The Official Kenanga Warrants Blog

Warrant to watch! OLDTOWN-CB

NagaWarrants
Publish date: Thu, 29 Jun 2017, 04:38 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.
Warrant to watch!
 
OLDTOWN-CB
- Effective gearing 3.02x
- Sensitivity 3 ticks (low ticks is good)
- Expires 22 Jan 18 (longest to expiry)
 
So, what does all this mean again?
Effective Gearing means that when the OLDTOWN moves up by 1%, OLDTOWN-CB will move up by 3.02%.
Sensitivity means that OLDTOWN must move up by 3 ticks (RM0.03) to cause a 1 tick movement in OLDTOWN-CB.
 
*Hint: High Sensitivity means low ticks!