Posted by davidkkw79 > 2014-10-09 17:49 | Report Abuse

it is unbelievable, its warrant exercise price is RM1.00, now its mother's share is only at 0.84, such as huge discount of mother's share....

Posted by beso > 2014-10-09 18:07 | Report Abuse

adjustment with >5% down，those who bought for bonus issue all being trapped，very lucky i sold yesterday，good luck to all hope for new high…

Posted by optimusx8888 > 2014-10-09 18:09 | Report Abuse

wahahaha. warrant listing 20c. all kena coned by brendon.

Posted by optimusx8888 > 2014-10-09 18:11 | Report Abuse

Josh Ong Is he your brother? hehehe...
09/10/2014 17:10

he is not my brother, just a thambi who wash car in pudu.

Posted by posby > 2014-10-09 18:18 | Report Abuse

No point debate.. lets wait c how the warrant goes..... open 20cents those sell happi.. open 30cents those hold happy... definitely thr is winner n loser... Happy Trading...

Posted by optimusx8888 > 2014-10-09 18:20 | Report Abuse

they give u out of the money warrant....wahahaha

Posted by posby > 2014-10-09 18:35 | Report Abuse

Those buying 1.35 - 1.40 even warrant open with 0.30cents also break even only.. those buy yest 1.23 - 1.25 maybe able to make some profit from 0.20cents open but yet need to depend on the mother price.. if @ current stil making profit...

Posted by optimusx8888 > 2014-10-09 18:44 | Report Abuse

u dont go thru an exercise to breakeven do u?

Posted by Albert Baker > 2014-10-09 18:50 | Report Abuse

Once market stable, based on current businesses, mother will go up, followed by wa, see you can get double movement ! be patient bro - if you go for at least 3-6 months, sure profit

Posted by posby > 2014-10-09 18:55 | Report Abuse

Exactly.. purpose investing is make profit...

Posted by optimusx8888 > 2014-10-09 18:58 | Report Abuse

posby, i recently went tru sanichi OR, it gave me 15% return in a very bad mkt.

i went tru Menang, mother share give me 30c profit, ex for free warrant, 2 lot get 1 lot, i was still able to sell the warrant at 60c.
so its 30c + 30c +30c (split the 2 for 1)
all in 1 lot Menang gave me 90c profit.

what does Fitter deliver? breakeven??

Posted by posby > 2014-10-09 19:33 | Report Abuse

Wait n c .. how fitters react... only sharks know

Posted by Kingston1 > 2014-10-09 21:52 | Report Abuse

By the way, when is the warrant will be listed?

Posted by alibabacoming > 2014-10-10 08:56 | Report Abuse

Yup, warrant 18 cents

Posted by lymc_88 > 2014-10-10 10:25 | Report Abuse

albabacoming, why warrant 18 sen? if don't mind asking

Posted by lymc_88 > 2014-10-10 10:26 | Report Abuse

my theory on fitters' price is that they're trying to accumulate some treasury shares again. Previously they sold it so that the shares would be eligible for bonus issue and warrants.

Posted by Nn77 > 2014-10-10 12:26 | Report Abuse

Attn: Nn77

OMG !!!
I see ~ market crazy ,
am ~blood higher :( ,
i'm still hold ( FITTERS )~

Be patient ...

when market crazy .
current buy in lowest price .

From : Nn77

Posted by lymc_88 > 2014-10-10 14:35 | Report Abuse

everyday is "lowest"

Posted by cskhoon > 2014-10-10 15:14 | Report Abuse

Any idea what is the exercise price for the warrant?

Posted by lymc_88 > 2014-10-10 15:17 | Report Abuse

RM1
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1746357

Posted by cskhoon > 2014-10-10 15:45 | Report Abuse

Thank You very much lymc_88. If the warrant start trading at 18sen with the mother share stays at 82sen, then the premium is about 44%.
Any idea what is the duration for the warrant? If it is 10 years ,then
it is possible to trade at such a high premium.

Posted by newbie_win > 2014-10-10 17:09 | Report Abuse

cskhoon, May I know what calculation you have performed to get the premium of 44%? If you don't mind :)

Posted by YOLOOOO > 2014-10-10 18:52 | Report Abuse

158. In addition, the Government will intensify efforts to address the problem of non-revenue water. A sum of RM112 million is allocated for setting up leakage control zones as well as detecting and repairing leaking pipes. - See more at: http://www.themalaymailonline.com/what-you-think/article/the-budget-2015-speech-in-full-najib-razak-part-2#sthash.FttfXnP0.dpuf

Posted by beso > 2014-10-12 13:18 | Report Abuse

with convertion price of rm1，unlikely warrant will trade at 18c，most likely will be 5c，40% of the bonus shares will drag it further down…

Posted by dextronium > 2014-10-12 13:37 | Report Abuse

conversion price= 100 sen
amount paid to convert warrant to share= 100+ 18= 118 sen
current share price= 82 sen
premium= (118-82)/82 which is approximately 44%

Posted by ahlek888 > 2014-10-12 21:36 | Report Abuse

mm based on that warrant price and the current mother share price, i think can't even get anywhere near break even price right? i don't understand how did the warrant exercise cause so much value loss to the share holders?

Posted by CAF-POW > 2014-10-12 22:30 | Report Abuse

ahlek888, share price adjusted downward due to bonus issue plus 10% rights issuance ....

Posted by lymc_88 > 2014-10-13 09:01 | Report Abuse

CAF-POW PP doesnt actually bring price down, but market perceptions after the placement might. There's no "ex-price" for PP

Posted by jtpc2006 > 2014-10-13 09:15 | Report Abuse

bonus issues and free warrants will be in our accounts today

Posted by Nn77 > 2014-10-13 09:22 | Report Abuse

today ?

Posted by Nn77 > 2014-10-13 09:23 | Report Abuse

havent yet !!!! maybe after 5pm

Posted by lymc_88 > 2014-10-13 09:27 | Report Abuse

Anyone knows who the PP went to? At this price level, it translates to about 1.12-1.13, much lower than the PP price

Posted by J2529 > 2014-10-13 10:42 | Report Abuse

good to buy?

Posted by Nn77 > 2014-10-13 11:10 | Report Abuse

DIRECTOR (FITTERS) GIVING MUCH DISCOUNT TO us ! :D

Posted by Nn77 > 2014-10-13 11:12 | Report Abuse

Better lowest than more 0.600 , i can buy more ... hihi

Posted by Kingston1 > 2014-10-13 11:14 | Report Abuse

0.60? Don't joking pls..

Posted by Nn77 > 2014-10-13 11:42 | Report Abuse

NOT NEED TO WORRY ABOUT ( ON BEAR BULL MARKET )

From my mind that bull bear market coming means discount ,
but how much percent to discount ! ?
will not discount till zero ? better till zero ... !!!

I Believe IN ( FITTERS )FUTURE will be GOOD GROWTH company

Posted by Nn77 > 2014-10-13 12:17 | Report Abuse

KINGSTON1 ,

IF YOU LESS CONFIDENT ,
PLEASE TAKE TIME TO watch of this website about (FITTERS ) FINANCIAL !

http://markets.ft.com/research/Markets/Tearsheets/Financials?s=FITTERS:KLS

Posted by Kingston1 > 2014-10-13 12:52 | Report Abuse

Nn77, I'm holding it since it was 0.74 last year till today. Not even sell 1 lots, in fact I top up when it was 1.02 .. market sentimental normally will have some drop but I believe fitters growth still in good prospect! That's the reason Why I never sell it off. I don't expect fitters rebound one day in 10%, I prefer slowly climbing up; )

Posted by Nn77 > 2014-10-13 14:17 | Report Abuse

:D ! Good holding till now ! Kingston ..

but am regret sold all , when market coming before !
I buy in last year 0.795,and holding till up 1.03 !
but market red , my friend told me , sold all hand share ,said as market
crash .

(first time regret to sold my fitters at 0.975 .)
after fitters uptrend back ,
a second time, I buy in fitters 1.130 ... till up 1.280 ,
market red, (second time can't control sold out again at 1.300 ! feel sad ...)

this time I buy in again , fitters at 1.290 & 1.320 ,
till now ...
I setting in my mind ( bull bear market coming ,Discount coming ! )

be patient , will be get good infront !
because FITTERS will have a good growth future !

Posted by Nn77 > 2014-10-13 14:53 | Report Abuse

Airport & Bursa also downtrend

Posted by Trisven > 2014-10-13 17:04 | Report Abuse

bonus and wa not showing yet?

Posted by Nn77 > 2014-10-13 17:11 | Report Abuse

MAYBE tomorrow

Posted by YL8888 > 2014-10-13 17:29 | Report Abuse

system haven run.between 5pm to 8.59am
System will not immediately update at 5.00.01pm .

Posted by Trisven > 2014-10-13 18:13 | Report Abuse

ohh..ok...then wait for 2morrow morning...

Posted by Albert Baker > 2014-10-13 19:05 | Report Abuse

I think this downtrend is nothing to do with the performance of the company, I'm sure the future is very bright for FITTERS. An opportunity to buy on dip.

Posted by UY > 2014-10-13 19:16 | Report Abuse

Yup, I keep it since 0.56 last year as well up to now I even top up . Bonus and free warrant make me happy, now thinking to buy more. :)

Posted by ahlek888 > 2014-10-13 19:47 | Report Abuse

Mm a bit worri d since it keep plunging and the warrants still haven't been issued to us.

Posted by Kingston1 > 2014-10-14 01:01 | Report Abuse

No worry, warrant will be issued not later than 24th Oct. Let's see how it goes; )

Posted by tiny net > 2014-10-14 09:21 | Report Abuse

I got WB today this morning. Anyone still not get it?