博士讲鸟话-warrant

12:19pm, 7 Jul - Cheng;Fong Yu: Later u can study warrant
12:19pm, 7 Jul - ‪+84 122 873 8284‬: Warren
12:19pm, 7 Jul - ‪+84 122 873 8284‬: I study d
12:19pm, 7 Jul - Cheng;Fong Yu: I prefer warrant because higher profit
12:19pm, 7 Jul - ‪+84 122 873 8284‬: Mother company important
12:19pm, 7 Jul - ‪+84 122 873 8284‬: But one I don understand
12:19pm, 7 Jul - ‪+84 122 873 8284‬: If I buy warrant
12:20pm, 7 Jul - ‪+84 122 873 8284‬: Before the date of expire
12:20pm, 7 Jul - ‪+84 122 873 8284‬: Can sell? ?
12:20pm, 7 Jul - ‪+84 122 873 8284‬: Cannot right? ?
12:21pm, 7 Jul - Cheng;Fong Yu: Can sell
12:21pm, 7 Jul - Cheng;Fong Yu: Can convert
12:21pm, 7 Jul - ‪+84 122 873 8284‬: Convert to mother share? ?
12:21pm, 7 Jul - ‪+84 122 873 8284‬: U mean if the price rising
12:21pm, 7 Jul - Cheng;Fong Yu: Play warrant just alert expiry date and premium
12:21pm, 7 Jul - ‪+84 122 873 8284‬: Then we can convert? ?
12:21pm, 7 Jul - ‪+84 122 873 8284‬: Premium
12:22pm, 7 Jul - ‪+84 122 873 8284‬: Tak faham
12:22pm, 7 Jul - Cheng;Fong Yu: Ya...convert to mother
12:22pm, 7 Jul - Cheng;Fong Yu: Yes
12:22pm, 7 Jul - ‪+84 122 873 8284‬: Apa tu premium
12:22pm, 7 Jul - Cheng;Fong Yu: Covert with exercise price
12:22pm, 7 Jul - ‪+84 122 873 8284‬: But warrant buy at low price
12:23pm, 7 Jul - Cheng;Fong Yu: Let's say 
Mother RM1.00 
Exercise price 0.80
Warrant 0.40
12:24pm, 7 Jul - ‪+84 122 873 8284‬: Exercise pricr. ..tak faham
12:25pm, 7 Jul - Cheng;Fong Yu: If I want convert I have to use 0.40 + 0.80 = 1.20
12:25pm, 7 Jul - Cheng;Fong Yu: Exercise price mean extra money need to pay to cover t
12:25pm, 7 Jul - Cheng;Fong Yu: Premium = 1.20-1.00/1.00= 20%
12:26pm, 7 Jul - ‪+84 122 873 8284‬: 20 percent here means wat? ?
12:26pm, 7 Jul - Cheng;Fong Yu: If I convert I need to pay extra 20% of market price.... It's mean premium
12:26pm, 7 Jul - ‪+84 122 873 8284‬: Ic
12:27pm, 7 Jul - ‪+84 122 873 8284‬: Means not worth
12:27pm, 7 Jul - ‪+84 122 873 8284‬: Right
12:27pm, 7 Jul - Cheng;Fong Yu: 20%higher than market price
12:27pm, 7 Jul - Cheng;Fong Yu: Not worth...
12:27pm, 7 Jul - Cheng;Fong Yu: But if the warrant got 5 years life
12:27pm, 7 Jul - Cheng;Fong Yu: 5 year later.... Mother rise to 3.00
12:28pm, 7 Jul - Cheng;Fong Yu: U still just pay 1.20 to buy the thing worth 3.00
12:28pm, 7 Jul - Cheng;Fong Yu: Untung?
12:28pm, 7 Jul - Cheng;Fong Yu: Sure yes
12:28pm, 7 Jul - ‪+84 122 873 8284‬: But tis about time consuming
12:28pm, 7 Jul - ‪+84 122 873 8284‬: Cash kena block
12:28pm, 7 Jul - Cheng;Fong Yu: Yes....
12:29pm, 7 Jul - Cheng;Fong Yu: I no need wait until 5 years
12:29pm, 7 Jul - ‪+84 122 873 8284‬: But buy smal return bigger
12:29pm, 7 Jul - Cheng;Fong Yu: Anytime I can sell
12:29pm, 7 Jul - ‪+84 122 873 8284‬: I seem
12:29pm, 7 Jul - Cheng;Fong Yu: Mother price move warrant will follow
12:29pm, 7 Jul - ‪+84 122 873 8284‬: But warrant enjoy d dividend? ?
12:30pm, 7 Jul - Cheng;Fong Yu: Mother 1.00 to 1.10  =10%
Warrant 0.40 to 0.50. =25%
12:30pm, 7 Jul - Cheng;Fong Yu: Exercise price remain
12:31pm, 7 Jul - ‪+84 122 873 8284‬: Then ma not worth
12:31pm, 7 Jul - Cheng;Fong Yu: You buy mother you gain 10%.... you buy son you gain 25%
12:31pm, 7 Jul - Cheng;Fong Yu: Son no dividend
12:32pm, 7 Jul - Cheng;Fong Yu: But as the above case 15% extra gain enough to cover dividend gain
12:32pm, 7 Jul - ‪+84 122 873 8284‬: Not understand
12:32pm, 7 Jul - Cheng;Fong Yu: Haha.
12:33pm, 7 Jul - ‪+84 122 873 8284‬: 0.5 plus 0.8=1.30
12:33pm, 7 Jul - Cheng;Fong Yu: Ya
12:33pm, 7 Jul - ‪+84 122 873 8284‬: Yet mother share at 1.10only
12:34pm, 7 Jul - Cheng;Fong Yu: But I can don't convert... I sell back to market
12:34pm, 7 Jul - ‪+84 122 873 8284‬: Premium 20 cent
12:34pm, 7 Jul - ‪+84 122 873 8284‬: Oh
12:34pm, 7 Jul - Cheng;Fong Yu: Son can sell back anytime
12:34pm, 7 Jul - Cheng;Fong Yu: 25% fain
12:34pm, 7 Jul - Cheng;Fong Yu: Gain
12:34pm, 7 Jul - ‪+84 122 873 8284‬: Iv
12:34pm, 7 Jul - ‪+84 122 873 8284‬: Ic
12:34pm, 7 Jul - ‪+84 122 873 8284‬: So for those give the bonus company
12:35pm, 7 Jul - ‪+84 122 873 8284‬: Not worth if buy d warrant
12:35pm, 7 Jul - Cheng;Fong Yu: But don't buy the warrant less than 1 year life
12:35pm, 7 Jul - ‪+84 122 873 8284‬: Can I say so? ?
12:35pm, 7 Jul - Cheng;Fong Yu: Ya....
12:35pm, 7 Jul - ‪+84 122 873 8284‬: Got it
12:35pm, 7 Jul - Cheng;Fong Yu: High dividend not worth to buy warrant
12:35pm, 7 Jul - ‪+84 122 873 8284‬: Icic