Be the first to like this.
7 comment(s). Last comment by Hilaryhuixin1004 2020-07-14 17:53
Posted by loilhs > 2020-07-13 20:16 | Report Abuse
Supermax-HB is a Put Warrant simply means you betting the price to fall drastically to below RM5 (Strike Price) upon maturity on 26/02/2021. i.e. you will get nothing from issuer of the Put Warrant if mother share price is RM5 and above. You will get the difference of the Strike Price & mother share price (based on 5 days VWAP prior to maturity date) if this is a positive value to be divided by the ratio of 20. Details of which you can obtain from the Term Sheet of the Warrant at Bursa Website. Meaning the 2 Put Warrants of Supermax & Top Glove that we have now at Bursa is of no value at all. Hope all investors here will understand Put Warrant.
Posted by petak64 > 2020-07-13 22:22 | Report Abuse
Hello all u sife there. So it still good to buy this spmax HB warrant? What does HB means. I but top glove Ha @.10sen. Closed .20c. Can it still go up.
Posted by Rise888 > 2020-07-13 23:44 | Report Abuse
Petak64, Put warrant acts the other way round, it is only beneficial when mother share drops. For me, I will not touch put warrants, I will offload all if bought it accidentally. Unless you foresee topglove is going to drop below rm12 before the ex-date. If unfamiliar, don't buy, it's super high risk. This is just a suggestion. Buy and sell at your own risk. Wish you luck
Posted by air01557 > 2020-07-14 00:35 | Report Abuse
Buy and commit sucide - HB is of no use in bullish glove scenario
Posted by pdchs > 2020-07-14 14:21 | Report Abuse
air01557 Buy and commit sucide - HB is of no use in bullish glove scenario
Good statement,,,,, HB for TG is equivalent to "see you in hell"
Posted by Hilaryhuixin1004 > 2020-07-14 17:53 | Report Abuse
today just bought in...never knew drop like this...aiyooo
No result.
1
https://dividendguy67.blogspot.com
2
Stock Market Enthusiast
CIMB: Uptrend Continues - Is the Best Yet to Come? (Uptrend + Bullish) - KingKKK
3
https://dividendguy67.blogspot.com
4
Good Articles to Share
Pacific leaders remove Taiwan from communique after China complaint
5
https://dividendguy67.blogspot.com
6
Good Articles to Share
Harris calls Trump cemetery visit disrespectful 'political stunt'
7
Good Articles to Share
Thousands of Australians without power as heavy rain, damaging winds lash Tasmania
8
Good Articles to Share
Five Ukraine-launched drones downed in Russia's Tver region near Moscow, governor says
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ismylife73
699 posts
Posted by Ismylife73 > 2020-07-13 19:51 | Report Abuse
GG to the small fish. Although is not the bank fault, but by providing a put warrant in a rally stock still looks weird.