Chi Pet, nampak macam u dah no chance la, Chi Pet

Jalan jalan Zelan jalan jalan!!!

ECB punya QE will give operator further confidence to main market and push up Zelan again Tengok la

I masih remember.. bila last quater result keluar, operator sekali push to 0.385.... regret I tak jual at that time.. tapi point is kalau operator nak push.. naik naik senang je

Tak payah why??Tak payah where??Tak payah who??Tak payah is it a good day??

Zelan control by big operator... big operator kalau push Zelan mesti jalan.

Chi Pet... I think 60 sen tak dapat la, Chi Pet. Going up now

Zelan control by big operator... big operator kalau push Zelan mesti jalan. Ni baru mula je

Zelan baru je jalan... more to come

Zelan sudah jalan!!!!

The decision to leave the originally allocated RM48.5 billion development expenditure untouched, also affirms the government’s commitment to nurture growth.....

There will be plenty of construction works in the flood affected areas....

Ini semua good news untuk Zelan

Chi Pet, tapi volume low je....

Ni sunyi sepi... tenang je... punya counter pun ada buaya?!!?

The decision to leave the originally allocated RM48.5 billion development expenditure untouched, also affirms the government’s commitment to nurture growth.....

There will be plenty of construction works in the flood affected areas....

Ini semua good news untuk Zelan

Chi Pet.... ini company NTA ada about 1.50, lagi pun dia sudah jatuh about 40% from its peak
sure can jatuh to 60 sen??

ks55 u dah making loss kan?? How?? Beli lagi or sell??

why tong sampah share??

Sell OR macam mana??

Kenapa this company like nobody want? Take up right.. nanti ibu drop again??

ks55... jatuh 5.13%, macam mana... what is strategy? ?

Semua orang who bought at lebih kurang above 2.15 on cum basis is suffering a loss at current price... what to do?? Take up the rights issue ?? sell OR ?? Can share...

IOI strong brand.... kenapa macam nobody wants je????

3.38% nampak ok... I ada beli excess, macam ni harap harap dapat a lot

BDB jalan today... the rights issue must be very successful, over subscribed banyak kali

cakap balik Insas.. sebab warrants 2 je so can ignore the adjustment to the ibu.. buat je tak ada adjustment

There is no adjustment to the harga ibu by Bursa is most likely due the the ratio of warant to ibu not big enough so adjustment sangat sangat kecil.. not significant to adjust sebab macam 0.0003452 ini macam

kalau ratio of warant to ibu is big enough... say 20,000 to 1 sudah tentu kena adjust harga ibu

I simpan ni for cenderamata : )


Posted by kcchongnz > Jan 8, 2015 11:49 AM | Report Abuse

Posted by AzmiMerican > Jan 7, 2015 10:39 PM | Report Abuse

Theoretically there ought to be an adjustment to harga ibu, because...

Sum of pre = Sum of post

Else semua company should issue warrant... unlimited warrant... at a conversion price that discourage conversion.... and create value out of thin air for its shareholders

But think the adjustment to ibu is sangat sangat kecil...


This is a most logical argument by Azmi.

A company has 10 shareholders of 1000 shares each. Say the company equity worth $10,000, or $1 per share. It issues 200 share of "free' warrants to each shareholder. The shareholders can sell the warrants to others say at 20 sen each, making $40 and yet still hold the 1000 shares at $1, or $1000 worth of the company as originally did. So a total of $400 is "created" from the thin air?

Bursa may not require the underlying share price to be officially adjusted after the ex-date of the "free" warrant. But if share price before the ex-date is the "true" value, the market will adjust the underlying share price itself by supply and demand. No free lunch.

By right, the total value of the underlying share plus warrants must be equal to the value of the underlying share before the ex date, like what Azmi said.

One way to do it is to value the warrant using option pricing. Some iterations work will be needed to get Azmi's equation of

Sum of pre = Sum of post

kcchongnz

As a value investor u know makna "value"

kevin5059

If Insas does that I give Insas a like haha

Kalau no adjustment to harga ibu anyway ask la Insas to issue 200 warrants bukan 2 je...

Tak tahu la I kalau u cannot sleep tonight thinking about this...

Theoretically there ought to be an adjustment to harga ibu, because...

Sum of pre = Sum of post

Else semua company should issue warrant... unlimited warrant... at a conversion price that discourage conversion.... and create value out of thin air for its shareholders

But think the adjustment to ibu is sangat sangat kecil...

Take 5 dulu la... later

Ya... tapi hapotetical la sebab nobody will convert

( Price before ex + Total no warrant * $1 )/ (Total no share + Total no warrant)

yang ni effect big or not???

6.48pm I can think lagi...

tapi rasa dilution sangat sangat kecil sampai nominal value 0.005 like that

nanti la..... give me a bit of time or u or siapa siapa je fikir filir kan lagi la

ss

Something wrong formula u bawah ni.....

assume full dillution.
Adjusted price = MarketCap / (Total no. share + Total no. warrant)


kalau u nak... + Total no. warrant)..... the MarketCap must be the NEW market cap after conversion of the warrant..... CANNOT be the market cap sekarang

and to convert warrant to share u kena bayar 1.00 so the dilution should be sangat sangat kecil

Kevin

Kalau u cakap value of ibu 1.00 nominal value of warrant when open will be 0.005 then ok la

Tapi u cakap "concerned..." "concerned..." about 0.005... lebih la tu u sendiri cari risau la

I know the details and I faham how the RPS and warrant work. Militia knows how they work.

Yang satu satu I tak faham is nama garang MILITIA!!!! tapi bila cakap sopan je.. : )

yang si kuching tu gambar cute tapi bila buat mulut je fak fak fak.. kurang ajar betul.

Militia sharp. cfoong stupid.

If mother 1.10... warrant will very likely be at least 0.30, so tak ada benefit u pergi convert something that is worth 1.30 to the share cuma value 1.10.... u faham or not? Get it or not??

Cfoong

I know the detail

I was responding to your post that said all rps and warrants holders will convert to the mother share, get it??



AzmiMerican cfoong, u are saying Insas ibu price 1.10

yet, 1 rps + 1 warrant or 1.00 + 1 warrant.... be smaller than 1.10 to make people covert to ibu??

how likely??

cfoong, u are saying Insas ibu price 1.10

yet, 1 rps + 1 warrant or 1.00 + 1 warrant.... be smaller than 1.10 to make people covert to ibu??

how likely??

BEWARE BEWARE

Kalau ikut si kuching punya 2 cents..


^ kalau RPS and warrant diteruskan, ON

Insas will drop to 0.50


^ kalau RPS and warrant dibatalkan, OFF

Insas will drop to 0.50


Satu jalan je... only jalan mati.

Make ur own taksiran... beli ke tak beli


Fakta kini markets menang tak baik.. DJI drop teruk last night

Tu dah cerita lain dah...

Your argument is Insas will drop sebab economi tak bagus... then semua shares kat bursa pun kena la kena juga.. semua pun tak boleh beli..

Kalau Insas drop lagi tu bukan due to the issue of the rps dan warrant... it will be on lousy profit ke market punya pasal

Than again kan semua counters subject to kemungkinan lousy profit market tak bagus??

I think insas tak kan drop a lot adjusted sebab insas dah drop lot already

Ok why dont u bagi lah harga insas on adjusted basis ??

Sebab in the long run ada chance harga naik sebab insas ada future so can naik in the future

Saya tahu... tapi with insas having a future as inari have a future... kan possible in the short term the rps and the warrant trade at higher than their sum?? Or kata lain out of money in the meantime? ?

U must remember u tak payah convert to ibu... the rps and also the warrant will be listed and can trade independently...

U tak pernah tengok warrant trade out of money ke?? Kan warrant always trade out of money? ??

I actually see besar kemungkinan

^ the rps will be trading around 1.00 supported by the 4% interest

^ the warrant at about 0.20... yes out of money I tahu but tell me kan kebiasaan warrant normally trade out of money???

Orangkan beli sebab insas in long term ada chance naik

welcome

welcome