tomorrow scib warrant reference price is (2.22-1.77)=45 sen , maximum allowable trading price 0.45x5=2.25 instead of 45＋30=75 sen ， so no limit up will happen ... Please take note..

Rocketstock, you will get additional 1250 warrant on listing of bonus mother share

Atlan, clause 2.2.4 of the circular stated that Bonus shares and " additional warrants " will be listed simultaneously...

Additional warrants means extra warrants issued to warrant holders due to bonus mother share exercise at ratio 1 for 2

Understand now ?

Therefore if you have 2 warrants after ex date 22 February , you are entitled to another 1 "additional warrant "

Another ex date for bonus share will be announced after warrant has started trading at Bursa , we are expecting warrant will begin to trade on first week of March 2021

New securities mean any security that is newly listed in Bursa inclusive any warrants or icps

Kfliau, you are wrong again, the limit up price of 30 sen or 5 times will only be applicable on first day trading of any new securities...
Subsequently, the daily trading limit will be 30 sen for stock below 1.0 and 30% for stock above 1.0....

Topearn1, Bursa rules for newly listed security on first trading day , the maximum allowable trading price is " limit up price " OR "5 times of reference price " of the security ..Which ever is higher....

For example , if the closing of Scib on 15 February is 2.25...Then the reference price of Scib warrant on 16 February is 2.25-1.77=0.48 or 48 sen

5 times of reference price means .48x 5= 2.40

Limit up price is 48+30=78 sen

That means the maximum allowable trading price of Scib wa on 16 February is 2.40 instead of 78 sen..

Understand now everybody here ?

Swap all your mother share to warrant when above opportunity is arising !

Buy the warrant at 65 sen and below only when major shareholders are unloading them

Expect it to retest 31 upon releasing of Q results soon

It is set to test the previous high at 60 soon

It is very likely that it will hit 49/50 cross walled pyramid corner before ex date on 22 February

Optimax is set to hit another new high (above 1.24) next week , please monitor it closely if lt is of your interest

If mother share is closed at 2.30 on Monday , the parity ratio is 2.30/1.77=1.3 and warrant is unlikely to trade with 30% premium since the gearing ratio will be less than 2 ...And duration of warrant is only 3 years

if the 53 is the warrant reference price for first day trading , the maximum limit up price will be 53x 5=265 instead of 83 as mentioned above

Kfliau, you are wrong , after the listing of warrant , there will be another ex date for bonus issue , both mother and warrant are entitled to bonus unit at ratio 1 for 2 , by then warrant exercise price will be adjusted from 1 .50 to 1.0

The ex date on 22 February is to ensure every 8 shares you get 2 warrants with exercise price at 1.50 first...

Please take note that , this corporate exercise was designed by me...Inclusive setting warrant exercise price at 1.50 on announcement of this corporate exercise on 15 December 2020

Beast3, yes, after free warrant, there will another ex date for bonus at ratio 1 for 2 for both mother share and warrant ...By then exercise price of warrant will be adjusted from 1.50 to 1.0

Meaning, if you have 8 shares now .... finally you will be ended up with 12 shares and 3 warrants with exercise price of 1.0 instead of 1.50

The highest limit price of a first day trading of a "newly listed security " is the limit up price or 5 times of the reference price...Which ever is higher

Therefore under current price of scib , the warrant "will not be limit up" on coming Tuesday

It is unrealistic to assume that , warrant will trade with 30% premium, since the gearing is likely to be less than 2 , and parity ratio to be above 1.5 even though the duration of warrant is 5 years

Next round retailers should buy warrant instead of mother share

The reference price on 2 February will be adjusted to 2.37..(2.67x 2+1.77)/3=2.37...And we are expecting it to trade below 2.30 in order to account for the premium of the warrant ...Just wait and see , whether or not it happens that way....

Hitting new high again

When the mother is closing above warrant exercise price before the ex entitlement date , there will be a price adjustment on mother share price on the following trading day.....This is one of the rules prescribed by Bursa.
.

Yu and Me @ Kpower was ex-ed without any adjustment because its closing price before the ex date is lower than 10.0 , the warrant was out of money , because kpower warrant exercise price was fixed at 2.50

Immediately after the ex date , mother share price will be trading below reference price as market forces are trying to balance off the premium of the warrant.. or so called its time value ..

There will be a price adjustment if the mother share price closes above exercise price of 1.77 prior ex date ....If mother share closes at 1.85 before ex date , the reference price on the ex date is would be adjusted to (1.85 x 2 +1.77)/3=1.82

Soon to break 1.0

Hope to see it breaking 60 soon

Hope to see it reaching 31 within this week

Can it moves up to 1.0 today ?

#Spring (0216)

整整一年的部署和观察，终于在11月5日看它创历史新高了(29 sen)，到目前为止，它的 cumulative VWAP 是 23.78 sen, cumulative traded volume 是 838.67 million 股。

也许在下一回 #“桃花盛开之时 ”, 我们可以看到它光辉灿烂的一页。

Can start to accumulate....可以开始累积了！

跟 SEM (5250) 和 Mynews(5275)比较, 三间 convenience chain stores , operational cost 都是 在 30＋% of the Revenue , 而 MRDIY 的 gross profit margin 也是最高 的(40＋%) 因此它的 net profit 是在 10% 以上，然而它的 ROE rate 也是最高的 ，50%以上 (很少见到),所以它的“赚钱能力”的“力度” 也是最强的...其实，若它不挂牌，它是不需要任何资金的注入...因为赚钱力度强，用赚到的钱来发展已经绰绰有余了！

next tp 13 sen

Yes, based my calculations on all available data , it is likely to go to 2.0 by year end , a second Revenue is in the making....Ask the boss for free warrant too...哈哈哈！

@xiaoqing88, if you want to learn this skill , come and join 108 兵法投资群组。

@Xiaoqing88, why you are so silly, ask your remisier sell for you ,paid 0.6% brokage...I had been doing this for last 15 years....

We start to " short selling " from 53 sen to 42 sen when we read the announcement that listing of new shares and warrants is on 18th February instead of 20th February...

We are expecting ,tomorrow heavy selling pressure from creditors and financiers as their settlement shares and free warrants that amounted to about 264 million and 61 million respectively will press down the price to as low as 9 sen....Just wait and see !

I heard coming Quarterly profit is about rm 4.0 million.....Let us wait and see..

Expect it to fall below 20 sen on today closing

listing day of right issue with free warrant is on 20 February..

tomorrow , retailers who subscribed for right issue with free warrant will start to " short sell" 2 days ahead of listing day on

We pick Spring Art instead of Wegmans , because Spring Art has consistently better net profit margin (about 16%), and it only required about 40% of human labour of traditional furniture manufacturers due to their using of CNC machineries for its RTA furniture manufacturing production. And pending its factory C that would be using more advanced equipments than the current equipments, therefore Spring Art is possessing rapid growth rate DNA ( 快速成长基因) within next couple of years..

Note: This write-up is purely for research educational purposes only

Buy the warrant is better, due to good gearing (6+) ， and long duration to expiry of about 58 months , and good parity of 90+ %, and company has good track record of good growing rate (more than 20%) over last 5 years....Perhaps another Pmetal Wa or Hapseng Wa is in the making..

It is all within my calculations and prediction....

Next thing to look forward for is FREE WARRANTS.....

Hopefully ,the bosses are as smart and viable as Revenue bosses....

cytew Second wave has just started....If 82/83 is broken, new high is imminent
16/01/2020 9:32 AM

mozart2000 yes, it started
16/01/2020 4:17 PM

shareinvestor88 Not hot solar. Better sell
19/01/2020 3:38 PM

Orson Chin Mother chinhin drop like shit... run run run
21/01/2020 4:50 PM

Primeinvestor 83 broken wor, where is the new high?
21/01/2020 6:21 PM

shareinvestor88 Sell not hot anymore
13/01/2020 1:55 PM
X
cytew We will make it hot again after CNY
14/01/2020 5:30 AM

cytew Based on Fibonacci principle ,if this rebound it touches 76 sen, means yesterday 66 sen was the lowest for this down trend ...And it will trend up to new high once it breaks 82 sen.
09/01/2020 1:05 PM

cytew Based on Fibonacci principle, next support is at 67.5/68
06/01/2020 3:48 PM

@Boon Keng, I think you are quite stupid, can't even read simple English, ask you to accumulate slowly ,and not beyond IPO price of 25 sen....

Accumulate slowly , don't buy beyond IPO price of 25 sen till after Q 4 results is released in February, by then we can see how ignorant retailers react to its Q 4 results when one off listing expenses are charged...