FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» US dollar trading lower, euro near new high
by target1 Today at 1:38 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Equity Win Today at 1:23 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Today at 11:59 am

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Today at 11:20 am

» DIPD/HAYC/HAYL
by Wickyz Today at 11:19 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Warrant trading opportunity

Warrant trading opportunity

Go down  Message [Page 1 of 1]

1Warrant trading opportunity Empty Warrant trading opportunity Sun Nov 03, 2013 6:42 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Warrant era again on the way.
mostly the JKH warrant giving a good sign to push up other warrants again in the market.

"Big demand for additionals on JKH rights issue"
http://forum.srilankaequity.com/t31466-big-demand-for-additionals-on-jkh-rights-issue#185417

So when the JKH warrants start trading it should be trade more than 50/= or 60/= (rights traded @ 70/=)
anyhow JKH move further up as well so it will give a chance to trade with JKH.W.

then most of the warrants follow with that ...
still we can have chance with
GREG.W6
CLPL.W13 and W14
REEF.W19



2Warrant trading opportunity Empty Re: Warrant trading opportunity Sun Nov 03, 2013 6:54 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
I think you have a point there..

When JKH warrants starts trading, it can bring the attraction  for warrants as a whole. Then other warrants can also get the attention they need. This is not certain, only a possibility.

We, at the moment cannot quote a target for JKH. Its already overvalued.... but its JKH.. It doesn't need NAV, EPS to go up. Its the centre of attraction in foreign eye.

As per the charts, breaking 25 barrier is healthy too.. so its just a matter of time that JKH hits 300 in coming months.

But will all this interest be in vain if the Casino project have to be called off????



Last edited by smallville on Sun Nov 03, 2013 7:39 pm; edited 2 times in total

3Warrant trading opportunity Empty Re: Warrant trading opportunity Sun Nov 03, 2013 7:13 pm

hello


Moderator
Moderator
@jana
why you didn't mention GREG.W3 ?Shocked  good to buy @0.60 and sell @1.00

and

Stock-----price-----EXERCISE PRICE

CLPL.N------69.00

CLPL.W13----1.50------118.00

CLPL.W14----2.10------142.00

how come CLPL.W14 trading higher than CLPL.W13. no value both warrant if we check with today price CLPL.N


@Smallville! well said
When JKH warrants starts trading, it can bring the attraction for warrants as a whole. Then other warrants can also get the attention they need. This is not certain, only a possibility.

if JKH.W trade under 40/= I will go with that. when will start JKH w

4Warrant trading opportunity Empty Re: Warrant trading opportunity Sun Nov 03, 2013 7:50 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@hello wrote:@jana
why you didn't mention GREG.W3 ?Shocked  good to buy @0.60 and sell @1.00

and

Stock-----price-----EXERCISE PRICE

CLPL.N------69.00

CLPL.W13----1.50------118.00

CLPL.W14----2.10------142.00

how come CLPL.W14 trading higher than CLPL.W13. no value both warrant if we check with today price CLPL.N


@Smallville! well said
When JKH warrants starts trading, it can bring the attraction for warrants as a whole. Then other warrants can also get the attention they need. This is not certain, only a possibility.

if JKH.W trade under 40/= I will go with that. when will start JKH w
CLPL.W14 and CLPL.W13 expire dates are different.You can't just compare conversion prices.Very Happy 

5Warrant trading opportunity Empty Re: Warrant trading opportunity Sun Nov 03, 2013 8:34 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@hello wrote:

how come CLPL.W14 trading higher than CLPL.W13. no value both warrant if we check with today price CLPL.N


@Smallville! well said
When JKH warrants starts trading, it can bring the attraction for warrants as a whole. Then other warrants can also get the attention they need. This is not certain, only a possibility.

if JKH.W trade under 40/= I will go with that. when will start JKH w
CLPL.W14's expiration date is long, that's why its trading a bit above..

But you're correct.. As for the prices we see on N shares, none of the Warrants qualify for an investment. But they also bring trading opportunities for some who would like to try out.. Mind u, correct entry only make u a winner, others will see their avg falling down and profits fall low on an uptrend Wink

JKH is a powerful share, we're yet to realize it..

6Warrant trading opportunity Empty Re: Warrant trading opportunity Mon Nov 04, 2013 9:52 am

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
The difference JKH warrants and other warrants is that JKH warrants will be the only warrants which are "in money".

As at today's JKH price JKH warrant 1 have an intrinsic value of Rs.40/- and warrant 2 have an intrinsic value of Rs.30/-. All other warrant's intrinsic value is negative @ a huge margin (More than 50%).

I think to make any sense on other warrants, JKH warrants should trade above 100/-.

7Warrant trading opportunity Empty Re: Warrant trading opportunity Mon Nov 04, 2013 2:25 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
The best hope with JKH share is, that it has attraction from many parties. So its warrants valued than any other warrant at the moment.

The first warrant trading day we can see alot of trading Wink Ppl who got this for free by paying for rights conversion would look at covering a portion of rights prices too...
In warrant 1s case, for an investor, he/she has to pay 175*300=52500 to be eligible for 100 warrants. And also that person needs to have around 1950 N shares to get that rights amt.

A warrant-1 bought at 100/- carries a conversion value of 285/- in 2015. If by 2015, JKH reaches 600-700, we never know as JKH can announce another share split too. This, while making the warrant conversion a fruitful even after a share split, would also bring down the super profits that one could've earned with warrants.
Then if someone buys warrants in 2015, how much it can value? Hmmm... time will tells us Wink

For example, when REEF trading at 70-80 range, REEF.W19 was trading around 16-22. Then it made sense since adding 40/- for conversion still gives a good profit.
But CLPL.W13 or 14 trading above 10 when CLPL trading around 80 never made any sense to me. The only interesting story in CLPL warrants is that its being controlled - dragged down, collected then pushed up several times.

8Warrant trading opportunity Empty Re: Warrant trading opportunity Mon Nov 04, 2013 5:05 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
@smallville wrote:The best hope with JKH share is, that it has attraction from many parties. So its warrants valued than any other warrant at the moment.

The first warrant trading day we can see alot of trading ;)Ppl who got this for free by paying for rights conversion would look at covering a portion of rights prices too...
In warrant 1s case, for an investor, he/she has to pay 175*300=52500 to be eligible for 100 warrants. And also that person needs to have around 1950 N shares to get that rights amt.

A warrant-1 bought at 100/- carries a conversion value of 285/- in 2015. If by 2015, JKH reaches 600-700, we never know as JKH can announce another share split too. This, while making the warrant conversion a fruitful even after a share split, would also bring down the super profits that one could've earned with warrants.
Then if someone buys warrants in 2015, how much it can value? Hmmm... time will tells us Wink

For example, when REEF trading at 70-80 range, REEF.W19 was trading around 16-22. Then it made sense since adding 40/- for conversion still gives a good profit.
But CLPL.W13 or 14 trading above 10 when CLPL trading around 80 never made any sense to me. The only interesting story in CLPL warrants is that its being controlled - dragged down, collected then pushed up several times.

After issuing warrants, a company cannot split shares or go for a rights issue till warrants are expiring, since it will dilute the warrants. That's why JKH has given shorter conversion dates for the warrants.

9Warrant trading opportunity Empty Re: Warrant trading opportunity Mon Nov 04, 2013 6:29 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Thanks hariesha, u sure about it?

10Warrant trading opportunity Empty Re: Warrant trading opportunity Mon Nov 04, 2013 6:53 pm

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Yes hariesha is correct. Otherwise it not logical.

11Warrant trading opportunity Empty Re: Warrant trading opportunity Mon Nov 04, 2013 7:49 pm

Fresher


Moderator
Moderator
about rights post warrants, I'm not sure.

But in case of split, warrants can be split as well right?

12Warrant trading opportunity Empty Re: Warrant trading opportunity Tue Nov 05, 2013 2:49 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
npp wrote:about rights post warrants, I'm not sure.

But in case of split, warrants can be split as well right?
Then you have to split the conversion price also.

13Warrant trading opportunity Empty Re: Warrant trading opportunity Tue Nov 05, 2013 4:43 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Yes its not logical to go for splits before warrants conversion and also splitting warrants, if so to split the conversion price too..

But are there any stipulated rules regarding this?

14Warrant trading opportunity Empty Re: Warrant trading opportunity Tue Nov 05, 2013 8:02 pm

ice4083


Senior Equity Analytic
Senior Equity Analytic
...and what good timing too just before those hampers start knocking on our promoters door steps

15Warrant trading opportunity Empty Re: Warrant trading opportunity Tue Nov 05, 2013 8:18 pm

Fresher


Moderator
Moderator
@hariesha wrote:
npp wrote:about rights post warrants, I'm not sure.

But in case of split, warrants can be split as well right?
Then you have to split the conversion price also.
of course.

If you take some ESOS details in some company reports, the options and their excercise price have been shown adjusted accordingly. Same logic should apply to warrants

As for the rules and regulations, I have no idea

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum