EKOVEST BHD-WARRANTS B 14/19

KLSE: EKOVEST-WB (8877WB)

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Last Price

0.29

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

486 comment(s). Last comment by DatoLim24 2019-10-11 03:29

Mohd Zaini

309 posts

Posted by Mohd Zaini > 2014-07-02 15:47 | Report Abuse

Buy !!!!

yiqqre

906 posts

Posted by yiqqre > 2014-08-01 11:29 | Report Abuse

much higher than the price of change

yiqqre

906 posts

Posted by yiqqre > 2014-08-01 11:37 | Report Abuse

Not worth buying

tjhldg

27,218 posts

Posted by tjhldg > 2014-08-07 01:02 | Report Abuse

m buying :)

andyvin07

134 posts

Posted by andyvin07 > 2016-04-21 16:07 | Report Abuse

mother up like hell....warrant also up like hell....great

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-09-19 16:42 | Report Abuse

So happy today here

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-09-19 16:50 | Report Abuse

Up 15% in a day, another extremely good return investment, gogogo!

Posted by thinakaran > 2016-09-25 15:11 | Report Abuse

Dear friends a quick question,

what happens if the warrant stock price hit or surpasses the exercise price of RM1.35??
coz it looks like it might well shoot up beyond target :)

hisehatu

2,250 posts

Posted by hisehatu > 2016-10-01 15:40 | Report Abuse

If mother can go until rm3. Possible warrant to hit rm2.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-06 15:54 | Report Abuse

Warrant should be catching soon...

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-06 15:58 | Report Abuse

Today mother up 9 cents, warrant only 3 cents.

Mother up 15 cents in 3 days, warrant only up 5 cents.

A lot to catch up

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-06 16:12 | Report Abuse

Why want to sell warrant when mother is rocketing now? Really don't understand

hisehatu

2,250 posts

Posted by hisehatu > 2016-10-06 17:07 | Report Abuse

Good job today. Tomorrow will continue rally. Cross rm1. Gogogogo!

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-06 20:51 | Report Abuse

That's very sure, hisehatu
-------------------------------------
hisehatu If mother can go until rm3. Possible warrant to hit rm2.
01/10/2016 15:40

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-18 15:19 | Report Abuse

Based on my record on 9/9/2016:
Ekovest = 1.85 + 0.27 (8%)
Ekovest-WB = 0.89 + 0.16 (18%)
http://klse.i3investor.com/servlets/pfs/55784.jsp

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-18 15:19 | Report Abuse

Son is still laggard....

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-10-24 16:55 | Report Abuse

11%, wow

Mgician

716 posts

Posted by Mgician > 2016-10-24 16:57 | Report Abuse

why this son so naughty .. dun wan wait his mother

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-03 01:53 | Report Abuse

The Edge Weekly talk about Ekovest-WB at warrants update section

funda

484 posts

Posted by funda > 2016-11-09 12:02 | Report Abuse

wow, drop back.....trump effect

dawstz

52 posts

Posted by dawstz > 2016-11-10 12:14 | Report Abuse

mother to go to 3.00....great time to collect warrant as it will be much better gain than the mother in the short term as dividend will only kicks in by Feb/March next year

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-10 15:07 | Report Abuse

Mother share = 2.55
Warrant + Exercise price = 1.38 + 1.35 = 2.73
Premium = 7%
Days to muturity = 956 days (25 Jun 2019)

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-10 15:08 | Report Abuse

Good observation, dawstz.
----------------------------------------------------------
dawstz mother to go to 3.00....great time to collect warrant as it will be much better gain than the mother in the short term as dividend will only kicks in by Feb/March next year
10/11/2016 12:14

Ryan88

1,327 posts

Posted by Ryan88 > 2016-11-10 15:10 | Report Abuse

Wah. Fly to sky

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-10 15:30 | Report Abuse

2 years 7 months to go, by the time if Ekovest is RM3.50, warrant should be RM2.50.

What if Ekovest = RM4, then warrant = RM3.

Who knows? Anything is possible. But gain big also lose big. Let's see.

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-11-10 18:02 | Report Abuse

Felicity smart.

Posted by gabriel1985 > 2016-11-10 18:45 | Report Abuse

Thanks a lot to Felicity, moneySIFU, Jay, WealthWizard and paperplane for the sharing and comments.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-10 23:01 | Report Abuse

The 7% premium for Ekovest warrant with 2 1/2 years to go is unbelievably good offer for better option to hold Ekovest.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-10 23:04 | Report Abuse

Even taking into adjustment for special dividend, it should look like this:

Mother share less 25 dividend = 2.55 - 0.25 = 2.30
Warrant + Exercise price = 1.38 + 1.35 = 2.73
Premium = 18.7%

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-10 23:05 | Report Abuse

Let's take a look at the recent premium records:

When Ekovest was RM2 & Warrant was RM1
Warrant + Exercise price = 1 + 1.35 = 2.35
Premium = 17.5%

SP0094701

654 posts

Posted by SP0094701 > 2016-11-10 23:15 | Report Abuse

moneysifu ..with this prise still can buy ... and quaterly report will come out soon ...if q no so good as previous q it will effect share prise ??i hope not same with gadang .. i stuck in gadang due this issue ..:(

abangadik

2,305 posts

Posted by abangadik > 2016-11-10 23:35 | Report Abuse

If q report is not good. Then it is the best thing to happen so we can topup more, Gadang and Ekovest is two different story. Look at how much job for the next 2-3 years. Please read about the business not share price.

dawstz

52 posts

Posted by dawstz > 2016-11-11 00:02 | Report Abuse

altough there is nothing certain in the stocks market...assuming that there is no extraordinary factor to crash the stock market (eg War, Natural disasters), i dont think people should worry about picking up Ekovest WB...its already in the money, got 2 more years to go, and the upside for the mother share is still huge, meaning there are sizeable margin of safety to invest both in the mother and son...even if the quarter isnt good which is very unlikely, investors will stack up more just for sole reason of reaping the 28 cents dividend, which is a very rare/one off and high yielding in the current market....

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-11 00:17 | Report Abuse

Hi dawstz, I read your past comments in your comment section, your comments were constructive & meaningful, please do share more your views with us to make this i3 forums better place.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:13 | Report Abuse

Special cash dividend of 25 cents will not dilute the value of Ekovest warrant

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:14 | Report Abuse

Based on previous practice of declaring special dividend by other companies, the exercise price of the warrant will be adjusted accordingly.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:16 | Report Abuse

Based on my calculation & existing prices of mother (RM2.50) & warrant (RM1.37) shares, the new exercise price will be RM1.22, revised from RM1.35.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:17 | Report Abuse

Even taking into adjustment for special dividend on both mother & warrrant, it should look like this:

Mother share less 25 dividend = 2.50 - 0.25 = 2.25
Warrant + Exercise price = 1.37 + 1.22 = 2.59
Premium = 15.1%

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:18 | Report Abuse

Let's take a look at the recent month's premium records:

When Ekovest was RM2 & Warrant was RM1
Warrant + Exercise price = 1 + 1.35 = 2.35
Premium = 17.5%

probability

14,496 posts

Posted by probability > 2016-11-13 18:21 | Report Abuse

$$-sifu, u mean the exercise price of 1.35 will become 1.35 - 0.25 = 1.1??

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:25 | Report Abuse

No, the new exercise price will be RM1.22

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:27 | Report Abuse

probability, you can refer to special div previously declared by Sunway & Tanjong Offshores, calculation of adjustment for new exercise price were given in the notices to all warrant holders

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:31 | Report Abuse

Adjustment to mother shares = 25 cents (approximately 10% to RM2.50)
Adjustment to exercise price of warrant = 13 cents (approximately 9.5%)

Adjusted exercise price is to be calculated at RM1.215, due to rounding up, it rounded to RM1.22 :(

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:49 | Report Abuse

Correction, Warrant conversion 1.22 will be = 1.22 *2/5 = 0.49

Warrant 0.55 + ex-price 0.49 = 1.04 while mother will be 0.90, so the premium will be 15.5%.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:50 | Report Abuse

Formular for Exercise price adjustment for Special Dividend=

Exercise price x [(current price - special dividend) /current price ]

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-13 18:51 | Report Abuse

1.35 x [( 2.50 - 0.25 ) / 2.50 ] = 1.215
rounding up, the exercise price will be RM1.22

probability

14,496 posts

Posted by probability > 2016-11-13 19:26 | Report Abuse

thanks $$-sifu....wonderful informations.

pputeh

698 posts

Posted by pputeh > 2016-11-14 19:41 | Report Abuse

It is indeed difficult to find another like u, moneySIFU, sharing yr knowledge freely with us here so patiently and painstakingly explaining warrant conversion. Truly we are blessed to have you in this forum. Thank u and salute, brother

blacksnake

321 posts

Posted by blacksnake > 2016-11-16 12:41 | Report Abuse

buy buy buy....... if mother RM3 , WB will be 1.75 at least......

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-11-17 10:37 | Report Abuse

Thank you so much for your kind words, pputeh, it makes my days wonderful to read that. Hope we all make money in stock market

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