CIMB Niaga earnings surge to RM450mil

Source here: http://www.thestar.com.my/business/business-news/2017/08/01/cimb-niaga-earnings-surge-to-rm450mil/

Morning traders, keen-to-sell CIMB-C22.

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Previous Telegram post 28/7 @ 9.27am:

Following yesterday's trading idea on CIMB-C22 @9:51am:

CIMB: RM6.57 to RM6.70 (2% gain)
CIMB-C22: RM0.265 to RM0.285 (8% gain)

Well done on profit taking!

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Previous Telegram post 27/7 @9.51am

Technical Breakout: CIMB-C22

- Effective Gearing 7.09x
- Sensitivity 2 ticks (Lowest in the market! This is good because you want a warrant to be sensitive to underlying movement.)
- Expires on 24/11/2017

Sensitivity means CIMB only needs to move up by 2 ticks (RM0.02) to cause a 1 tick movement in CIMB-C22.