You are correct, When vaccine success, economic getting better, oil price up, RM getting stronger against USD, means furniture stocks will down. Last week news states 2021 RM will achieve 3.8-3.9, if you refer to last time, this counter can down to 0.48-0.53 for 2021 when 3.8-3.9, so last few week is last chance to run/sell, but I notice a lot of people getting in/buy last few week, situation almost same as last time, end up most of them lose money. So run run run run run
Warrants in itself is a sort of dilutions as well. Expect price to be volatile for a couple of days.
If you had 4shares in 2018, you will get 1wb (plus 54c to convert to mothershare) and now BI plus free wc. Basically it will become 6 shares in future plus some conversion cost. Expect it to trend down a little bit.
Economic recovery means Ringgit up and USD down? What sort of economics is this? Why should Ringgit up and not USD up if both economies are recovering?
The most important point is Furniture is also an economic recovery item. So basically when the whole world recovers wouldn't it be better for Homeritz since more than 90% of it's products are for exports?
So what logic is when world economy recovers Homeritz will go down. Even if USD/MYR is back to 3.90, which is about 5% discount from current level. Homeritz might be making more money as it's exports recovery will be much larger then 5%. That is more than enough to compensate for the 5% appreciation of Ringgit? Does this sound more logical than you fellows who know nuts about economics?
Again i suggest all those who cannot sleep well at night worrying about exchange rate, warrant out of money, KLCI dropping 20 points, Gloves stocks diving, the sky is falling and blah, blah blah. I recommend all of you liquidate all your homeritz instead of giving false negative vibe here.
In this world where got free lunch? If warrant or bonus share is free then who want to buy normal shares any more? Might as well everyday go to bursa malaysia site and wait for bonus issue announcement. If there is available then just whack all your money inside and wait for free share. Isn't it so easy to make money? Who want to put inside FD only earn 1.75% interest per annum. Put everything inside share market and wait for bonus issue everyday. Right ?
If so easy to make money in the stock market then why about 99.99% of investors lose money. You can ask around your friends or relatives, how many of them actually make money from shares. I bet less than 1% make money from the day they start playing shares. All those people that are still playing from young until their pubic hair already white is because they want to rake revenge. They want to make back some of their losses. They also have the gambling instinct if not why are they still hang around in share market. It's the addiction of gambling, like those people got hooked in horse racing, "pai kau", mahjong, Genting casino, English Premier League, online betting and so on.
It's in their blood, gambling instinct. I hope you guys don't get addicted. If not you will have your whole life to lose money in these markets. Because they are manipulated like other forms of gambling. No difference from horse racing, Genting casino, English Premier and so on. All the odds are against you fellows !!
Particulars of Director Name DATUK TAY PUAY CHUAN Descriptions(Class) Ordinary Shares Details of changes No Date of change No of securities Type of transaction Nature of Interest 1 11/12/2020 132,000 Disposed Direct Interest Name of registered holder DATUK TAY PUAY CHUAN Description of "Others" Type of Transaction Consideration (if any) RM1.03 per ordinary share
Circumstances by reason of which change has occurred Open market deal Nature of interest Direct Interest Total no of securities after change Direct (units) 250,000 Direct (%) 0.076 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 14/12/2020 Date notice received by Listed Issuer 14/12/2020
yea so many complains, just wait few more days everything will be settle, this isn’t rocket science or first time in history of stock market. nth change, just smaller share, more warrant etc.
Bonus issue of up to 93,753,102 new ordinary shares in Homeritz Corporation Berhad ("Homeritz") ("Bonus Shares") on the basis of 1 Bonus Share for every 4 existing ordinary shares held in Homeritz at 5.00 p.m. on 15 December 2020 ("Entitlement Date")
Don't know whether there is any extension to expiry of homeritz-wb. Last time i bought when connect gave free connect-wa and connect-wb. The expiry date of connect-wa extended to the same expiry date of connect-wb. Which was 5 years ahead.
If homeritz-wb expiry date can be extended to the ex[iry of warrant-wc which is three years from now. Then it's excellent.
Actually it's much better to buy now. Discount at least 10% before bonus. Sometimes all these bonus and rights issues are bullshit only. It's a way for big players to dump everything to retail players. Now no need to rush some more. Free to choose and take your time to buy.
When they finish buying back then they will push up. By that time a lot of retail fellows already sold due to on continuous pressing down of prices by those bastards.
Already finished goreng, it will stay below 0.8 before 2022-2023.Held since IPO, never want to sell, want to hold until it bankrupt. Base on previous experience on this counter, all affected factors, yes, it is in downtrend. Director run, long time investors run last few week. I think this Friday and next week, Tee & Chua could be run a bit as well, it could be have slight chance back around 0.8 when they run
Not really. Only Datuk Tay as a director sell 132 lots only. Left with 250 lots. Cheapskate director, only hold 382 lots. I think some investors here have more shares than him. LOL !!
You see the biggest selling was done on Monday because those experience fellows sell the original share and hold on to the bonus issue. But yesterday and today the volume is very small. This shows all those panic sellers most probably are newbies that think that playing shares giving bonus issue sure make money. But it turned out opposite. So, disappointed they unload and saying this counter is rubbish. This type of play doesn't happen to Homeritz only but most other stocks as well including Genting, Maybank and so on.
But i reckon once the selling is done either today or tomorrow, Homeritz will start to uptrend again. Until it's next quarters is out which is estimated on 3th January 2021. This is how they play and plan. Shake out all the weak holders and then push it until the next quarter results which is about 3 weeks from now. Ngam Ngam !!
Lesson is fundamentally sound companies need time to go up because it doesn't attract many gamblers. If you want action or fast movers then go to gloves and vaccine counters. Over there everyday there will be at least 3-4 ups and downs. Very exciting. So, Homeritz will just have to wait. I have been playing this company for may years. So, i know how they play.
It's not easy to buy back. Sometimes some stocks will shoot up on the ex day. You might be caught buying expensive. But the second day onwards it will come down. We are humans and always have this fear of missing out.
Total homeritz-wb as of today is 57.392 million. Before ex it was 75 million. So the total number of wb actually decreased by about 18 million. And the ex price is 0.43. If you go to the top of this page and click warrant and you can see. There is 0 % premium because (0.285+0.43) = 0.715.
So i reckon homeritz-wb is still a very good bet as it is still within the money.
may i know when free warrant credit into my acc? i hold homeriz mother before exdate, my bonus issue already credit but my free warrant not yet credit but
Posted by cksam > Dec 16, 2020 6:07 PM | Report Abuse
It's not easy to buy back. Sometimes some stocks will shoot up on the ex day. You might be caught buying expensive. But the second day onwards it will come down. We are humans and always have this fear of missing out.
Total homeritz-wb as of today is 57.392 million. Before ex it was 75 million. So the total number of wb actually decreased by about 18 million. And the ex price is 0.43. If you go to the top of this page and click warrant and you can see. There is 0 % premium because (0.285+0.43) = 0.715.
So i reckon homeritz-wb is still a very good bet as it is still within the money.
cksam
Yes...It is good bet at current prices with 0 premium and gearing of 2.5 x. WB holders before ex date also benefited from additional WB and lower conversion price...excellent...
It will drop to 0.50 within 3 months. Tomorrow Warrant C will out. Tee & Chua probably will sell it like Warrant B, after they lose in Warrant A. So, next week, price will still in downtrend. Could down to 0.6. Tee & Chua are too conservative, so unless notable trend, if not they slowly expanse business. Thus in short term 2-3 years, this counter more affected by currency issue, if you check back price and news since IPO for this counter. Good Luck
Besides currency issue, if Covid-19 solved, means election will be held 2021. Check back what happen for Homeriz 2018. 2021-2022 will be the worst year for Homeriz
If you are buying stocks you need a margin of safety. I don't know about you guys. For me the margin of safety for homeritz are:
1) yield is about 2.19% 2) profitable for the past 8 years 3) small NOSH hardly any Private placements
I think a lot of people here wants to earn fast money. Buy today and sell tomorrow or next week. But as i said homeritz you need to hold for quite some time. I have been with this counter for more than 5 years. Morever it pays dividend every year for the past 5 years. So, even if you get stuck then treat it like putting into FD. A yield of 2.19 is better than FD. Morover next year Bank Negara ix expected to lower the interest rate by another 25 basis points to 1.50%. So how? What else do you all want?
Good yield and good company with sound fundamentals. I also like the owners being conservative. If you want fast money then go to counters controlled by Datuk Chai voon chet like XOX, Anzo, Saudee, Mqtech, oversea and so on. You have to hold homeritz for some time if you want to profit from it.
Major shareholders, Chua transferred WB to Tee at 0.35c recently and both converted a lot of WB at strike price of 0.54 before ex date. Why should they convert when they could have sold WB say around 0.40c...? Go figure it out guys...
Total WB converted is about 28 million raising more than RM15 million for the company...
No need to create multiple accounts to naysay here.
If currency is a factor here, look at the chart of USD against MYR. MYR has been steadily rising against USD since april, and all the while this counter has been rising steadily too. So why would it suddenly matter now?
Those holding homeriz have been monitoring and holding this counter for some time and we invest in the long term prospects of this company. If you dont trust this counter or want fast money then just sell and go get a life elsewhere.
In 2018/19, I felt certain global disease is coming, if not world is not "balance", some sector counter look like unbreakable, only global disease can force them back to other side, my prediction finally came true. These few days, I start feel something wrong, it seem like these 2 weeks global market will face big turmoil, in which newspaper will have big title about drop XXX point. It seem like high probability the next day market drop to the deepest when QR of POHUAT come out. Fasten seat belt
In which case u should get the hell out of stocks and this portal...and wait for the storm to clear before coming back as panic seller 2 or 3 or 4 or 999...LOL..
Exercise Price : Exercise price of the Warrants C at RM0.75 for every 1 new Homeritz Share. Upon implementation of the Proposed Bonus Issue of Shares, the exercise price of the Warrants C will be adjusted to RM0.60
hi otai traders..im new..and homeriz is my love at first sight counter. waited for my cds when its only around 70cent. by the time i got my cds account 1 ringgit already. when it went plummeted and the next day its green slightly, tot a nice time to buy..now down again
what will happen after the new warrant listed on tuesday? should i prepare more money to buy more? advise please..just wana have new phone with the profit..does not aim high man
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....
kukubuyaan
1 posts
Posted by kukubuyaan > 2020-12-14 15:59 | Report Abuse
You are correct, When vaccine success, economic getting better, oil price up, RM getting stronger against USD, means furniture stocks will down. Last week news states 2021 RM will achieve 3.8-3.9, if you refer to last time, this counter can down to 0.48-0.53 for 2021 when 3.8-3.9, so last few week is last chance to run/sell, but I notice a lot of people getting in/buy last few week, situation almost same as last time, end up most of them lose money. So run run run run run