must see also if that day force selling or not...nothing much can do if DJ super good den in KLSE its froce selling...you know la...alot of people play contra ma...now days i buy and sell also need to check for force selling...

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Added on November 19, 2007, 2:08 pmmind showing us wat you have ? hehehehe

This post has been edited by c0c0nut: Nov 19 2007, 02:08 PM

Hope your dream comes true.

Sapcres will have plenty of dilution if its warrant being converted to its mothershare, the number of warrant is huge about 250mil. Sapcres got 1.14 bil share issued plus its warrant if converted, its total outstanding share would be near 1.4 bil, this kind of stock normally need some high volume to push up the share price.

I though before the recent HSI plunge, it nearly hit 32K already (just shy a few points) mah

This post has been edited by cherroy: Nov 19 2007, 02:16 PM

i mean gamuda make me lose money!!!

Don't worry. I'm sure it will bounce back some other day

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Added on November 19, 2007, 2:21 pmCherroy,

I have question regarding warrants. Will warrants have effect on mother share? Let say the warrants expire today, will the mother share go up/down? Which is the usual case?

This post has been edited by jasontoh: Nov 19 2007, 02:21 PM

Yes, warrant (not call-warrant) does and can affect its mothershare. Imagine all the warrant being converted to the mothershares, then the number of shares increases then you increase the 'supply' in the market. So it depends how many warrants is there or the willingness of conversion.

Ordinary warrant doesn't need until expiry date to be converted, it can be converted anytime, but it depends the rules set up when the warrant being issued, can vary from each others. Normally they will set warrant can be converted after 1 year of issueing until its expiry time, normally 5 years.

This post has been edited by cherroy: Nov 19 2007, 02:27 PM

what do i have ahh, manyak oh


ohh thanks for the input, i didnt know that SAPCRES warrant QTY is more than its mother shares

haha regarding the HSI, the 33k benchmark was set after the plunging of HSI to 27k

more cw is coming out soon, scary nia

NEW CALL WARRANTS BY CIMB:
CIMBis offering 4 new Call Warrants ("CW") tomorrow, 14 November 2007 on Bursa Malaysia Berhad ("Bursa CW") (62 sen per CW), Telekom Malaysia Berhad ("TM CW") (28 sen per CW), China Communications Constructions Company Limited ("CCCC CW") (45 sen per CW) and Toyota Motor Corporation ("Toyota CW") (46 sen per CW). Investors are advised to submit the subscription orders to their dealers/remisiers as soon as possible. For more details on:

1. BURSA-CW
2. TM-CW
3. CCCC-CW
4. TOYOTA-CW

Warrant is about 25% of its mothershare

1.14 billion mothershares
250 million warrants

Just come across a news that Persian Gulf states said they will consider changing their fixed exchange rates which orginated peg with USD will send USD plunging again after Europe and US market open. When USD plunging, US market doesn't actually like it.

everyday my hk w RED RED RED 1 sien

I think KLSE is 'crazy' about the CW, if this trend continue, we will be become a 'gambling' bourse.

It (CW) now become a money printing machine for those investment house and KLSE

So rich? Or just penny stock?

Hmmm how come Ministry of finance dumping Maybulk shares?

This is an open market, everyone can buy/sell on their own wish.

May be they though earn enough, want to 'cash out' as well.
Rising more than 1 fold for the last year.

Could be the next GE coming soon

well...it stock market its crowd mentality too....so if u cant beat them...might as well join the wave!

hmm.. the telekom TM-CW might be gud no?

i agree


maybe he sense thunderstorm is coming

Very strange hor, commerz announce its financial result, so good result, but price doesnt move one, how come ??
Cheroy, any idea kah?

DJ Futures : -18.00

Euro : -19.00

that probably would determine EURO open low today, sigh

Thought we had discussed it before in V6, check it out.
It is not about crown mentality, it is about the health of stock market.

The overly issued of CW will mean investment house and KLSE are tapping public money into their 'pocket'.

If they issue CW according to market price, then fair enough but it is usually being issued more than 20% premium over the market, then who will be the ultimate winner?

you've got company