That one is not a game right ?

Anyone know about stock simulator which deals with virtual $$ to play. It's a game but based on the realistic stock market of KLSE.

The one i knew is stockk.com but it's been down. There are some games about NYSE but i have no knowledge regarding US stocks/companies. I think it's easier for me to pick up from KLSE.

So anyone mind to tell me what is the 'best buy' and 'best sell' means in a stock exchange ?

Thanks.

There is no free lunch in this world.

lol, 2.75 sen and 27.5 sen is huge difference !!

Hello everyone,

I do have a question here. Well, I would like to know more about Warrant.

For example, when Company A put 'Call Warrant' onto Bursa Saham,

Exercise Price : RM2.00
Issue Price : RM 0.50
Tenure : 8 months
Exercise Ratio : 2 CW : 1 Share

So the questions are :-

1. The current A share price at the moment will be lower than RM2 ?
A : I assume 'yes'

2. If A share price increase RM0.50, the A-CW will increase RM0.50 too ?
A : I assume 'yes'

3. If A share price decrease RM0.60, the A-CW will become no value .. RM 0 ?
A : I assume 'yes'

4. I must exercise the CW in the range of 8 months it's been offered to public .. I can either buy the A share price by exercise .. or sell the CW as priced at that moment for A-CW at Bursa Saham ?
A : I assume 'yes' but it will be the company A who have to buy your CW and it might need some time for the issuer to process the exercise from CW into share.

5. I need to purchase 2 CW in order to exercise it for 1 share .. how if I only have 1 CW ?

6. Please add any other things i need to know ..

Thanks all for information. It will be an useful learning curves for myself and anyone else interested. Thank you !!

This post has been edited by WinDs: Dec 19 2006, 12:11 AM

Thanks Lklatmy. That is very helpful for me i must admit.

Anyhow I've just figure out about the delta. However i am yet to understand the term ' settlement price ' and ' strike price '

So in this case, if I want to exercise the warrant, I will only make profits when

1. the A share price is at RM2.50 or more; since I pay RM0.50 for the warrant and the cash settled by current share market A price, RM2.50 - Exercise Price, RM 2.00 = RM0.50 ?

2. I sell the A-CW at a higher price than RM0.50 at the stock market

The most profit margin will be likely coming from selling A-CW at higher price but it's hard to achieve that since the warrant will be expired in a certain period which results in decreasing A-CW price as it getting nearer to the tenure deadline.

Thanks all.

Thank you, lklatmy. That's a brief explanation.

Merry Christmas & Happy New Year to you and others too. Let's see how the new year local bursa saham going to perform following the currency control at Thailand.

I believe it will bring more benefits to KLSE at short terms with all the funds direct into other share markets excluding Thailand. However in long run, the economic crisis back in 1997 might be coming back again. It's okey to exercise capital control I believe. However, we should ask, when is THE RIGHT TIME to exercise that. And in my opinion, it's still too early to do that. We would like to know more how US Dolar & China Yuan going to affect the economic next year, not to forget Japanese YEN too.

Thanks a lot.