MACQUARIE issue warrants simeplt CY, by 18/3/2022 if the price of simeplt is above RM 4.38, it will have to pay to its warrant buyers. Thus, it is my assumption that they will use ESG report as excuses to put a pressure on the price. However, I would advice you to take a look at Kenanga ESG report on simeplt at
https://www.kenanga.com.my/wp-content/uploads/2021/05/ESG-210519-TR-Kenanga.pdf
where I quote
"On a corporate level, SIMEPLT and IOICORP both have a No Deforestation, No Peat, No Exploitation (NDPE) policy"

Buying simeplt cx is a ballsy move but I think capital earning from this stock is enough for me already

Thank you Calvin for the wonderful insights and illustration of the ship also taking time to read and reply to me. As you can see, the reason I buy simeplt is because I think it can reach RM 5.00 in near future. I able to get myself a position at RM 4.00 during the rapid bull run of SimePlt on Wednesday and it was my biggest bag holder of my portfolio. I am quite worry that it will drop below RM 4.00

https://www.tradingview.com/symbols/MYX-FCPO1%21/
Look at FCPO price after our BURSA closed at 5.00pm, choose the daily graph and see how FCPO price skyrocket

https://www.bursamalaysia.com/market_information/derivatives_prices?code=FCPO

FCPO increased by +100 when derivative market closed at 6.05pm
Monday up