Exercise price is RM0.68 and looking at current price, the warrant will be trading around rm0.30 level when is opens this Friday (was informed that it will be credited to our account on this date). The mother share should trend upward next week once they clear the purchase made last Thursday and Friday ..... Clear off those on contra. For a guide, look at N2N which is trading around the RM1.00 level.....
Tomorrow will be the T+4 for the last Friday purchase. Thereafter, this counter will most likely move up while waiting for the release of the free warrants. So next week should be more exciting.
I am still pondering when is the free warrant going to be credited into our CDS as till todate, there was no additional listing announcement in BURSA website. But after today, the mother share should trend higher enroute to RM1.00 mark.
Bonus Issue of 103,384,050 warrants in Excel Force MSC Berhad (“Excel Force” or “Company”) (“Warrants”) on the basis of one (1) warrant for every two (2) existing ordinary shares of RM0.10 each (“Excel Force Shares” or “Shares”) held as at 5.00 p.m. on 17 July 2014.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Offer" ] as from : [ 14 July 2014 ]
step6978... yes... it will only be shown in your account once warrant is listed... but no worries.. if you till 14th July the warrant rest assured is in your CDS account :)
will come tat day queenfit... mayb somewhere next month? or perhaps a bit longer? dont worry lah...good fa with good dy... im sure you can relax on this :)
Potential to break RM 1 with their peer N2N already breach RM1
Bought some more yesterday at rm0.76 level. Next week should be show time while waiting for warrant to be listed on Thursday. Anyone wanna guess what will be the range play price for this new warrant next week?
Kindly be advised that EFORCE's 103,384,031 Warrants issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants on the Main Market will be granted with effect from 9.00 a.m., Thursday, 24 July 2014.
The Stock Short Name, ISIN Code and Stock Number of the Warrants are "EFORCE-WA", "MYQ0065WAT78" and "0065WA" respectively.
erm...why i still didnt see my warrant in my account???
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Posted by preego88 > 2014-07-14 10:34 | Report Abuse
so expect the warrant price to be 0.10 : (