Finding shifu's help, if Heng Yuan mother surge more then RM11.6 as of 22 Feb 2018 and let's say CA hit RM1, how much will the bank pay the investors of the CA or we could convert them to mothershare of hengyuan?
CA retreating slowly..it didn't follow Mother shares' pace..When Mother was up...CA was quietly retreating.. someone asked if there's another wave, there is...but timing to enter is key..
Ylsc, Since CA doesn't move with Mother share.. it's impossible to predict...that's why better play safe and buy closer to its debut listed price..ie. 0.31...I made 1st round of profit..i entered at 0.39 and sold at 0.67...to me, CA is high risk so we should minimise the risk if we decide to speculate...I will not enter again until it drops to below 0.40. The highest price it has reached so far was 0.745.
Will keep retreating till it becomes attractive for the 2nd round of rollercoaster ride..buy below 0.40 or even below 0.30.. who knows .. it may go that low.
tiu lo....sifus ask me to sailang at RM 0.745 on 3/8/2017, on 02/08/2017 said can reach RM 1.00....now at RM 0.435, how arr? almost 40% evaporated .....soob soob.....dumb dumb hold???
...ah longs calling me non-stop, banks texting me & calling me every 15 min interval.....how arrr sifus???....
Is the pre-tsunami of global market clashing, it will continue. Run before getting worst. Just my opinion, I have cut loss and cash in for all portfolio, hold cash to protect capital. Trade at your own risk
Posted by Depeche > Aug 8, 2017 08:25 PM | Report Abuse
Please note call warrants are not convertible to Mother shares...expiry Feb 2018..so very high risk.
Hi Depeche, "since CA are not convertible to Mother shares", then please explain the purpose of : Conversion Ratio 8:1 & Exercise Price RM6 ? Thank you for your help.
Assuming today is maturity date..8 is used to calculate price for conversion from CA to Mother share..for eg..at current price of 0.44..it will be 0.44 x 8 +6..the resulting figure must be lower than the Mother's price to make sense to convert to Mother share....settlement will be in cash..please correct me if I'm wrong. Thanks.
Example again based on 0.44...it should be 0.44 x 8 + 6RM x Amount of shares bought. Eg. 0.44 x 8 + 6 x 1000 shares (one lot)=RM9520 please correct me if I am wrong.thanks.
many many blessing to you Depeche for your kind heart....
I'm still replying, so no worry. KLCC not high enough , I'll wait for 118 tower completion.
Juon likes to kaki kong, kaki song. Kaki simulate scenarios, kaki mental torture to feel the actual scenario if thing really turn out so bad to remind myself what cannot be done.
Good to hear that you're taking things in your stride..the 2nd rollercoaster ride has started...time your exit well to minimise damage...best incur zero losses...good luck.
Posted by katappa > Aug 14, 2017 05:41 PM | Report Abuse X
aiyo dragonfruit ....there are 3 categories of the cw traders probably.
category 1: beri beri experience fox in CW tradings. trying to take advantage on the category 3.
category 2: know abit, dont know abit kakis. Know at least the theoretical fundamental of CW. Know ratio, exercise price, expiry, premium , discount, reaction of mother & CW....this group normally sitting at fence level watching the Bollywood movie shooting by Category 1 & 3 at the moment. The high premium is preventing them to come in.
category 3: hami lan also don't know, ppl buy , they go buy, see volume sailang in....buy on new & rumor.
banker now from the producer become spectator to watch the Bollywood show
Those live long enough in market will know that there is always chances for new issuers to issue new CWs. There is always chances for current issuer to enlarge the CWs issue ( new trance for selling ) if the existing volume fully absorb by lanun.
Only the not so smart trying to outdo the issuers.
CA cannot cannot be langsi anymore. CA got CB,CC, CD & CE for competition.
The failure to make the calculated prediction on the possibility of new CWs issuance have cost the blind losses. Mother moving but CA not moving instead dropping. CA's premium level have been trimmed off significantly. Foreseeable will further adjust. This pond no more fish inside soon. Might end up battle with IB one on one.
Even the newly issued of CD have better parameters in term of premium, gearing & expiry. No doubt the CE will have the highest gearing among the 5 and attracted the crowd.
if you really really have to play with the instrument with expiry , let the battle ground set properly before going in
"FutureEyes One can wait for PETRONM results before entering HRC 14/08/2017 15:41
This guy strategy is very rational & sound. .....................................................
Aug 14, 2017 05:23 PM | Report Abuse
CW is the offensive play, you don't play offensive play like you play value investment which can hold long long and ignore the mother price fluctuation.
you cannot to hold long long because it has expiry & it is price sensitive to the earning result
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Aug 14, 2017 06:01 PM | Report Abuse
friend, let the battlefield set after PetronM quarterly result.....
look for save trade not risky trade
if PetronM could report earning better then the expected forecast, that would be the catalyst you are waiting for the HengYuen CWs...
without clear catalyst, knowing the CW is sensitive to earning because it is offensive play, it is wiser to be an observer for the time being...
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Aug 18, 2017 02:17 PM | Report Abuse
Gambling or not gambling, it is subjective to the players. It is subjective to how experience are the players. It is subjective to how well verse are the players.
Not all fights are make equal, not all wars are make equal, not all battle grounds are make equal.
"He will win who knows when to fight and when not to fight" - Sun Tzu
It all lies back to the catalysts on the mother share. Petron coming quarter a good indicator.
.............................................
Trade/speculate with discipline save our-self from unnecessary trap of gap-down. Observes & learns the necessary.
The meat is on 3rd Quarter as per most analysis. The premium of the CWs ( A- F) have been rising fast, IBs refusing to settle for lower. Let the dust set, look for safe entry.
Also to the opinion that all the CWs will be FULLY sold to the market is quite misleading. If you want to know how many issues are in circulation in the public, read the monthly report made by IB for
"ANNOUNCEMENT PURSUANT TO PARAGRAPH 5.35(4) AND 5.35(5) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD"
there is an ugly truth on the CW that player need to find out yourself, no one going to tell you.
there is an highly professional fifo warrant trader in i3, follow blindly with obsolete loyalty / without knowing the basis behind, you will end up in the fire
the most basis principle & upmost priority - only enter when the catalyst is strong
secondary on the ratios , premium, sensitivity, etc
similar approach applies to other warrants
adios, it is time to kill Katappa character. Good luck to all.
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Posted by Matt Chan > 2017-08-07 17:49 | Report Abuse
Finding shifu's help, if Heng Yuan mother surge more then RM11.6 as of 22 Feb 2018 and let's say CA hit RM1, how much will the bank pay the investors of the CA or we could convert them to mothershare of hengyuan?