Author Topic: Bursa-CD (RM0.150)  (Read 2477 times)

Offline Nanzhan

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Bursa-CD (RM0.150)
« on: May 04, 2007, 06:14:11 PM »
I have been monitoring this warrant for long.  Seemed that today's price is at the cheapest.  Do you think it as potential as the mother share?  Thanks.

Offline Maxforce

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Re: Bursa-CD (RM0.150)
« Reply #1 on: May 04, 2007, 09:35:25 PM »
What is the exercise price?
Five points a day, keeps you out of harm's way.

Offline Nanzhan

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Re: Bursa-CD (RM0.150)
« Reply #2 on: May 05, 2007, 03:32:37 PM »
It is 11.30 with expiry on 15 Oct 2007.  Btw, how do you see the value of warrant?  Thanx.

Offline Maxforce

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Re: Bursa-CD (RM0.150)
« Reply #3 on: May 05, 2007, 05:45:12 PM »
Warrant price -  0.15
Conversion ratio  - 20:1
THerefore 20 warrants needed - 0.15 x 20 = 3.00

Exercise price: 11.30
Therefore Current Price if exercise 14.30

Bursa mother share closed at: 12.10
Therefore premium = 14.30 - 12.10 = 2.20
Premium per warrant = 2.20/20 = RM0.11 per warrant.

Question: Is the premium of RM0.11 per warrant, justified?
Five points a day, keeps you out of harm's way.

Offline Nanzhan

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Re: Bursa-CD (RM0.150)
« Reply #4 on: May 06, 2007, 01:43:32 AM »
Thank you Max.  Btw, is the premium price carrying the same meaning as par value?  I need to buy at or below RM0.11 right?

Offline Maxforce

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Re: Bursa-CD (RM0.150)
« Reply #5 on: May 06, 2007, 11:26:47 AM »
Current price = 0.15
Premium carried = 0.11
No premium = 0.04

However, many willing to pay premium - due to time, volatility etc.
Question is - how much premium is fair?
Five points a day, keeps you out of harm's way.

Offline DenLee

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Re: Bursa-CD (RM0.150)
« Reply #6 on: May 07, 2007, 02:12:04 PM »
This counter closed unchanged but remain very volatile.  It was once hovering around 0.14 this morning...
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Denlee

Offline Salahdin

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Re: Bursa-CD (RM0.150)
« Reply #7 on: May 07, 2007, 03:11:36 PM »
Looks like a strong selling at RM0.155.  Many transactions were happening at RM0.15
The worst way of learning is to keep all the knowledge to yourself.  So, share it to others as they would to you.

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Salahdin (The Great Caliph of Baghdad)

Offline Nanzhan

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Re: Bursa-CD (RM0.140)
« Reply #8 on: May 08, 2007, 06:11:36 PM »
It shed another 0.015 points to be at this low.  Looks like negative sentiments would keep this warrant low... :(

Offline DenLee

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Re: Bursa-CD (RM0.130)
« Reply #9 on: May 09, 2007, 03:24:18 PM »
Low trading volume in Bursa due to negative sentiments would not lend to high price on its warrants.  Today's volume are full of SELLERS.
Regards,
Denlee

Offline DenLee

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Re: Bursa-CD (RM0.120)
« Reply #10 on: May 11, 2007, 02:22:43 PM »
It is a sell down again.  Maybe, it's time to cut loss for those who did keep. 
Regards,
Denlee

Offline Nanzhan

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Re: Bursa-CD (RM0.120)
« Reply #11 on: May 11, 2007, 02:28:40 PM »
It's like stopping the falling dagger when I first enterred at RM0.15.  Regretted it so much.  Sakit hati....wrong timing... :'(

Offline Maxforce

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Re: Bursa-CD (RM0.150)
« Reply #12 on: May 11, 2007, 03:03:55 PM »
My friend,
Very high premium, of course very risky la.
Once price stabilise and near expiry and base on mother share movement, may consider short term punt
Five points a day, keeps you out of harm's way.

Offline Salahdin

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Re: Bursa-CD (RM0.115)
« Reply #13 on: May 15, 2007, 12:20:49 PM »
Hope that everyone holding this warrant had released them all d.  Very volatile..
The worst way of learning is to keep all the knowledge to yourself.  So, share it to others as they would to you.

Regards;
Salahdin (The Great Caliph of Baghdad)