heng, tommorow $0.10 cents la

stupid share, I sell all now

Buaya makan enak enak ya

I hope it is a "small udang" and not a "t-rex udang", hehe

Mr Sifu Pang, have you wondered why the investment bank , today decided to be so generous and offer a warrant well in to money with a very low conversion ratio..sounds too good to be true??

or is there an "Udang di sebalik batu"

newbtrader, there is 2 categories of warrants. The first category is issued by the Investment Bank and the warrrant is called Cash Warrant. On maturity you will get paid in cash.

The other category of warrant is issued by the company itself. That warrant might be a convertible warrant or some other type of warrant. If it is convertible warrant, then you will be entitled to shares of the company.

Most importantly, before buying the warrant, kindly check the details of the warrant and who it is issued from.

The longer the maturity date, the higher will be the Time Value of Money. As the warrant approaches maturity, the time value money approaches to zero.

Need to also keep in mind, that the nearer the maturity date, the more prone you are to a fall in share price.

For example, a warrant with 4:1 ratio: when the share falls 20%, the warrant should fall 80%. Keep this in mind when trading warrants

Underlying Share Price (a)
Exercise Price (b)
Ratio (c)
Time Value of Money (D)

Intrinsic Value of warrant = ((a-b)/(c))

Current Warrant Price = Intrinsic Value of Warrant + Time Value of Money

On expiry date, the warrant issuer will pay you based on the intrinsic value of warrant.

This is a simplified idea on how warrant work.

Hong Goh, your breakeven is RM 9.81

If you are not sure who the 10% service charge goes to, kindly go speak to an accountant

Hahaha, do you think Malaysian are stupid??? SST is 6%, the 10% is service charge... currently in restaurant, GST + Service Charge = 16% as per SST era.

SST covers less scope and therefore more items and services are not chargebale to tax.

who cares about RCI, when people have no money to support their family, do you think they will care about RCI 20 to 30 years ago... all they will care about is GST

If next year election ,BN might have to sell their underwear to save face

If election is held next year, PH will menang besar even in 3 cornered fight. if you dont know why, go and do more research

tommorow RM50

Nice ang pow if reach that prize

huat arr...huat arr

HRC is not efficient, it has alot of negative EPS quarters. Negative 300 EPS also got, A more efficent refiner is Petronm.

Having 1 or 2 good quarters does not prove your are efficient, have to look at last 5 years track record.

dont tipu the retailers, HRC has no moat and will never have moat..

HRC is just a commodity that is benefiting from good positive headwinds, but those headwinds are just temporary.

HRC got no moat la.....moat means Sustainable Competitive Advantage, HRC has none

The crack spread is so volatile, no wonder historically this company PE is always around 3

USD 16 crack spread fell to USD 12 crack spread in 3 days.

USD 16 crack spread became USD 12 crack spread. Next week might fall below USD 9

holy cow, brent crack spread is collapsing... back to RM7? Congrats RHB Investment Bank for another round of big profits.

RHB Investment Bank I dare you to issue a put warrant, be a man!

I guess what doesnt kill you, makes you stronger

sebelum pergi ke bulan, si tupai kena jatuh ke tanah juga

Aye

sikit sikit, lama lama pergi ke bulan

You can then give your staff more bonus and keep them happy

common la RHB Investment Bank, please issue a Put Warrant also, you can make so much money from the volatility

I wish all shares has put and call warrants, it creates so much excitement in the market

no la, tommorow rm100, next week rm 200, by end of year rm 1000...then after that it will rapidly reverse back to RM3 as all the retailers get burnt.

Untung la RHB Investment Bank....semua staff dapat 5 tahun bonus

if DJIA 50% correction, expansion also no use. If recession happens, HRC will cancel refinery upgrading project

bigger refinery means from -300 EPS can become -600 EPS.

the more this stock rebounds, the better it will be for RHB Investment Bank

high crack spread is a big possibility, on other side of the coin, there is high probability of DJIA correction soon.

so fast technical rebound over

It may go to RM 3 if DJIA corrects.

6 too early to sailang, below 5 is safer

no la, the biggest winner is RHB investment bank...you will see why in next 2 months

Crack spread futures suggest crack margin are going to fall drastically after september

Dont tipu retailers to buy when it is expensive. RM 5 is it fair value

Q3 always negative EPS...do they do planned maintenance in Q3?

Ice brent oil going down la

It was unplanned minor maintenance, not the actual planned major maintainance

This stock is historically valued between 3 to 5 PE. It is still at the upper end of it valuation.

The scary part is the warrants, when correction hits, the retailers will panic with such big loss on the warrants. Better for retailer to play wait and see.

What is more scary, is people are still buying the warrants.

The chart indicates a correction of 20% but I will wait longer.