Posted by passerby > 2013-07-04 22:45 | Report Abuse

i3 has improved a lot recently, now need not to copy & paste from Bursa website any longer.

where are all the kutu-kutu warrants.....jangan sembunyi-sembunyi wor....:)

Posted by leviathan > 2013-07-09 22:22 | Report Abuse

kcchongnz Posted by leviathan > Jul 9, 2013 12:34 PM | Report Abuse
Trop-CA.....saving you some time to compare

Thanks for sharing. But could you tell us why you like to punt on Trop-CA?
09/07/2013 13:56

just pangsai finished, so got little time for forum. reasons....ermmm......like this ok kua ?

1) Long expiry date - 30/06/14 still got a year away.

2) Current premium ~ at 11.5% for 1 year life span CW, Trop closed at MYR 1.92, okla , since there is one & the only CW available to track Trop. Maybe after other market maker start issuing the new one, the premium base will drop kot.

3) Gearing - around 6.62 times theoretically.

4) Status - in money

5) Issuer - CIMB IB, I personally don't have issue with the liquidity & market maker participant if the CW is issued by CIMB.

6) Bid range - okla, different by 0.01 the ask & bid price. Can cut loss fast if anything happen to underlying.

Above my personal view on the CA la, more important one is on the Trop underlying

1) FTSE BURSA MALAYSIA SMALL CAP INDEX TOP 10 CONSTITUENTS - No 1.
based following link dated back at May 2013 http://www.ftse.com/Research_and_Publications/2013Downloads/FTSE_BURSA_Malaysia_Report_-_May_2013.pdf

2)FTSE BURSA MALAYSIA SMALL CAP SHARIAH INDEX TOP 10 CONSTITUENTS - No.1

3) Withdrawal from regulated short selling list - refer to post by benhctan- Posted by benhctan > Jun 20, 2013 10:28 PM | Report Abuse

The following stocks were withdarwn from the Regulated Short Selling.
1 5401 DIJAYA CORPORATION BERHAD

4) Company doing aggressive share buy back , EPF has emerged as major shareholder

5) A po po, out of nowhere suddenly appear so bullish at Tropicana thread

i go pangsai first, brb after finish pangsai

Posted by kcchongnz > 2013-07-10 06:39 | Report Abuse

leviathan,
Excellent explanation. Got more call warrants to recommend or not?

Yes, the potential return of Trop-CA depends solely on the price movement of Tropicana share price. Do you expect there is spurt of volatility in the underlying share? Is the underlying company expected to do well for the next financial year and its share price will be making positive big move? These are the considerations.

Checking the target prices given by the analysts, only two of them, the average target price is not high, just RM2.25. If Tropicana achieves this target price, the potential gain is 38%, not overly high. But if the share price movement is the other way, one can lose quite some money; for example, if Trop share price just stays at present value of 1.92, buyers of Trop-CA loses 76% at expiry; 100% if it drops below the exercise price of RM1.85.

Of course analysts' target price is just a TP. Often their TP do not turn out to be right.

So it is a risk-reward consideration.