U miss the KLSE bull market?? - not yet
You didn't earn money from this rally of KLSE.
What you miss?? If this rally is TRUE, then let's look at some valuable warrants.
My Criteria:
1) More than 3 years of expiry
2) Premium less than 10%
Below is some fulfill my criteria:
1) Spsetia-wb
Expiry: 21 Jan 2013
Conversion: 4.48
Ratio: 1.1
Current price: 0.56
Mom: 4.42 ( A bit high u are paying 0.56+4.42 = RM 4.98 to buy 4.42 )
2) IJM-wc
24 Oct 2014
4.00
1.1
Current price: 1.20
Mom: 5.12 ( Cheap, paying 4.00+1.20 = 5.20)
3) IJM land-wa
11 Sept 2013
1.35
1.1
Current price: 1.01
Mom: 2.34 ( Cheap, paying 1.01+1.35 = 2.36)
4) Gamuda-wd
25 May 2015
2.66
1.1
Current price: 1.25
Mom: 3.77( Cheap,2.66+1.25= 3.91)
5) KPJ-wa
Expiry: 9 Jan 2015
Conversion: 1.70
Ratio: 1.1
Current price: 1.72
Mom: 3.39 ( Cheap, 1.70+1.72 = 3.42)
Source: http://www.klse.com.my/website/bm/market_information/market_statistics/equities/downloads/warrants_info.pdf
What do you think??? Do I miss any GEMS????