Posted by itlim67 > 2014-06-21 17:05 | Report Abuse

ex date 04/07/2014

Posted by brendonyeap > 2014-06-21 17:10 | Report Abuse

sky4524 ; u are entitled for the warrants only if u buy before exdate 4th July. Means the last day for u to buy is 3rd July. TQ

Posted by sky4524 > 2014-06-21 17:44 | Report Abuse

noted, thank you.

Posted by 1901 > 2014-06-23 12:45 | Report Abuse

wish i read this thread, earlier! go read page 102 AR2013 - another delloyd?

Posted by optimus8 > 2014-06-23 13:05 | Report Abuse

not late to enter. a lot of upside. no downside. any downside is being compensated by the free warrant they give u next week. why wait? buy while it is still not up. double upside fundamental growth stock. very rare in bursa mkt.

Posted by tlbeng > 2014-06-24 13:07 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1664825

Posted by Tan Siew Ting > 2014-06-25 07:46 | Report Abuse

Warrants ....not bonus !

Posted by rapidbeginner > 2014-06-25 10:52 | Report Abuse

goreng goreng ~~~~ making money.... = warrants

Posted by Tigermal > 2014-06-25 12:51 | Report Abuse

Now at 1.16! The free warrants worth at least RM0.30 minimum

Posted by itlim67 > 2014-06-25 14:17 | Report Abuse

How the mother share price will be adjusted for free warrant??

Posted by Tigermal > 2014-06-25 14:58 | Report Abuse

I think no adjustment coz...warrants are issued free. This is not a rights issue or bonus issue

Posted by itlim67 > 2014-06-25 15:15 | Report Abuse

Thanx

Posted by optimusx8888 > 2014-06-25 17:47 | Report Abuse

Hahaha. I got 12 lorries. Hahaha

Posted by Tigermal > 2014-06-25 20:07 | Report Abuse

12 lorries?????
meaning.....???

Posted by optimusx8888 > 2014-06-25 20:12 | Report Abuse

meaning in bahasa. dua belas lorry.

Posted by brendonyeap > 2014-06-25 20:19 | Report Abuse

The mother price will be deducted 10 sen on ex day.

Posted by optimusx8888 > 2014-06-25 20:27 | Report Abuse

Thanks brendon for the info. On wat ground they deduct? Since its free

Posted by Tigermal > 2014-06-25 20:41 | Report Abuse

yes why deduct??

Posted by kakijudi > 2014-06-25 20:48 | Report Abuse

It's free warrants at no cost. Price won't adjust.

Posted by brendonyeap > 2014-06-25 21:13 | Report Abuse

http://www.option-price.com/index.php

Posted by brendonyeap > 2014-06-25 21:14 | Report Abuse

The estimated fair price for warrants is 38 sen

Posted by Tigermal > 2014-06-25 21:52 | Report Abuse

remember 5 years to expiry and exercise price is RM 1.00. Current Price is RM 1.19. You are already in the money RM 0.19 without employing Black Scholes Option's pricing model

Posted by brendonyeap > 2014-06-25 21:56 | Report Abuse

Yes indeed, so this warrant is worth holding long term....

Posted by Tigermal > 2014-06-25 21:56 | Report Abuse

Based on 5 year's expiry (1825 days), Strike Price at RM 1.00 and Current Price at RM 1.19, Interest at 5.5% and Volatility 25% p.a, The fair price is RM 0.46.

Posted by brendonyeap > 2014-06-25 21:57 | Report Abuse

wow...thats major boom for it!

Posted by soccerking82 > 2014-06-25 21:57 | Report Abuse

i bought xinquan last week...

same case, 1 free warrant for every 2 ordinary share

the share price didn't adjust after ex date

the drop of pricing solely bcoz ppl take profits after ex date...

so, i think it the free warrant won't adjust the Menang price after ex date

Please correct me if i am wrong

Posted by brendonyeap > 2014-06-25 21:59 | Report Abuse

Oh is that true? then it would be better if there is no adjustments....thanks for sharing soccerking82!

Posted by kakijudi > 2014-06-25 22:09 | Report Abuse

Based on current price of mother at rm1.19 , theoretically the warrants would be trading at fair value of rm0.19. But normally upon listing, people would give a premium to the warrants . So expect warrants to be at least 25c .

You guys are going to make so much money from menang. Trust me. After the warrants lists, they will continue to goreng. From my source, they will do it above rm2

Posted by brendonyeap > 2014-06-25 22:11 | Report Abuse

TQ kakijudi for yr compliments.. Lets hope it will rise up high. Menang is undervalued stock.

Posted by Tigermal > 2014-06-26 09:43 | Report Abuse

Undervalued is correct. The land bank is on the books at 1998 prices (16 years ago). Conservative estimates is the RNAV is RM 2.50. The Directors know this and have been buying even before Warrants was approved at EGM. Also they have 3 PFI's with 6 streams of cash flow for 23 years and their audited accounts have been showing rising profitability since 2012. This is the undervalued stories of the year!

Posted by jtpc2006 > 2014-06-27 14:39 | Report Abuse

Menang will rise sky high based on it's strong fundamentals, making money, and now with the added booster of free warrants based on current mother price of RM 1.19, all shareholders already in the money !!

Posted by brendonyeap > 2014-06-27 21:09 | Report Abuse

strong closng at 1.23!!

Posted by al_investor > 2014-06-28 10:17 | Report Abuse

I entered at 1.20 yesterday, hope it can climb further... What the price will be for the Warrant?

Posted by brendonyeap > 2014-06-28 12:43 | Report Abuse

The warrants is worth 36 sen based on my calculations..

Posted by Cheng Yeow Ng > 2014-06-28 22:40 | Report Abuse

https://www.facebook.com/HollandStock
Menang(1684) 's RM70,000,000 cash flow

Posted by Nesa123 > 2014-06-29 11:34 | Report Abuse

How do you calculate ?

Posted by itlim67 > 2014-06-29 16:48 | Report Abuse

RM2.00 :)

Posted by Simon Lau > 2014-06-29 20:44 | Report Abuse

nilai 49m per annum (71%),puncak alam 48m per annum (51%) and nilai 20m (51%) so, roughly 117m incuding the minority interest,the main expenses would be the interest incurred for the construction of the facilities, because the facilities is brand new , so i think the maintenance cost will be minimal therefore the margin would be great.

Posted by Tigermal > 2014-06-30 10:13 | Report Abuse

Awesome ..Price is now RM 1.28
Ex-date this Friday, 4 JULY 2014

Posted by Tigermal > 2014-06-30 10:18 | Report Abuse

Menang warrant could be listed at RM 0.40.if mother hits RM 1.30. Possibility is endless

Posted by brendonyeap > 2014-06-30 10:51 | Report Abuse

good Tigermal, u derived the warrants price from my formula...this is our secret,.

Posted by venton > 2014-06-30 11:26 | Report Abuse

All big bro, let say it closed at RM1.30 on 3rd July. What would be the adjusted price on 4th July? and I assume the opening price for the warrant will be at 30cents?

Posted by Tigermal > 2014-06-30 11:29 | Report Abuse

There is no theoretical ex- rights price as this is not a rights issue or bonus issue of mother shares. This is a FREE bonus of warrants..... In a upbeat market, there might not be any price adjustment of mother stock but it DEPENDS on the market bullishness on this counter. The facebook link by Cheng Yeow Ng on Menang is quite helpful.

Posted by Tigermal > 2014-06-30 11:30 | Report Abuse

The warrants are well in the MONEY

Posted by jtpc2006 > 2014-06-30 11:57 | Report Abuse

best buy for all the right reasons, and the money is already yours

Posted by redwed > 2014-06-30 13:29 | Report Abuse

Hello. I'm new here. Can somebody elighten me with these questions:
1. The warrants is free, am I right? Will the mother price adjusting after ex date?
2. What is the difference between rights and warrants? I tried searching Google, but it's too hard to comprehend. I do understand difference between "split share" and "split bonus".
3. What is the tp for this price. Seems that this counter suddenly wake up! I bought some SEAL before, but switched to menang. I want menang some free warrants too. The uptrend is still young. SEAL also like this counter..

Posted by chickmonk > 2014-06-30 15:24 | Report Abuse

director buyback shares again~~buy now~~

Posted by Eelyn Soon > 2014-06-30 21:27 | Report Abuse

js hold on tight to it... it will eventually be rewarding those patient holders..

Posted by chickmonk > 2014-07-01 09:56 | Report Abuse

Last week for free warrant~~ buy buyw

Posted by Ring > 2014-07-02 09:38 | Report Abuse

There is no share dilution on issuance of warrants. One reason comanies issue W to push mother share...no worries!