mother share will dilute further ... just like initially 2 spoon of milo in 250ml water ... taste good .... but if you add in another 1.5ltr of water ... the taste of milo is gone ... all left is just plain water taste ..
Toriamos go buy better counters. This one nobody sure lar. Go buy cimb, or mflour or Kpjhealthcare etc. Better don't be goonies trying to bet on this share..I think this counter is waste of time
where we subscribe or not.....all will be taken up by the big boys.......this game is not finished yet......worry about the OR for what.....a new chapter...keep the eyes open fully.
UMWOG OR risk is very low...if u subscribed. U cost is 30.5 then u get 1 UMWOG + 0.25 UMWOG WA. UMWOG WA will be at least 10c since the lifespan is 7 yrs with exer px of 0.395. U can make comparison with KNM WB with lifespan of 3+ yr and exer px around RM1 but selling at 8-8.5c...So overall...if UMWOG down below 28c everyone will lose money and u may be losing half cent to 1 cent....but long run when oil px surge beyond 60+..u definitely going to gain more than 100%...Counter with all the govt taiko fund to support, u know I know what happen later...C what happen with MBSB share px after right issue? More than 150% gain...the same also to Axiata right issue in 2008/09...Whenever with govt fund back-up, there is a gd chance.
Hi all Sifus, I'm little confuse here. I've bought 40,000 shares of UMWOG-OR @ 0.005. When I choose to exercise the right share, how much extra do I need to pay. Under the RSF, I shall fill up into the column to acceptance or excess applied?
JS Tong, if you have OR, then "Acceptance" column. Not Excess. Or you can call up registrar to confirm. I learnt my big mistake at dear cost last time.
The volume of rights ( 6 bil unit) is no joke!. It is still hard for UMWOG to turn profit next 2 qtrs. As the rental rate of rigs is very low now and for the foreseeable future, huge impairment for the rigs asset may be coming after right issue i.e. once they increase the capital to "sustain" the impairment. Better be safe .
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....
trulyamazing
10 posts
Posted by trulyamazing > 2017-09-28 16:16 | Report Abuse
if the OR stays at 0.005, there will be a massive under-subscription that the underwriters will have to take up.