How? For every 1000 share now, you entitled to 2000 share @ 20.0 with 1333 units of free warrant. Even at this price, ex-px will be 21.5 sen, warrant will be 8.0 -10.0 sen. if you thru the whole exercise, by coming out additional 40.0 sen, you have 3000 mother share and 1333 WB, total value is more than 75.0 sen (21.5 X 3000 + 8.0 x 1333), calculate backward, i.e. minus the rights issues cost of 40.0 sen, so you have 35.0 sen, think !
1S:2R and 3R:2W, yesterday closed price RM0.270 and right issue price 0.20. by calculation (0.27+ 0.20x2) / 3 = 0.67/3 = 0.223, how come the LACP is 0.215? I'm not sure whether the calculation was right or wrong, anyone can help please?
AI YO....So many people don't understand how to calculate the rights issues EX price, no wonder the share price drops like nobody business .... thank you for throwing it down. To those who dares, buy now before regretting later on. Ha ha ha...
Currently, the market is undergoing final wave of the bull run, beware of the major trend change / bearish reversal. It would be in hugh risk if we play on corporate exercising. The fact that it take 31 days (from the ceased date of entitlement to the date of listing), during thiese period, Capital from Rights Issue being tied up with Registrar. In the event of any TREND Changes, we are unable to take advantages of a better opportunity that may come along, ie, exercising protective stop orders. We would end up becoming a victim of BEAR Trap ~ Financially destroyed !!!! If our hand are itch right now, play the games of Breakout technique or compression break strategy. Tx
Sound like analyst from IB and research house, a lot of theories but fears, they will just tell us to buy this and that counter, they themselves dare not at all. One example .... Lee Cxxxx Hxxx who writes article in The EdgeDaily on Friday!
Setia2u: I am a full time trader actively participates in malaysia equities, hence I am only sharing my nowaday Market Feel. 2) agreeable with you that research house analysts, personal action is no in line with reports, as such, BEWARE is still the ultimate word.
yanxuan8: I also fully agree with you. Among the few rights issues I invested so far this. the profits are just amazingly good, counters like KIMLUN. IDEAL, IRETEX-LA, FURNWED, are just wonderful!
In New Straits Times page C23 today. Last day to pay Friday 5pm 22.8.2014. Number of market days between Monday 24.8.2014 and Thursday 4th Sept is 8 market days ! Friday 5th Sept, the Rights Shares will be listed.
Hi all, I have 30000 units for this stock. So how many rights/warrants that I entitled? free or need to pay? i am newbie in investment, can someone help?
If you want to be properly guided in trading Malaysia Equities market, you should engage an experience remisier, even though you trade online now. If trade through bank based online system, nobody will help you and guide you, the ones who can help you is probably just as inexperience as you are. Worse still, if they themselves don't know about the market well and no trading knowledge at all. Good luck.
Xiaomi, you will get 60k right issue and you need to pay 0.20 for each right issue if you want subcribe it, else, you can sell it at open market start from tomorrow, 8/8 in 1 week trading day. If You don't want to subcribe / sell it, no need to pay anything since you got it Free, so nothing to loss.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tiong
6 posts
Posted by Tiong > 2014-07-23 10:51 | Report Abuse
Thank You AT.