I think Komark is better.

KNM is RED today. Cannot move up?

Trading buy only. Goreng stock. It has been on an uptrend for the past 3 weeks?

Good morning folks.

Glove stocks are holding steady. Banking stocks are slowly bleeding these past few weeks. Maybank may offer an interesting entry price soon.

BAT may be worth a bat if it falls to RM10.

GenM may be a turnaround stock - Peter Lynch style. The Genting Premium Outlet was packed on Sunday. It was scary. I was queuing up to enter and decided to go back to KL for fear of Covid-19. The crowd was like pasar malam. 😃

Because of this news.
https://www.cnbc.com/2020/06/22/stock-marke...close-news.html

How to buy index ?

FOR those who like warrants
TOPGLOV-Call Warrants
Author: i3gambler 


Make reference to the above screen shot.

First we look at TOPGLOV target prices given by investment banks.

TOPGLOV released their latest quarterly result on 11th June 2020,

Therefore I capture only those target prices given on the same day or later,

Thanks to i3investor.com for the listing the target prices.

The average target price are sky high, an upside room of 44.74%, very rare for a blue chip.

Now, to calculate the fair value of call warrants, we need inputs to the calculation, the two critical and arguable inputs are:

1) Interest:

Common practice:

Input the risk free interest rate, in our current case, should be around 2%

My preference:

50% of the upside room of 44.74%, equal to 22.37%, then plus the dividend yield, but subject to a maximum value of  8.00%.

2) Volatility:

Common Practice:

Calculate from the last 90 trading days, and assume same volatility will be maintained in coming months.

My preference:

Same calculation, but subject to a maximum value, in this case I choose 30%.





Make reference to the following two screen shots:

1) Column C:

The middle price at 4.30 pm on Friday, 26th June 2020.

2) Column M:

Fair values calculated using 200 steps binomial method.

3) Column L:

Fair Value over Market Price.




Discussion:

1) At a very unlikely chance, I could have put wrongly the expiry, exercise price or exercise ratio, so please double check at www.bursamalaysia.com if you want to trade any of call warrants.

2) Currently I do not have any TOPGLOV call warrant, and not like will buy any of them.

3) Trade at your own risk.

The surprising thing is there are still ppl buying them. Wonder who are they?

diff in that tesla made $16 million in last qtr and share price is $1,544.

topglove made rm350mil or $81 mil in last qtr and share price is rm22 or $5.

Ya, why dun u do that?

the glove bubble survived another day.
Lets hope for the same tmrow

Why the Supermax-HB up so much?

Put warrant not call warrant o..

RM5 - (0.35x20) = -RM2

these crazy investors
buy this put warrant if u think spmx is LESS than RM 5 end of February 2021.

Formula to calculate value of put warrant at expiry
Value at Expiry = (Exercise Price - Settlement Price) Exercise Ratio