Good question, I also wanted to know CIMB rate.

I see.... that's good to know....

Woo hoo! RESORT + KNM, here I come!

Reading some blogs and reviews, looks like everybody is saying RESORT is a very good stock to hold. I think I will Q some more tomorrow!

hehe yeah RESORTS go go go up haha
as u know i stocked in today @2.2 hope it dont drop below tat again else need to avg haha

the good thing bout the interest is calculated daily .. not monthly/yearly wherehy u cannot take out money oftenly haha

btw side track bit .. anyone noe the interest rate put in the normal saving account per annum? FD is 3.7% rite

For RHBInvest, interest is 3.3% perannum
wanna join RHBInvest? haha

Less than 1% p.a.

act i working in Singapore .. FD also around 1% only here .. so less better change all put in mal whereby FD also 3.7% or in so call nominee account haha at least 3.05%

No wonder you got x2.3 bullets!

Hmmm... wonder what the effects will be with this news : http://forum.lowyat.net/topic/662423/+120 (Post #127)



This post has been edited by kmarc: Dec 2 2008, 10:33 PM

http://www.theedgedaily.com/cms/content.js...bbd420-d77d49c4 resorts

You're trader of the day! While others are collecting garbage you found a gem.

Warrant price = $0.62
Exercise price = $1.21

YTLPOWER Price Today = $1.93

$0.10 profit X 300lot = $3,000 in your pocket right now!

Tonite can sleep ahh?

wireless alwaz good in trading

DJIA opens in green:

8,194.73 +45.64 +0.56%

drop sharly now

Yeah, one is good in trading when he doesn't need to show any proof of purchase.

This post has been edited by AdamG1981: Dec 2 2008, 10:55 PM

I don't really get how this warrant goes. Let say like YTLPOwer case, how come you say profit $0.10? 1.93-1.21-0.62? If warrant price is 0.62 and exercise price is 1.21, meaning if we have 10 units and want to convert to mother share, we pay additional 1.21?

Warrant cost(0.62) + exercise cost (1.21) = cost of buying said share (1.83)

Earn 0.10 before comm if sell right away

Thanks for the info. Guess I can now start playing wif fire (warrant)

wow, this is hard hitting statement.

Don get what you ppl mean need you to teach me how can you derive it?

As i know
if you bought warrant AT RM 0.62...sINCE conversion price is RM 1.21 THAT MEANS YOU GOT TO pay RM 1.21 to
convert to mother share.

there are gap between warrant and mother share as you got to know the mother share is dividend stock so due to warrant don give dividend thats y the warrant are giving some discount in the pricing due to the dividend policy.

What wirelessdude trying to say is if mother share tomolo going up 20 sen then warrant will go up 20 sen...Why not buy the warrant as you can buy more lots with lower price and you can gain more ......

[quote=darkknight81,Dec 2 2008, 11:27 PM]
Don get what you ppl mean need you to teach me how can you derive it?

As i know
if you bought warrant AT RM 0.62...sINCE conversion price is RM 1.21 THAT MEANS YOU GOT TO pay RM 1.21 to
convert to mother share.

there are gap between warrant and mother share as you got to know the mother share is dividend stock so due to warrant don give dividend thats y the warrant are giving some discount in the pricing due to the dividend policy.

What wirelessdude trying to say is if mother share tomolo going up 20 sen then warrant will go up 20 sen...Why not buy the warrant as you can buy more lots with lower price and you can gain more ......

[/quote

Tomorrow going up 20 cents?

[quote=jasontoh,Dec 3 2008, 12:29 AM]
[quote=darkknight81,Dec 2 2008, 11:27 PM]
Don get what you ppl mean need you to teach me how can you derive it?

As i know
if you bought warrant AT RM 0.62...sINCE conversion price is RM 1.21 THAT MEANS YOU GOT TO pay RM 1.21 to
convert to mother share.

there are gap between warrant and mother share as you got to know the mother share is dividend stock so due to warrant don give dividend thats y the warrant are giving some discount in the pricing due to the dividend policy.

What wirelessdude trying to say is if mother share tomolo going up 20 sen then warrant will go up 20 sen...Why not buy the warrant as you can buy more lots with lower price and you can gain more ......

[/quote

Tomorrow going up 20 cents?

[/quote]

Just an example ..... i don have crystal ball....