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spawn101
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« on: May 07, 2007, 09:45:54 PM » |
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Genting warrant ...both cc 0.12 and cd 0.07 is at lowest for ~1 month ...parent is at 8.50 ... is it a good buy?
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Malaysia's Biggest Investment Forum
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« on: May 07, 2007, 09:45:54 PM » |
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earwax
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« Reply #1 on: May 07, 2007, 09:59:19 PM » |
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Eh... What stock is this for?  |
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Right beside every great brain there is... Earwax!  |
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spawn101
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« Reply #2 on: May 07, 2007, 10:10:55 PM » |
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Genting -3182
warrants
genting cc -3182cc
genting cd-3182cd
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DenLee
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« Reply #3 on: May 09, 2007, 12:50:29 AM » |
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Becareful when playing warrants. If you are beginner, do start analysing on mother share 1st. Anyway, it's around RM8+ after splits...
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Regards,
Denlee
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spawn101
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« Reply #4 on: May 09, 2007, 09:01:57 AM » |
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how do u tell if the warrant is worth it
genting cd info from osk
******************
price 0.07 ,ratio 0.02
exercuse 7.80
gearing 2.37
pre/discount %- 36.14
parent 8.30
expire 28-9-2007
******************
so what does this info tell me? i am really new to this...
the only thing i see right now is historical price and looks like the warrant is at is lowest since start ~ april..
what happen when the warrant expire and i did not sell?
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Nanzhan
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« Reply #5 on: May 09, 2007, 09:27:33 AM » |
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Have to ask sifus like MAxforce and Boofett coz most of us here are good in stocks only. Warrants not suitable for beginners like us...
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spawn101
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« Reply #6 on: May 09, 2007, 09:49:12 AM » |
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hehe... warrant is more voilatile n high risk ...but in terms of price and affordability ....u do not need so much money vs u buy the mother share.... however.. i guess warrant is open more speculation
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Salahdin
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« Reply #7 on: May 09, 2007, 10:14:11 AM » |
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Pure gambling pal. Learn the calculation behind first before you go in. Start with fundamental stocks, then the more volatile ones. Warrants could burnt you. You could suffer from 90% degree burn pal. Thread the market with wisdom and the $ shall flow to your coffer. Good luck....
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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)
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spawn101
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« Reply #8 on: May 09, 2007, 10:44:41 AM » |
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yeah.... agree ... that is why wanting to learn more about warrant
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spawn101
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« Reply #9 on: May 09, 2007, 11:39:15 AM » |
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chase warrant increase by 45.16%. any basis around it or jst purely speculation? the mother share increase by ~20%
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Maxforce
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« Reply #10 on: May 09, 2007, 06:31:20 PM » |
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Refer to Bursa-CD thread.
Calculate the premium you re paying.
Then tell me, if the premium is justified?
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Five points a day, keeps you out of harm's way.
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spawn101
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« Reply #11 on: May 09, 2007, 06:41:01 PM » |
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cd Warrant price - 0.07
Conversion ratio - 0.02
THerefore 20 warrants needed - 0.07 /0.02= 3.5
Exercise price: 7.8
Therefore Current Price if exercise 11.30
genting mother share closed at: 8.30
Therefore premium = 11.30 - 8.30 = 3
Premium per warrant = 3*.02 = RM0.06 per warrant.
this is based on the bursa calculation (i hope i get it right).... what does this premium on warrant mean?is it mean that the warrant is overvalued by 0.06 cents? what does the pre/dis% means?
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Maxforce
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« Reply #12 on: May 09, 2007, 09:57:03 PM » |
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SOmething not right, count again  |
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Five points a day, keeps you out of harm's way.
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spawn101
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« Reply #13 on: May 09, 2007, 10:12:45 PM » |
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cd Warrant price - 0.07
Conversion ratio - 0.02 or 50:1
THerefore 50 warrants needed - 0.07 *50= 3.5
Exercise price: 7.8
Therefore Current Price if exercise 11.30
genting mother share closed at: 8.30
Therefore premium = 11.30 - 8.30 = 3
Premium per warrant = 3/50 = RM0.06 per warrant.
the only thing i find wrong is suppose to be 50 warrant. but calculation wise ... is follow exactly how u calculated for bursa cd....where could i have gone wrong?
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Maxforce
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« Reply #14 on: May 09, 2007, 10:19:09 PM » |
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No wonder I got confused  Ok. So for each warrant you are paying effectively 6 cents premium. Is this justified? Theoritically, warrant premium is based on certain factors like expiry date (Time). Simplicity wise, can Genting reach or attempt to reach 11.30 by 28 Sep 2007? |
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Five points a day, keeps you out of harm's way.
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spawn101
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« Reply #15 on: May 09, 2007, 10:26:10 PM » |
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i see.... unless some really good news...i really dun see how.... or unless some1 speculate the warrants....  guess i still have long way to learn on stocks... at least i learn something about warrant today ppl like me will just get my ass burnt jumping into the market rite now  |
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spawn101
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« Reply #16 on: May 16, 2007, 02:42:58 PM » |
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Hi All,
based on the exercise price.... the warrant for Genting won't be profitable unless you hit for example for cd, 11.30... so why do ppl buy the warrant? purely speculative?
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Salahdin
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« Reply #17 on: May 17, 2007, 03:25:56 PM » |
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Wait for the major corrections before jumping into the bandwagon. Always, if you buy at the high, any minor correction will burn you and let yu hold the stocks until the paper got burn.
Observed Warren buffett advice of Buying Low and Selling high.
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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)
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Salahdin
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« Reply #18 on: May 17, 2007, 03:27:40 PM » |
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Hi All,
based on the exercise price.... the warrant for Genting won't be profitable unless you hit for example for cd, 11.30... so why do ppl buy the warrant? purely speculative?
Some people can take a lot of risk although it's purely overvalued. However, that was them, not You...So, do you want to jump into it to be like them? Very easy to get burn i warrant. I advise otherwise. I wouldn't touch such warrant... |
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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)
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spawn101
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« Reply #19 on: May 18, 2007, 10:07:02 AM » |
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i am just puzzled because no matter how low.... (right now it is almost at lowest for the 2 warrant) , based on calculation, you still wouldn't make any money... so, every one who is buying is purely speculating?
i must admit, most ppl i know are playing speculative based on insider news.....
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Nanzhan
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« Reply #20 on: May 18, 2007, 10:21:51 AM » |
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i am just puzzled because no matter how low.... (right now it is almost at lowest for the 2 warrant) , based on calculation, you still wouldn't make any money... so, every one who is buying is purely speculating?
i must admit, most ppl i know are playing speculative based on insider news.....
That is the risks in playing with this big fire. Normally, I would only follow insider news for mother share. Hard to figure out whether the warrant news is true coz it was so volatile. Max, any idea? |
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Maxforce
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« Reply #21 on: May 18, 2007, 10:35:02 AM » |
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In a bullish market, this is what I do with Call Warrants.
Apply them - if get, then sell within first 15 mins of listing.
Easy money - if get lah that is.
Then after that as I mentioned, near expiry can relook.
Relook - does not mean enter. Relook - enter if opportunity arises
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Five points a day, keeps you out of harm's way.
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Nanzhan
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« Reply #22 on: May 18, 2007, 10:53:18 AM » |
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I see, that's the way warrant is played....quite volatile.
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Maxforce
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« Reply #23 on: May 18, 2007, 10:55:27 AM » |
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Nanzhan, That is how I play, others I dont know. |
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Five points a day, keeps you out of harm's way.
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Basher
Regular Member
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Posts: 43
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« Reply #24 on: May 18, 2007, 03:17:52 PM » |
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Can try buy some coz Genting quarterly announcement out soon... expected to be good. So can buy some for some quick gains but definetely not to hold for long term....
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« Reply #24 on: May 18, 2007, 03:17:52 PM » |
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jeybon
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« Reply #25 on: May 18, 2007, 04:47:25 PM » |
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Good info Basher but I would rather keep the mother share.  |
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Regards,
Jeybon
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Basher
Regular Member
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Posts: 43
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« Reply #26 on: May 20, 2007, 02:54:08 PM » |
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yeah like i said its for short term ...ure preference on the mother share is for long term....However if u foresee Genting's quarter performance going to be good getting the call warrants for short term will net u more profits. I would target a 1 cent profit to sell all..went in at 5.5 cents.
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ahbah
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« Reply #27 on: May 20, 2007, 06:43:48 PM » |
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Re : Genting CD - This Genting CD is now priced at a premium of 29% and as such is definitetly out, far and away for me. It is simply very expensive to me even though it is only 6 sen.
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