Samgang - What is the "S" stock?

Some guess SCOMI, friday closing price RM 0.36; PE 1.4 , volume is 34855.
Some guess SP SETIA, friday closing price RM 3.14; PE 14.9 , volume is 978. (out)
I guess SIME, PE 9.1, theme play is plantation and volume is 102,485.
Friday Closing Price RM5.40
52 weeks low 4.94
52 weeks high 13.40
So only Monday will prove me right for the forhand call, what say you?

If this is true, I think I will buy SIME-CG, premium is 25 %, here are the details (this is high risk):
Instrument Type : Structured Warrants
Type of Structured Warrants : Call Warrants
Description : NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS
Underlying Stock : SIME DARBY BERHAD
Issuer : OSK INVESTMENT BANK BERHAD
Term Sheet Date : 12/12/2008
Issue Date : 19/12/2008
Issue Size in Unit : 75000000
Listing Date : 23/12/2008
Maturity Date : 18/06/2010
Revised Maturity Date :
Issue/ Ask Price : MYR 0.1200
Exercise/ Strike/ Conversion Price : MYR 5.3500
Exercise/ Conversion Ratio : 10:1
Settlement Type/ Convertible into : Cash

1 comments:

Samgoss said...
Congratulation on yr parkson n ijm, everybody read yr b4 hand call..well done newbie ! told u oledi..y need to hang around at back hand seng's blog, u r much much better than him, kicking u out from his blog is actually seng's loss ! ha ha..

I am d best sifu ? well... among d TA bloggers , i will say i am nothing but d best ! but among d FA bloggers , I am nothing but d lousiest ! that's uncle sam ! ha ha..

2 ck5354 , wowww... thanks 4 yr compliment n yr guess is correct ! btw..my advice to u , dont support uncle sam openly in front of back hand seng , ok ? if not, u will definately kena ban from seng blog like what he did to newbie ! bukan seng ? ha ha...I think seng's slogan should change to " bodek , jangan tak bodek ! bodek selama lamanya.... "

2 ck5354 n those who got it correctly, i will publish yr posting out by 9.30 am 2molo .

cya..good nite ^V^

January 4, 2009 11:48 PM


Samgoss said...
Done 5 lots @ 5.50! ( will buy in 2 stages ) Yes..it is SIME DARBY !

2 CK5354 n all who got it right ! wise ppl view d same.

SIme 's PE < 10 ( Provided its coming earning can be sustained )

GLC stock

Blue chip

Theme play ( CPO )

Crude oil @ 35 shld be d bottom , any rebound shld bring all d cpo counters higher .

52 weeks high RM11+ , low 5.10+-

Safe bet 4 short n mid term , sure win for long term ^V^

January 5, 2009