SUNWAY BERHAD - WARRANTS 2017/2024
KLSE: SUNWAY-WB (5211WB)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
2.08
Today's Change
+0.03 (1.46%)
Day's Change
2.01 - 2.10
Trading Volume
991,600
Overview
Type
Company Warrant
Sector
INDUSTRIAL PRODUCTS & SERVICES
Listing Date
06-Oct-2017
Maturity Date
03-Oct-2024
Issue Size
80,224,678
Exercise Price
MYR 1.35
Ratio
1:1
Timeline
Today: 27-Apr-2024
Listing Date: 06-Oct-2017
Maturity Date: 03-Oct-2024
Prices
Warrant Price
2.08
Exercise Price
1.35
Underlying Stock Price
3.47
Conversion Ratio
1:1
Indicators
Value
Intrinsic Value: 2.12 (101%)
Time Value: 0.04 (-1%)
Premium
Premium: 0.00 (0.00%)
Gearing
1.668
Additional Info
Issuer
SUNWAY BERHAD
Description
Free warrants issued pursuant to the bonus issue of up to 631,006,003 warrants in Sunway Berhad ("Warrants") on the basis of three (3) Warrants for every ten (10) existing ordinary shares held by the shareholders of Sunway as at 5.00 p.m. on 29 September 2017 ("Entitlement Date")
Discussions
Be the first to like this. Showing 50 of 80 comments
if not mistaken, the exercise price will be adjusted accordingly. correct me if I'm wrong.
2018-09-22 20:43
Yes, the exercise price or ratio will adjust accordingly, means warrant holder's right protected.
2018-09-24 09:34
yesterday closing price 0.285, exercise price in 2024 1.44, means total 1.725. only merely 2.6% premium. If Sunway touch Rm2 or beyond in 2024. Then the return will be at least double.
2019-03-19 11:46
agree, this is a low risk super hi return wb. once sunway medical listed, strong catalyst come
2019-03-19 12:16
Without people realised. Sunway Berhad price has been raising directly plus indirectly on average 19% pa since March 2013. Plus 3-4% dividend base on period price. Net average growth is 20%+. WB price also came back from 0.20 end last year and last week 0.27, and now 0.345. But the price still appears to be cheap for a Good management and healthy organisation. Let assume on average a conservation price growth of 5% a year. Current Sunway price is 1.70. With 5% average growth, 5 years later the price will be 2.12. In 2024, WB conversion price will be 1.44. That means WB is worth 2.12-1.44 or 0.68. I think is still a good bet even though not dividend receive.
2019-04-01 15:17
step down is considered dividend for wb holder. since 1st jan 2019, wb gain up to today oredy 90%, unfortunately, good co with steady grow less ppl like
2019-04-08 11:01
Letsrock, less people like is better isn't it? Grab the opportunity to maximise your return. I has been buying this since listed in 2017. At one time paper lost 60%, now start paper gain 8.5%. I'm confidence will minimum double up.
2019-04-08 12:01
PD, yes, i have been buying since 2013, got free suncon, free wa, free share. pretty confident soon will get free sunmed as well.
2019-04-08 15:10
Wah 2013, I only started in Oct 2014 after I knew more about this company. I think likely is called Suncity rather than SunMed. Anyway, cheers for long Sunway and WB.
2019-04-08 15:49
collect all sunway,sunway-wb,suncon,sunreit for long term..fans for SUNWAY..
2019-04-09 00:47
Feel good as fan of Sunways.. Average 20%+ profit growth for past few years.
2019-04-09 10:50
Martin, You 'too looking up at me la'. I'm just pure loyal Sunway investors who have very high confidence with the company. Base on my limited understanding how Sunway operates. Correct me if i'm wrong, there is no losing active subsidiaries, sustainable management and good assets and businesses.
2019-04-15 10:20
3 months target can only forecast by manipulators. My target is simple, base on past 6 years historical price growth which is around 19% pa. Base on current economy head wind. If you take a 5% growth pa is still consider very conservative siding all Sunway subsi still profitable. So, I can only said in 5 years time (2024) Sunway will have at least 2.12. Then, WB will be at least 0.68. Unless Sunway announces Medical centre listing plan in 3 months time. Then Sunway price may jump around 0.20 since Medical sector have very high valuation (average hospital PE is 40-60 compare to Sunway PE 12). Then, WB will be around 0.60-0.65
2019-04-15 10:30
What happens If Sunway can sustain the growth like past 6 years? Then Sunway mother will be 3.31 in 2024, WB will be 1.87. I believe in 2024 % that WB >0.6 is 80%, >RM1 10%, <0.6 to lose is 10%. Base on Casino Theory, high return low risk is golden opportunity for me.
2019-04-15 10:45
Martin, strong resistant at 1.71 and WB holds firms at 0.42. If able to breaks and settle at 1.74. Then, WB will follow moving up.
2019-04-15 14:34
I have the same though. 0.32+1.44=1.76. I think premium for 5 + years is too low. So, whether WB will be up next 3 months or 5 years. Return still consider high for me to collect more.
2019-04-16 15:25
Base on the news on Star 15th June 2017. Sunway Medical should now in the pipeline to list. Sunway Medical historical profit. 2016 : 37.5M, 2017: 50m, 2018: 60m. Base on lowest PE for hospital sector, 2016 Sunway Healthcare is worth 1.5Bn. 2017 worth 2bn, 2018 worth 2.4Bn. If base on 2019 and forward profit growth of 20%. 2019 could worth 2.88Bn and 2020 3.4Bn. Currently Sunway Healthcare sector NTA only around 446m. That mean, by listing and dispose some share or give it to Sunway shareholders as special or dividend in species. Then, each share will get minimum 0.20 or higher. Cheers and good luck for those for Long Sunway
2019-04-16 15:44
With this rebound of WB from 0.35 in last week, believe WB can break the previous record high of 0.45 this time.
2019-04-22 21:50
Is anyone aware of the exercise price revised 2 cents lower? shouldn't it be 1.58 this year? Since it's decreasing 7 cent per year until 2024. Am I missing something?
2021-01-14 21:09
Exercise price revised downwards from RM1.65 to RM1.56 due to issuance of SUNWAY-PA shares last month. Long-term warrant holders would also have noticed additional WB shares issued (628 additional shares for every 10000 shares held).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3099661
2021-01-18 15:11
The exercise price of the Warrants will be adjusted downwards from RM1.49 to RM1.42 per Warrant effective from 4 October 2022 pursuant to a fixed annual step-down of RM0.07 per year on each of the anniversary dates from the first issuance of the Warrants in accordance with the Deed Poll for Warrants dated 19 September 2017 ("Deed Poll"). The revised exercise price of RM1.42 per Warrant will be effective for a period of one year from 4 October 2022.The exercise price, at any time during the tenure of the Warrants, is further subject to adjustments in accordance with the provisions of the Deed Poll in the event of any alteration to the share capital of the Company. The Company had on 9 November 2020, adjusted the exercise price of the Warrants to RM1.56 pursuant to the renounceable rights issue of new ICPS.
2022-10-03 19:28
will there be another round of exercise price adjustment this coming oct?
2023-06-22 15:40
been buying from 0.30.... come one sunway! Sekali the hospital listed before expire date. dayum...... sedap sial. hopefully the conversion price will be reduce one more round
2023-08-14 17:20
Tan Sri buy a huge portion from company to under his own name. Interesting.....
2023-10-29 20:54
anyone care to explain the detail procedure/steps on how to do the SUNWAY-WB conversion? Newbie to WB conversion.
2024-01-02 18:58
Go to https://www.sunway.com.my/investor-relations/warrants/
Download the PDF and follow the instructions. There are some administrative fees (RM20) involved as well as the conversion price of RM1.35 per share.
I've been searching for an online version since they are using Tricor (tiih.online) as the registrar, but it seems the warrant conversion process is still stuck in the stone ages.
2024-01-02 23:06
Yes agreed. At digital age, warrant conversion should not be still limited to form and bank draft submission. Tricor should implement online conversion
2024-01-11 21:44
Need some advice. i only got 644 units, worth to convert? Do i buy RM1.35 x 644 = RM869.40? Adding the RM20 admin fee (bank draft also?)
2 months ago
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
Apps
Top Articles
2
RHB Investment Research Reports
3
save malaysia!
5
6
7
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Greenpower
hi, bluemoon,how to count by 2024 is 1.44, now mother or wb is worth is buy, ?
2018-04-10 17:53