Bangkok--29 Feb--Siam Commercial Bank
SCB Securities (SCBS) has introduced 6 new derivative warrants (DWs) based on underlying stocks in the construction services and building materials industries, which are projected to enjoy continued growth in performance results in 2016 given surging investment in mega-infrastructure projects under the government's policy naming 2016 as the Year of Investment. With tenors of 11 months, CK23C1701A, EPG23C1701A, ITD23C1701A, STEC23C1701A, TASC23C1701A, and TPIP23C1701A will be offered for sale in the form of call warrants.
With the introduction of the new DWs, investors will enjoy enhanced opportunities to profit while the Stock Exchange of Thailand (SET) index is rebounding. The DWs are very attractive because their gearing ratio is as high as 2.7-4 times, making them suitable for investors who are looking for higher yields than those offered by common stocks.
The DWs issued in this lot are suitable for short-, medium-, and long-term investors as they have tenors of 11 months. Since they are based on underlying construction stocks with high trading liquidity and low time decay, they offer a good chance for investors to earn the best returns. Currently SCBS has issued 58 call warrants and 12 put warrants better catering to the various needs of investors.
The call warrants, carefully selected based on underlying stocks with strong fundamentals, include derivative warrants for the following companies:
Call Warrants
1. CH. Karnchang PCL (CK23C1701A)
2. Easter Polymer Group PCL (EPG23C1701A)
3. Italian-Thai Development PCL (ITD23C1701A)
4. Sino-Thai Engineering & Construction PCL (STEC23C1701A)
5. Tipco Asphalt PCL (TASC23C1701A)
6. TPI Polene PCL (TPIP23C1701A)
In addition, SCBS will provide investors with a "Price Guideline" investment assistance tool featuring a table of buyback offers by market makers. With this tool, investors will be in a position to evaluate DW prices properly when comparing prices of underlying stocks and remaining tenors. Calculation is made using the Black-Scholes model under the assumptions established by market makers. DW prices will be guaranteed based on the buyback offer table under conditions set by market makers. Investors can study conditions and learn how to use the tool at www.scbs.com/th/product/product-dw23.
Interested investors can seek additional information by calling the SCBS Call Center at
02-949-1999, or by studying additional details on the 6 DWs at www.scbsonline.com or www.scbs.com/th/product/product-dw23