@Sweetchocalates small one still newbie, can't find the loopholes eg foreign operator where its hard to trace and have proof. Helang syndicate know all the loopholes in the trading rules and leave no trace.
@karadis MMAG’s Warrant still worth buying at this stage?
MMAG-WB: Exercise ratio = 1:1; Exercise value = RM0.20; Current share price = RM0.56
The price required to convert to the stock = ( warrant price ✘ ratio ) + Exercise value = ( 0.24✘1) + 0.20 = 0.44
The price for the warrant to be converted into shares is RM0.44, but according to the 24/3/21, 11am mother stock price of RM0.56, there is a premium of -RM 0.12, which means that the price of the warrant to be converted into shares is cheaper than buying the shares directly in the market.
How to calculate premium%? Formula = [(warrant price✘ratio) + Exercise value – Shares price ] / Shares price Premium % = [(0.24✘1) + 0.2 - 0.56] / 0.56 = -21.43%
In other words, it is 21.43% cheaper to convert into shares with warrant than buying the shares directly in the market.
Conclusion: MMAG-WB --- undervalue and still worth buying at this stage!
The price is unlikely to go above 0.41 today. The smart operator will like those trapped in here to buy more to average down. Just stop buyin in and the hungry shark will fry it up again when they wants more money.
Really disgusting!! this MMAG operator manipulate too over! if they are not taught, there will always be more victims! Anyone know how to make a report to Bursa or UMA?
i got took the photo of the fake q before lunch with time..going to write email to bursa...as this operator counter is manipulating the the price queue and mislead the retailer...
Go read their chart for past 5 years and u can see the trend. I wonder how they fry if nobody buy? March always there lowest, maybe that the month the gf dumped him.. lol.. Same trick but every qr people get trapped. Sad to see
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....
sengkee
2,060 posts
Posted by sengkee > 2021-03-25 10:20 | Report Abuse
Sad. Sold all at loss. Moved other other stock to recoup my losses here. Good luck