I heard someone say.. sell sell sell, but still here. LoL Has been up much few days back due to higher expectation on earnings, same like steel. Expect will continue up whole this week until rm6 then correction.
The issuer has sold all of the inventory for this warrant or is approaching this point. Please take caution, the market maker is no longer able to provide an active offer in these warrants and the current market bid price may be inflated by speculators. FGV-C26 (522226) LCTITAN-CE (5284CE) MRCB-C14 (165114) __________________________________________________ Newbie, take note. This is why CE price stagnant
Sold out means Mckuali would not be market making it. Means buy sell among retailers only. Can be up a lot or down a lot or stagnant depending on who is the shark inside. Normally Mckuali will move the price in accordance with mother share. Sold out they dont do it anymore.
For CE case : if mother go to 7.5 and Mckuali does not own any ....they will lose min MYR 2.7 mil (if all solf at 0.53) , MYR 6.7 mil (assume they avg selling price is 0.34) or more. Note that BIG SHARK started collecting at 0.14-0.25 , IB might lose till mother also cannot recognise :)
it depends avg selling price ; if big shark avg price is 0.20 and mother stays at 7.10 during expiry date. then (7.1 - 5.5)/3 = 0.53, big shark earns >150%.
Mother > 7.1, McKuali confirmed losing money , how much we dunno Mother 6~ 6.5 , high chance McKuali loses money too as they sold all early august <0.15 ( let say 20% sold at 0.53 , 80% sold at 0.15 , avg ~ 23 cents ) , and fair value is 0.34
Big shark can treat it as 5 months fix deposit with >100% interest if they bought at <0.20 , no need to do anything or goreng up. If another group try to goreng, they are more than happy to unlock profit immediately.
like today , CF before closing , suddenly got big boy to eat up all the sell queue at 7c , it would cost around 400k, wondering who will be the one who eating
Among the warrant, CE and CF is better. CE is the only 1 in money (5.50) and conversion rate 3 : 1. CF and CE is lower premium compare to the rest. CG have longer date to maturity. CD is too high it's value. Compare to CD, rather pick CE, CF, CG.
I've invested more than 150k EACH on 5 warrants and current return is :D :D :D one of them is almost 3x I even sold good FA stocks to top up all these warrants last week. Btw, this is GAMBLE and not INVEST, do not chase high, take profit and run after hit ur tp , dun be too greedy. I got 1 very bad experience: from profit margin 170% to -25% in 2 days time :(
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eagle100
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Posted by eagle100 > 2017-09-11 13:24 | Report Abuse
Winmore, CF is 7:1 ratio, so naturally itsslower than CD