. Say WB now at 12 sen then your cost of WZ Ordinary will be 28 sen. Far higher than WZ! current trading price of about 20 sen
10/05/2021 10:49 AM
oirugfhy anyone know if PA convert to ordinary share need to top up money or can convert directly?
10/05/2021 11:11 AM
Karlos Can convert directly one to one without any additional cash.

The conversion price of the ICPS shall be an amount equivalent to the issue price of the ICPS. Each ICPS is convertible into 1 new Share (“Conversion Ratio”). For the avoidance of doubt, no additional cash payment is required for such conversion of the ICPS by the ICPS holders.
10/05/2021 11:25 AM
sukiesee doesn't wzsatu have hope to fly?
10/05/2021 1:54 PM
kion11 wow, the exercise price for PA and WB......11 and 16 sen
10/05/2021 3:03 PM
Karlos Nothing more to pay for PA conversion, not 11 sen which you have paid for the PA. Just convert PA to WZ1 Ordinary 1 for 1 without paying additional cash. But PA should have higher value as it has 3% preferential dividend
10/05/2021 3:43 PM
oirugfhy wow means the PA now is super discount price
10/05/2021 6:18 PM
firehawk PA price should match mother share price ....
10/05/2021 6:45 PM
Karlos PA should be valued higher than mother as PA has 3% yearly dividend attached.
10/05/2021 7:35 PM
oirugfhy Agree with Karlos
10/05/2021 8:40 PM
firehawk Ha Ha !!! if PA price can match mother share price is good enough :D :D
11/05/2021 9:55 AM
Karlos The company CEO have been collecting PA and WB. The free money by buying PA will be very soon disappear off the table !
12/05/2021 11:15 AM
Karlos The CEO is now buying WA ! He perhaps rightly prefer to buy PA as exposure to equity instead buying directly the mother as PA is significantly undervalued compared to mother.
13/05/2021 12:14 PM
Ny036 karlos: just to confirm
1) if buy pa now at 0.16 ( mother now 0.19). later i convert to mother share through the remiser .
Do i need to pay extra money? what is the meaning of exercise price of 0.11?
how long it take to convert to mother share? will it normal if mother share start to drop if too
many people convert?
2) if let say mother stay at 0.19, mean i projected to gain 0.19-0.16= 0.03cents, it is correct?
when normally i can start to sell mother share ( normally 2 week)?
13/05/2021 2:00 PM
Karlos If you have PA, the Preference Share with 3% dividend, to covert you just convert it 1 PA to 1 mother, no need to pay any additional cash. The exercise price of 0.11 was the price paid earlier to buy one PA so now you just need to surrender your PA for mother 1 to 1.
13/05/2021 3:31 PM
Karlos If you are smart enough, you will not convert the PA to mother as the PA is more senior and has 3% dividend and therefor should be priced or valued higher where else Mother for now has not been paying any dividend and junior to PA. Only convert PA if mother are paying much higher dividend than PA.
13/05/2021 3:41 PM
Ny036 thanks a lot karlos for explaining the details.
13/05/2021 3:59 PM
Ny036 however if mother drop to 0.14 in this on going bear market, then it is not worth it. it is correct?
13/05/2021 4:30 PM
Karlos You are partly right but if you own PA you are getting 3% dividend. We think WZ1 likely to have something good going forward. Note that the Group CEO is buying WA, WB and PA. Very unlikely he is buying these securities especially the warrants if he expect bad news coming !
13/05/2021 5:24 PM
firehawk mother share 19.5 sen, PA 16 sen .... those holding mother share can sell and buy PA, to get arbitrage (no risk) gain !! PA can be converted and get back the mother share :D :D
17/05/2021 10:00 AM
firehawk somebody really sold @0.19 and bot PA @0.165 ... reaped the no risk gain >13% !!
17/05/2021 10:32 AM
caspershien DATUK ABDUL GHANI BIN ABDULLAH is buying!!!
17/05/2021 10:05 PM
Karlos Just be a little patient !
18/05/2021 12:32 PM
caspershien WZ has order book worth rm800m, AND MARKET CAP IS ONLY 84M? u must be kidding me
20/05/2021 3:24 PM
firehawk Ny036 however if mother drop to 0.14 in this on going bear market, then it is not worth it. it is correct?
13/05/2021 4:30 PM
Good question! :-)
20/05/2021 4:23 PM
caspershien collect guys! the boss need to pay RM0.11 to buy the preference shares and need another RM0.11 to convert to ordinary shares, RM0.22 breakeven but the price today closed at RM0.155. Hmmm smthg is not right
20/05/2021 5:29 PM
stlf caspershien....if you don't know the facts, don't simply talk. Conversion from preference shares to mother no need to pay 11 cats.
20/05/2021 11:52 PM
stlf cats....cts, sorry typo
20/05/2021 11:53 PM
Investor 999 https://www.theedgemarkets.com/article/wz-satu-returns-profit-after-12-consecutive-quarterly-losses
25/05/2021 10:51 PM
newbie4444 Tell Agong PN kerajaan gagal.
26/05/2021 4:14 AM
newbie4444 Covid19 7K cases, LRT first ever accident no wonder the govn is backdoor.
26/05/2021 4:21 AM
MadCow75 now only know is roti canai... all can add, pisang, telur, cheese, sardin but u cant add brain... so what roti canai u wan order???
26/05/2021 11:34 PM
zulpsang newbie4444 macai Pakatan Hancing
06/06/2021 2:40 AM
Hidup_Anwar Why Pakatan so call Hancing? Blame Tun M appointment LGE wrong as Finance Minister.
09/06/2021 5:54 AM
Hidup_Anwar Anwar should be Finance Minister not LGE.
09/06/2021 6:03 AM
nahcee Agong in focus, WZ kasi goreng la
09/06/2021 12:15 PM
Change_ No up(goreng) is good. At least change of govn or PM still got hope?
09/06/2021 4:57 PM
Hidup_Anwar GPS Sarawak can make Muhyiddin PM 8 why not GPS make Anwar PM 9? Covid19 and economy is a failure under backdoor PN govn.
13/06/2021 6:49 AM
WongCapital Agong already fcked up tasik chini. Got rumours 10 king across malaysia want to kick current agong from seat
13/06/2021 4:54 PM
foreign_fund Rakyat mandate not return we won't buy who can tell Agong? Why losing party(eg BN) can be govn? Why need election?
16/06/2021 11:43 AM
Ubah_ Parlimen diadakan secepat mungkin bermaksud bila? 21 Jun, 1 Julai, Ogos atau bila?
17/06/2021 10:59 AM
Ubah_ Kalau PN tak mahu(Parlimen diadakan secepat mungkin) atau ingkar arahan, Tuanku ada hak paksa PN dan kabinet letak jawatan?
17/06/2021 11:05 AM
Undi_PKR If Malacca sultanate still in power who disobey King order(eg hold Parliament as soon as possible), should be "beheaded"(pancung).
18/06/2021 9:15 AM

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