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10 comment(s). Last comment by spermwhale 2015-03-08 08:46

limko1

281 posts

Posted by limko1 > 2014-08-28 23:46 | Report Abuse

While, sound good on theory. Just beware price may drop suddenly and substantially on the last 5 days before expiry. And you know why.

Posted by truthseeker1 > 2014-10-18 20:53 | Report Abuse

Maybank C6. Recommendation time 10.5sen. Now 4.5sen Loss 6sen. If follow KCChong advise to invest 960,000shares at 10.5sen, Maybank C6 value will drop to RM43,200 a loss of RM57,600 in less than 2 months. Stock market is not a place for fun(last paragraph), genting casino or gambling is. KC why so quiet on this blog?

kcchongnz

6,684 posts

Posted by kcchongnz > 2014-10-19 04:39 | Report Abuse

Posted by truthseeker1 > Oct 18, 2014 08:53 PM | Report Abuse
Maybank C6. Recommendation time 10.5sen. Now 4.5sen Loss 6sen. If follow KCChong advise to invest 960,000shares at 10.5sen, Maybank C6 value will drop to RM43,200 a loss of RM57,600 in less than 2 months. Stock market is not a place for fun(last paragraph), genting casino or gambling is. KC why so quiet on this blog?


Truthseeker? Another new name? I think Troll suits you the most as mentioned by someone before. Take this identity.

How to seek truth when you have been lying and throwing wild accusations instead of contributing something useful in i3investor?

How to seek truth when you have anger and hatred in your head?

How to seek truth when you can't even understand simple English as written in the post?

How to seek truth when you can't grasp the right message in the article which anybody who reads English would be able to? Although of course I don't expect you to understand what a derivative is, and how it works.

How to seek truth when you can't differentiate "Recommendation" and "Discussion of issues"?

How to seek truth when you can't differentiate "Recommendations" and sharing and discussions?

By the way where did you find the word "Recommendation" to buy that call warrant?

Where did you find the phrase "KCChong advise to invest 960,000shares at 10.5sen"?


Finally you did cite something from my article as below:

"Stock market is not a place for fun(last paragraph), genting casino or gambling is"

But why didn't you cite the complete paragraph of mine as below?

"Punters are reminded that this is not an even playground for most people, including you and me. However there may be some fun here as long as you take the financial risk management approach as described above."

What are the true messages behind the complete paragraph? Punters, "not an even playground", "fun". "risk management approach".

Why you so stupid, couldn't understand a thing what i wrote and "invest 960,000shares at 10.5sen on Maybank C6" and lost RM43200, and rant here for some stupid actions of yourself?

Hey, is that the best you can do to try to put me down again? I have written 77 posts in i3investor and posted 4030 comments. Still can't find something, instead of showing your stupidity here?

Posted by truthseeker1 > 2015-03-01 21:55 | Report Abuse

If I hold Maybank C6 until expire, how much my investment still worth? If I need to write long like here and don't make money it is not worth my effort.

kcchongnz

6,684 posts

Posted by kcchongnz > 2015-03-02 12:36 | Report Abuse

Posted by truthseeker1 > Mar 1, 2015 09:55 PM | Report Abuse
If I hold Maybank C6 until expire, how much my investment still worth? If I need to write long like here and don't make money it is not worth my effort.


Sorry, you have lost all your RM100600 as your punt has become zero, kosong. I have lost too but just RM4788. I used to lose this type of money sometimes. But now I have shy away from punting in call warrants any more. If anyone asks me about this, I will give this advice.

You can’t blame anyone but yourself for your loss due to the actions of your own. Even if I advised you to buy (I never do that), you still have to take responsibility of yourself. You didn’t read the messages in the article properly too.

The article merely provided you with some knowledge what call warrants are, some lingos, and option pricing knowledge. These are good knowledge if you care to learn. Some good messages were there too as listed for you. They were also in the “Conclusion” of the article.

1) Buying call warrants is a punting endeavour as suggested by the title of this article. Using a few thousand to punt for fun is alright for me, but don’t know about you. Engaging RM100600 in punting is a stupid thing for you to do. Just a reminder to you.
2) Analysts giving the RM11.42 for Maybank were wrong. Didn’t I say before do not depend too much on analysts’ reports. You are stupid to take every report of analysts at face value.
3) Do not always think of how much you will make in the share market, also think of some financial risk management, and how much you could lose.
4) The call warrant market is an uneven playfield. That is why I have quit punting in this market.

Too bad you couldn’t understand a thing about the article. You only got yourself to blame.

Posted by truthseeker1 > 2015-03-07 23:01 | Report Abuse

Example of lemon stocks by KC Chong which is totally gone, only created just 6 moths ago.

kcchongnz

6,684 posts

Posted by kcchongnz > 2015-03-08 03:00 | Report Abuse

Posted by kcchongnz > Mar 2, 2015 12:36 PM | Report Abuse X

Sorry, you have lost all your RM100600 as your punt has become zero, kosong. I have lost too but just RM4788. I used to lose this type of money sometimes. But now I have shy away from punting in call warrants any more. If anyone asks me about this, I will give this advice.

You can’t blame anyone but yourself for your loss due to the actions of your own. Even if I advised you to buy (I never do that), you still have to take responsibility of yourself. You didn’t read the messages in the article properly too.

matakuda

530 posts

Posted by matakuda > 2015-03-08 07:34 | Report Abuse

Hi kc, based on my broad observations (fundamentals not visited) over the years, bankers would normally issue call warrants when they strongly believe that the mother is reaching its peak, the upside is limited for the next 1 year. I wouldn't want to buy the call warrants that is for sure, and at the same time I would not want to touch the mother for the above reasons.

Plenty of examples to describe the above: AAX, MAS, JTIASA, MUDAJAYA, DSONIC, SKPETRO. I can recall Rhb research house went to Sarawak met with jtiasa management, issued a buy call on Jtiasa soon after, and at the same time issued call warrants.

Of course they are also call warrants that investors make tonnes of money but these are very rare. Examples: POS, HAPSENG

kcchongnz

6,684 posts

Posted by kcchongnz > 2015-03-08 08:34 | Report Abuse

Posted by matakuda > Mar 8, 2015 07:34 AM | Report Abuse

Hi kc, based on my broad observations (fundamentals not visited) over the years, bankers would normally issue call warrants when they strongly believe that the mother is reaching its peak, the upside is limited for the next 1 year. I wouldn't want to buy the call warrants that is for sure, and at the same time I would not want to touch the mother for the above reasons.


I think your observation may be right. More of they think there is not much more upside for the underlying share price, especially during the time the euphoria on the underlying share is high.

Actually they can issue call warrant any time. It is just that they will sell to the public at very high implied volatility of the underlying share.

Hence one must understand the game in call warrants, how to value them. Even that the probability of losing is very high.

The play field for call warrant is very uneven here. Issuing houses can somehow easily manipulate them, in my opinion.

Hence I have given up looking at call warrants some time ago.

Posted by spermwhale > 2015-03-08 08:46 | Report Abuse

Remember the warrents are always issued at a premium and you already have a disadvantage. The ib will have nominee shares at their disposal and they can always fix the warrent settling price prior to expiry. Same with the index futures, only institution have the means to move the index. Its only when foreign funds ar in contension then the force can balace out.

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