The Official Kenanga Warrants Blog

Pick of the Day: VS-CN

NagaWarrants
Publish date: Wed, 14 Jun 2017, 11:10 AM
Official NagaWarrants Blog by Kenanga Investment Bank Bhd. We issue warrants to meet investors' demand for trading opportunities & alternative investments

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V.S. Industry 3Q net profit surges 2.6 times, pays 1.5 sen dividend

 

VS net profit increased 2.6x to RM50.5mil ending April 30 2017 (3QFY17) from RM19.3mil a year ago. This was mainly contributed by higher sales orders from clients in Malaysia, Indonesia & China.

<click here for the full article>

 

Pick of the Day:

VS-CN : buy-on-weakness
- Effective Gearing 4.03x
- Sensitivity at 2 ticks
- Expires on 8/12/2017 (longest to expiry)

 

So, what does this even mean?
Effective Gearing means that when the VS moves up by 1%, VS-CN will move up by 4.03%.

Sensitivity means that VS must move up by 2 ticks (RM0.02) to cause a 1 tick movement in VS-CN.

* High Sensitivity means low ticks!


 

 

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