The Official Kenanga Warrants Blog

SENERGY: Khasera Baru Plans to Sell Up to $213 Million of Sapura Energy Shares

NagaWarrants
Publish date: Thu, 02 Nov 2017, 09:23 AM
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.

According to a term sheet seen by The Wall Street Journal, Kharsera Baru plans to sell 605mil Sapura Energy shares, or a 10.1% stake, between RM1.42 to RM1.49 a share

Source: http://www.foxbusiness.com/features/2017/11/01/khasera-baru-plans-to-sell-up-to-213-million-sapura-energy-shares.html

Trading Idea: SENERGY-C51
(watch for Technical Retracement as well)
- Effective Gearing 5.3x
- Sensitivity of 3 ticks
- Expires - 9/4/2018


Currently, SENERGY is trading @RM1.46, SENERGY-C51 @0.045 & SENERGY-C43 @RM0.05

 

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