Welcome Invest1688

I hope everyone concerned and/or affected will take initiatives to propagate the need for a regulatory change. A collective action will bring quicker resolution. Thanks guys

knm_bottomed. SW globally are regulated to ensure Investors don't get burned. I suggest you read up or be happy with the PER WORD pay your IB bosses are giving you. Don't come to me with your suggestions. I don't want them

You're welcome Batu4

ahpookhi2, you're welcome.

YPheng, TQ. Hope all of you will take initiatives of your own. A collective grievance, which it is, has to be addressed.

Here's my letter to the Authorities:

Ref : Public opinion about Structured Warrants affecting the price of shares on Bursa Malaysia.

With reference to the above, there is an ongoing discussion in several forum’s, both online and offline, regarding the above mentioned subject. I am part of a group of people who have investments in shares of several companies on the Bursa Malaysia. It has become, quite frankly, frightening to note that such securities can actually impact the real price discovery of the share of a company.

While I concur that Securities and Derivatives of Securities are a necessary part of the overall financial ecosystem; it is to be noted that there is a conflict of Interest inherent in the derivatives that is not being addressed.

I request your kind offices to take a hard look at the historical financial outcomes of these ‘Structured Warrants’, both Call and Put. I assure you that the outcomes have been fairly one-sided, favouring the issuer at all times. I do have statistics to prove my case.

While the USP of these instruments is ‘Hedging risks’, these instruments are directly putting the burden of risk on the unsuspecting shareholders of the company underlying the instrument. This is very unfair and unethical. The shareholders who have not bought warrants, have chosen to do so, knowing fully well the implications of the hedge. Obviously, they are larger in number.

A typical example would be the companies in the glove manufacturing business, on whose share price several (A few hundred) Structured Warrants have been issued. The companies in question have been reporting exceptional profits QoQ and the guidance going forward is even better than it is. This should have, left on its own, derived substantially higher value for shareholders. However that is not to be. The catch, we recognize, is the instruments issued, that have a vested interest in suppressing the price of the shares and thereby the value to the stakeholders.

We collectively urge your good offices to delve a little deeper into this matter and determine the merits and demerits of the case. I am sure you will find on deeper examination that I have a case that needs to be addressed.

I am writing to you in the hope and I am sure the investing community at large will agree, that you will use your good offices to ensure a fair, transparent and dynamic economy for our nation. I believe you will use your extant powers to make corrections if necessary.

Yours Sincerely,

ahpooli2, TQ

Heres my letter:

Ref : Public opinion about Structured Warrants affecting the price of shares on Bursa Malaysia.

With reference to the above, there is an ongoing discussion in several forum’s, both online and offline, regarding the above mentioned subject. I am part of a group of people who have investments in shares of several companies on the Bursa Malaysia. It has become, quite frankly, frightening to note that such securities can actually impact the real price discovery of the share of a company.

While I concur that Securities and Derivatives of Securities are a necessary part of the overall financial ecosystem; it is to be noted that there is a conflict of Interest inherent in the derivatives that is not being addressed.

I request your kind office to take a hard look at the historical financial outcomes of these ‘Structured Warrants’, both Call and Put. I assure you that the outcomes have been fairly one-sided, favouring the issuer at all times. I do have statistics to prove my case.
While the USP of these instruments is ‘Hedging risks’, these instruments are directly putting the burden of risk on the unsuspecting shareholders of the company underlying the instrument. This is very unfair and unethical. The shareholders who have not bought warrants, have chosen to do so, knowing fully well the implications of the hedge. Obviously, they are larger in number.

A typical example would be the companies in the glove manufacturing business, on whose share price several (A few hundred) Structured Warrants have been issued. The companies in question have been reporting exceptional profits QoQ and the guidance going forward is even better than it is. This should have, left on its own, derived substantially higher value for shareholders. However that is not to be. The catch, we recognize, is the instruments issued, that have a vested interest in suppressing the price of the shares and thereby the value to the stakeholders.

We collectively urge your good offices to delve a little deeper into this matter and determine the merits and demerits of the case. I am sure you find on deeper examination that I have a case that needs to be addressed.

I am writing to you in the hope and I am sure the investing community at large will agree, that you will use your good office to ensure a fair, transparent and dynamic economy for our nation. I believe you will use your extant powers to make corrections if necessary.
Yours Sincerely,

Will the Admin please block this Dickface please. He is seriously misguiding the forum. He knows Jack Shit about Shares but acts like he owns Thomson Reuters.

Foker. Nice

Yo Dickface. You stand exposed of your nature, character (if you have any) AND your location.

We have you scanned. Just don't underestimate the power of togetherness

foongkitmun, you'll be fine. Just don't sell

presswood, why are you wasting your time with that Dickface. He doesn't know even

Dickhead you read that word in Gullivers Tales ?

questra, what a Queezy name.EPF called you ?

This IB manipulation has got to stop !

We all agree that we need large funds to underwrite a stock sale and provide liquidity to the markets.
Hiwever, this manipulation without transparent regulation has to stop.

If anyone has any ideas, please put them forth to the concerned competent authorities.

I believe it is the collective responsibility of Bursa, SC and the other regulatory bodies to ensure a fair, transparent and competitive environment for all stakeholders. But, it must be fair and transparent.

There are plenty of Structured Warrants in play, well in 2021. The company's whose shares underlie the Warrants are working hard to provide value to all stakeholders, while vested interests by way of Structured Warrants supress the good work and on the process also damage the lives of millions of unsuspecting Investors.

It's time to make a change. Taking all stakeholders into confidence and ensuring a fair and equitable Investment environment.

This IB manipulation has got to stop !

We all agree that we need large funds to underwrite a stock sale and provide liquidity to the markets.
Hiwever, this manipulation without transparent regulation has to stop.

If anyone has any ideas, please put them forth to the concerned competent authorities.

I believe it is the collective responsibility of Bursa, SC and the other regulatory bodies to ensure a fair, transparent and competitive environment for all stakeholders. But, it must be fair and transparent.

There are plenty of Structured Warrants in play, well in 2021. The company's whose shares underlie the Warrants are working hard to provide value to all stakeholders, while vested interests by way of Structured Warrants supress the good work and on the process also damage the lives of millions of unsuspecting Investors.

It's time to make a change. Taking all stakeholders into confidence and ensuring a fair and equitable Investment environment.

Which other Businesses will grow thie Investment ? Please direct them

Invest888. You're right. EPF needs to show that their Investment is growing. And that they make a few Millions with the dividend also.

The price must remain high till end of trading on Tuesday

JUST DON'T SELL TO THESE CROOKS

TeamRocket, which company you work for ? I want to invest in that stock

MoneyMakers. Just keep the price high. Higher the better. No need to call for Warrants. The issuer must credit the difference on Expiry date automatically

nubility666 those are Total Bursa stats. Not just Top Glove

What is REALLY CROOKED is:

Taking money from people for warrants and telling them to bet on the bet they have taken. And then control the price of the share so they don't have to pay up.

Crooked ? Evil. Scam.

Dickhead you obviously have'nt gone to school.

Sell 1 at RM 8 buy 2 at RM 2 = Genius

Hey Dickface you must be facing the sun from the east. It always sets in that direction

humongainz, good morning dude. All the way up buddy. No worries :)

@ChrisMz. Thanks dude

@ChrisMz thanks. But the change shown must be relative to something. From previous day ?

ChrisMz, good morning. Is that just Top Glove stats ?

@Parrot hahaha, just like his recognition of Gloves vs Crude Oil

Parrot, thank you. Do you think it's a good idea to take that JF Apex guy out for a Teh Tarik ?

Added to that is the fact that many Glove Companies inspite of realising over 300% incremental profits QOQ are still valued at very low PE multiples compared to much lower earning companies

The other Analysts is also to be reminded that vaccine or not, the Glove companies have confirmed orders leading upto delivery periods of 609 days from today.

The catalyst is the simple fact that the Glove Industry Earnings are increasing quarter on quarter by over 300% . Please convey that FACT to JF APEX

Dickface, yes it is. An OPTION. Like your O P I N I O N

Dickface is back !!!

You sound sad.

That's right Dave2. One side is relief. The other side is shivering :)

Gnath77 why do you have to keep modifying your handle ? Admin keeps banning you ?

Shark 88, the only reason I can think of is the price is artificially suppressed since a lot of call warrants start expiring next month onwards.The IBs cannot risk the price going up and not being able to bring it down

Hey Stockisnotfun. Relax. Its going up. Sit back & enjoy the view. just DO NOT SELL

TeamRocket, your company has no money to pay the Warrant holders. You for sure wont get paid. Quickly find a job before its too late.

nubility NO. Waste of time

Everyone of us should petition the Securities Commission on the absolute lack of Transparency on the Structured Warrants.

Any security issuer, be it Shares, Warrants, Bonds, etc that are tradeable on the Stock Exchange must have a Market Maker.

In the case of the Structured Warrants. Where is the Market Maker?

The issuer plays Market Maker in the Underlying shares? While the Warrants dont have any liquidity ? That is the most crooked way to make money.

Therefore my prayer to the Securities Commission is:
1. That a Regulatory Framework be put in place to protect the common investing public.

i). Make it mandatory for issuers to provide liquidity for the warrants. Its only fair, since they are issuing the security. Getting paid for it. And allowing it to be listed for trading on an exchange.

ii). The issuer must be restricted from dealing in an underlying security. After all, the USP for a warrant is 'Bet ON Another Bet'.

It is evidently clear that an Issuer of a Structured Warrant has a vested interest in the price of the underlying security. That is clearly a Conflict of Interest.

iv). When listed entities are mandated to report daily purchase and sales of their own shares with details of price and the consequent change in their Treasury, Ordinary, Preferential shares; Why are the Structured Warrant issuers not required to do so ?

I hope the regulatory Authorities will take note of the plight of the many common shareholders left at the mercy of the Funds or Investment Banks and show some concern to the people that provide tangible worth to the Economy of the nation.

Everyone of us should petition the Securities Commission on the absolute lack of Transparency on the Structured Warrants.

Any security issuer, be it Shares, Warrants, Bonds, etc that are tradeable on the Stock Exchange must have a Market Maker.

In the case of the Structured Warrants. Where is the Market Maker?

The issuer plays Market Maker in the Underlying shares? While the Warrants dont have any liquidity ? That is the most crooked way to make money.

Therefore my prayer to the Securities Commission is:
1. That a Regulatory Framework be put in place to protect the common investing public.

i). Make it mandatory for issuers to provide liquidity for the warrants. Its only fair, since they are issuing the security. Getting paid for it. And allowing it to be listed for trading on an exchange.

ii). The issuer must be restricted from dealing in an underlying security. After all, the USP for a warrant is 'Bet ON Another Bet'.

It is evidently clear that an Issuer of a Structured Warrant has a vested interest in the price of the underlying security. That is clearly a Conflict of Interest.

iv). When listed entities are mandated to report daily purchase and sales of their own shares with details of price and the consequent change in their Treasury, Ordinary, Preferential shares; Why are the Structured Warrant issuers not required to do so ?

I hop the regulatory Authorities will take note of the plight of the many common shareholders left at the mercy of the Funds or Investment Banks and show some concern to the people that provide tangible worth to the Economy of the nation.

That's right Bull CRAP

Find another job you crook

Knm... like your paymasters ?

Dickface, you're jobless. Why you worry about EPF ? That's meant for people with JOBS