Done, diversified my portfolio with TSH and SOP. Everything points to the right direction!

Just got in today after doing some research at 0.89, hope i'm not too late

Seems like a goreng

Does anyone know how do I attend the CCM if I am using rakuten? Must I email rakuten?

How come the son cannot move? the price gap is ridiculous now.

Hoping after lunch will have show

Why up so much suddenly

UlarSawa is talking sense right now. Collection at 36.5 cents is officially an automatic 4% gain.

My only guess is to unlock funds to go into other counters

Because it's guaranteed a gain? if you buy 1 million shares now you gain it when bank buy back even if it's half cent gain. You are getting extra money no matter what.

price set at 0.38 why people selling at 0.37?

so now the price set is 0.38 why people sell at 0.37??? 2 million volume, like giving out free money

so now it is 0.38 vs 31st March if top shareholders are able to negotiate.

Correct. Basically BIMB will try to press the price down as much as possible so we don't have bargaining power in the future. However, if majority of warrant holders are non-bank related, we should have a better position in bargaining.

silentWolf agreed, I wonder how common it is to have arbitrage trading. I am still quite new to trading and have never encountered something like this before.

If you base on logic, there is literally 0 downside to this stock. It's just a matter of awareness whether people knows the stock status and what will happen. The more people knows, the more money we all will earn. Hence I really appreciate the efforts from AAC and Jeremy, hope we all can make some money here.

I really don't understand the sell volume now. Why would you even sell this stock now? BIMB is gonna buy from you as per announced. Happily collecting more. Hope to hear more news and announcements, thanks AAC and others.

why would sharks want to sell like this now honestly, it's a win-win situation they should just push up the price

auditorandconsultant I have been reading your comments since day 1, and have learnt a lot from your comments. If you're leaving for real, thank you for your insights. I hope you can learn to not let 1 person in an online forum discourage you from posting because I'm sure you've kept many other silent people informed. Hope there will be another arbitrage opportunity in the future so you may make money together with everyone else.

Honestly wondering if the holders at 0.8 or 0.9 really will let the 5 day VWAP be so low.

top up 100 lots already, time to see if kena burn or kena fruits

Correct. I lock in some profits from DNEX, shifting to BIMB.

UlarSawa next comment will end with Correct? Correct?

Manage to collect 0.33

duitKWSPkita tell now la

now changed to 0.36, funny la it's very obvious. I wish I can collect more.

UlarSawa yeap that is what I suspect, now at 0.355 they maybe pull out again

husni007 the VWAP is 0.37 today, hence the warrant now is actually undervalued at 0.355 because if we take last 5 days:

As at 09/02/2021 - RM0.3806
As at 10/02/2021 - RM0.3958
As at 11/02/2021 - RM0.3890
As at 15/02/2021 - RM0.3901
As at 16/02/2021 - RM0.3700

The average is 0.3851. Would collect more as this is a super good price but my bullets are gone into DNEX and others.

Thank you all who responded, I'll continue monitor.

auditorandconsultant sorry I think there's a bit of miscommunication, I meant where can I find each day's VWAP like below:

BIMB-WA-VWAP (Volume Weighted Average Price) for the last 5 trading days

As at 08/02/2021 - RM0.3702
As at 09/02/2021 - RM0.3806
As at 10/02/2021 - RM0.3958
As at 11/02/2021 - RM0.3890
As at 15/02/2021 - RM0.3901

This information can be found through where?

auditorandconsultant how do you find the 5 day VWAP? I can't seem to find it.

pretty_life your comment at 5pm literally says "DNEX superb huat ah". I'm also in DNEX, I am just saying this is two different scenarios with two different type of risks. Right now at this price for BIMB-WA it is attractive. Yes, as scenery said if people sell the VWAP will be less, but that is very unlikely because why would anyone want to sell with a stock that has unlimited upside and it is not a zero sum game?

Anyway I'm gonna stop commenting and let everyone think and analyze for themselves. Let's just all make money together, happy CNY all.

Why are you promoting DNEX here, it is a totally different scenario. This warrant is a SAFE investment since your max loss is the VWAP which is at 0.38 as of now. DNEX can up or down more but it has a bigger risk. Like auditorandconsultant said, it is a WIN WIN situation if everyone buys this warrant pushing the VWAP up.

auditorandconsultant Thank you for being proactive and informative to all in this forum.

moneycashrich it's never a good idea to all in into a stock unless you're ready to lose the cash, but in this case at current price the most you would lose is around 30% (at 26 cents). So if you don't mind the risk and you did your research go ahead and shift your funds.

Just in my opinion, I believe what auditorandconsultant is saying. The warrant will go higher but in due time as right now it is undervalued.

Man all this beer talk is making me thirsty, might just grab one for lunch. Thanks for all the information Enilec Mak, take care.

The volume is slightly worrying, let's see by the end of this week what happens.

Well for the benefit of all investors here including myself, I hope auditorandconsultant is right.

looks like momentum kept up for today

damn, wondering if should pump somemore bullet

The mothershare price is now irrelevant to the warrant in my opinion

yeah very unpredictable. Regardless managed to collect.

steady, we'll see after lunch

exciting day today, hopefully this momentum keeps up

I agree with Enilec Mak, many stocks in Bursa is "undervalued" when compared with fundamentals. It needs a catalyst for the shares to move and in this case for BIMB-WA, it's us.

Enilec Mak yeap what DeepValueInvestor thought was correct, the major shareholders in BIMB was what I was thinking. Fair enough I have not done my research much in this stock, hopefully you are correct,

but at most, it's 4% loss so i think the risk is worth it

thank you for the advice, I think the only thing worry me is that BIMB have majority of the warrant now and will push down the price nearing the end date

EmperorFund what announcement, i've been following FINTEC quite a while now and seems like never go up

now already 27 cents, too late to go in?