TM made an impressive performance after stock split, up RM0.49 to RM3.54 from it reference price at RM3.05 while TMI reference price at RM7.85. TMI will be list in Bursa Malaysia this Monday. Based on analyst, the TM reference price a bit lower than expected while TMI is higher than their expectation. TM traded at a very heavy volume due to the lower reference price and promised dividend up to 90% of it profit.
TM also allocated new 138 million shares as its proposed employees share option scheme (ESOS).
Today I have added special calculator for TM/TMI esos to be use by TM/TMI staff for the purpose of calculate their profit. However this calculation is applicable for those who trade using CIMB iTrade.
Let’s say you purchased one lot of TM stock at RM9.70 on September 27. On Monday the stock opened at RM10.20 and you managed to buy another lot at that price. On the afternoon, the price jumped to RM11.00. Since the price is very high and you thought that it’s high enough, you decided to sell it. How much do you get from this contra trading?
Since the stock purchased in different date, the day number must be different.
Wow, very interesting number.