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Stock
2012-11-02 10:40 | Report Abuse
i think i found exercise price to be at RM0.80.
I dont know what i should do.... Seems definite rugi...
Stock
2012-11-02 09:42 | Report Abuse
Hi minkowyap, for your comment (b) sell on the market on or after 3/12/2012. Does this means that if i buy the WA, i can only sell it after 3/12/2012? y?
is switching cost at RM400 a fix cost? no matter how many units?
Stock
2012-11-01 09:22 | Report Abuse
RM1.15 x 1000 = RM1150
RM0.13 x 500 = RM65
Effective share price = (1150+65)/1500 = RM0.81
Current share price at RM1.02
Profit should be higher if opt for option 2, right?
So if i bought up the warrant when can i sell it?
Thanks!
Stock
2012-11-01 08:57 | Report Abuse
Thanks minkowyap, So if i opt for Option 2 which is I purchase the warrant at 500 x 0.1 = RM50.00. does this means that i am actually buying the stock at RM0.10? (current stock price is at RM1.00)
Then it should be better to choose option 2 then, am i right?
Stock
2012-10-31 00:40 | Report Abuse
Thanks Minkowyap for your reply. Appreciate it. So assuming i have 1k units. What would be my warrant entitlement? does it mean that i will have the warrant automatically at 2nd Nov and can sell it anytime?
Thanks
Stock
2012-10-30 09:24 | Report Abuse
Need some advise...
LISTING'S CIRCULAR NO. L/Q : 66279 OF 2012
RENOUNCEABLE RIGHTS ISSUE OF 46,000,000 WARRANTS IN MUAR BAN LEE GROUP BERHAD
(MBL) (WARRANT(S)) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2)
EXISTING ORDINARY SHARES OF RM0.50 EACH IN MBL (MBL SHARES) HELD AS AT 5.00
P.M. ON 31 OCTOBER 2012 AT AN ISSUE PRICE OF RM0.10 PER WARRANT (RIGHTS ISSUE
OF WARRANTS).
Kindly be advised of the following :
1) The Rights commence of trading : [ 1 November 2012 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of
Offer :
[ 2 November 2012 ]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 19 November 2012 @ 5:00pm ]
4) The Rights cease quotation : [ 8 November 2012 ]
The Stock Short Name, Number and ISIN Code [ MBL-WR, 5152WR and MYL5152WR009 ]
respectively
MANAGER, SEC. MARKET
Means what......? I do have some stocks on hand purchased at 1.15
Stock: [MBL]: MUAR BAN LEE GROUP BERHAD
2012-11-02 12:15 | Report Abuse
Minkowyap, thanks for the reply, it is a good lesson to learn. however i dont have the divident....so is still rugi. What is ur forecast on this company share currently (saw ur previous post that its a good/growing stock)
Btw, what is the average price of 0.13 in my account for MBL-WA stand for?