Bangkok--14 Jun--Maybank Kim Eng
Maybank Kim Eng launches 13 new Derivative Warrants (DW) on 14 June 2012 to offer investment alternative for derivative products and these DW link to interesting underlying stocks from various sectors such as ICT, banking, foods, energy, transportation and agriculture. These new 13 DW are TRUE42CA, TRUE42PA, BBL42CD, BBL42PA, KBAN42CD, KBAN42PA, KTB42CC, KTB42PA, CPF42CC, CPF42PA, ESSO42CC, THAI42CC, STA42CD.
Mr. Montree Sornpaisarn, CEO, Maybank Kim Eng Securities (Thailand) PLC. (MBKET) said that the company will offer 13 new DW which are 8 Call Warrants and 5 Put Warrants and all new DW will start trading on 14 June 2012.
8 Call Warrants are:
Call Warrants on TRUE issued by MBKET #A (TRUE42CA)
Call Warrants on BBL issued by MBKET #D (BBL42CD)
Call Warrants on KBANK issued by MBKET #D (KBAN42CD)
Call Warrants on KTB issued by MBKET #C (KTB42CC)
Call Warrants on CPF issued by MBKET #C (CPF42CC)
Call Warrants on ESSO issued by MBKET #C (ESSO42CC)
Call Warrants on THAI issued by MBKET #C (THAI42CC)
Call Warrants on STA issued by MBKET #D (STA42CD)
5 Put Warrants are:
Put Warrants on TRUE issued by MBKET #A (TRUE42PA)
Put Warrants on BBL issued by MBKET #A (BBL42PA)
Put Warrants on KBANK issued by MBKET #A (KBAN42PA)
Put Warrants on KTB issued by MBKET #A (KTB42PA)
Put Warrants on CPF issued by MBKET #A (CPF42PA)
MBKET offers these 13 new DW by selecting interesting and popular underlying stocks and these DW have around 6-8 month maturity life. DW are designed for investors to trade at the right timing. To invest in derivative warrants, investors should analyze the direction of the underlying stock correctly. If analyzing that the underlying stock will go up, investors will purchase Call Warrants. On the other hand, if analyzing that the underlying stock will go down, investors will purchase Put Warrants. Moreover, investors can follow MBKET’s research paper “Derivatives Warrant Strategy” to evaluate the value of DW every day through KELive Research. DW price can quickly move up or down in relation to the underlying stock but DW price will move in a wider range than the underlying stock. Therefore, investors should readjust investment strategy in DW continuously and study and follow the price of underlying stocks all the time.
Derivative Warrants — Call Warrants for 8 series are as follow:
DW Underlying Stock Exercise Price (Baht) Exercise Ratio Last Trading Day
TRUE42CA TRUE 2.9 0.5 17 Dec 12
BBL42CD BBL 150 0.025 17 Dec 12
KBAN42CD KBANK 120 0.025 17 Dec 12
KTB42CC KTB 12.2 0.2 17 Dec 12
CPF42CC CPF 31 0.1 17 Dec 12
ESSO42CC ESSO 7.5 0.2 11 Feb 13
THAI42CC THAI 17 0.2 11 Feb 13
STA42CD STA 12 0.2 11 Feb 13
Derivative Warrants — Put Warrants for 5 series are as follow:
DW Underlying Stock Exercise Price (Baht) Exercise Ratio Last Trading Day
TRUE42PA TRUE 4.5 0.5 17 Dec 12
BBL42PA BBL 200 0.025 17 Dec 12
KBAN42PA KBANK 170 0.025 17 Dec 12
KTB42PA KTB 18 0.2 17 Dec 12
CPF42PA CPF 46 0.1 17 Dec 12