Those who sold still hold hope in the warrants yet to be listed. To get good price for warrant, mother share must be high. Do support the uptrend even though u have sold!
KPOWER BERHAD (FORMERLY KNOWN AS KUMPULAN POWERNET BERHAD) ("KPOWER" OR "THE COMPANY") - PROPOSED ACQUISITION OF 2,193,000 ORDINARY SHARES IN CHEMTRAX SDN BHD ("CHEMTRAX"), REPRESENTING 51.00% OF THE TOTAL NUMBER OF ISSUED SHARES OF CHEMTRAX, BY KPOWER ("SALE SHARES") FOR A TOTAL CASH CONSIDERATION OF RM10.00 MILLION ("PURCHASE CONSIDERATION"), FROM AN EXISTING SHAREHOLDER OF CHEMTRAX, SABAKA GROUP SDN BHD ("SABAKA") ("PROPOSED ACQUISITION")
Some people here are recommending to take profit and buy lower later. By now we should know that for KPOwer it wont work becoz Kpower is moving in a strong general uptrend.
You did indicate, it is good to collect at SCIB forum mah. i have start collecting SCIB for impending Warrant announcement. Karim will do Magic there for sure.
Kpower for now as you have stated will move sideway for a while...
Expiry date of Kpower is 5 yr from date of issuance. In general, when mother share price is expected to go up, it is better to buy warrants to take advantage of the leverage effect.
SCIB looks bullish right now, even directors bought in last week. However in view of a company's growth potential, I see Kpower as the clear winner. Renewable E. sector and diversifications into health and logistic. Kpower growth could be very much like Penta, frontken. Once you sell it'll be extremely hard to time the market and get back in the uptrend ride.
Many yrs back, mbsb issued free warrant with exercise price 1.00. When price of mother share was around 1.45, warrant was around 0.45. When mother share up 2.45, warrant was around 1.45. With 45sen, u make 1 instead of making 1 using 1.45.
KPOWER BERHAD (FORMERLY KNOWN AS KUMPULAN POWERNET BERHAD) ("KPOWER" OR "THE COMPANY") - PROPOSED ACQUISITION OF 2,193,000 ORDINARY SHARES IN CHEMTRAX SDN BHD ("CHEMTRAX"), REPRESENTING 51.00% OF THE TOTAL NUMBER OF ISSUED SHARES OF CHEMTRAX, BY KPOWER ("SALE SHARES") FOR A TOTAL CASH CONSIDERATION OF RM10.00 MILLION ("PURCHASE CONSIDERATION"), FROM AN EXISTING SHAREHOLDER OF CHEMTRAX, SABAKA GROUP SDN BHD ("SABAKA") ("PROPOSED ACQUISITION") You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Mayzam, thamcarmen, you will entitle for all the right, bonus, Div bought before the Ex date, on or after ex date, the shares you buy or sell are excluded from any entitlement until the next annoucement of entitlement by company.
kytan, if wait for warrant to list, might be expensive by then already. That's why the rush to buy in on 11th Jan. At current mother share price, warrant price might be RM0.57. If Kpower = RM2.50, RM2.75, RM3.00; Kpower-WA = RM0.75, RM0.93, RM1.12.
Thanks for sharing Warrant pricing Calculation. So, you telling us here that the last closing price a day before Warrant listing on 26 Jan is crucial to next day Warrant pricing?
Warrant price only depend on the mother price at that moment, simply said. Other than that, also depends on average volatility of the stock, risk free rate, exercise price and time to maturity.
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....
MaDSQuiD
23 posts
Posted by MaDSQuiD > 2021-01-13 12:33 | Report Abuse
Who sold earlier would be regret, a sudden big push might have good announcement after lunch!! Go go go Kpower up up n away!!