Posted by enning22 > 2019-11-04 08:51 | Report Abuse

you forget subtract the free warrent offered.

Posted by slts > 2019-11-04 08:57 | Report Abuse

is the warrant price 2.44-2.33=0.11
i taught the wt is free?

Posted by longranger > 2019-11-04 09:01 | Report Abuse

dont understand as well..

Posted by longranger > 2019-11-04 09:03 | Report Abuse

good time to top up

Posted by papparich > 2019-11-04 09:44 | Report Abuse

@slts this is true. Fair value is RM4.90 so now that it is RM2.33, it means it is below value. So it is a good time to add more.

Posted by longranger > 2019-11-04 10:07 | Report Abuse

@pprich, full agreed, just added some.

Posted by ksseller > 2019-11-04 10:25 | Report Abuse

sorry guys noob here - did the share price split? am i supposed to be getting more shares in my maybank account ?

Posted by longranger > 2019-11-04 10:28 | Report Abuse

i think you wiil see more share in your acc on wed.

Posted by 336699 > 2019-11-04 10:39 | Report Abuse

@paparich, isn't it's fair value not 4.90 after the 1:1 bonus issues. Should be 50% of 4.90

Posted by kllady_fidah > 2019-11-04 10:39 | Report Abuse

wed u see in ur account foc warrant 1 for 3..

Posted by kllady_fidah > 2019-11-04 10:40 | Report Abuse

plus another 100% additional mother shares

Posted by Hopeful > 2019-11-04 10:42 | Report Abuse

Split 1 into 2

Bonus free warrant 1:3 ( Original shares )

For ease of calculations, lets use 3 mother shares.

3 X RM 4.89 = RM 14.67

Add warrant conversion of RM 1.65

Total = RM 14.67 + RM 1.65 = RM 16.32

3 Original shares after split becomes 6.

Add 1 share from conversion of free warrant.

Total = 6+1 = 7 shares

RM 16.32 divide by 7 shares = RM 2.33

Posted by slts > 2019-11-04 10:51 | Report Abuse

ok TQ hopeful

Posted by longranger > 2019-11-04 11:49 | Report Abuse

@Hopeful, TQ :))

Posted by Nerdy69 > 2019-11-04 11:53 | Report Abuse

share split or bonus issue?

Posted by kllady_fidah > 2019-11-04 12:54 | Report Abuse

u make instant money when u convert wareant to mother shares uoon exercise

Posted by tedbeh > 2019-11-04 13:11 | Report Abuse

RM2.33 - RM1.65 = RM0.68, does it mean that the warrant will be traded at 68sen when is listed? Thanks

Posted by kllady_fidah > 2019-11-04 16:25 | Report Abuse

punters will xhase the warrants upon listing on Wed..always t case

Posted by kllady_fidah > 2019-11-04 16:34 | Report Abuse

gearing multiplier - warrant run

Posted by kllady_fidah > 2019-11-04 16:36 | Report Abuse

middle Nov qrtrly result announcement..

Posted by Hopeful > 2019-11-04 17:52 | Report Abuse

tedbeh,

When the warrants are to be listed, Bursa will give the Warrants a
" Reference Price", based on a simple mathematical formula.

Let say, the Warrants are to list on 13/11, then the Reference Price should be :

Closing Price of GCB mother share at 5pm on 12/11 less RM 1.65.

Assuming that is RM 2.30 at 5pm on 12/11, then :

Reference Price = RM 2.30 less RM 1.65
= RM 0.65


That's only Bursa's Reference Price.

What the opening price for trading depends on what the market gives as " Time Value" plus the Reference Price.
So, based on above example, maybe the Warrants might open at RM 1 or higher or lower.

Your guess is as good as mine.

Posted by Joe Ng > 2019-11-04 19:09 | Report Abuse

Gotta see how much premium is the market willing to give this warrant

Posted by LeeHB > 2019-11-04 21:26 | Report Abuse

Is RM1.65 for all the warrant regardless which counter issued?

Posted by Vivian Hee > 2019-11-05 12:39 | Report Abuse

Anybody can help? what is the final unit I have after bonus issue? I have 500 units of GCB at RM 3.71.

Posted by ibex2929 > 2019-11-05 12:55 | Report Abuse

1000 GCB share + 166 warrant

Posted by kllady_fidah > 2019-11-05 15:00 | Report Abuse

waking fr sleep.

Posted by Vivian Hee > 2019-11-05 15:13 | Report Abuse

@ibx2929 Thank you :)

Posted by Agjl > 2019-11-05 15:49 | Report Abuse

Seems like drifting a little until next quarterly results

Posted by longranger > 2019-11-05 16:05 | Report Abuse

tomorrow wa listing?

Posted by kllady_fidah > 2019-11-05 17:18 | Report Abuse

yup.showtime until qrtrly announcement

Posted by kllady_fidah > 2019-11-05 17:20 | Report Abuse

midnite bonus n wa credited to account

Posted by Agjl > 2019-11-05 20:38 | Report Abuse

Expect some selling pressure after bonus shares credited

Posted by kllady_fidah > 2019-11-05 21:50 | Report Abuse

some cash out some take new position

Posted by Agjl > 2019-11-06 01:08 | Report Abuse

If eps 50 sen above, 2.80 in medium term

Posted by novice2017 > 2019-11-06 08:35 | Report Abuse

Good morning, don't see the warrant in my account yet, but the bonus shares already in. May I know when the warrant will be listed? Thanks

Posted by ksseller > 2019-11-06 09:48 | Report Abuse

same - i dont see any warrants - im confused

Posted by Agjl > 2019-11-06 10:19 | Report Abuse

Yes i dun see any warrant in my acct as well

Posted by kllady_fidah > 2019-11-06 10:19 | Report Abuse

Jz called the registrar jz now..They said wil b listed nxt wk *12.11.19 (tuesday)*

Posted by kllady_fidah > 2019-11-06 10:20 | Report Abuse

most likely they time it with wrtrly result announcement

Posted by richard kh wong > 2019-11-06 15:24 | Report Abuse

low 2.23.....................

Posted by Agjl > 2019-11-06 15:33 | Report Abuse

Will go lower

Posted by lching > 2019-11-07 14:55 | Report Abuse

suddenly go up ?

Posted by kllady_fidah > 2019-11-07 15:27 | Report Abuse

bangun tido..told ya

Posted by kllady_fidah > 2019-11-07 15:29 | Report Abuse

fantastic qrtly result was told

Posted by kllady_fidah > 2019-11-07 15:31 | Report Abuse

top gainer soon

Posted by kllady_fidah > 2019-11-07 15:33 | Report Abuse

dumb dumb hold guys ...wait for merry Xmas

Posted by Agjl > 2019-11-07 16:04 | Report Abuse

Hopefully its the syariah compliant status. Bumi funds are allowed to invest

Posted by kllady_fidah > 2019-11-07 16:33 | Report Abuse

relatively mid cap size. easy to push up

Posted by smallfishyu > 2019-11-07 17:31 | Report Abuse

Guan Chong's FY2019 and FY2020 earnings growth are secured and supported by forward sales, capacity expansion, and improved product mix.

Posted by Forebase > 2019-11-07 22:29 | Report Abuse

Internal source qtr 23sen