The Official Kenanga Warrants Blog

On our watch: SPSETIA-CY

NagaWarrants
Publish date: Fri, 23 Jun 2017, 03:31 PM
Official NagaWarrants Blog by Kenanga Investment Bank Bhd. We issue warrants to meet investors' demand for trading opportunities & alternative investments

This blog exists to offer quick updates & hopefully offer friendly, useful warrant info to achieve your trading goals.

Disclaimer: The info posted is for your info only & shall not be construed as an investment advice or solicitation to purchase. Please refer to the Base Prospectus & Term Sheets.

SPSETIA plans to acquire I&P at RM3.65b (39% discount to its market NAV of RM6.01b) via a cash call and private placement.

Kenanga Research reiterates their OUTPERFORM with an ex-rights TP of RM4.08

SPSETIA-CY - Buying opportunity!
- Effective Gearing 9.36x (highest in the market)
- Sensitivity at 3 ticks

Currently, SPSETIA is trading (-6.35%) at RM3.39 while its warrant SPSETIA-CY is trading (-47.06%) at RM0.050

 

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