now at 87 sen,overall turnover 50 millong shares compare with >100 million yeaterday..looks like distribution of shares..sellers>buyers..prices likely to fall soon..
not this stock...it should be BIMB-WA.....they are moving independently on each another now....defying the equation when the underlying move, then only will the son move...
Calculation is nice and provides a platform for you to predict when the shares will go down or up ........ anyone out there who make millions from all the graphs, stats, etc plotted should join the world bank, they need people like you. A lot of stock defy gravity and goes through the ceiling ........ you will be surprise by year end.
high volume of 100million for 2 days..i think so....and rm0.87 plus rm4.72(ex.price)=rm5.57 that is after less mother share rm4.33=rm1.24 premium...i think the bimb-wa is too pricey..
The warrant will continue to move toward RM 1.0 and pullback due to this strong nature resistance, after consolidation at 95 to 98 for a while,then it will assault the Rm 1.0 resistance with the help of mother share upward momentum ,finally the warrant will settle at its equilibrium fair value price level range of Rm 1.20 to RM1.30,and the mother share settle between RM 4.4 to RM 4.5 range, thereafter any up/down will be depended on market demand and supply forces.
leeyh: Based on my 20 years experience in warrant investing, the premium normally for warrant with parity of 80% to 90 % range of a 5 years duration warrant is about 20% to 25%, so in this case,it is VERY conservatively logical to use 40% of premium to determine the FAIR VALUE of the warrant since its duration is 10 years and its has a fairly good VOLATILITY both in volume and price FLUCTUATION of its mother share.
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....
ronaldo96
763 posts
Posted by ronaldo96 > 2013-12-17 13:17 | Report Abuse
Today tp rm1?