Bangkok--27 Oct--Siam Commercial Bank
SCB Securities (SCBS) has introduced 10 new derivative warrants (DWs) based on underlying stocks with promising prospects for both short and long term investment.
With tenors ranging from 5-12 months, UV23C1503A, SRIC23C1505A, TPIP23C1505A, ADVA23C1505A,IVL23C1505A,BCH23C1507A, BANP23C1510A, EGCO23C1511A, BTS23C1511A, and PTTE23C1511A will be offered for sale in the form of call warrants.
The time decay of the new warrants is low, so investors need not waste much time value. With the gearing ratio of the warrants being around 3 times or higher, they are suitable for both short- and long-term investment.
In addition, SRIC23C1505A is considered a single DW based on the underlying stock of Sriracha Construction PCL, listed on the Stock Exchange of Thailand
So far, SCBS has issued 49 call warrants and 12 put warrants, better catering to the various needs of investors. The new DWs will begin trading on the SET on October 28, 2014.
The call warrants, carefully selected based on 10 underlying stocks with promising prospects, include derivative warrants for the following companies:
1. Univenture PCL (UV23C1503A)
2. Sriracha Construction PCL (SRIC23C1505A)
3. TPI Polene PCL (TPIP23C1505A)
4. Advanced Info Service PCL (ADVA23C1505A)
5. Indorama Ventures PCL (IVL23C1505A)
6. Bangkok Chain Hospital PCL (BCH23C1507A)
7. Banpu PCL (BANP23C1510A)
8. Electricity Generating PCL (EGCO23C1511A)
9. BTS Group Holding PCL (BTS23C1511A)
10. PTT Exploration and Production PCL (PTTE23C1511A)