assume if u buy 100k at RM0.05 now and sell RM0.08 1 month later.Gross profit RM0.03/pershare. Total GP = RM3000. ur return 60%.. try u study CSL start down 8/6/2012..i try predict this stock can rebound back at support level RM1.35 and above within 1 month.. that time csl-ca level RM0.08-RM0.10..hopefully..
5 days closing price average before the expiry date.
lets say the average is RM1.7 ,your warrant conversion is 1:1 , warrant price is RM0.50 , striking price is RM1.3 = RM 1.8
any average price below RM1.8 , you rugi, and that it.
any average price above 1.8, you untung, lets say average price is RM 2, RM 2 - RM 1.8 = RM 0.20 , and lets say you bought 1000 warrant, your total profit is RM0.20 x 1000 warrant = RM 200
The strike price for CSL-CA is RM1.48 , current mother price for CSL is only at RM1.01. If it expired at current condition, ur CSL-CA becomes toilet paper.
If the mother price manage to go up above strike price at expiry , the issuer bank will post a cheque to you and the amount should be calculated as per the formula stated as announced at Bursa.
hi all.. i saw an announcement posted on this warrant, can someone tell me what does it mean ?
5214CA CSL-CA CSL-CA:CW CHINA STATIONERY-AM STRUCTURED WARRANTS ANNOUNCEMENT
STRUCTURED WARRANTS ANNOUNCEMENT: ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS AMBANK (M) BERHAD ("AmBank") ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF CHINA STATIONERY LIMITED (CSL) (CSL SHARES) (CSL-CA) PURSUANT TO THE PROPOSED BONUS ISSUE OF 596,295,388 WARRANTS IN CSL ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF SGD0.001 EACH IN CSL HELD BY THE ENTITLED (BONUS ISSUE OF WARRANTS) You are advised to read the full contents of the announcement or attachment at http://www.bursamalaysia.com.
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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....
zack_liza
1,560 posts
Posted by zack_liza > 2012-07-17 09:50 | Report Abuse
buy this stock...TP RM0.10 if mother (CSL)going at support level RM1.35 and above.. at least 100k and hold within 1 month..