https://klse.i3investor.com/blogs/icon8888/201116.jsp

CFO can be trying to be tax efficient

If he holds on until RM4, let's say, he has to pay huge tax as it is part of remuneration

Sell now and use proxy to buy back. That will save on tax as capital gain is tax free in Malaysia for non remuneration related transactions

This is just one possibility.

Second level thinking, folks

In stock market, when something happens in the open , it is usually meaningless

The juicy parts always happen under the radar

Maybe Philips should give some thoughts why everybody is reacting rude to him ?

I sold at 120+

Made loss

DK66 I hope you learn something today

I am mighty superman

Jaks n you better run. Your mum coming over

the one thing I appreciate most is the absence of arrogance

I just can't take it when people throw their weight around thinking they are the best

these few days the buyers have turned very assertive, because they know that with successful conclusion of US China trade talk, the market will be entering a bullish phase. So there is no more time to collect slowly. It is buy now or never

DK66's contribution to i3 is not only his articles, but also his civility and gentleness

it is a breath of fresh air for a forum plagued by greed, cynicism, jealousy and other negative attributes

so far 21 Likes leh

meaning many people think he is sincere

Risky Yeo LOL

Ya, but no big deal also if he writes an article like that, right ?


Posted by Ricky Yeo > Apr 4, 2019 1:03 PM | Report Abuse

I don't get the purpose of this. Would you quit if you get 0 like or would you declare I'm a sincere man if you get 1 mil. likes? If you're writing for sharing, then that's it. What other judge you is irrelevant.

1.5 ?

Why not 4 ?

most people think if somebody is writing an article, he is setting a trap for them via pump and dump

https://klse.i3investor.com/blogs/icon8888/90394.jsp

PNB play

Mini sapura energy

i3 has degenerated into a Pasar malam

The recent bullish market has drawn in a lot of newbies open mouth close mouth sharks trap and big fish

Pathetic

Good morning

In 1999, Bank Bumiputra was injected into Commerce Asset Holding Berhad (which becomes the current CIMB Bank). For 3 consecutive weeks, everyday Commerce Asset Holdings Berhad share price went up. It rose from RM3 to RM9 non stop , and it never look back

For the bursa chart , remember to switch to two years period

Actually the i3 chart of peak 1.40 is wrong. I think i3 chart system reflects the rights issue of warrants incorrectly

If Yiu look at bursa website , peak should be 1.80 (even after RI adjustment)

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=4723

MACD crosses zero line and turns positive

Talk no use. Whoever that makes money in stock market is king

"Losers always whine about their best. Winners go home and fuck the prom queen."

Sean Connery, The Rock (1996)

It is not about doing a favour. It is about exercising your intellect

I have a lot of respect for intellectuals, so I am pushing for it

That is the newbie way of looking at things loh

I have a different way of looking at it

And it leads me to conclude that the market is acting rational by pricing warrants at current level

Talk later

Driving



Posted by newbie8080 > Apr 3, 2019 10:38 AM | Report Abuse

Haha.
To be honest, it's more the other way around.
The warrant had run ahead of the mother share.

It should be fundamental leads the way 1st follow by movement in price to justify.

The other way around mean purely speculation.

I think the forest concession issue can be resolved

When I was in university, I approached my lecturer and asked him to explain certain things to me. He took out a 5 inch thick book , throw it on the table and said "go read"

2018 big gain for you doesn't mean you have the right to be condescending towards others

It just mean your method works well for you

Doesn't mean everybody else are gambling and are nobodies

Have a nice day

As I said before, if you stop being so condescending, many people are happy to sit down and have a pleasant chat with you over a cup of coffee

Nothing wrong with Occasionally taking a naked swim

I subject my wealth to risk and volatility so as to emerge stronger

It is better than hiding your little pot of flower in a glass house

The little flower can never grow big

Suffering losses every now and then when bear market approaches is very normal thing to happen

Nothing to be ashamed of

And it also does not mean our method is wrong

My portfolio has grown multiple fold in past ten years based on this pattern

This is the 4th time it is happening like that (2001 internet meltdown, 2008 financial crisis, 2014 oil and gas and property melt down, and 2018 of course)

My portfolio is recovering

Now it is approaching 85% of my 2018

And many stocks in it have yet to run

If the bull market extends into 2020, I am looking at new height

The above was originally provided by Ricky Kiat. I think it was applicable to jaks

When jaks price collapsed few months ago, 99.99999% of the people were pessimistic. They totally disregard fundamentals

https://mp.weixin.qq.com/s/RNFaZbgRTWhPxCjMcA9h_A

那些卓越投资高手能够抵抗得住外部的影响，保持情绪上的平衡，理性地采取行动，既看到有利的事件，又看到不利的事件，在考虑这些事件的时候保持冷静客观，在分析这些事件的时候不带感情色彩。但是真相是有时候，兴奋和乐观的心理和情绪会导致大多数投资人看待事物过于积极。有时候投资人心情抑郁，情绪悲观，会让他们只看到坏事件，解读这些事件的时候也会只往坏的方面想，做消极悲观的解读。拒绝跟着感觉走，不过于情绪化，是投资成功的一个关键因素。

When they issue the warrants in 2013 at exercise price of 4.75, their corporate planning would have already factor in potential inflow of this huge sum

They are looking forward to receiving this huge amount of cash and would have already figured out what to do with it for next phase of growth

It is unlikely they out of the blue would want to take them over and cancel them

They don't gain anything by doing that. They want the warrants to be exercised so that they can get the cash

That is another reason you don't need to worry about being taken over

The Deed Poll is the document that governs the way warrants are to be handled

There are formulas inside there to stipulate what should be done in the event of corporate exercise etc

It is standard format

Grab hold of any copy and you can read about it

Go ask BIMB company secretary if you want to access the document

This case is different. It is not a take over. It is a swap

Everybody is migrating to a new entity

No any one party is taking over other parties

So there will not be compulsory acquisition of warrants etc

The most likely scenario is to issue replacement warrants taking into consideration new economics

No 350 no sell

Maybe 4

The takeover code says fair value must be offered to warrant holders

In the event they take back warrants, they have to take into consideration time value of money

The warrants still have 4 years to go ? That is a lot of time value there based on black schole

I am not worry at all

Nothing lah. I was just saying analyst usually don't have much feel about CF so whatever they say doesn't mean much to me

Oh I answered just now

Thought you have read so I deleted

Just my Guess based on observation

So it confused people by leading them to to think that higher aluminium price leads to higher LB profit

That is why you see LB profit up

And then aluminium price also goes up

Higher aluminium price does not lead to margin expansion for LB. It is a user. It erodes its margin

the margin expansion comes from stronger end product pricing power

And then it spills over to higher aluminium price

You are entitled to your own opinion

It is your wallet