Posted by ktsk88 > 2018-06-09 12:21 | Report Abuse

conversion of warrants already pre-set at 0.90s..........so based on yesterday closing 2.00, Monday ex will be 1.00.........the Board will continue push up the price so that when warrants listed it will command higher and they gonna reaps the full potential profits out of it and also the mother shares.

bear in mind usually warrants command a bit premium around 20 to 25% from the conversion price. So i m expecting the warrant on listing will be about 0.20 to 0.25sen and the mother will be 1.10 to 1.20

Posted by ktsk88 > 2018-06-09 12:38 | Report Abuse

on and off it is usual for the directors to dispose since they are human like everyone and need to use monies.

Posted by ktsk88 > 2018-06-09 12:44 | Report Abuse

do you guys know that the directors sold yesterday is good sign......next week they can use the funds to push up n holding the share prices at lower 1.0o plus plus.....))

Posted by Money122 > 2018-06-10 11:54 | Report Abuse

That mean after split price will push up?

Posted by kentrade888 > 2018-06-10 22:10 | Report Abuse

If the company has a good outlook, it will rise.

Posted by iTelex6 > 2018-06-11 07:51 | Report Abuse

Anybody knows how the ex-price is .965? Many thanks.

Posted by elbrutus > 2018-06-11 09:05 | Report Abuse

bs stock..old thousand too ..lols

Posted by Avangelice > 2018-06-11 09:11 | Report Abuse

so what's the new entry price

Posted by Money122 > 2018-06-11 09:18 | Report Abuse

If I buy at rm 2.00 before split ..after split, will it automatic double up the share price n give free warrant?

Posted by csan > 2018-06-11 09:22 | Report Abuse

i had 20k shares so after the split i should have 40k shares. but the extra 20k shares is still not reflected in my portfolio today. how do i go about selling the remaining 20k? thru broker?

Posted by ZeroCityHunter > 2018-06-11 10:25 | Report Abuse

csan, u buy b4 exdate?

Posted by kentrade888 > 2018-06-11 10:26 | Report Abuse

Strong rebound.

Posted by KoiFish > 2018-06-11 10:28 | Report Abuse

Strong chicken run run run up up up, chicken up

Posted by csan > 2018-06-11 10:32 | Report Abuse

zerocityhunter, yes.

Posted by JackOffAllTrade > 2018-06-11 10:45 | Report Abuse

share split still not refleced in pprtfolio...

Posted by elbrutus > 2018-06-11 10:51 | Report Abuse

deposited on d 13th Jun

Posted by ktsk88 > 2018-06-11 10:59 | Report Abuse

after 13th you gets the split shares......

good lucks for those bought b4 split.........now reaping the rewards.....later could be more.

Posted by dc23 > 2018-06-11 11:16 | Report Abuse

just wondering if i buy today would i still be entitled for the share split and warrants? plus current PE shown (using RHB platform) has not taken into account of the additional split shares?

Posted by elbrutus > 2018-06-11 11:26 | Report Abuse

no u dont

Posted by Syndicates > 2018-06-11 11:30 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5812333

For example, if Mr X purchases 100 CCK shares on cum basis on 8 Jun 2018, Mr X should receive 100 shares on 13 Jun 2018. As a result of the Share split, a total of 200 CCK shares will be credited into Mr X's CDS account on the night of 13 Jun 2018 being the Book Closing Date.

"Therefore, Mr X can sell the Share split shares of 200 on or after the Ex-Date ie from 11 June 2018 onwards." - what does this mean?

Posted by dc23 > 2018-06-11 11:38 | Report Abuse

thank you elbrutus

Posted by JackOffAllTrade > 2018-06-11 12:48 | Report Abuse

thanks sifus for explaining

Posted by iTelex6 > 2018-06-11 13:06 | Report Abuse

how did they get 0.965 ex- price?

Posted by iTelex6 > 2018-06-11 13:32 | Report Abuse

Can someone please show the calculation to get 0.965 ex-price? tq

Posted by Balasuresh Shammugasamy > 2018-06-11 13:36 | Report Abuse

split share will be good news or otherway around ?

Posted by Syndicates > 2018-06-11 14:14 | Report Abuse

(2.00+0.9)/3

Posted by iTelex6 > 2018-06-11 14:29 | Report Abuse

syndicates, thanks for the reply but (...) = .966666 or .97 but the ex px is .965

Posted by fellysia > 2018-06-11 15:26 | Report Abuse

CCK is one of the stock I notice thru Vindex stock screener app last year. Of course, it is still a solid stock but the risk is higher now

Posted by Money122 > 2018-06-11 15:37 | Report Abuse

If not split now price 2rinngit

Posted by Syndicates > 2018-06-11 19:43 | Report Abuse

.967 is nearest to 0.965
Middle between .965 and. 970 is 0.9675

Posted by freddiehero > 2018-06-11 21:01 | Report Abuse

if ppl lost confidence surenpenic sell..

Posted by Pacbut286 > 2018-06-11 21:39 | Report Abuse

CCK still good stock. Plan to keep for a few months at least.

Posted by iTelex6 > 2018-06-11 23:08 | Report Abuse

Syndicates, I guess it was bringing the ex- price to a meaningful 0.965. Thanks very much for sharing, Syndicates. It helped.

Posted by KoiFish > 2018-06-12 09:59 | Report Abuse

Good fundamental, potential stock

Posted by hohoho123 > 2018-06-12 16:24 | Report Abuse

they Q a lot at 0.96 ^^

Posted by Hunter LaBaby > 2018-06-12 16:48 | Report Abuse

I buy 0.98,look like too high already

Posted by hohoho123 > 2018-06-12 16:59 | Report Abuse

0.98 i guess is ok.@@

Posted by eleh > 2018-06-12 18:12 | Report Abuse

eh. what time ur platform will gv u the bonus issue and warrant ah? my remiser tel me by 4pm tmr==..

Posted by lowtsoon > 2018-06-13 14:50 | Report Abuse

CCK Consolidated Holdings Bhd
(June 12, 95.5 sen)
Maintain add with an unchanged target price (TP) of RM1.09: CCK Consolidated Holdings Bhd’s share price went ex-bonus issue on Monday following the issuance of 315.4 million new bonus shares. The bonus issue also came with one-for-two new warrants at a strike price of 90 sen.

We adjust our numbers to incorporate the enlarged share base of 630.7 million. Also, we include the RM284 million estimated warrant proceeds (assuming full conversion) as well as impute a fully diluted share base (946.1 million) into our sum-of-parts (SoP)-based valuation. Our adjusted SoP-based TP stands at RM1.09.

We gather from CCK’s management that the warrants’ proceeds will be earmarked for paying off its borrowings, future capital expenditure plans for its poultry and retail segments, and financing its working capital requirements which are set to increase in tandem with its expansion plans. In our view, these proceeds will allow the group to pursue merger and acquisition activities if the right opportunities arise.

CCK will continue to pursue expansion in the poultry and retail segments. Besides upgrading existing poultry farms, CCK plans to gradually increase its number of layer, broiler, and breeder farm in Kuching, Sarawak. This will provide sufficient supply to increase the daily output of its Kuching abattoir by 33.3% to 38,000-40,000 birds. It also plans to produce 240,000 eggs daily (currently: 200,000 eggs per day). In retail, CCK plans to open more outlets with four to five new ones planned for 2018.

We keep our “add” call, with a fully diluted SoP-based TP of RM1.09. We still value CCK’s business at 18.3 times calendar year 2019 (CY19) price-earnings ratio (PER), a 20% discount to our consumer sector weighted average CY19 PER, and input the cash from the assumed full conversion of all its warrants. We continue to like CCK for its strong earnings prospects, dominant position in East Malaysia through its network of 57 retail outlets, and robust demand for poultry products in East Malaysia. — CGSCIMB, June 11

Posted by winvestor > 2018-06-13 15:57 | Report Abuse

guy anyone know when is the listing date of the cck warrant ?

Posted by eleh > 2018-06-13 16:10 | Report Abuse

should be tmr??

Posted by Rider > 2018-06-13 18:57 | Report Abuse

tomorrow's listing is only for the subdivided shares, warrants have to wait for another one/ two weeks.

Posted by Dakewlest > 2018-06-13 20:46 | Report Abuse

Still waiting for my bonus shares. Anyone?

Posted by eleh > 2018-06-13 23:07 | Report Abuse

yea. warrant should have need to wait for around 1-2 weeks. taking bjasset as example.

Posted by Hunter LaBaby > 2018-06-14 09:42 | Report Abuse

Why still keep drop?scare die me

Posted by maomao2 > 2018-06-14 09:48 | Report Abuse

Better to hold?

Posted by iTelex6 > 2018-06-14 10:34 | Report Abuse

The price of the mother must be above .90 otherwise it would be useless to hold/buy any warrants. To induce the market to convert, the price of the mother has got to move up or has an upward tendency to ensure some level of comfortability.

Posted by eleh > 2018-06-14 11:05 | Report Abuse

first day warrant sure goreng one la.

Posted by elbrutus > 2018-06-17 17:00 | Report Abuse

any idea when d new warrants will be deposited into our CDS accounts ???

Posted by KoiFish > 2018-06-18 17:36 | Report Abuse

Wah, the price keep goes down