They are:
a) WCT-WB
Stock Name
WCT
|
Warrant Name
WCT-WB
|
Yahoo Code
9679WB.KL
|
Type
CALL
|
Strike Price
MYR 2.5000
|
Ratio
1 to 1
|
Call Price
NA
|
Strike Date
22 Apr 2013
|
Listing Date
NA
|
Issuer
NA
|
Disadvantage: only left 6 months
and
b) Ytlpower-wb
Stock Name
YTLPOWR
|
Warrant Name
YTLPOWR-WB
|
Yahoo Code
6742WB.KL
|
Type
CALL
|
Strike Price
MYR 1.2100
|
Ratio
1 to 1
|
Call Price
NA
|
Strike Date
11 Jun 2018
|
Listing Date
NA
|
Issuer
NA
|
2 comments
Ytlpower-wb is definitely a gem cos it is negative premium plus long expiry date where as wct-wb's expiry is too near, u r like gambling with late uncle lim , if mom turn south , wb will 4low along d way , 2013 is right at d corner... think risk b4 profit.
Anybody buying warrants in Bursa is gambling. I like gambling once in a while too. Gambling of course take risk, the higher the better for punters; and usually the higher the risk the higher the return. In this case, I like WCT-Wb better because of its higher gearing at 10.6 times Vs that of 4 times of YTL Power Wb at today's closing prices. The underlying share WCT also is more liquid and has a higher volatility which is important for warrant punting. YTL Power Wb though has a longer expiry date of 5.6 years to go, it is not much of an advantage in view of its low volatility. Its higher dividend yield of 6% also is a negative factor for its warrant. Of course WCT Wb is riskier because of its higher gearing and shorter expiry date. But why the hell are you in warrant punting in the first place?