Bursa Malaysia (KLSE) Daily Info Edge Zone

BJTOTO Call Warrant Bring Huge Profit To CIMB & OSK

Durian Edge
Publish date: Tue, 06 Jul 2010, 02:56 PM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share

This month BJTOTO-CD and BJTOTO-CE will expire. This two call warrant value is equal to zero if BJTOTO share price below RM4.20, BJTOTO share price just drop below this level early of July with some negative news about 8% tax place by government.

This news roll out on July just on time to help CIMB and OSK call warrant issuer to made a huge profit because this two CW is equal to zero value, if you still had BJTOTO-CD on hand by now, your money just pay to CIMB for nothing in return. Next month August will had 20 CW expire so sale your CW will you still can.

Today Asia share market rebounds so same with FBM KLCI, now FBM KLCI is waiting a good news to fly back to above SMA50 level.
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