my land mines all in position :)

lol, you still can remember heehaa

sleeping very well also here :)

on reversal suddenly :)

KC, you now holiday at Japan still can log on to i3 do postings ? :)

not afraid later your wife get pissed off & crush your device

thanks for your comment batman :)

tiger on the move

yesterday looks like sell on news

today looks more like force sell for those unable to sell yesterday if they entered on last Friday & Monday

you don't see correlation also...you are 2nd one to said that..

I thought it should be down Sime & up E&O if GO is on the card...i might be wrong.

mind to share your view ?

they r dumping sime now, good sign ?:)

the road block at 9.8 for Sime seems to stay

issit :) ?

they wanna distribute treasury shares or privatize ?

where you get your source ?

they are taking position

I want to read batman postings again also very hard now...:)

aiya, watching you guys arguing, sekelip mata, E&O-CE kena sapu, haven't even manage to key in queue...

guys....chill up, don't quarrel not good for health

sell on news play

local news only out today :)

trade smart,know how spot when the punters are in :)

hi batman, long time no see :)

what is recoil ?

you notice SPB - very low profile counter. I heard the old lady just retired & handed over the management the son already

gearing = underlying price / ( warrant price x exercise ratio )

it is a measurement of how many number of underlying equivalent you can purchase with a unit price of the underlying

for Sime-CR, gearing should be = 9.80 / (0.04 x 8 ) = 30.6 times theoretically. However, the effective gearing ratio could be less

high gearing = high leverage exposure. 1 tick of movement, you will see a significant % of gain or drop. It always associated with high risk

If you see the mathematical equation, high gearing happens when
:-

a) all parameters the same ( warrant price & ratio ) but underlying price went higher = means warrant trading at low premium or discount

b) all parameters the same ( underlying & ratio ) but warrant price went lower = means warrant is deeply out of money

* notes, exercise ratio is a constant, you can safely ignore it in your analysis on the mathematical equation.

You can do the rest of the analysis on your own from here :)

if this continue, sooner or later, all the fundamental kakis become punters kaki already

try to do reverse valuation MC, you will be able to estimate your seller anticipated price on underlying

There are 2 categories of traders who are throwing CR at current premium.

1) The one without any knowledge on SW - their intention is to buy low, sell high, buy high & sell higher. Easy to read their mind

2) The one highly experience in warrants trading, probably they know what is going to happen to underlying in near term. - this group is the one you need to worry

The low premium is there some reasons, you need to explore all the possible reasons

I see, I'll treat the "sour taste in mouth" = bad corporate governance :)

potenza10 : did you initiate any yesterday ?

MC: you are conscious about the article also :),I like the theme of "proper corporate governance" . Do you feel the article is actually turning 1 big round to give a slap on Sime & SC face ?

It was mentioned that their practice will be use a the benchmark for "good/proper corporate governance" by other GLCs

What they did on E&O last year is consider good corporate governance ? CLSA is dropping the bomb on that issue.

Foreign investors are watching & observing their "good corporate governance" practice , lol

make sure the date remain tonyliupar :), it gonna be check mate for the tiger

my land mines are ready, waiting for the tiger now :)

sime road block at 9.8 disappear after so many weeks

you are also targeting end of this weekend to make move ? :)

potenza10 :

what should we do during exercise of the WA?
you'll need to fill up the exercise/conversion form. call up your remiser, they will furnish you the form. Apart from that, you need to prepare the cash / cheque for the exercise. in this case, it should be 0.40 per unit. submit the form & the cheque to your remiser , they will do the rest for you.

is it an automatic process for those warrant holders?
it is not an automatic process, you'll need to decide to exercise it or not.

refer to Glomac thread, someone just exercised their glomac-wa recently

seems like the sentiment over Sime is improving today

today queue failed, tomorrow trying again

1 day, then you might consider already since you are expecting such a good momentum for your particular case. Break even point is at 0.435. the moment underlying move above 0.435 you made positive $$ but be warned of the short expiry period, the moment underlying drops below 0.4, there will be total loss - you don't get a chance to convert at all if you are unable to dispose to market.

potenza10: how soon do you think underlying will hit .435?

actually i didn't dig into details. The GO is the speculating element i'm trying to ride on in the short term.

it is because the court case haven't got any outcome, i'm speculating. if court case confirmed, i'll cabut like see ghost already.

buy/speculate on rumor, sell on news - this is the way to speculate on BSKL that I have learned from others :)

i'm punting on small amount, so they won't make much if they really wanna con me :)

so in your opinion, it should be -ve results for this quarter ? :)

ya hor, it was last week :)

tommylou: you hold alot ? :)

lol, not me. i'm still on safe water, waiting for re-entry :)

i see the big road block at 1.65 & suddenly the buying queue disappear

on alot ppl wanna sell today ? i see it from my screen :)

on the GO ? all the existing posts by our friends here ( batman, russ, roof, tonyliupar, diablo88, list goes on ...) :)

seems like a lot of people wanna sell today

yup, actually the MGO period is over but some of members here are looking for the possible GO (speculation only) :)

lol, MC is doing some experiment here.

follow batman & russ, you'll be on safe side

follow me, anytime you can go Holland :)

likely to initiate a position soon but it is on speculative basis

depends on your risk appetite

got some article on corporate governance related to Sime appeared on The Edge latest issue but non-related to E&O case. Worth to give it a read

I'm waiting till it reach the break even point or at discount to underlying. Else I will just go after the mother share.

wrong thread? expiring on 14/12/2012