Posted by Gabriel888 > 2013-12-13 12:48 | Report Abuse

thank you! cytew brother!

Posted by leslieroycarter > 2013-12-13 12:53 | Report Abuse

most important thing in banking is prudent but nothing is prudent . If u can make it the better...

Posted by bekful > 2013-12-13 13:29 | Report Abuse

is out of money.

Posted by Icon8888 > 2013-12-13 15:55 | Report Abuse

mother share moving, pulling the son with it

Posted by Icon8888 > 2013-12-13 15:58 | Report Abuse

wow wow wow heating up

Posted by Icon8888 > 2013-12-13 15:59 | Report Abuse

wow wow wow 428 buying

Posted by Icon8888 > 2013-12-13 15:59 | Report Abuse

429 !!

Posted by lahbeng > 2013-12-13 15:59 | Report Abuse

lai liao

Posted by Icon8888 > 2013-12-13 16:05 | Report Abuse

431 !!! 431 !!!

Posted by Gusen > 2013-12-13 16:07 | Report Abuse

go go go

Posted by lahbeng > 2013-12-13 16:10 | Report Abuse

645!!645!!

Posted by Icon8888 > 2013-12-13 16:13 | Report Abuse

back to 65

Posted by Icon8888 > 2013-12-13 16:15 | Report Abuse

432 !!!

Posted by Icon8888 > 2013-12-13 16:16 | Report Abuse

433

Posted by Icon8888 > 2013-12-13 16:16 | Report Abuse

434

Posted by ijanto > 2013-12-13 16:17 | Report Abuse

Finally

Posted by Icon8888 > 2013-12-13 16:17 | Report Abuse

435

Posted by Icon8888 > 2013-12-13 16:17 | Report Abuse

437

Posted by lahbeng > 2013-12-13 16:20 | Report Abuse

655

Posted by Gabriel888 > 2013-12-13 16:28 | Report Abuse

0.655. bravo cytew

Posted by Syed Abd Kadir Almushayakh > 2013-12-13 16:45 | Report Abuse

its time guys

Posted by Gabriel888 > 2013-12-13 18:51 | Report Abuse

time to??

Posted by cytew > 2013-12-13 19:08 | Report Abuse

If you buy BIMB-WA at 60 cents,and hold for maximum time of 3 months, and still lose money,then you can call it a day, and quit BURSA permanently for good .........!!!!!

because at gearing about 7, and parity about 90% and warrant duration of 10 years, and still LOSE MONEY ,means something was VERY WRONG in the BURSA

Posted by tjhldg > 2013-12-13 19:54 | Report Abuse

0.80 soon

Posted by cytew > 2013-12-13 21:42 | Report Abuse

yes, reach 80 cents very soon, perhaps by next week

Posted by Icon8888 > 2013-12-13 22:48 | Report Abuse

Cytew how to calculate parity ? Thx

Posted by Gabriel888 > 2013-12-13 22:54 | Report Abuse

80sen? next week? so fast............? :)

Posted by Gabriel888 > 2013-12-13 23:57 | Report Abuse

Sifu I google n cant search bimb implied volatility. Cant anyone guide?. tq

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

Here I provide you a simplified calculation method to determine the warrant price, and it is useful when the parity is between 0.8 to 1.0 (parity = mother share price/exercise price of warrant), now the the mother share price is about 4.34 , since is 10 years duration of warrant, give 40% premium , therefore (4.3)x 1.4=6.02, the warrant fair value is 6.02-4.72(exercise price)=1.30

another conservative method is used the discounting factor to FIND the present value of exercise price 4.72 in 10 years, assume the FD rate per year is 3.2%, therefore PV (present value) of 4.72 is 4.72/1.37=3.445, so the intrinsic value of warrant is 4.34-3.445=.895 means is about 90 cents, so what are you waiting for ..................???

Posted by Gabriel888 > 2013-12-14 08:18 | Report Abuse

fanstastic!

Posted by ratna > 2013-12-14 09:26 | Report Abuse

the warrants offer good bargain right now!

Posted by Gabriel888 > 2013-12-14 13:57 | Report Abuse

Ratna. How u know? Can teach?

Posted by Wong Chie Kiong > 2013-12-14 16:35 | Report Abuse

PE is too high.. at 25 times.. how ah.. some more warrant is over price 25%.. that is a lot..

Posted by qqq668 > 2013-12-14 16:58 | Report Abuse

What cytew shared on the potential value of Bimb wa, i totally agreed, i would believe it should trade at above rm 1. But judging fr the way the fund unload the warrants, durian runtuh,apparently it has fall into the hands of tradersthe traders who have absorb this big chunk of warr, they will try to push for some profit, and they managed to push f or 10% only. A lot of retailers are busy cashing out. But EPF is supporting the mother shares, this is the plus point for Bimb. But the issue of large funds wanted to cash out on the warr is the biggest concern for traders like us.

Posted by 2862862 > 2013-12-14 17:20 | Report Abuse

i have same view with Cytew, instead of dispose all by dumping WA at once, its better along the rise on BIMB and dispose its WA and keep repeating push and push mother share up Warrent will go higher and higher.

Posted by qqq668 > 2013-12-14 18:13 | Report Abuse

The way the traders hit down at 59.5 n 60.0 to scare away the potential buyers only telling us they are trying to scoop the sellers at prices below 61.5 sen, after they managed to absorb the sellers, they try to push to 65 sen to unload again, hindering the warr to move higher. Let us hope the mother share can sustain at 4.34 level n move higher do that the warr can scale higher. Every one will be happy.

Posted by Sekut Azan > 2013-12-14 18:23 | Report Abuse

buy more on monday !

Posted by 2862862 > 2013-12-14 18:45 | Report Abuse

ppls who dont know go in or not jus study the movement of MBSB-WA at year 2010, Think Think. NEXT year Islamic banking "products" will be "HOT", Malaysia wanna to be islamic hub of whole world. BUY AT OWN RISK !!

Posted by cytew > 2013-12-14 19:49 | Report Abuse

Always remember, the water will finally find its equilibrium level, and of course the BIMB-Wa will find its equilibrium fair price at about 1.20 to 1.30 if the mother share settled at current price level of about RM 4.34, this is all under the Law of Nature (天理）, the most recent example was GBAQRS-wa in July, when mother share was at 1.51, due to heavy unload by the directors, the GBAQRS-wa was plunged from the high of 48 cents to lowest 18 cents in 2 days of trading, we rushed in to buy at an average of about 20 cents each,that was with gearing 7.5, but the market masses were all scared away by the SHARP FALL, 3 weeks later, when the dust had settled, the mother share is at about 1.42, and we sold the GBAQRS-wa at about 34 cents each, and LAUGH ALL THE WAY TO BANK. , we will just wait and see for the BIMB-WA, and most likely the same scenario will happen before CNY, I expect it will reach the price level,at least RM 1.0

Posted by leslieroycarter > 2013-12-14 20:58 | Report Abuse

anything that goes up may has to come down one day ! In shares nobody knows but u may predict.....

Posted by chang21 > 2013-12-14 22:58 | Report Abuse

It will definitely reach Rm1.00 next year ....... mother share to move to another record high ...... just wait and observe.

Posted by cytew > 2013-12-15 07:39 | Report Abuse

Now BIMB-WA is very prospective, because it is a bank warrant, and recent right issue has reduce its minority interest, in turn increase its EPS from about 23 cents to 30 cents, furthermore with New Syariah Compliance criteria, more SUKUKs will be demanded, that will benefit BIMB

Posted by Gabriel888 > 2013-12-15 08:20 | Report Abuse

Wah. Superb

Posted by rchi > 2013-12-15 09:01 | Report Abuse

technically speaking,BIMB has started its rebound on fri from an oversold territory of Rsi below 30 to 39,Macd has started to hook up and a long green candle has formed.The coming week will most likely see higher prices,and this will pull the warrant up.Note that this is no ordinary warrant but an Islamic bank warrant,think about Takaful,an Islamic insurance co.which is also BIMB's subsidary...need i say more?

Posted by Gabriel888 > 2013-12-15 09:08 | Report Abuse

Cytew n rchi memang bravo

Posted by qqq668 > 2013-12-15 10:36 | Report Abuse

At current price of 64 sen n mother share of 4.34, if u calcurate it backward, bimb or is at 73 sen, it was hammered to 66 sen just before it closed for trading. For the lucky one who bot last minit, it would give you a mere 10% gain only. For those who bot the OR 75 sen n above, it is still losing money. Pity for those who grab at 1.00. Fr om this angle of analysis, they hv pushed to sell their entitlement, simply because the right price has been priced too high. If you look at the prices 6 month before bimb go ex, it was trading at around rm4. So at current level of Bimb n its warr the valuation are rich already, can it go higher fr here?

Posted by cytew > 2013-12-15 11:36 | Report Abuse

The above is a poor analysis, it is too superficial, you must find out why the BIMB-ORs were dumped, and now BIMB-WA, WHY ? it took me about a year to figure out the reason behind in 1994, I had been buying ORs , WRs PRs and LRs since 1994, buy only when there is an arbitrage advantage, the fund used for this type of exercises just doubled annually.

Posted by Gabriel888 > 2013-12-15 11:37 | Report Abuse

1year. jsut to find out WHY. wow. result is fanstastic..?

Posted by qqq668 > 2013-12-15 12:02 | Report Abuse

Money has gone into the pocket of the funds who sold their entitlements, now the block of warr available for those who grab to trade or invest, good luck.

Posted by Gabriel888 > 2013-12-15 12:58 | Report Abuse

go such thing and theory? bro rchi . what premium u giv to bimb wa then? for its 10years