Posted by Rey Ust > 2011-11-11 18:35 | Report Abuse

TP 12 cents

Posted by albertng > 2012-04-20 14:51 | Report Abuse

buy

Posted by stokhunter > 2012-10-16 09:24 | Report Abuse

his is moving

Posted by sephiroth168 > 2013-05-17 17:49 | Report Abuse

gonna go up soon...

Posted by tonylim > 2013-05-17 18:22 | Report Abuse

Sephi any tp

Posted by tonylim > 2013-06-03 15:38 | Report Abuse

Bro kcchongnz, I am out of this one. Good luck to you

Posted by kcchongnz > 2013-06-03 16:12 | Report Abuse

fat lady sang already ah?

Posted by tonylim > 2013-06-03 16:15 | Report Abuse

cukup la , bro

Posted by passerby > 2013-06-04 18:00 | Report Abuse

@kopimari what is interesting on Marco-WA ? any oil or smoke in the making?

Posted by kcchongnz > 2013-06-04 18:09 | Report Abuse

If you want to play this Marco share or its warrant, jaga jaga sikit because the main shareholder, latuk apa itu, is a very shrewd man. susah nak handle.


MARCO-WA offers Shareholders Arbitrage Opportunity

Written by Editor

Published on Friday, 31 May 2013 21:46

The share price of timepiece and consumer electronics products specialist Marco Holdings Berhad had climbed up steadily from 14 sen in the beginning of this month to about 18 sen now. While its company warrant MARCO-WA had risen even more in percentage term than the mother share, chalking of gain of more than 50% in the month of May compared with about 30% gain for the mother share, punters are not overly excited with the warrant as MARCO-WA is trading at a significant discount to conversion.

Marco Holdings’ financial performance had been on a steady path of growth over the last few years. From a revenue of some RM60 million ten years ago, Marco Holdings managed to almost double its revenue to RM115 million in 2012. Even more impressive is the company’s consistent profit performance. Marco Holdings may be one of very few companies in Bursa Malaysia that had been able to record a decade of yearly profit growth. In the financial year ended 2012, Marco Holdings posted a net profit of RM14.4 million which is a slight increase over the RM13.7 million net profit achieved in 2011.

In the first quarter of 2013, Marco Holdings also managed to continue to chalk up growth in net profit to RM3.5 million as compared with RM2.8 million the corresponding period in 2012. According to notes accompanying the latest quarterly report, Marco Holdings is optimistic of the Group outlook in 2013 given its strong brand offerings for quality products despite the expected slowdown in Malaysian economy. Marco Holdings also announced a dividend of 8% per 10 sen ordinary share or 0.8 sen per share after the release of first quarter result last week. The ex-dividend date will be on 4 June 2013.

As buyer of MARCO-WA does not get to enjoy dividend payment, the discount of the warrant is not as large as it seems. However, even after deducting the 0.8 sen upcoming dividend payment, MARCO-WA is still trading at a slight discount. This would provide existing shareholders of Marco Holdings an opportunity to earn some risk free profit by selling the mother share and using the proceed to buy the warrant. As the ex-dividend date is just around the corner, there is no need to exercise the warrant immediately and thus Marco Holdings’ shareholders can just dispose the share and buy back the warrant while at the same time realize some cash for other use.

If an investor is bullish on the continued steady growth of Marco Holdings, he can also opt to buy MARCO-WA as a cheaper alternative and should in theory give its holder an excess 170% gain in percentage term compared to the mother share if the share price continues to rise.

Posted by KAHFIEHLAI > 2013-06-04 18:15 | Report Abuse

WA still has the time factor of a year and with some discount premium. I think can punt for a try. small volume only..
May cost me some $$, treat as a lesson and fee if the worst happen.
tq

Posted by juinming0304 > 2013-06-04 18:20 | Report Abuse

datuk robert wont goreng his share.,,he got 7 klse co,,,like datuk khoo pm all very difficult to fry

Posted by KAHFIEHLAI > 2013-06-04 18:58 | Report Abuse

Dear Kcchongnz.
If I have 1000 units WA purchased at 0.05 and now converted to mother share.
Cost to get 1000 mother share is (1000 x 0.10 + 1000 x 0.05 = rm150.)
If the mother share is 0.15 or above I should be making a profit margin right.

Posted by kcchongnz > 2013-06-05 08:22 | Report Abuse

Yes, theoretically you are right. If you send Wa for conversion and when the converted share come back say 2 weeks time and Marco's share price stays at 16 sen, you make one sen per share. If it does up higher than 16 sen, you even make more. However if Marco share comes down below 15 sen, then you lose.

The advantage of Wa is that you have the right to convert to Marco share but not the obligation. You can wait and see until Wa expires. So Wa besides the intrinsic value of 6 sen per share, it also has some time value.

As Wa is undervalued in relation to the underlying share, it is actually better to hold Wa, if you are interested in Marco's business. The business seems ok to me. However, just don't be too greedy because Robert Wong is not a simple person.

Posted by tjhldg > 2013-09-20 20:22 | Report Abuse

buy buy buy

Posted by KAHFIEHLAI > 2013-09-21 15:39 | Report Abuse

nice to see on monday..

Posted by kcchongnz > 3 days ago | Report Abuse

Since i have written a few posts on Marco warrant before, i think I should be responsible to write another post here.

My experience in investing in the Marco warrant is not a good one. Not easy trying to make some money from this laduk. I am glad I didn't lose much. I will avoid investing in any of his companies.

Posted by tjhldg > 2013-09-22 11:23 | Report Abuse

good opportunity to buy on monday as us down 185 ... q buy .05 and .045 ,, for tan hwa choon company ,, engines just start . ...

Posted by albertng > 2013-09-22 12:33 | Report Abuse

Highly recommend buy buy buy

Posted by messi > 2013-09-22 13:57 | Report Abuse

Who is Robert Wong in Marco ? Can't find his name in the shareholder list.

Posted by albertng > 2013-09-22 21:00 | Report Abuse

I agree with tjhdg

Posted by Frankie Tay > 2013-09-22 21:33 | Report Abuse

Anyone can tell me Marco can buy or not next week, buy short term

Posted by rubisa57 > 2013-09-22 21:37 | Report Abuse

Can buy...can't stop u 2 buy...but no promises can go up or not. Malaysian market..loss company go up but company with profit sleep quietly.

Posted by albertng > 2013-09-22 21:42 | Report Abuse

Frankie just buy 20-30 lot test d water first

Posted by albertng > 2013-09-22 21:43 | Report Abuse

If can over 6cents haha

Posted by albertng > 2013-09-23 11:33 | Report Abuse

Just buy in 90 lot

Posted by albertng > 2013-09-26 06:41 | Report Abuse

Don't sell yet !buy in ! Buy in 0.05-0.055 buy buy buy!

Posted by goldminer > 2013-09-26 10:34 | Report Abuse

further upside still intact

Posted by tjhldg > 2013-10-11 01:48 | Report Abuse

djia .. up 233 ,, can this counter up 2 cents ?

Posted by KAHFIEHLAI > 2013-10-11 20:56 | Report Abuse

hehe down 0.005

Posted by KAHFIEHLAI > 2013-10-23 21:24 | Report Abuse

goldminer...sure mei?? are u goldminer or just the explorer?? hehehe

Posted by tjhldg > 2013-10-30 00:42 | Report Abuse

sleep again

Posted by goldminer > 2013-11-08 14:12 | Report Abuse

Off the boat, Bursa index almost confirming double top red alert

Posted by Sapphire > 2014-01-05 20:26 | Report Abuse

lol..wa...all at here...

Posted by Sapphire > 2014-01-05 20:31 | Report Abuse

insider said they will cut down earning from singapore.next year earning anual report will going down..

Posted by Hoo Ann Teo > 2014-01-15 17:11 | Report Abuse

jump in if the mother continue up....

Posted by albertng > 2014-01-30 16:37 | Report Abuse

Buy in don't miss the boat

Posted by tonylim > 2014-01-30 20:44 | Report Abuse

Arrghh the fat lady sudah nyanyi.
6 months too late for me

Posted by Yunnan > 2014-02-12 22:04 | Report Abuse

Today up

Posted by Yunnan > 2014-02-12 22:04 | Report Abuse

Finally hit 0.065

Posted by albertng > 2014-02-16 11:49 | Report Abuse

When can hit again .08cen?

Posted by MataWang > 2014-02-19 10:01 | Report Abuse

Goreng goreng

Posted by Muda Fadli > 2014-02-19 10:26 | Report Abuse

ini kompeni bikin jam Casio kan?

Posted by gambateh > 2014-02-19 10:28 | Report Abuse

Stil can buy or not

Posted by mfaizalm80 > 2014-02-19 15:09 | Report Abuse

strong buy recommendation

Posted by Muda Fadli > 2014-02-19 18:24 | Report Abuse

will tomorrow continue goin up?

Posted by countfind > 2014-02-19 18:29 | Report Abuse

strong buy for mother of -wa?

Posted by AyamTua > 2014-02-20 20:40 | Report Abuse

ada angkat .... cuba nasib saja ... tengok selalu mikin headline ini marco... lagipun murah maa .. kikikikiki

Posted by Hoo Ann Teo > 2014-02-21 18:18 | Report Abuse

0.075 , can jump in or not ...

Posted by Hoo Ann Teo > 2014-02-24 12:00 | Report Abuse

today T+3 ? force selling now ??