Thursday, July 17, 2014

博士讲鸟话-premium

7:53am, 15 Jul - Goh Kian Sian: Yc can u put the premium formula here?
8:00am, 15 Jul - Cheng;Fong Yu: For inari CA....

Mother - 3.26
Son - 0.21
Exercise price - 3.00 
Conversion - (n x 4) + 3.00

If I want to convert the price I need to pay = (0.21x4)+3.00 = 3.84
8:01am, 15 Jul - Cheng;Fong Yu: Premium = (3.84 - 3.26) / 3.26
8:01am, 15 Jul - Cheng;Fong Yu: 17.7%
8:02am, 15 Jul - Cheng;Fong Yu: Got it 
8:02am, 15 Jul - Cheng;Fong Yu: ?
8:03am, 15 Jul - Goh Kian Sian: The conversion formula is not fix right?
8:03am, 15 Jul - Cheng;Fong Yu: Yup
8:03am, 15 Jul - Goh Kian Sian: Meaning diff warrant diff formula
8:03am, 15 Jul - Goh Kian Sian: Ok
8:04am, 15 Jul - Cheng;Fong Yu: Refer to KLSE screener - announcement - profile of warrants
8:05am, 15 Jul - Cheng;Fong Yu: Formula depend on the bank
8:05am, 15 Jul - Cheng;Fong Yu: This is CA only
8:05am, 15 Jul - Cheng;Fong Yu: But normally company own warrant, or your know as WA is 1:1 + ex price
8:06am, 15 Jul - Cheng;Fong Yu: Inari CA 4:1 + ex price 3.00
8:06am, 15 Jul - Cheng;Fong Yu: Dsonic CA 3:1+ ex price 1.86
8:06am, 15 Jul - Goh Kian Sian: What i know is wa price + ex price is the conversion price
8:06am, 15 Jul - Goh Kian Sian: Oic
8:07am, 15 Jul - Cheng;Fong Yu: Yours one is normal Warrant conversion
8:08am, 15 Jul - Cheng;Fong Yu: Quiz time, can you calculate Dsonic premium?

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