I know SP Setia going to have a bonus issue, however, what is the impacted to SPSetia-WB warrant? I have holding 2 units.

Want to know any impacted after bonus issue out.

Thanks

imho, it is because the bonus issue is as a result of private placement, meaning it will dilute the EPS of the current shareholders.

Yes both bonus issue and private placement will dilute the EPS. But the difference is that the former doesn't dilute the % of existing shareholdings. Your cut on the earnings remains the same. The price (if it's pure bonus exercise) should only be adjusted on ex-date. That's what I wanted to say.

If I'm not mistaken the warrant terms will be revised accordingly on bonus issue. If not the warrants will be forever out of money, right?

I think I was wrong. If bonus issue is similar to cash dividends, the warrant terms won't change. Is it only share split will get the exercise price revised? I remember seeing an announcement pertaining to this recently. I can't recall which stock already. I think we need to find a warrant which had similar corporate exercise to confirm.

I am trying to find a stock with similar exercise too but to no avail.

S P Setia back in the limelight

URL: http://www.theedgemalaysia.com/highlights/...-limelight.html

SP Setia plans project, in talks with govt on KL site

Read more: http://www.btimes.com.my/Current_News/BTIM...l#ixzz1BOlA2p9j

SP Setia slides on downgrades

Read more: http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Call warrants exercise price will be revised (read here). Not sure about warrants.

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Added on January 18, 2011, 11:01 pm

It was only a week ago when most research houses were bullish on this stock. They changed their stand so quickly.

Call warrants exercise price will be revised (read here). Not sure about warrants.

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Added on January 18, 2011, 11:01 pm

It was only a week ago when most research houses were bullish on this stock. They changed their stand so quickly.

Most of them still bullish, just a few downgraded as they thought its fully valued. 

8.06 (CIMB, up)
7.70 (HwangDBS, not sure up or down)
7.39 (RHB, down)
7.15 (MBB, up)
7.23 (OSK, not sure up or down)
6.00 (Libra, not sure up or down)
6.95 (达证券 up）

Are these revised recommendations following the announcement of the corporate exercise?

ECM Libra is advising investors to take profit.

New SPSETIA-CW by CIMB (here) could be listing today. Let's see if the selling pressure persists or not.

i trade stock start from 5 year ago,

for my opinion.. you maybe you need spend some time to study what is exactly stock market running

stock market is a money game , is a market that you can put your money for invest.. maybe you can make money

you may lossing money also..

the most important for me.. don't trust for the indicator.. especially William% or RSI ..

i tell you , every professional indicator is a wrong signal for us to go to the market

i loss over 90K in the stock market...

now only i understanding we need to follow with the market trend

bull or bear market

now is going too high bursa now today

1570.. to high .. don't go in first.. wait...

but my opinion ..if you want to make fast money..

trade FKLI or FCPO..

the faster way to make money.. i make about 500-2k per day with 1 lot for trade CPO

Are these revised recommendations following the announcement of the corporate exercise?

ECM Libra is advising investors to take profit.

New SPSETIA-CW by CIMB (here) could be listing today. Let's see if the selling pressure persists or not.

no problem.

Rebounding is a matter of time, but do exercise cautious as the KLCI index is indeed in a very high position. No one knows what is the right price to go in as the market reacts base on news that related to the stock. As for SP Setia, project contracts are those that will really drives up it shares.

Foreign fund is also another factor that is important in the direction of the market. When more foreign funds is being poured in, stocks will go up (prior to 1997 crisis), and when foreign funds is being pulled back, the stocks will plunge due to supply of shares more than demand where people will do a lot of panic selling, trying to hold on to cold hard cash when the market is uncertain.

If you'd ask me, what is the right price to enter, honestly I do not know. But do ask yourself, you plan to make quick bucks (as a contra player), looking for capital appreciation over a period of time or going in for dividend play (long term)? Rule of thumb, always invest within your mean, and do not rush in buying stocks as the timing is very important.