I respect Coldeye, Warren Buffett, Peter Lynch & some other good people here in i3, he is not in my list.

But one thing I don't agree is that I believe none of us here in i3 have any financial resources to push up any shares. So, it will be not fair to say some sifus can use more money to push up shares they bought since they don't have that kind of powers :)

Good observation, BN_menang, I restricted myself up to 5 stocks at any time so I can easily monitor them. Agreed on VenFx.

Posted by BN_menang > Nov 14, 2016 11:46 AM | Report Abuse
moneySIFU different sifus has different ways of buying shares. If you look at VenFx he like to sailang few ctrs. I think you also the same. But myself I buy many ctrs with minimum bet around RM 8000(bec my minimum brokerage RM8). But I always have some cash so that can take advantage during market downturn like nowadays.

Warrant exercise price will be adjusted from RM1.35 to RM1.22

Hi Alwin Wong, sorry for I am not sure on this.
----------------------------
Posted by Alwin Wong > Nov 13, 2016 08:33 PM | Report Abuse
Yo moneysifu, i see youve been following ekovest for quite some time. Want your opinion whether it is wise to hold until the ex date of split ?

Please refer to my calculation & basis on getting the adjusted exercise price for warrant in regard to the special dividend.

http://klse.i3investor.com/servlets/stk/8877wb.jsp

chanel, it is partly true, warrant's exercise price will be adjusted accordingly with the special dividend that paid to mother share.

Hi, Calvin, steel stocks still can go?

No of shares in Genetec should be consolidated from 70,100 to 17,525.

Current market value = 14,984
Loss Genetec = 5,043 (-25%)

Overall = negative returns

consolidation on Genetec from 4 to 1, result inflated.

Good selection on KESM, Gadang & TecGuan

For records, I have screenshots current top 10 self-managed portfolio stocks transactions & performance to see how's the results by end of years.

For records, I have screenshots current top 10 self-managed portfolio stocks transactions & performance to see how's the results by end of years.

Good buy on Pesona

For records, I have screenshots current top 10 self-managed portfolio stocks transactions & performance to see how's the results by end of years.

Well done, Icon8, it will be great if you can note down your buy & sell transactions by leaving comments here

For records, I have screenshots current top 10 self-managed portfolio stocks transactions & performance to see how's the results by end of years.

Well done, BN_menang, it will be great if you can note down your buy & sell transactions by leaving comments here

1.35 x [( 2.50 - 0.25 ) / 2.50 ] = 1.215
rounding up, the exercise price will be RM1.22

Formular for Exercise price adjustment for Special Dividend=

Exercise price x [(current price - special dividend) /current price ]

Correction, Warrant conversion 1.22 will be = 1.22 *2/5 = 0.49

Warrant 0.55 + ex-price 0.49 = 1.04 while mother will be 0.90, so the premium will be 15.5%.

Adjustment to mother shares = 25 cents (approximately 10% to RM2.50)
Adjustment to exercise price of warrant = 13 cents (approximately 9.5%)

Adjusted exercise price is to be calculated at RM1.215, due to rounding up, it rounded to RM1.22 :(

probability, you can refer to special div previously declared by Sunway & Tanjong Offshores, calculation of adjustment for new exercise price were given in the notices to all warrant holders

No, the new exercise price will be RM1.22

Let's take a look at the recent month's premium records:

When Ekovest was RM2 & Warrant was RM1
Warrant + Exercise price = 1 + 1.35 = 2.35
Premium = 17.5%

Even taking into adjustment for special dividend on both mother & warrrant, it should look like this:

Mother share less 25 dividend = 2.50 - 0.25 = 2.25
Warrant + Exercise price = 1.37 + 1.22 = 2.59
Premium = 15.1%

Based on my calculation & existing prices of mother (RM2.50) & warrant (RM1.37) shares, the new exercise price will be RM1.22, revised from RM1.35.

Based on previous practice of declaring special dividend by other companies, the exercise price of the warrant will be adjusted accordingly.

Special cash dividend of 25 cents will not dilute the value of Ekovest warrant

Oh, i mean warrant

Added yesterday 1.34, leverage up :)

情绪不容易掌控，但如果能好好利用，成功也不远了

External market not good, be more cautious. Make your judgement from time to time.

Not to be over excited as if these things can happen in one day, one day it may be reverted back where it were.

RIP

Hi optimus9199, I will not be in town, so can't attend :(

25c Special div plus 3c final div give strong support to Ekovest,
---------------------------------------------------
moneySIFU 25c Special div plus 3c final div will give strong support to Ekovest, even though many good news has come in past few weeks, I trust more to come for Ekovest.
11/11/2016 01:19

Who knows Ekovest will win one package of MRT2 job? MD said they are tendering for all big jobs.

Even though current jobs are good enough, the more the better. So, let's see.

25c Special div plus 3c final div will give strong support to Ekovest, even though many good news has come in past few weeks, I trust more to come for Ekovest.

Here you go, all stated in the announcement.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=75898&name=EA_GA_ATTACHMENTS

Split share will be done after special dividend. It depend on the management when they want to do it.

What I can see is it will be done between Jun to Dec.

Very likely is ex date for div goes first, split share follow, then payment of div later.

And the special dividend will be paid within 6 months from the completion of transaction:

2.6 Utilisation of the proceeds
Distribution to shareholders of Ekovest
Up to 244mil
Within 6 months

Hi 8wpwtmt8, both parties are given 6 months to complete the transaction (please correct me if wrong), see below:

2.3.1 Conditions Precedent
The obligations of the SSA Parties in respect of the SSA are conditional upon the following conditions precedent being obtained or fulfilled or waived (as the case may be), by the day falling 6 months from the date of the SSA, or such later date as the SSA Parties may mutually agree upon (“Cut-Off Date”):

FULL EVENT: Donald Trump Foreign Policy Speech In Gettysburg, PA (10/22/2016) First 100 Day Plan
https://www.youtube.com/watch?v=_R4L-Os2LSI

Oh, I didn't know that conventional insurance is haram for muslims. Thank you for sharing.
-------------------------
dawstz

4. you part on takaful is true...in fact, when the government will push ahead with a national health insurance scheme for public health financing as per the european model, i expect the takaful business to grow substantially as conventional insurance is haram for muslims...and there are only 5-6 takaful solutions in the market right now
17/10/2016 22:27

Hi dawstz, I read your past comments in your comment section, your comments were constructive & meaningful, please do share more your views with us to make this i3 forums better place.

Let's take a look at the recent premium records:

When Ekovest was RM2 & Warrant was RM1
Warrant + Exercise price = 1 + 1.35 = 2.35
Premium = 17.5%

Even taking into adjustment for special dividend, it should look like this:

Mother share less 25 dividend = 2.55 - 0.25 = 2.30
Warrant + Exercise price = 1.38 + 1.35 = 2.73
Premium = 18.7%

The 7% premium for Ekovest warrant with 2 1/2 years to go is unbelievably good offer for better option to hold Ekovest.

Mother share = 2.55
Warrant + Exercise price = 1.38 + 1.35 = 2.73
Premium = 7%
Days to muturity = 956 days or 2 years 7 months to go (25 Jun 2019)

If Ekovest is RM3.50, warrant may be RM2.50.
If Ekovest = RM4, then warrant = RM3.

Who knows? Anything is possible. But gain big also lose big. Let's see.