Warrants Digest Tuesday, March 15, 2016

Transcription

1 s Digest Top Picks FBMKLCI-C54 MAYBANKC19 GENM-C12 FBMKLCI-C24 DIGI-C9 (065054) (115519) (471512) (065024) (6947C9) Strike : 1, Strike : RM8.60 Strike : RM4.25 Strike : 1, Strike : RM5.10 : 16.19x : 20.71x : 12.72x : 53.98x : 20.88x Expir: 30 Sep 2016 Expir: 30 Dec 2016 Expir: 31 Ma 2016 Expir: 31 Ma 2016 Expir: 30 Sep 2016 Market Headlines HSI , STI , NIK , DJIA , S&P , The local index started the week on a strong note, increasing b 3.77 points or 0.22 to close at 1, points on Monda. The local stock exchange saw 1.47 billion shares exchange hands, worth RM1.61 billion. The broader market saw gainers lead losers b a small margin of 419 to 412 while 360 counters remained unchanged. The FBM KLCI closed higher for the third consecutive market da in a row, tracking the regions positive sentiment. Interest in plantation counters as well as metal and aluminium-related stocks stirred the local market as well. Besides that, according to Reuters, gains on Wall Street as well as small indications of strength in weekend data from China also boosted investor sentiment across Asia. Investors who have a bullish view on the local index, can increase their exposure via call Top 5 Most Active warrants on the FBM KLCI such as FBMKLCI-C54 which has an exercise level of 1,595 points and will expire on 30 September Malaan Banking Bhd (Mabank) is further strengthening its operations in Cambodia with the launch Name FBMKLCI-H25 FBMKLCI-HW FBMKLCI-H37 Gain/Loss Vol '000 6,350 4,201 3,387 of Mabank Tower, a new 10-store corporate office in the countr. Mabank first established a FGV-C ,301 presence in Cambodia with the opening of its Phnom Penh branch in 1993, which has since expanded to 21 branches serving the needs of the domestic market, as well as regional customers IOICORP-C Top 5 Gainers 2,819 who have business and investments in the countr. Investors who are bullish on Mabank s future prospects can consider MAYBANKC19, which has an exercise price of RM8.60 and will expire on 30 December Name IOICORP-C6 GENTINGC22 GENM-C12 Gain/Loss Chgs FGV-C The top supporter of the local bourse on Monda was Genting Malasia Berhad (Genting), after its MAYBANKC share price rose 3.05 to end the da at RM4.39. Genting contributed 1.26 points to the FBM KLCI Top 5 Losers with 5.16 million shares exchanging hands. Investors seeking exposure to Genting can consider Name Gain/Loss Chgs GENM-C12 which has an exercise price of RM4.25 and will expire on 31 Ma UEMS-C CIMB Bank's 7 latest call warrants and 1 put warrant, FBMKLCI-C54, IOICORP-C9, MALAKOF-CN, MAXIS-CT, MISC-C5, WCT-CX and FBMKLCI-H59 were listed on 9 March UMWOG-CY PBBANK-C4 UMWOG-C Source: CIMB Research, Bloomberg, The Edge Markets & The Star PETGAS-CM s in Focus Exercise FBMKLCI-C FBMKLCI MAYBANKC MAYBANK RM8.80 RM GENM-C GENM RM4.39 RM FBMKLCI-C FBMKLCI C9 DIGI-C DIGI RM4.96 RM C9 IOICORP-C IOICORP RM5.00 RM FBMKLCI-H FBMKLCI CT MYEG-CT MYEG RM2.04 RM TENAGA-C TENAGA RM13.44 RM FBMKLCI-H FBMKLCI FBMKLCI Index Chart 1, (0.22) Mar-15 Jun-15 Sep-15 Dec-15 Date Das to Sep Dec Ma Ma Sep Dec Jun Sep Apr Jul

2 s Digest s issued b CIMB Bank Berhad 1 da Exercise s / Implied Volatilit Date (d/m/) Das to 6599CE AEON-CE AEON /06/ CT AFFIN-CT AFFIN /09/ CQ AFG-CQ AFG /04/ CO AIRPORT-CO AIRPORT /06/ CV AMBANK-CV AMBANK /03/ C6 ARMADA-C ,000 ARMADA /08/ C4 AXIATA-C AXIATA /07/ CE BAT-CE BAT /07/ CK BJAUTO-CK BJAUTO /05/ CZ BJCORP-CZ BJCORP /10/ CK BSTEAD-CK BSTEAD /04/ C8 BURSA-C BURSA /04/ CB CHINA50-CB CHINA , /09/ CC CHINA50-CC CHINA , /09/ HB CHINA50-HB # CHINA , * 30/09/ HC CHINA50-HC # CHINA , * 30/09/ C5 DIALOG-C DIALOG /07/ C9 DIGI-C DIGI /09/ DRBHCOMC DRBHCOM /08/ DRBHCOMC DRBHCOM /04/ DRBHCOMC DRBHCOM /11/ CG EDGENTA-CG EDGENTA /10/ FBMKLCI-C FBMKLCI /03/ FBMKLCI-C FBMKLCI /04/ FBMKLCI-C ,342 FBMKLCI /05/ FBMKLCI-C FBMKLCI /06/ C4 FBMKLCI-C FBMKLCI /07/ FBMKLCI-C ,313 FBMKLCI /07/ FBMKLCI-C FBMKLCI /08/ FBMKLCI-C FBMKLCI * 30/09/ FBMKLCI-H25 # ,350 FBMKLCI /04/ FBMKLCI-H27 # FBMKLCI /05/ FBMKLCI-H37 # ,387 FBMKLCI /06/ FBMKLCI-H43 # FBMKLCI /07/ H5 FBMKLCI-H5 # FBMKLCI /03/ FBMKLCI-H53 # FBMKLCI /08/ FBMKLCI-H59 # FBMKLCI /09/ HW FBMKLCI-HW # ,201 FBMKLCI /07/ C4 FGV-C FGV /03/ C6 FGV-C ,301 FGV /07/ GAMUDA-C GAMUDA /04/ GAMUDA-C GAMUDA /11/ CT GASMSIA-CT GASMSIA /08/ GENM-C GENM /05/ GENTINGC GENTING /03/ ^RM Currenc unless specified, # denotes put warrant * is ver low and Implied Volatilit is close to zero.

3 s Digest s issued b CIMB Bank Berhad 1 da Exercise s / Implied Volatilit Das to Date (d/m/) GENTING-C GENTING /05/ CN HAPSENG-CN HAPSENG * 30/08/ CO HAPSENG-CO HAPSENG * 31/05/ CR HAPSENG-CR HAPSENG /11/ CW IHH-CW IHH * 29/04/ CW IJM-CW IJM /05/ C6 IOICORP-C IOICORP /03/ C9 IOICORP-C ,819 IOICORP /12/ CW MAGNUM-CW MAGNUM /05/ C2 MAHSING-C MAHSING /09/ CG MALAKOF-CG MALAKOF /06/ CN MALAKOF-CN MALAKOF * 30/12/ CQ MAXIS-CQ MAXIS /06/ CT MAXIS-CT MAXIS * 30/12/ MAYBANKC MAYBANK /05/ MAYBANKC MAYBANK /12/ CX MHB-CX MHB /04/ CY MHB-CY MHB /11/ C5 MISC-C MISC * 30/12/ CY MISC-CY MISC * 31/03/ C1 MMCCORP-C MMCCORP /09/ CH MPHBCAP-CH MPHBCAP /05/ C5 MRCB-C MRCB /05/ CN MYEG-CN MYEG /08/ CT MYEG-CT MYEG /09/ CO PARKSON-CO PARKSON /05/ CP PARKSON-CP PARKSON /05/ C4 PBBANK-C PBBANK /06/ C6 PBBANK-C PBBANK /09/ C4 PCHEM-C PCHEM /05/ C6 PCHEM-C PCHEM * 30/11/ CZ PCHEM-CZ PCHEM /04/ CP PETDAG-CP PETDAG /06/ CQ PETDAG-CQ PETDAG /10/ CM PETGAS-CM PETGAS /06/ CU POS-CU POS /05/ CV POS-CV POS /10/ CU RHBCAP-CU RHBCAP /03/ C3 SIME-C SIME /09/ SKPETROC SKPETRO /03/ SKPETROC SKPETRO /08/ SKPETROC ,033 SKPETRO /09/ SUPERMX-C ,951 SUPERMX /10/ C7 SUPERMX-C SUPERMX /05/ TENAGA-C TENAGA /09/ ^RM Currenc unless specified, # denotes put warrant * is ver low and Implied Volatilit is close to zero.

4 s Digest s issued b CIMB Bank Berhad 1 da Exercise s / Implied Volatilit Das to Date (d/m/) TENAGA-C TENAGA /04/ TM-C TM * 30/11/ C6 TM-C TM /04/ UEMS-C UEMS /03/ UEMS-C UEMS /08/ UEMS-C UEMS /04/ CU UMW-CU UMW /05/ C3 UMWOG-C UMWOG /10/ CW UMWOG-CW UMWOG /06/ CY UMWOG-CY UMWOG /07/ CJ UNISEM-CJ UNISEM /07/ CX WCT-CX WCT /12/ CK WPRTS-CK WPRTS /04/ CN WPRTS-CN WPRTS /09/ C2 YTL-C YTL /05/ CS YTLPOWR-CS YTLPOWR /08/ ^RM Currenc unless specified, # denotes put warrant * is ver low and Implied Volatilit is close to zero.

5 s Digest 1 da CBBCs issued b CIMB Bank Berhad Exercise s / 0650JA FBMKLCI-JA FBMKLCI , , /03/ JB FBMKLCI-JB FBMKLCI , , /03/ Call Das to Date (d/m/) ^RM Currenc unless specified, # denotes put warrant * is ver low and Implied Volatilit is close to zero.

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Investors are advised to make their own independent evaluation of the information contained in this research report, consider their own individual investment objectives, financial situation and particular needs and consult th eir own professional and financial advisers as to the legal, business, financial, tax and other aspects before participating in an transaction in respect of the securities of compan(ies) covered in this research report. The securities of such compan(ies) ma not be eligible for sale in all jurisdictions or to all categories of investors. General: This report is not directed to, or intended for distribution to or use b, an person or entit who is a citizen or resident of or located in an localit, state, countr or other jurisdiction where such distribution, publication, availabilit or use would be contrar to law or regulation. Specificall, in relation to acquiring or disposing warrants as a form of investment, we urge ou to take note of the following risks associated with warrants trading:- (i) A purchaser of call warrants is subject to the risk of losing the full purchase price of the call warrant and all transaction costs. (ii) In order to realize an value from a call warrant, it is necessar to sell the call warrants or exercise the call warrants on or before their expir date. (iii) Under certain conditions, it ma become difficult to sell the call warrants. (iv) Upon exercise of the call warrants, the issuer ma settle its obligations via actual deliver of the underling assets, in ca sh or a combination of both depending on the terms of the issue of the call warrants. (v) The placing of contingent orders, such as stop-loss or stop limit orders, will not necessaril limit our losses to the intended amount. Market conditions ma not make it possible to execute such orders. (vi) The high degree of leverage that is obtainable from call warrants because of the small initial outla, can work against us as well as in our favour. (vii) The use of the leverage can lead to large losses as well as gain. (viii) This brief statement cannot disclose all risks associated with trading in call warrants