Hm come to think of it, I agree with what you said
the report about the potential 1b sales is about the future

You said you are not discussing warrants here anymore, liar! LOL Jk

LOL I'm just kidding la, apa la.
Good idea juga talk about warrant, especially if one is interested in the mothershare but not enough bullet

Thanks a lot
Maybank (IIRC) give Bursa a TP of RM9.30

A question guys, am curious about something.
I wonder how could warrants for the same counter behave so differently?

I take for example Bursa-CL & Bursa-CN.
Whilst Bursa-CL is rising, Bursa-CN is dipping.

I mean, how could that happened?

Shouldn't the warrants behave like its mothershare, meaning that if the mothershare price rises, the warrants would follow suit ?

^ Or you could have post what you think about the counter here, no ?
Would not be that easy to browse & search your huge blog to find that one piece of news about the counter, wouldn't it ? LOL

This post has been edited by nujikabane: Aug 13 2009, 10:44 PM

:weep: :weep: Guess nobody is answering my question. Might have to resort asking my question on Yahoo! Answer, then, lol

Yup, he's the master of warrants, but even he is not answering me.




LOL I am just using Bursa warrants as example, because that is one that I can think of.


Regarding my question,
I think the only two reasons of such behavior I could think of are :

[1] Human psychology ( <--- thanks God for spellcheck, if not I would have misspelled it, lol)

[2] Date of expiry. If the date of expiry is still far away, the volume is low, and less likely to follow mothershare price.
But the second reason doesn't justify why one warrant rises, yet the other warrant of the same mothershare could dip.

I could be wrong, though

This post has been edited by nujikabane: Aug 13 2009, 10:47 PM

Hm seems logical, very logical indeed. Now I will check out warrants for other counters and see if it holds true

Usually how does the market behave when a company declares rights issue?
Will the price drop or will it rise ?

A case in point, GPacket has recently declare rights issue, but seeing from the response, I've seen the price continues to rise, it is as if the investors do want to take up the rights issue and have confident in the market. Can anyone elaborate?

In the case of Gpacket, the rights issue will be available to those who have the shares on the 2nd September. How will the price be adjusted?
Is it the same as in the case of ex-daete for dividends ?

In the last post you did write about rights issue, you said that it depends on the intention of the company to declare rights issue.
Gpacket needs more capital for expansion purposes, not unlike Mulpha who said it is being used to repay debt.

Can we assume that the investor view it in a positive way, thus the share price rises because they have faith
in the management and in the likely possibility for the company to expand ?