Bro agil, I’m asking my Remiser how long it takes to convert. I have sold all warrants just now, i might buy back if conversion time not too long. U can do the calculation, which way they make more money? Push warrants up 30% up or keep pressing it down and silently convert and sell mother 1.50 if they able to maintain.
Macrullen bro... dun think they will let u make much from warrants. The scenarios can be warrants n mother fall together or mother more or less maintsin but warrant falling more. Ur guess is as good as mine
As long as the digital bsnkung license is in place, GP will still very much toght range. And the announcement is only gona announce end of year by BNM. Wat it need is on n off anniunce news if webank wechat tencent related news to keep it hot
for those who bought mother below 0.86,i strongly advice u to sell mother to lock in profit first.buy warrant at 0.46 u actually still keeping GB but with lower price/lower risk(0.46+0.40=0.86).if u think GB will go higher than 0.86 on year 2023,then better to sell mother buy son now
If you have mother share, dump all and buy the WB share...considered reverse conversion, .making a huge capital gain of 57.5 sen and at the same time still have the WB in hand for future conversion again. Double whammy.
All kind of sifus and gurus come out and talk about their theory why warrant is cheap. Reading all of them amazed me. The sifus and gurus are so creative and very well described of their own version of conspiracy theories as why warrant cheap cos depress them dump then trap. It appears it sounds logical and looks logical but i believe market behavior is just way too complex than this simple theory.
Just wau and see. If u are in, be brave and take the risk. If you are not in, find somethg that u are comfortable and make some monies. Happy trading tmrw. Cheers!!
this trick is too common and i think currently GPacket is too high profile with the Kiple-everything everywhere now to pull this stunt, so maybe something else....
Posted by CKT1818 > May 18, 2020 5:30 PM | Report Abuse
A lot asking why gpacket wb is not moving in tandem with the mother price?
The reason is because this is the trick used by the operator which reminds us of DWL.
DWL price shot up aggressively last year and the warrant didn't move
So what's the motive for this?
The motive is to create an impression that the warrant is lagging because it's underpriced with low or negative premium.
This will definitely spur retailers interest by trapping them into their game.
So what happens when retailers sees this?
They will think this is cheap and they will start to buy the warrant instead of the mother because it's so much cheaper
So once they make people chase the warrant the operator will dump the mother and all retailers will get trap in the warrant.
this is the best theory i have seen here so far....take money first then still can convert later if they want....
Posted by goldenluck16 > May 18, 2020 5:35 PM | Report Abuse
If you have mother share, dump all and buy the WB share...considered reverse conversion, .making a huge capital gain of 57.5 sen and at the same time still have the WB in hand for future conversion again. Double whammy.
this is news on 12/03, i am gonna trust the private equity valuation and buy WB around 45-46sen to be safe and prepare to keep for few months or longer....
-------------------------------------------------- Meanwhile, Green Packet Bhd saw 47.2 million shares, or a 5.1% stake, worth RM40.36 million change hands, Bloomberg data shows.
Filings with Bursa show that on Feb 19, Summit Synergy Ltd acquired 35 million Green Packet shares for 85 sen apiece, or a total transaction value of RM29.75 million. This brought its stake in the company to 100 million shares, or a 10.8% stake. Summit Synergy is the vehicle of Singapore-based private equity firm Kendall Court.
My take is that WB unlikely to be profitable short term given the possible conversion, but will be in longer term. Mother may go down if mass convert. May take the suggestion of taking profit for mother, and see if they press down WB lower then might be time to buy in.
Anyway as you can observe there will be dump of mother share once or twice daily, take profit first in the morning then queue at lower price (5-10%). Potential swing everyday.
Dow is moving up strongly tonite and my prediction is mother will shoot up another round tomorrow and WB will move along as the discount gap become wider and too attractive & irresistible for punting its warrant
sell mother and buy son now is a good bet even though i think son may drop a bit from here.if mother fly to the sky in next 3 years your convert price still fix at 0.40.sure win
The intrinsic value for son is around RM 1.00 with today mother share price, imagine if mother price move up another round , the price gap discount for WB will be too irresistible to jump in
Gp warrant. Yesterday some 23 mil shares change hand direct transaction at 0.45 meaning they deliberate depressed price from fluctuate while these on going. Today might be same.
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....
Agjl
5,807 posts
Posted by Agjl > 2020-05-18 16:15 | Report Abuse
Macrullen....my feelings are this is just not just play..hopefully i am right.