小商人's comment on SCIENTX-WC

小商人's comment on SCIENTX-WC. All Comments

小商人

2 Like · Reply

could anyone teach me about how to calculate this warrant into mother share please? I'm appreciated.
请问有人能教我如何计算把这个涡轮转去母股吗？谢谢~

3 years · translate ·

Razeef Hamzah

what platform r u using?

Like · 3 years · translate

小商人

I'm using mplus

Like · 3 years · translate

Razeef Hamzah

contact ur remisier. obtain a form to convert the WA. pay fees.

2 Like · 3 years · translate

小商人

Thanks Razeef, i got 100 units of this WA, do you know how much I should pay to convert it?

Like · 3 years · translate

Lim AS

The co shall announce when to convert n conversion not done everyday .
The warrant usually is pegged at a premium n in this case is 30.5c + 4.30 = 4.65 whereas the mother share is only 4.10 . Only stupid took will convert .
U got 5 years to do conversion n when it nearer to the end of expiry date , it usually fairs poorer than mother share due to the inconveniences in conversion .
Buy warrant in the hope that mother share going up n u shall enjoy the benefit of higher warrant n vice versa .

2 Like · 3 years · translate

小商人

Wow thank you Lim!
WA anytime also can convert to mother share before expire?

1 Like · 3 years · translate

Jacky Lai

Lim AS
Hello, If Sciectx company announce dividend, will those warrant (WC) holders get the dividend as well?

1 Like · 3 years · translate

小商人

Jacky, warrant holder will not get any dividend

Like · 3 years · translate

Razeef Hamzah

sure bro. every warrant has an exercise price. ok now try look what this warrant excercise price. tell ur answer here.

1 Like · 3 years · translate

小商人

is that need to add Rm4.3 per unit? that simple?

1 Like · 3 years · translate

Jacky Lai

Thank you very much for those answers... really appreciate

In short words, Scientx Comapny Warrant (4731-WC) will not get dividend because it it not a share.

1 Like · 3 years · translate

Razeef Hamzah

yes right. thats is the conversion price. 4.30.

1 Like · 3 years · translate

Razeef Hamzah

this scientex is so good that no one sell their WC until today

1 Like · 3 years · translate

Lim AS

If the mother share drops below 3 . Then I m sure warrant shall undergo deep corrections!
Now the warrant conversion shall be 4.30 + 90.5 =5.25 Vs mother share 3.90