I think next time I need to key in my order before posting...

Just want to know, how come Pelikan price sliding down from RM5 to the current price? Any share split or treasury share in between?

and this is really weird..another two call warrants on bursa are trading at much higher premium  

10 * 0.205 + 7.2 = 9.25
those who get in now must be very optimistic

If Bursa can hit $10 next year (Before warrants expire), and assume 0% premium, below is the expected gain
CL - 47%, CN - 37% CO- 12%

If $11
CL - 76%, CN - 85% CO- 61%

If $12
CL - 106%, CN - 134% CO- 110%

So, depends on how you bet.    If Bursa drop below $8, then all also hangus.

When invest, we need to consider all the risk, right?
Anyway, Bursa's PE ratio is very scarry...
High risk, high gain.  
Based on my calculated risk, it is worth buying

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Added on August 7, 2009, 4:24 pmAgain, if you don't know what is warrant, pls ignore my posting.

PE 20 is consider as very high in my standard...
Anyway, ppl that buy Bursa where got see PE ratio one! Buy Buy Buy!!!!
That's why I said worth the risk buying warrant, but mothershare...
BTW, I got more faith in PBB warrants in long term.    

SGX now trading at S$8.39, If you use the same methodology, SGX also very worth buying.
Anyway, I got my SGX at S$4.79 So 

pbb-cj is more attractive than another two IMO..

Bursa (based on current PE) is 41.58!!! As I said, ppl that buy Bursa don't look at PE ratio one.
SGX is much lower and healthier. . I'll keep my SGX for long term. Will wait long long until the price move back to S$15++

My STI counters drop more than what they gain yesterday.

That will depends how much you trust Kenanga's analysis

Today STI Siong... DBS drop 50 cents...

S'pore national day, right? Long time didn't go to S'pore liao. Almost forgot everything in S'pore (except stocks ).

Today DBS result out, provision charge up like hell, some more not provide % as much as before...
UOB also bad, almost same like DBS...
Only OCBC slightly better, with set off from their over allocation for CDO previously...
STI down fast up also fast

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Added on August 7, 2009, 5:19 pm
SGX Building already sold loh, but the name remains the same
Btw, SGX result not that bad
Cheers... weekend coming...
Long weekend for Singapore...

You need to consider potential dividend given which will deduct out the share price.

Generous dividend is warrant's poison because warrant exercise price won't be adjusted due to generous dividend, nor warrant will get any dividend.

Any warrant underlying target stock which give dividend should trade at lower premium due to above mentioned reason,
Yup, this one I agree.

When market hit low time, or depressed at low price, no investment house issued or little CW being issued, after market run up and hot again, issue like mad. Eventually most retailers always buy high or having high exercise price on the CW.

Investment houses are not stupid, they won't issue CW when KNM was 0.3x, but they are willing to issue when KNM now is 0.85. Somemore alll issued at 30+% premium means stock price currently need to surge more than 30% in order to breakeven your purchased CW cost in a year time.

For short term quick goreng, different story.

They got 15 million unemployed and Wall Street is celebrating.
The hang over will come in later.  

Feel free to post.. I'm too upset at the market now. 
I'm going to pray for big black swan next week. 

Have a good week end y'all.

ya, we will start mentioning bubble by that time 

for now: i think it's better 1/2 leg in  & 1/2 leg out so up u oso happy and down u oso happy  , unless u plan for >3 years investment, buy now u will laughing all the way to bank after 3 years