Good jobs to everyone who has held their WA tightly so that the price of WA was not decreased below RM0.30.
Let's give a lesson to Sharks so that they could not manipulate the market.
In regards to the special gift mentioned by the MalaysianIB_HongKong about the price of maybe RM1.20 or RM1.50, I would like to remind everyone not to forget that the computation of redemption consideration that might be in favoured by the WA Holders might include the annual dividends that had been forgone by those WA Holders.
How to satisfy or compensate to those buying at higher price and those not getting any Dividends because of not converting into ordinary shares yet?
Do you think the top 30 will be happy and satisfied only with RM0.26 per warrant or probably RM0.40 per warrant?
My answer this is definitely NO.
Please exercise your professional judgment to understand the intention behind the revision of redemption consideration based on announcement on 29 Jan 2021.
As the VWAP had been reduced significantly because of Sharks' effort in manipulating the market, the VWAP of 5 day might not be relevant anymore. Please remember the Court Convened Meeting for determining the Final Redemption Price.
Remember, how much you people want to earn depend on your faith in BIMB. I hope to see great effort in all of you to keep buying and pushing up the BIMB WA price.
Also remember, every important person is looking and observing this market everyday, including BIMB top management.
Please show BIMB top management you faith and your confidence in the Company and I am pretty sure your return is very out of expectation. Special Gift is coming soon.
The BIMB Holdings might be giving everyone special gift or ang pao if the price of BIMB WA is being pushed up everyday.
Today's price movement is a good progress. Please move up more and aggressively.
All WA holders will definitely be rewarded redemption value out of your expectation.
Please continue to buy and hold. Do not sell.
If the price is more than RM0.40 before this Friday, you people will be rewarded significantly.
I could not disclose further details. My tip is within the context of my messages above. If you are smart enough, you know what I meant and you know what and how to do.
Remember, you will not be getting second chance in other Arbitrage Trading like how BIMB Holdings does for all of you. Take this as a good opportunity to earn big bucks.
Some top holders express their wish to me that they would like to have the BIMB WA redeemed at RM1.20 at least and up to RM1.50 if possible.
Let's us work together and make it happen. Win win situation, remember!
We need more buyers to break through the resistance at price level RM0.340, RM0.345 and RM0.35 by end of today.
Please encourage your friends to participate and let us punish sharks as they were pushing down the price last week to cause financial losses to most of our friends who are retail investors and who do not know arbitrage trading.
We need more volumes at price RM0.335, RM0.340 then and RM0.345. Please show BIMB Holdings and Tabung Haji that we all unite to push the price to higher level by end of today.
Rest assured, all of the warrant holders will be rewarded with high redemption value.
In conclusion, BUY and BUY MORE, then HOLD and DON'T SELL.
This is the time we take revenge and punish all of the Sharks.
Just checked and note that the queue for RM0.335 is in a volume bigger than the selling force.
We need more buyers at RM0.340 to break through the resistance level at RM0.345 and RM0.350.
As mentioned by MalaysianIB_HongKong, there will be a surprised announcement if we all help to reach RM0.500. From my source, I have been informed about this news as well from my big boss behind.
Please encourage more investors or friends to join the rally. We need to ensure we get at least RM0.500 by end of this Friday along with the announcement of Quarter Result for BIMB Holdings as well as the potential announcement on SC's approval.
Please note that SC's approval might be deferred if BIMB Holdings deem the participation in BIMB WA is too low.
As such, for the advantage and benefits of all warrant holders, please continue to BUY and HOLD. DO NOT SELL.
Let's fight for the best out of the best together.
My boss informed me that he was quite satisfied with the price increase yesterday. He would work together with MalaysianIB_HongKong's boss to fight for a higher redemption price.
Your people will be surprised with an exceptionally higher redemption price with all your effort.
Please continue with the buying spree to break through RM0.355 and at least obtain a new result of RM0.365 by end of today.
My boss is relatively satisfied with the current price level. He could assure a surprised gift to all of you if the price could be reached to a higher level like what God_of_Wealth mentioned.
Remember, our aim today is RM0.365 as the closing price.
Please work hard and work together as a big team.
Good news, surprised gift and exceptionally higher redemption consideration for BIMB WA is coming soon.
these few days recovery proves that, the manipulation done last week was for the syndicates low price accumulation, these few days, the huge vol queues are also not appears .......
actually, price at high level is good for all type of investors :D :D
No one believes me when I proposed BUY CALL. Whoever already sold his or her BIMB WA, he or she will regret for sure.
Tomorrow BIMB WA will be performing better. And do not forget, I keep emphasizing the BIMB Holding share price is not relevant to BIMB WA price. So now, you people believe!!!
Arbitrage is an art of investment. If you people do not know, please read books written by Warren Buffett, Charlie Munger and Peter Lynch.
Study more or else, please be quiet or stay away from this counter.
I told you people, RM1.00 - RM1.50 is not a problem at all.
The buying power will only increase from day to day. My team is collecting non stop.
Bye bye. Cannot tell more already because announcement on SC's Approval is not yet available.
I would rather be a dumb person. Next time, if got other Arbitrage Trading opportunity, I will not tell anymore.
BTW, thank you to my comrades, MalaysianIB_HongKong and God_of_Wealth for their good words and motivation during my absence in this forum.
auditorandconsultant I have been reading your comments since day 1, and have learnt a lot from your comments. If you're leaving for real, thank you for your insights. I hope you can learn to not let 1 person in an online forum discourage you from posting because I'm sure you've kept many other silent people informed. Hope there will be another arbitrage opportunity in the future so you may make money together with everyone else.
@lchuanse (Comments written to this nonsense who is believed to be one from SHARKS)
It seems like you only read theory but did not apply the principle and concept.
Do you understand what is "Substance Over Form"?
Almost all investment Gurus in the market who are authors of different types of investment book acknowledge the redemption BIMB WA due to Internal Reorganisation as an Arbitrage Trading except you.
You are the only one who listened to people like Ularsawa, DuitKwsPKita, Pretty Life who knows nothing about Arbitrage but just misled investors. The funniest thing is Ularsawa/ DuitKWSPKita is even funny as he said it is "ARBITRATION". He should go back and refer to dictionary because in this scenario, there is no mediation or resolution of any disputes.
Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from tiny differences in the asset's listed price. It exploits short-lived variations in the price of identical or similar financial instruments in different markets or in different forms.
In this BIMB Holdings' redemption of BIMB WA.
The market that investors bought BIMB WA = BURSA MALAYSIA
The market whereby compelled or forced sale of BIMB WA in a price deemed reasonable by holders = Internal Market or Inner Market that is not opened for any other party but to BIMB Holdings ONLY in a legally bound arrangement, i.e. in accordance with price set during the Court Convened Meeting (CCM)
BIMB WA = originally holders' financial instruments
Cash Consideration = financial instruments that BIMB WA Holders obtained by forgoing his or her BIMB WA
And Please remember to understand SUBSTANCE OVER FORM.
In this world, not everything need to be directly or straightforward shown to you. Please exercise judgment and use your brain to think.
I feel like I am now a lecturer teaching IFRS 9, Financial Instruments because naive person is challenging my International Financial Reporting Standards (IFRS).
Please go back and study more books. Based on my professional experience in audit, accounting and advisory for more than 10 years and with international firm, do you think I do not know how to differentiate what is a financial instrument?
You better go fly a kite!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Today marks a special day to me because the BIMB WA price today is a solid evidence to show that my articles from Day 1 here is TRUE/CORRECT and RELEVANT without misleading anyone.
One of the points (Point Number 4 of the conditions to be complied with) from announcement on MULTIPLE PROPOSALS dated 23 February 2021 states that the approvals or successful implementation or completion of the Internal Reorganisation is subject to the Maybank IB to furnish a certified true copy of the resolutions passed by the shareholders in general meeting approving the Proposed Placement, Proposed Internal Reorganisation, Proposed Distribution and Capital Repayment and Proposed Transfer of Listing.
In other words, we, as BIMB Warrant Holders are parties that will never be ignored because our participation in the Internal Reorganisation is of utmost important due to the need of our votes and voices in ensuring that the resolutions could be smoothly passed. In this case, we will be invited to participate in a so called "Court Convened Meeting" or "CCM" to express our needs in regards to the mandatory redemption of BIMB WA as a result of the Internal Reorganisation. Our needs as BIMB WA holders must be satisfied or else we will VOTE AGAINST the proposed redemption and proposed capital repayment.
Due to the reason above, I need everyone to continue to BUY and HOLD and PUSH the price of BIMB WA up to the maximum possible. If possible, LIMIT UP tomorrow.
I need to prove to BIMB Holdings that all BIMB WA holders have faith in BIMB Holdings and hold strong believe in BIMB Holdings' decision in the Internal Reorganisation to UNLOCK VALUE in its entities or subsidiaries.
To express our voice to a greater extent, I really urge that all of us (existing holders of BIMB WA or new investors) continue to encourage one another to BUY and HOLD BIMB WA till CCM so that a WIN WIN situation could be achieved.Remember, the moment the number of outstanding BIMB WA outside is getting limited, every small purchase or movement will result in a bigger spike in BIMB WA price and its VWAP.
My team has targeted to negotiate a higher redemption consideration ranging from RM1.00 - RM1.50. Before the voice could be brought to the CCM, I really need everyone to put in effort to BUY and HOLD and KEEP BUYING so that the price of BIMB WA could be push to at least RM1.00. Then, at least, I could have a bigger room for discussion/ negotiation to show and present our proposed consideration to BIMB Holdings. I need the price of BIMB WA to be spiked to RM1.00 before I could even fight for a HIGHER and BETTER consideration. Please do not forget Tabung Haji is on the same boat with us.
CONCLUSION - BUY and HOLD and KEEP BUYING and KEEP PUSHING the price to a higher level to INCREASE our BARGAINING POWER.
You all see... my Holland master sifu auditor... he fight for very good Holland ticker for all of you to Holland ler... pls join him if you all wan go Holland
Please IGNORE non sense people like PRETTY LIFE as from starting till now, he keeps on mentioning BIMB WA dropping to RM0.005, talking about gearing and share price of mother share as well as the conversion.
Remember, this is ARBITRAGE Trading, a higher level of ART in INVESTMENT.
WIN WIN Situation and This is NOT A ZERO SUM GAME.
Please continue to BUY and HOLD and KEEP BUYING and PUSHING and DO NOT SELL!!!
Yes... pls ignore me and follow my Holland master sifu... cause he said he already talk to BIMB and ask them buy RM1 -RM1.5 from them... if Wan go Holland faster... pls follow tight
@pretty_life.. im ready to grab ur ticket tmr..pls sell to me..thanks! Remember,dun keep a single share because this is very dangerous..can go holland 1..
If you people follow Pretty Life for his Non Sense, then very good luck because you are not only going to Holland but you will be going to Heaven faster
Please do not worry. My team is serious. Later, I will be explaning in details the procedures for the redemption of WA and you people will understand how Court Convened Meeting is going to be carried out.
It is obvious already that Pretty Life is talking non sense. Remember who said mother shares drop so warrant price cannot spike, remember who said RM0.005 is coming soon. 此人唯恐天下不乱,居心不良,大家心知肚明。
I have checked with my fellow professionals, lawyer group of friends and BIMB holding.
Stay tuned for my further explanation on item 8 from the announcement on multiple proposals. Remember, my team is very serious and I am serious and would like to help everyone to maximise the return of investment in BIMB WA possible.
Important thing is I would like to urge everyone to hold BIMB WA till the Court Convened Meeting. Further details will be disclosed to you people soon as I am rushing for my financial reporting right now.
My gang and my boss hope that everyone can hold his or her BIMB WA until CCM so that we could combine our voices with the team of auditorandconsultant in the upcoming CCM.
Remember, whoever sells now will regret soon because we are going to BARGAIN and NEGOTIATE for at least RM1.20 - RM1.50.
You may sell now but my gang and my boss will be collecting without hesitation. Although we have already earned quite a big amount of paper gain, we are aiming for a better and higher amount as the opportunity of earning from Arbitrage trading especially in banking sector is very rare. Please treasure this opportunity.
We are very determined and confident that the BIMB WA could be redeemed at an exceptionally higher price.
Hopefully, we could witness a spike in the opening price for BIMB WA later.
So, please keep buying and holding till CCM. My boss said he would be happy if every retail investors could also share a profit from this bigger cake. So, together we all fight for a better and higher redemption price.
Hi everyone, recently I had to top up some. I would not miss again this Golden Arbitrage opportunity. I will hold the ticket and will attend the upcoming CCM meeting also. Hope everyone works together to buy and hold and we all can attend the upcoming CCM meeting together and hoping there was an extra bonus waiting for us to grab there. Gong Xi Fa Chai All!
3)为什么一直叫大家不要卖,要hold,要买呢?这是因为大家都想赚最高价,而且大家都希望有惊喜。首先,如果我们最终的5 day VWAP是0.8的话,身为散户的我们可以和BIMB管理层讨论,我们可以提议更高的收购价。我知道这里auditor, MalaysianIB_HongKong和God_of_Wealth都有自己的团队,大家看重的除了是最终5day VWAP的价格,更看重自己持有warrant的百分比。如果我们大家合起来超过10%以上,我们绝对有资格左右CCM的讨论结果,而且我很相信我们已经超过10%的数目了。
Lucky Winner is talking non sense again. He said he expect the WA would be RM4.00 this is a big joke and not realistic at all. Everyone can just ignore him.
Hahaha, the SHARKS are using the same and lousy tactics to trigger market sentiment again.
Purposely exert Selling Pressure at RM0.385 with volume around 1 million units.
Lousy tactic.
My team is queuing to collect more. Please shake the market more and if can, please sell at RM0.365, then thank you in advance
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....
paperplane
21,660 posts
Posted by paperplane > 2021-02-19 17:00 | Report Abuse
i sinar duit mali, banyak duit pumping bro. billions!