Kuala Lumpur: Sumatec Resources, Mystock 118's next big thing could be testing 18 sen soon.
And this time its not just a play but there is beef in Sumatec. The loan which the company recently got, will see the company owing the oil and gas assets in Khazakstan.
Sumatec's board meets today and do expect some big noises coming out from Sumatec which is now ready to talk the talk and walk the walk.
You are lucky when they pick your warrant to push up and unlucky when they choose yours to push down. And down can be a fews sen down, not one or two. Better stay clear
For Macquarie warrants, they have Live Matrix that show what the Buying Price and Selling Price of the warrants for the underlying HSI future index
e.g C17 21237.000 0.350 0.355
why C15 does not move? the Exercice Price for C15 is 23,800 and it will expire this month. It is out of money and the chance that HSI future will reach 23,800 is very slim. That is why the price of C15 remains low
I am out from both HSI 17&19. Made few thousand bucks. So far futures still look okay. If u think Index can maintain for another week @ 21,000, u can stay. But if I'm in yr shoe, i will cut lost and go else where since today its hoovering between 21,300 -21,400..too risky. Just my 2 cents. Anyway all the best for tomorrow for those who are staying. I am moving to Air Asia.. Adiosss
Bilis Bilis Posted by Bilis Bilis > Apr 19, 2016 11:21 AM | Report Abuse X
Prestine is right, HSI has been rising from Feb12 18000+ to now 21350 and thanks to luck(ssss) i have been playing since then, plucking all the low hanging fruits by not chasing BUT BUY WHEN THE C17 & C19 does its 7 & 3 cents pullback intra or inter days....
This old post TPs have all been achieved last 3 days (21534) & this morning (21499) : 2. ".......we shud be now on a sustained strong upleg, after clearing the initial hurdles of 20350-20650 in zig zag fashion (from 29375-20420-20650) it shud be a straight clear path to 21350---21450-----21550----? (your count).. " 30/03/2016 15:50
I "believe" next 5 to 10 days the momentum shall carry the HSI thru 21550--21600--21700..... 21/04/2016 13:16
"...........In complaints dated Nov 12, 2014, Dec 22, 2014 and March 8, 2015, the traders alleged that the warrants often did not move in accordance with the underlying index and the theoretical pricing model. They listed dozens of instances, illustrating situations where call warrants fell instead of rising when the HSI rose, and where put warrants also fell when the HSI dropped. - See more at: http://business.asiaone.com/news/hang-seng-warrants-traders-complain#sthash.fHZNAk2Q.dpuf....";
"..............The complaints alleged that MCS's pricing was "erratic" and "unfair". Between Dec 22, 2014 and March 8, 2015, the complainants claimed to have recorded 66 instances of "erratic price behaviour", including alleged odd delays in MCS's automated price quoting system which proved detrimental to the complainants' trading positions. - See more at: http://business.asiaone.com/news/hang-seng-warrants-traders-complain#sthash.fHZNAk2Q.dpuf..........";
2. C17 : Expiry date April28 Last trading day on April25 !!!!
Nobody know how C17 would be closed on/prior to apr25....only the macquarie themselves...more imptly whether the SingaporeanMacquarie "erratic & unfair" saga has been passed on to n learned by their Malaysian Macquarie operation...until the KL operators come out n openly declare they never behave as the Spore' traders written complaints to SSE & MAS....buyers BEWARE!!!!
Why? the last i calculated, its only worth 0.16-0.20 at the then underlyig HSI...Worse. it might behave as the Spore complaint above during these ending days , ie "......call warrants fell instead of rising when the HSI rose, and where put warrants also fell when the HSI dropped...." to 0.00 buy 0.00 sell!!!! 21/04/2016 13:19
Can anyone help me to calculate. If I had bought 10,000 units at 0.20 each (illustration only), What would be the amount that I would receive from the issue? And how do I register the claim? Thanks in advance.
Cash Settlement Amount = Number of Structured Warrants X (Settlement Level – Exercise Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate = Number of Structured Warrants X (21,470.0000 – 21,000.0000) X (1/900.0000) X HKD1.00 X RM/HKD 0.5023 = Number of Structured Warrants X RM 0.2623
TQ Jim!! by the way, Settlement Level refers to the closing futures index on 28/4/16? if not, mind sharing how to calculate the Settlement Level? TQ in advance!
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Posted by isaac225 > 2016-03-30 09:19 | Report Abuse
ya cash back today..