Posted by Novice296 > 2021-01-27 09:43 | Report Abuse

if I hold 2000 shares, how many warrants do I entitle? haha kinda confusing. I saw some commented 1000 warrants.

Posted by hakubasnow > 2021-01-27 09:45 | Report Abuse

@ForceBWithU

I can't figure how theoretical x-price by Bursa is at 1.52
Maybe you can help how they arrive at this price

You can check the link from Bursa on how to calculate the
theoretical price (formula #6) :

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiMuKvC27ruAhUpwTgGHX1hAZ4QFjAAegQIAhAC&url=http%3A%2F%2Ftaadress.ta.com.my%2FCircular%2FG%25200011%2520of%25202016%2520Guidelines%2520Reference%2520Price%2520Calculation_Corporate%2520Action_New%2520Listing.pdf&usg=AOvVaw0g_DkHT4WOTqWh-6x2I6lX

Posted by jinova546 > 2021-01-27 09:51 | Report Abuse

@Novice296, sorry to say that u brought 2000 shares cannot get a free warrant because u need to buy at least 3000 shares only then u will get a free warrant but need to buy it before 27th

Posted by Lida Rashid > 2021-01-27 10:02 | Report Abuse

2000 shares equilvalent to (1 + 1 bonus) total will be four, why not, i think, she or he will entitle for warrant too. isn't it.....

Posted by ktlim1018 > 2021-01-27 10:09 | Report Abuse

Everyone entitled for warrant. Just that if you are holding like 2000 shares after bonus, then you will get odd no. warrant - 666 which is hard to sell all.

Posted by ForceBWithU > 2021-01-27 10:12 | Report Abuse

Good price to enter now @ 1.55. EITA has good fundamentals. Whilst there are ppl probably contra players selling aggressively, there is good accumulation as well. Bought 10,000 at 1.55 . There is great likelihood that the price will appreciate to 1st TP of 2.00 in few days time.

Posted by Innerpeacee > 2021-01-27 10:13 | Report Abuse

From Rakuten current price 1.53 shows 0.093/ 6.47% increment

Seems like the opening is 1.437 instead.. Hmmmmmm

Posted by ForceBWithU > 2021-01-27 10:20 | Report Abuse

What @ SEE_ Research has written make sense. EITA has a small float and even after BI, the free float is probably less than 50 million shares. The possibility of reaching 3.00 is not impossible.

Posted by smartinvestor90 > 2021-01-27 10:23 | Report Abuse

While all retailer are selling... sharks keep accumulate... haiz

Posted by ktlim1018 > 2021-01-27 10:24 | Report Abuse

Retailers panic selling now

Posted by Invest89 > 2021-01-27 10:25 | Report Abuse

Players keep selling.. disappointed it dropped more than 20 sen from today's high..

Posted by jinova546 > 2021-01-27 10:29 | Report Abuse

I bet many cabut....

Posted by hakubasnow > 2021-01-27 10:31 | Report Abuse

If you had bought 2000 EITA you total holding become 4000 (including bonus)

With 4000 EITA you are entitled to 1333 Free Warrants
You can sell 1300 in the open market and balance of 33 sell under odd lot. Share with entitlement like bonus and warrants it's not difficult to find buyer in odd lot board, and it's better to sell your 1300 and 33 together on the same day to save on brokerage and get the price average out.

Posted by Srsm Trader > 2021-01-27 10:35 | Report Abuse

Many dont understand what is going on and start selling he he he. How I wish I have more to top up. Long way to go this counter, have seen this many time. kpower (accumulate since 0.50), greatec (accumulate since 0.80) to name a few. All the best. ;)

Posted by Jvermilion > 2021-01-27 10:46 | Report Abuse

Totally agree. If only got more bullets to grab...

Posted by Stacker > 2021-01-27 10:50 | Report Abuse

Agree too I still got bullet hehehe. Hence i add on because the price too nice to get in alr

Posted by ForceBWithU > 2021-01-27 10:53 | Report Abuse

Added more. Who is letting go will have buyer to take up.

Posted by nicerichman > 2021-01-27 11:11 | Report Abuse

Limit down.

Posted by pang1998 > 2021-01-27 11:17 | Report Abuse

why many sell like that, so weird

Posted by Innerpeacee > 2021-01-27 11:50 | Report Abuse

Added more 1.43

Posted by pang1998 > 2021-01-27 11:56 | Report Abuse

some people really love sell low buy high, too emotional

Posted by kuring2 > 2021-01-27 12:10 | Report Abuse

Rilex guys.. dont be emotional..trust the share.. looks to amtel, euro.. price should be be better then them.. cheers.. keep above RM3.. today is just 1st day after BI

Posted by kuring2 > 2021-01-27 12:11 | Report Abuse

Operator are collecting your ticket at low price.. why u sell low if u can sell high..

Posted by kuring2 > 2021-01-27 12:12 | Report Abuse

furthermore, MRT project is still running even MCO.. plus another project coming in near future.

Posted by pang1998 > 2021-01-27 12:19 | Report Abuse

i believe hold till next month can see the return

Posted by kuring2 > 2021-01-27 12:22 | Report Abuse

Yup.. should hold one.. then we can see the price like euro 7208.. above RM4-5

Posted by kuring2 > 2021-01-27 12:24 | Report Abuse

This is profit making counter.. nothing to worries.. even today high is 1.72.. act is a good start for day 1..

Posted by kuring2 > 2021-01-27 12:26 | Report Abuse

We should enjoy the limit up gew times like euro previously... just chill n enjoy the show.. big fund will come and collect within this 1 week..

Posted by pang1998 > 2021-01-27 12:27 | Report Abuse

if u love day trading, this few day mclean, kpower, or scib will be nice choice, but if u want to play safe, this counter is fast enough and steady

Posted by Callurson > 2021-01-27 12:28 | Report Abuse

hello guys, i bought 10000 shares @ 3.32 before 26/01/2020. Overall still lose money even when bonus payout?

Posted by Amao Mao > 2021-01-27 12:46 | Report Abuse

seldom i match lowest price, this time kena, weee

Posted by jinova546 > 2021-01-27 12:49 | Report Abuse

@callurson on 2nd Feb u will get ur bonus shares

Posted by Callurson > 2021-01-27 13:08 | Report Abuse

@jinova546 yea but my concern is I still in paper loss even got the bonus share with current price rm1.47, seems not a good deal to buy before bonus lol?

before bonus
10000 shares @ RM3.32 = RM33,200

after bonus
20000 shares @ RM1.47 = RM29,400

Overall paper loss RM3800

is my calculation correct? sorry i'm new to market.

Posted by Layman > 2021-01-27 13:33 | Report Abuse

@hakubasnow:

Entitlement events # 6: ..X bonus share(s) for holding of every Y existing share(s), with W warrant(s) for every B bonus shares?

Posted by michaelyeo > 2021-01-27 13:42 | Report Abuse

Q1 report will out on feb,shd be a good report...

Posted by hakubasnow > 2021-01-27 15:24 | Report Abuse

@Callurson
Yes if you sell today, then your losses will be RM3800
But then you need to also include the 1 for 3 free warrant that you will receive.
So with 20,000 EITA shares you will receive 6666 free warrants

Let say a day before the free warrant listing, EITA closed at RM1.40
Therefore the theoretical free warrant price will be 1.40 - 0.70 (exercise price) = 0.70
If you sold off all your 6666 free warrants @ 0.70 = 4,666
Your gain = 4666 - 3800 = RM866
Of course if EITA closed higher before the listing and the you manage to sell your warrants at a much higher price, you profit will be more than RM866

Posted by arfastrade > 2021-01-27 15:39 | Report Abuse

Until now i havent sort it how they come up with adjusted price 1.52.

Posted by arfastrade > 2021-01-27 15:43 | Report Abuse

Anyhow im expecting reversal now from 1.45

Posted by hakubasnow > 2021-01-27 15:46 | Report Abuse

@arfastrade - Been raking my brain the whole day trying to figure out how they arrived at 1.52

Posted by Amao Mao > 2021-01-27 15:51 | Report Abuse

I can't imagine it traces back, so sad no bullet to add on some more

Posted by dp_pupi > 2021-01-27 16:01 | Report Abuse

When will the bonus n warrant deposit to our account ya?

Posted by Maxsuper > 2021-01-27 16:05 | Report Abuse

Run..... Sharks are throwing n won't come back for a very long time. This stock will become sleepy again

Posted by Holiao223 > 2021-01-27 16:08 | Report Abuse

Why keep drop till now even alrd 1.35.......................

Posted by kuring2 > 2021-01-27 16:11 | Report Abuse

I guess many of us get trap.. i also out of bullet.. but the price come down.. another one more counter to donate to bursa i guess..

Dont know need to CL or not.. lol... apa sudah jd ini counter.. bursa nowadays are not meant for retailer to play.. aiyaa... lol

Posted by aiekakashi > 2021-01-27 16:14 | Report Abuse

maybe flush out contra player.

Posted by kuring2 > 2021-01-27 16:14 | Report Abuse

Today drop almost 0.40 from the high 1.72 morning.. giler... 1st day only drop gao gao...

Posted by Stacker > 2021-01-27 16:14 | Report Abuse

Coming back...
aiya just now low price out of bullet also

Posted by kuring2 > 2021-01-27 16:16 | Report Abuse

Contra player already out from 9 -11am.. now people just throw the price only... this is what i can thinking for now la.. but totally i've no idea..

Maybe someone could give their advise on this..

Posted by kuring2 > 2021-01-27 16:18 | Report Abuse

Now time is almost 4.30pm... no chance to climb up.. sure friday got another round to drop... lowest now is 1.34... consider weak already...

Posted by kuring2 > 2021-01-27 16:21 | Report Abuse

Hopefully new joiner did not get trap like us.. if not, pity to them.. us got free warrant n BI also get trap.. How about people just onboard this morning..

Hopefully they are survive if any..