tp 1.33 is dirt cheap. Pls read the write up on 5/6/14 title: Graham Net2 Candidate. With the latest balance sheet, the NNWC value has increased to $1.56. Graham's NNWC is lowest form of valuation method. Usually a NNWC candidate is low performer. We are only interested in it's cheapness (base on it's working capital). Insas's has turned into a earning power stock, but still satisfying NNWC criteria. tp 1.33? I dun even bother to read.
Posted by weechin53 > Nov 18, 2014 05:40 PM | Report Abuse
Who know tomorrow it will be 1.20?
Ans : You are really good in predicting the stock price. The price will shoot up like rocket after the price crossed major resistance at 1.17. Good work done !! keep it up. Thank you.
It is 5yrs warrant with $1 Ex-price. Every 100 Insas shares is entitled to 40 warrants. If Insas share price hit $1.5 right after the coporate exercise, and we ex the warrant for immediate profit, we get 40*(1.5-1)= $20 for every 100 shares. Immediate return = $20/ (100*$1.5) *100% = 13.4%. The following are the corresponding immediate returns from exercising the warrants for range of Insas share prices: share price ; return $1.4 ; 11.5% $1.5 ; 13.4% $1.6 ; 15% $1.7 ; 16.5% Pls correct me if i make mistake.
Add 15% time value to warrant's IV: Assuming Insas share price hit $1.3 right after corporate exercise. IV = 30sen. Add 15% time value = 34.5sen, meaning warrants could be traded @34.5sen. For every 100 Insas share you get 40warrant * 34.5sen = $13.8. Immediate return = $13.8/ (100 * $1.3) * 100% = 10.6%
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Posted by ANYU > 2014-11-14 11:20 | Report Abuse
Good !!!