G-packet Wb has less number of share issued , lower exercise price and slightly longer maturity life as compare to Dsonic Wa, in addition there is daily conversion for Wb and result in lesser Wb float in the market ..obviously it is relatively cheaper for entry to G-Packet warrant
When G3 was going to RM3.00 , "ooh...how come RM3" , now RM3.70 , "oooh RM3.70!" , SO, eventually the spillover effect will come to GP (got 32% of G3), like it or not. BTW, G3 Warrants should be RM3.60 because the conv price is just RM0.10 each.
The warrants do not offer anymore discount. Currently, it is priced at RM0.345 each and by including the Exercise price of RM0.40, then will sum up to RM0.745 , which is higher than the prevailing market price of the Ordinary Share.
The daily conversion of WRTs to OSs that happened in the recent days will not be continued for longer simply unless the holders of those WRTs have done the purchases during the "discount period" highlighted.
Amazingly, the continuation of selling of Ordinary Shares (after the conv) have not hampered the performance of the pricing. Holders logged in to book their gains when selling price is higher than the total cost. However, some holders do not have the capitals to convert or their WRTs only acquired after the "discount period".
More importantly, the Selling of OSs will be decreased accordingly and it is only normal that investors will be made aware that buying the WRTs will be a better choice / profitable as compare to the mother shares. This is because the moving up of each half a sen will give better returns to the WRT versus the OS.
In conclusion, naturally the demand for WRTs will be more in the future.
Well said beinvested , the beauty is the more warrant being converted means that the no of warrant float in the market will become lesser and price of warrant could be moving faster than the ordinally share as a result of demand & supply..Dsonic warrant is a good example whereby warrant offer a much better return than the ordinally share
Another scenario could be banker pushing the warrant price so that OS could follow by market force whereby a smaller capital is incur by pushing warrant as compare to OS
The price of OS price is yoyo now could be clearance of overhang of converted OS but price is firmly supported by banker at 73 sen level and believe that price will shoot up once overhang is clear
GP WRTs in the market have been reduced proportionally due to the frequent conversion exercised by the holders in the recent days.
Scarcity made a certain merchandise more valuable.
DSonic WRTs are with high premium but the rate of return is better than its mother shares.
IF GP WRT will be following the trend of DSonic (RM0.705 : RM1.14 , 0.618) , in GP roughly is as such outcome ( ? : RM0735 , 0.618). What is ? That will be the price of GP WRT.
As the owner of a business, you seldom being distracted, but you must work diligently towards the higher value of the shareholdings.
I noticed that the concerted effort displayed by the interested parties in the case of GP was highly skillful. Take the WRTs as the example, the price was carefully and jealously guarded until today (RM0.345) half a sen by half a sen from even RM0.19 weeks ago. Had you purchased all you can, the profits are coming to almost above 80% already.
NObody ever got the chance to sabotage the moving up, step by step for the higher price so far. The expiry of the WRTs are a few years to come and when the OS will jump for one sen by sen soon, then we can see that the WRT will follow through.
KK, I noticed that the interested parties have pushed the OS to their intended level firstly.
Suddenly, many noticed that the WRTs are at discounted price. Could be a lot of capital being used to support the OS price level. The level must be higher that the price paid by the Spore fund.
From the WRTs, much more money being made to compensate the OS, if you look at it carefully.
In addition, The company must have the substance, business improvement or expansion to justify the appreciation of the value of your company shares .
Yes , you are right. In fact there is a off market transaction of 75 sen so it could be a silent agreement that the price should be guarded and not to drop below 70 sen. Only insider who has close connection with the business owner is aware on the business prospect of the company and new investor is convince & show a vote of confidence by pumping in fund. Do not forget that beside the business expansion prospect , the market value of Gpacket is increase proportionally with the price increase in G3 Global . The issue of overhang of converted OS and in fact technically it need a consolidation period to "make" a nice chart before the next push up. My prediction is that the next push up will happen in November and till CNY next year with a target price of RM 1.40 and should this happen then the WRT price will be at a dollar level. If the upcoming quarterly result is good and couple with the increase in market value of G3 I believe that my prediction could be realistic and achievable. Time will tell if this is going to happen ....let's see the price level in upcoming CNY
The price of Ifcamsc jump from lowest 28sen to 55 sen highest when Ifcamsc inked a MOU with Huawei HongKong , sharp investor will start analyse if this signed MOU will rally the price of Green Packet . Personally I feel that it will happen as the share price being consolidate for past 3 months which the last rally ended on 31st July , second wave up could begin next week & target price could be achieved earlier due to this unexpected plus factor
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....
4444
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Posted by 4444 > 2019-10-26 15:40 | Report Abuse
25-Oct-2019 Additional Listing Exercise of Warrants - 339,000 shares at 0.400.
24-Oct-2019 Additional Listing Exercise of Warrants - 2,527,000 shares at 0.400.
23-Oct-2019 Additional Listing Exercise of Warrants - 220,000 shares at 0.400.
22-Oct-2019 Additional Listing Exercise of Warrants - 1,450,000 shares at 0.400.
21-Oct-2019 Additional Listing Exercise of Warrants - 8,000 shares at 0.400.