I guess some of you like to invest in Warrants instead of normal shares. It you do, better watch out the maturity dates or you will lose your money. Below are short brief explanation about Warrants.
Warrants give the holders the right, but not an obligation, to subscribe for new ordinary stock shares at a specified price during a specified period of time. The warrants are issued by the company. Warrants have a maturity date (up to 10 years) after which they expire worthless unless the holder had exercised to subscribe for the new shares before the maturity date.
The table below shows Warrants that currently traded in Bursa Malaysia together with its maturity dates and exercise price as of 1st August 2010.
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Currently, I am working outside Malaysia and the internet connection here is very bad. Slower than dial-up!!. I can’t even load up the front page of this blog!!. Because of this terribly slow internet connection it is very difficult for me to update this blog and most importantly finding good source of information. With this kind of internet connection, I will not be able to update this blog as frequently as before.
I will be here for the next 2 years.
However, I plan to move to another place where relatively good internet connection is available in the next few months and hope to update this blog as before.
Finally, I would like to thanks to all readers for visiting this blog.
In the 2Q2010 period, RM5.4bn worth of construction jobs was awarded, with domestic contracts totaling RM3.4bn (+80% q-o-q, +26% y-o-y) and foreign ones at RM2bn (+103% qo-q, +47% y-o-y). The increase in domestic jobs was driven by more awards, PFI jobs and higher private sector projects. Sarawak-based jobs also surged strongly by 74%. We believe the positive news flow is likely to be tempered by implementation delays, tight Govt coffers and a lower physical portion under the 10MP. Maintain NEUTRAL.
The KLCON is trading at 15x forward earnings, which is equal to its long term mean. We do not see a significant rerating occurring anytime soon. We believe that the bulls of more positive news flow will overwhelmed by the bears in the form of implementation delays, tightening Govt coffers and lower physical portion of development expenditure under the 10MP. Nonetheless, we continue to see value in some mid cap names such as Mudajaya (BUY,TP: RM7.33) and Sunway (BUY, TP: RM2.22). For small cap plays, we like Ahmad Zaki (BUY,TP: RM1.33).
Below are the target price for construction sector.
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July 6, 2010
Fixed Deposit
Affin Bank,
Alliance Bank,
AmBank,
CIMB Bank,
EON Bank,
Hong Leong Bank,
HSBC,
Islamic,
Maybank,
OCBC,
Public Bank,
Rate,
RHB Bank,
Standard Chartered
Yesterday, we look at conventional fixed deposit rate for July 2010. However, if you prefer to deposit in Islamic Fixed Deposit Account or commonly known as General Investment Account (GIA-i) instead of conventional fixed deposit account, the rates are shown in the table below.
Kindly note that, the rate showed in the table below are only indicative. It means that, the rates may changes according to agreed profit sharing ratio.
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July 5, 2010
Fixed Deposit
Affin Bank,
Alliance Bank,
AmBank,
CIMB Bank,
Citibank,
Conventional,
EON Bank,
Hong Leong Bank,
HSBC,
Maybank,
OCBC,
Public Bank,
Rate,
RHB Bank,
Standard Chartered,
UOB
Fixed Deposit is known to be one of the most secure investment but with a lower return. If you like to invest your money in fixed deposit you may choose from the list below to maximize your return.
Fixed deposit rate is on the rise because Bank Negara Malaysia (BNM) started to raise OPR rate. The last rate increase in on May 2010.
The table below are the latest conventional fixed deposit rate as of July 2010.
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