Isn't the announcement by JCY today in BTime kind of expected. At least for me. I have been maintaining that all along. So how will the market react to such "news"?
All these sons and daughters are diverting resources away from the mother shares. Nevertheless, lets hope with MayBank's entry, the market makers will hold up the price for a good rally tomorrow.
Today the 320 lots buyer upgraded to 340 lots already, today's attack should be able to bring JCY above the strong resistance @ RM 1.41 and towards RM 1.50. Cheer !
I'm wondering if those 300 lots, 320 lots and now 340 lots were signalling another 'Player' wanna join in the fun (issuing another warrant)? Then, the free float shares will be much lesser (cos everyone's holding their stakes)...will JCY lost it's momentum? Any comments?
for me i will avoid to buy Call warrant coz most of call warrant price not up too much and at the last game (during expired date)- most of us will burnt coz the issuance bank will likely to press the mother share price to reduce it & avoid pay extra money to Call Warrant holder.. better buy mother share..(just my opinion only)
usry: i strongly agree with you and somemore all CA is very high if RM 1.7 for mother share all CA cost only RM 0.2 - RM 0.23. i am in JCY mother share
Warrants are meant for short term trading, as the % of fluctuations were much higher than the mother share's fluctuation. However, there are more factors to consider before you decide which warrant to go in. You'll need to study the ratio, the exercise price, the expiry dates, the issuer etc...but since most of the JCY warrants ends in 2013, there's still room to play on...please note that this is not a call to buy/sell, just a little thought of mine. Trade at your own risk. Cheers!
fctb: m not sifu but normally dont buy warrants.. u buy it on the day, altho it would already reflect the price up. normally do not keep the warrant until expiry as often price will be attacked few weeks before expiry to keep from any payouts. however anytime before that is fine. maybe other sifu's can answer u if u still confused..
Fat cat tin Buddy, Tomorrow's Maybank call warrant (JCy-CJ) Detail as below : ratio 2 : 1 Exercise Price - RM 1.30 (Expiry date - 31/1/2013) It is a cash settlement warrant and not share on maturity date. Processing fees depends on tomorrow ' s bursa announcement but is estimate around RM 25.00 per contract. Hope will help . happy trading :D
Per contract means regardless of the no of lots you buy, the processing is chargeable according to no of contracts you buy and no how many lots. Eg if you buy 10 lots per contract and you buy 20 lots per contracts the processing fee is still the same. But some bank charge the processing fee base on 0.03 % of the total amount of your warrants.
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....
usry
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Posted by usry > 2012-04-19 09:24 | Report Abuse
so the fair value for this share will up from current price.. how much..depend to market to determined it..(hope higher from this current price)