Posted by paperplane2016 > 2017-03-12 00:57 | Report Abuse

Jay, this warrant relatively short.iguess safer to buy mother? But this provided Good leverage

Posted by LA777 > 2017-03-12 19:02 | Report Abuse

Will add more!

Posted by Jay > 2017-03-13 15:09 | Report Abuse

yes it's very short, it's a high risk high return trade so should not buy too much. July expiry is after May results release, so if 1Q17 results is as expected, there could be a rebound. who knows, maybe even one day gain could erase all these days' losses.

Posted by Jay > 2017-03-13 15:12 | Report Abuse

even after his past week the price was affected by oil and gas sentiment, I'm not worried about petron's fundamentals. for CB the only concern is petron's price may not reflect its fundamentals before the expiry. so if more conservative then should go for mother

Posted by Jay > 2017-03-14 09:54 | Report Abuse

and just to highlight for those who are unaware, these are call warrants issued by investment banks, unlike those issued by the company. so the IBs are legally allowed to do "market-making" or market manipulation as I sometimes see it, so just be aware of what you are investing in.

of course if uptrend resumes then no market manipulation can stop it

Posted by paperplane2016 > 2017-03-15 08:45 | Report Abuse

the risk is ok to take now I guess......I bought some.

Posted by paperplane2016 > 2017-03-15 08:48 | Report Abuse

0.275*6=1.65
+4.50 ex=6.15

Posted by Jay > 2017-03-17 10:06 | Report Abuse

CB considered cheap sale now compared to CC. RHB better know what they are doing

Posted by paperplane2016 > 2017-03-17 18:01 | Report Abuse

RHB? haha

Posted by guomiao > 2017-03-19 16:29 | Report Abuse

Hi Jay, if will the CB exercise price be adjusted for normal dividend payout?

Posted by Jay > 2017-03-20 11:24 | Report Abuse

no it won't. usually they announced their dividend entitlement in April, ex-date in June. I'm counting on results released in May. if it's good as expected, then I don't think that 22c will matter anymore.

even if factor in coming dividend, the premium is still considered low for CW

Posted by paperplane2016 > 2017-03-20 12:53 | Report Abuse

yes. now is low.
If TP is RM9, this warrant should sell at 0.70-0.80

Posted by paperplane2016 > 2017-03-28 16:39 | Report Abuse

this CB real crazy. Wont be surprise if RM0.70 tomolo

Posted by paperplane2016 > 2017-03-28 20:36 | Report Abuse

Imagine you yourself own petrol station+refinery. it is golden eggs.

0.20x4=0.80 P/E min 10 for me loh for golden egg.
It should be RM8 now

CB=8-4.5/6=0.58333333 loh
even not 0.58, minimum to see 0.50 loh! reasonable right??????????

Posted by paperplane2016 > 2017-03-28 20:41 | Report Abuse

Testing

Posted by paperplane2016 > 2017-03-28 20:41 | Report Abuse

1.7bil now. Own all petrol stations, plus refinery. Good deal not

Posted by paperplane2016 > 2017-03-28 20:45 | Report Abuse

If I a billionaire, I will buy this cash cow. Give me 300 mil ever yr. I pay 1.7bil

Posted by abangadik > 2017-03-28 20:46 | Report Abuse

Hahahha.. planegor propose to uncle la.. kekeke

Posted by paperplane2016 > 2017-03-28 20:52 | Report Abuse

Around 5 years plus I get back my billions, then all petrol stations for free....hehehe

Posted by Million78 > 2017-03-29 14:43 | Report Abuse

Imagine you yourself own petrol station+refinery. it is golden eggs.

0.20x4=0.80 P/E min 10 for me loh for golden egg.
It should be RM8 now

CB=8-4.5/6=0.58333333 loh
even not 0.58, minimum to see 0.50 loh! reasonable right??????????


how to caculate, where u get the 0.20& 4 ?

Posted by paperplane2016 > 2017-03-31 11:34 | Report Abuse

Great

Posted by paperplane2016 > 2017-04-05 12:30 | Report Abuse

0.41 to be breaked later

Posted by Million78 > 2017-04-05 14:42 | Report Abuse

will break in tis week, good

Posted by paperplane2016 > 2017-04-05 20:24 | Report Abuse

Oil up , 0.50 anytime now

Posted by khphua25 > 2017-04-10 13:15 | Report Abuse

When to fly to sky...

Posted by yesyesyes > 2017-04-10 14:12 | Report Abuse

no ppl play this already .. i saw one guy buying 300k cc this morning ..
cc is going to rock soon i guess..

Posted by Million78 > 2017-04-12 09:40 | Report Abuse

better buy now <cbcbcb> gonna to fly oil price keep going up

Posted by paperplane2016 > 2017-04-12 15:09 | Report Abuse

wow! I love CB

Posted by paperplane2016 > 2017-04-12 15:13 | Report Abuse

money earned from CB enough to drill 10 moer CB! I LOVE CB!!!!!!!!!

Posted by Million78 > 2017-04-12 15:29 | Report Abuse

good^^ continue gogogo

Posted by Alex Lim Jun Xiong > 2017-04-14 15:37 | Report Abuse

Walao, buy queue 32.5 cents cannot get.
Faster throw down please~

Posted by paperplane2016 > 2017-04-22 22:27 | Report Abuse

Soon, this cb is 0.50. drill and buy cb before too late

Posted by John Lu > 2017-04-22 22:34 | Report Abuse

I like cb also

Posted by suregain > 2017-04-22 22:59 | Report Abuse

Dun try to mislead ppl for u to sell

Posted by paperplane2016 > 2017-04-29 22:30 | Report Abuse

Fast and furious. Once May result, in my 3xpectation turn favorable, 0.50 Cb is Minimum, 0.60 very likely. 0.80 might be more like it

Posted by paperplane2016 > 2017-05-02 09:25 | Report Abuse

Told ya. This cb taste good

Posted by paperplane2016 > 2017-05-02 11:00 | Report Abuse

Drill and drill, ejaculated

Posted by paperplane2016 > 2017-05-08 15:35 | Report Abuse

wahahahahaaaaaaaaaaaa

Posted by paperplane2016 > 2017-05-08 17:16 | Report Abuse

CB real tasty

Posted by yoloisreal > 2017-05-08 19:03 | Report Abuse

congrats paperplane

Posted by paperplane2016 > 2017-05-08 19:10 | Report Abuse

CB yummy! told ya1

Posted by value_trading > 2017-05-09 12:22 | Report Abuse

Yesterday CC went up so much but eventually CB catch up at the end of market. Add oil CB, i top up already, don't disappoint me. Don't lose to your brother CC

Posted by dnn78 > 2017-05-09 13:09 | Report Abuse

Paperplane what is ur TP for mother cb?

Posted by paperplane2016 > 2017-05-09 20:20 | Report Abuse

Oops.I sold. Petronm easily rm10. Hidup Tun.

Posted by paperplane2016 > 2017-05-09 20:20 | Report Abuse

Switch to mother. Now waiting that cc. Sissy come down please.

Posted by paperplane2016 > 2017-05-11 09:53 | Report Abuse

So? anyone still wanna question my CB?

Posted by dnn78 > 2017-05-11 12:56 | Report Abuse

Hahaha good for u plane

Posted by char1234 > 2017-05-11 19:43 | Report Abuse

This month qtr result, how much profit ?

Posted by paperplane2016 > 2017-05-12 11:48 | Report Abuse

Over 100mil

Posted by Alex Lim Jun Xiong > 2017-05-23 16:35 | Report Abuse

Waiting the release of quarterly result in order to break 70 cents resistance.