Nerds like me deserve some likes for my blog posts and some beer for contributing towards the society at no cost

I hope all warrant holders will be treated fairly and BIMB will at least buyback at .48

I hope all warrant holders will be treated fairly and BIMB will at least buyback at .48

Just updating for those who are interested
https://klse.i3investor.com/blogs/DeepValueInvestor/2021-02-08-story-h1540994928-Warrant_value_stays_high_no_decrease_in_annualized_volatility.jsp

Just updating for those who are interested
https://klse.i3investor.com/blogs/DeepValueInvestor/2021-02-08-story-h1540994928-Warrant_value_stays_high_no_decrease_in_annualized_volatility.jsp

Volume picking up, looks like can fly back to .4 if break .37

Bye Enilec Mak, catch up with you when I move to KL for a beer

If they followed me instead, they wouldnt have burned 5% today...

RIP, today got skinned alive, its always important to have your risk management planned well. I hope no one bought high today

Thats why I said sell... with so many people ready to dispose, hard lo, now 70k tickets queuing at .37...., avgly each one of them has like 3500 tickets DAMN

I hope you are not one of the contra traders, waiting to skin us alive

@auditorandconsultant, last time your mahsing buycall 18-19 Oct was at the peak of 1.24, now mahsing .80 cents, this time can belip or not?

When I wrote the blog, I had no idea that the court approval for warrantholders meeting would be so quick. This sooner-than-expected court approval for warrantholders meeting totally changes the game by limiting the timeframe for everyone to unite and push it up without the late-to-the-party retailers suffering any burn. Hence, after knowing that, the strat is to hold, not to buy more, and then transfer the warrants to BIMB without anyone overpaying the warrant tickets UNLESS the price fixing date is announced to be far far away in the future.

Lets talk about the pessimistic scenario which Day 5 is 8 Feb to limit the risk for all retailers with 3 possible scenarios because investing is all about tapping into the potential earnings while limiting your risk
1. Monday VWAP at .375 (base case)
(0.26+0.2868+0.3203+0.3673+.375)/5 = .322
Those buying at at .375 on Monday will suffer 15.5%

2. Monday VWAP at .4 (price continues to go up case, with retailers' unity and trust)
(0.26+0.2868+0.3203+0.3673+.4)/5 = .327
Those buying at at .4 on Monday will suffer 22.3%

3. Monday VWAP at .35 (price turns with multiple big funds ready to sell, that facebook post I saw, he himself alone as RM1.8mil worth of warrants ready to be offloaded)
(0.26+0.2868+0.3203+0.3673+.35)/5 = .317
Those buying at at .35 on Monday will suffer 10.4%

Until the price-fixing date is confirmed, the safest strat is to hold (if you scare that you might miss the upside potential) or lock in profit (if you are happy with the gains at 65% in 4 days, this is sickeningly good). IF somehow the price-fixing date is somewhere far into the future, its never too late to come back and hoot9e.

Not a buy/sell call, just do whatever you guys think it is best. I am going to sell on Monday because of risk management

In a week, it has jumped like 65%, it looks unsustainable. It might spike, but I am fine with the current return.

Even the big fund guy is selling HUGE. Planning to capitalize on his action, if there is a significant dip, I will consider buying back if the reward:risk is sensible.

Hi bros, someone started posting about the gains from BIMB-WA with a large sell queue on Facebook. And with the current price quite detached from the 5 days VWAP, and it has been up like 4 days. I am selling to lock in gains on Monday, It has been a good ride, guys.

Hi bros, someone started posting about the gains from BIMB-WA with a large sell queue on Facebook. And with the current price quite detached from the 5 days VWAP, and it has been up like 4 days. I am selling to lock in gains on Monday, It has been a good ride, guys.

The contra traders can do whatever they want, hope that no holders got trapped there.

I am more worried for overly-enthusiastic holders that just keep pumping without considering the price-fixing date. This unknown in the game has the potential to burn the holders, for example if the price-fixing date is announced today and fixed at 8-Feb, at the current 5-days VWAP, surely those who bought high will get burned.

Can someone verify the above?

It is so risky to see the price keeps getting pumped without knowing the price-fixing date. How about we wait for the price-fixing date announcement before doing anything

The high court just approved the warrant meeting yesterday

Does anyone know how many days do we have left before the price-fixing date based on experience?

The high court just approved the warrant meeting yesterday

Does anyone know how many days do we have left before the price-fixing date based on experience?

HOLD, please stop buying. Let me come up with a plan on the weekends

HOLD, please stop buying. Let me come up with a plan on the weekends

Yeah, whats the next plan lol? If pump, later VWAP lower than pumped price then die. High court approval way too fast. Thoughts guys?

Wow, seriously not expecting so fast high court approved

Bro most of the warrants are in their major warrant holders' hand, 75% approval can be easily achieved by major shareholders alone

avg only about 0.29 le

So how, the avg VWAP now not high le?
1. .26x
2. 0.2868
3. 3203

Bros, I got a very good question in private message:
Now that BIMB just got the approval to convene a meeting with the Warrantholders for the Proposed SOA within 90 days from the date of the Order.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3126865

Once BIMB gets approval in the warrant meeting for the proposed SOA, how quickly can they set the pricing fixing date? the day right after the meeting?

If the annualized volatility is going to continue to drop until it converges towards the 25.93% as shown in the 4 weeks price volatility here: https://klse.i3investor.com/servlets/stk/5258.jsp, then the warrant value too will converge toward .36 and it will be almost fully valued at this price.

Will update you guys on this matter tomorrow, for those who have holding power, please continue to hold until tomorrow's data is available.

If the annualized volatility is going to continue to drop until it converges towards the 25.93% as shown in the 4 weeks price volatility here: https://klse.i3investor.com/servlets/stk/5258.jsp, then the warrant value too will converge towards .36 and it will be almost fully valued at this price.

Will update you guys on this matter tomorrow, for those who have holding power, please continue to hold until tomorrow's data is available.

I am bit worried that the annualized volatilty might keep reducing and devalue with warrant worth though. Will need tomorrow's data for confirmation. It was a good run today guys.

I am bit worried that the annualized volatilty might keep reducing and devalue with warrant worth though. Will need tomorrow's data for confirmation. It was a good run today guys.

https://klse.i3investor.com/blogs/DeepValueInvestor/2021-02-04-story-h1540310820-BIMB_WA_Should_we_continue_to_chase_it.jsp

Lastest update

https://klse.i3investor.com/blogs/DeepValueInvestor/2021-02-04-story-h1540310820-BIMB_WA_Should_we_continue_to_chase_it.jsp

Lastest update

Today, no more momentum... Contras threw and got out... Sien, I thought they will hold the lines

Wow... Fck the contras, get out of here please

wah wtf who throw again?

BIMB should pay the fair price to collect back the warrants

Yes, BIMB should pay the fair price to collect back the warrants

Hold your lines, we go 50 cents today, then go to to the next updated warrant price tomorrow

@Godblessyou, happy to share :D. Most importantly, thank you for the trust. Without retailers' trust, my article is meaningless and not impactful

Gogogo, once this great wall of china is broken, we will fly to the moon. Not advisable to collect above if the warrant price is above RM0.59. I will do a daily update on the model predicted warrant price at night. Stay tuned guys.

Once we can break the 30 cents heavy road block, flying to the model predicted value shouldnt be a problem

@Envestor exactly, share it out, let the topglov fans know this is the bursabets they should be focusing on instead

@Jerry102411 thanks for pointing out my mistake. I typed wrongly. Just updated it

@theintinvestor the major shareholders get to receive a big amount of cash for WC if the warrant price is raised significantly

Bros, I updated the article with the right strike price and annualized volatility from 1 April 2020 to 3 Feb 2021 data. I think I deserve some likes and a beer

https://klse.i3investor.com/blogs/DeepValueInvestor/2021-02-03-story-h1540305821-BIMB_WA_a_hidden_gem_to_be_discovered.jsp