Yes I also said the same thing. Why want to continue writing and provoke more fighting here when he already got subscriber base to pay for the work done. Why want to cause disharmony when he can focus on his subscriber?

Base on ability, respect and FA I choose Kcchong.

Thank you. My calculation is almost there also but my price after bonus ex at rm3.02 (technical calculation) but I put in a lower warrant price much below the 48cents boundary due to the 1:5. I put in 20+ cents region which is almost half of 48cents. I have only 1 question though,can the VWAP price be taken up to Sept 4 as coverage by Thestar business if the EGM approval is on 28Nov?

You are into warrant and bonus too ? Fitters was good but I didn't have enough in then. It was doing VWAP up to 22 Sept at 0.97cents. The warrant and bonus was at 2 for every 5. Technically 2 for 5 at 97cents execise = 27.7 cents per warrant with price before bonus ex date 9 Oct 97+ 27.7 = 1.25 and on ex 89cents approx. you can ref to historical price for this. Warrant must come after bonus although their ex date can be same but issue date has to be after bonus diluted .

This means that mother + warrant is better than pre ex- date bonus dilution because of the 10-1 bonus in which better holding ability.

Charlie, You bought heavy into ENO?

Charlie, IBM internal roadmap not the yearly target. The US20/share is their own target not for the public. I think what we are talking here is the target as the uSD20 per share has been a moving target of every 5 years whereas the share drop because they didn't meet quarterly target. I was interested because I use to work in IBM and a secondy to MAS.

Charlie82, this is what I found out, price plummet because forecast was abandon. Share your link to say that it was a financial road map & target pls. As I understand tech company have tech road maps but no 5 years financial forecast target because the market keeps changing. This target is yearly target

http://www.bloomberg.com/news/2014-10-20/ibm-abandons-2015-earnings-goal-as-rometty-divests-assets-1-.html

Coma= comma

Kancs, I said low cost coma affordable housing. If the land truly is affordable housing, then it cannot be premium land.

Kancs, that not good news to share low cost, affordable housing on premium land.

Double edge sword to hv the 10% buy back. Buy back is to the company not OLH

Boss still buying to support. No footing yet

Today show a bit stability in short trading range. My wish for 60 or 62.5 tak jadi. If tomorrow still in small range can go in.

Hahahaha Sifu Saturn

No point arguing guys, the price already speaks for itself the confidence they have on this diva guy. Don't waste your time arguing with OTB and gang because the paid for his service and have no choice now.i have no regards for low downs. If it goes down I will get more.:)

Going thru Bones write up to get inspiration.

Helen are you a subscriber of OTB?

Ya Ya flag me to cover the truth.

Let me put an analogy to you. You are the kind who wants to tell everyone you donate to a charity foundation, but expects the foundation to give something back to you. In the eyes of genereL public, you are a philantropist but the real ppl who took your charity knows they have to pay for it. In the same context you are doing it here. Give all information for those who paid and give half information for those who didn't. Am I right?

If got more ppl like you in this world, who needs enemy? I know your kind money into pocket is everything

Show me where you told ppl to get out or you told your subscriber only? Aiya if told subscriber only DONT come here and talk. You know how you cunning you sound. Even as much as Optimus is a pain here ppl don't lose money because of him.

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On my radar with current drop

If Z is RM3.20, premium at that point will be about -9.4% while dilution will be at 10/11 times 3.20 = 2.90. This mean anything above Z > 2.90 will improve the dilution price while maintaining a low premium in negative

This is an old news on Nov 4 on ENO, but for calculation purpose if below is correct taken VWAP up to Sept 4 the announcement date by SC on approval, at 2.854, with a conversion price of 2.90, you will have premium stated below. Premium is always better low as it denotes cheap or cheaper warrant. With the current price of 2.51, the premium is 15% which will not make warrant attractive. Make sense? There are two game in play here and the second being bonus. My earlier remarks mention the bonus drive up. If the bonus drive UP touches RM Z, it will be 10/11 times Z on bonus day and Z will ensure both warrant premium and bonus dilution price attractive. Make sense?

http://www.thestar.com.my/Business/Business-News/2014/09/06/EO-plans-bonus-issue-warrants-and-debt-notes/?style=biz

The note from the link
"The company said the indicative exercise price of the warrants was assumed at RM2.90, representing a premium of around 4.6 sen or 1.61% to the five-day volume weighted average market price of E&O shares of RM2.854 up to and including Sept 4."

The other thing to note is Terry the MD bought back 10% the share from Sime at 2.90 and have scheme drawn up for these 10% to the Senior Management while 2.30 is line drawn from earlier legal suit by minority.

One thing I notice is the boss buys back at every interval to support the price but share price very rubbery.

Wait awhile, let me ask God...wait Ya. For those who play Bonus and warrant will understand where I am coming from. I owned Amcorp and Pestech earlier which is already post bonus. Few things to notice is period are short upon the final announcement with ex-date and secondly there is a drive normally based on RNAV + projects in hand. Here Nav is 4.73 and the project is Stp2, Iskandar and London Prince and Esca hse and valuation is soon for Penang . Recently Ivory posted a very good sale in Tanjung Tokong with 10% unsold only. In EnO case it's more of getting valuation and the longer the delay, the higher the valuation.

ENO mgmt need to update on approval of guideline to be followed

Likely to be above 2.6 next week. AMMB seem very bullish on this counter. Just added 7 cents to the 4 target

Wonng123, I don't know I am only hoping. I requeued to 2.50. Reason being I believe next week may have action as it will be 2 weeks before everything..the financial, the EGM, the vote decision which will definitely be passed thru

Still waiting at 2.51

Price of property go up up up and if buyers are foreigner hedging, no difference if take up rate is high. Just read another article on Ivory sales in tanjung Tokong grab until left 10%. Kar Yau kar yau

I am waiting

Coming down to daddy...:)

Looks set to drop further. 62.5?

Aheng similarly OTB and gang don't share ppls losses why promote so hard. Give the facts and be fair not selectively sharing and heavy promote

Congrats Charlie" I had to get at higher price

Buy rate 71% looks like two weeks grace before 28 Nov meeting is shoring early.results? Anyone?

Ayeiyei. Go up to 2.5 band. Hv to q higher. Today seem like stable

Looks stuck at 2.49, my queue at 2.45. Hope it drops a bit for my picking

Post removed.Why?

I m waiting at 2.45 and below. Come baby

Charlie82 your first calculation is bonus dilution not warrant. Bonus is 10:1 Warrant is 5:1. Assuming is 2.90/6 = 48cents and should be <48cents to be attractive unless price can go above 3.38 for mother. Your 26cents is reasonable as it adds up quite close to my number which mean the mother got to trade above 3.16 to be attractive

Wait awhile I ask GOD when share will up. Just hold on Ya...

Going thru orrection as the premium went too high

My opinion is must be less than 48cents for the warrant. Assuming 20cents , 0.20+2.90 = 3.10 the mother share must be above 3.10 to be attractive. Let's see if iam correct

Breach 70cents good chance to 62.5

Gogorock my advice is between now till 27Nov is almost 10 trading days and any further news in bearish enviroment may encourage the drop. Just my opinion