logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Forex Investor Insights Investment News Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   121-140 of 307   Older>   Last  
Latest Forum Topics / Oceanus    Last:0.007    +0.001  Post Reply
Oceanus
God_of_War
Member
25-Apr-2010 00:21     
 
God_of_War About Contact  Quote this Post! Style: Combined   Mood: happy
  x 0
  x 0

 Alert Admin 		oic, thanks fr the info

Busta1      ( Date: 25-Apr-2010 00:19) Posted:

It's pro-rata allocation, not ballot.  So you will definitely get something if you apply, question is how much.

God_of_War      ( Date: 25-Apr-2010 00:15) Posted:



That mean is like ti-gan/ lucky draw. Than no point buy for the sick of it.

Wait got stuck.........
 Useful To Me  Not Useful To Me
Busta1
Member
25-Apr-2010 00:19     
 
Busta1 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		It's pro-rata allocation, not ballot.  So you will definitely get something if you apply, question is how much.

God_of_War      ( Date: 25-Apr-2010 00:15) Posted:



That mean is like ti-gan/ lucky draw. Than no point buy for the sick of it.

Wait got stuck.........
 Useful To Me  Not Useful To Me


novicealex
Member
25-Apr-2010 00:18     
 
novicealex About Contact  Quote this Post! Style: Technical   Mood: cool
  x 0
  x 0

 Alert Admin

In my opinion, there should be a gap up in the Monday opening as there is a "BIG" gap in the last traded price from TDR and Singapore.  Stated very clearly in the announcement, it will be no more than 10% discounted from the "average" traded price.  So we need to checkout the average trading price since the last announcement which is 12 Apr 2010 till Application Closed Date (tentatively 7 May 2010).  As for Monday onwards, I foresee our side here will try to match around 15-10% discount of the Taiwan trading price.  Thus there is still quite a substantial upside on this counter for the next 2 weeks.

Congrats to all die-hard fans.
 Useful To Me  Not Useful To Me
God_of_War
Member
25-Apr-2010 00:15     
 
God_of_War About Contact  Quote this Post! Style: Combined   Mood: happy
  x 0
  x 0

 Alert Admin

That mean is like ti-gan/ lucky draw. Than no point buy for the sick of it.

Wait got stuck.........
 Useful To Me  Not Useful To Me
God_of_War
Member
25-Apr-2010 00:09     
 
God_of_War About Contact  Quote this Post! Style: Combined   Mood: happy
  x 0
  x 0

 Alert Admin

Sure got such good things a not. Hahaha..........bu lau er huo.

Buy 0.38 n get pay at 0.54 rate.

I don't think they are guu-do.........hehe
 Useful To Me  Not Useful To Me


Busta1
Member
25-Apr-2010 00:07     
 
Busta1 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

It will not hit so high so soon because

1) Only 150 mil shares are being converted to TDR, so not every applicant will get full allocation. 

2) We don't know what is the issue price yet until the bookbuilding is over. But I believe it should be > 50cts. 



E-war      ( Date: 24-Apr-2010 23:53) Posted:

0.54? So good, wouldn't stock price chiong on Mon to this px?
 Useful To Me  Not Useful To Me
E-war
Veteran
24-Apr-2010 23:53     
 
E-war About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		0.54? So good, wouldn't stock price chiong on Mon to this px?
 Useful To Me  Not Useful To Me
Busta1
Member
24-Apr-2010 23:40     
 
Busta1 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Yes you are correct on both counts.

cysnotts      ( Date: 24-Apr-2010 17:24) Posted:

Thanks Busta1.

1) I can only apply for what I have on hand only right?

2) I see. Basically I am selling to the Taiwan investors at the issue price. I will get $$$ for the shares I sold to them right.

Must consider the expense allocated for this conversion and also the long wait [around 8 wks] for the conversion.

Thanks 



Busta1      ( Date: 24-Apr-2010 05:03) Posted:

Concept of the TDR conversion is this:

- Polaris is the underwriter in Taiwan. They will do bookbuilding exercise to gauge the demand from TW investors and then determine the final issue price. This issue price cannot be more than 10% discount to the average traded price in TW over a fixing period.  The announcement never say when is this period but it should be the few days before or during the bookbuilding.

- This means if the average traded price is 60cts, then the final issue price must be more than 54cts.

- Assume issue price is 54 cts and u apply and get full allocation.  There is no need to top up anything. Your shares will be converted to TDR and you will get 54cts for every share, less the fees.

- Your shares will no longer belong to you, since it has been "purchased" from you at 54cts and then placed out to TW investors.  Therefore you cannot decide when to sell it in TW, nor have the need to do that.

 
 Useful To Me  Not Useful To Me


cysnotts
Member
24-Apr-2010 17:24     
 
cysnotts About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

Thanks Busta1.

1) I can only apply for what I have on hand only right?

2) I see. Basically I am selling to the Taiwan investors at the issue price. I will get $$$ for the shares I sold to them right.

Must consider the expense allocated for this conversion and also the long wait [around 8 wks] for the conversion.

Thanks 



Busta1      ( Date: 24-Apr-2010 05:03) Posted:

Concept of the TDR conversion is this:

- Polaris is the underwriter in Taiwan. They will do bookbuilding exercise to gauge the demand from TW investors and then determine the final issue price. This issue price cannot be more than 10% discount to the average traded price in TW over a fixing period.  The announcement never say when is this period but it should be the few days before or during the bookbuilding.

- This means if the average traded price is 60cts, then the final issue price must be more than 54cts.

- Assume issue price is 54 cts and u apply and get full allocation.  There is no need to top up anything. Your shares will be converted to TDR and you will get 54cts for every share, less the fees.

- Your shares will no longer belong to you, since it has been "purchased" from you at 54cts and then placed out to TW investors.  Therefore you cannot decide when to sell it in TW, nor have the need to do that.

 



cysnotts      ( Date: 24-Apr-2010 00:44) Posted:



PROPOSED PROGRAMME FOR THE CONVERSION OF UP TO 150,000,000 EXISTING ORDINARY SHARES OF THE COMPANY INTO TAIWAN DEPOSITORY RECEIPTS TO BE LISTED ON THE TAIWAN STOCK EXCHANGE

http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements

Any recommendation to convert to TDR ?

1) I dont quite understand on the issue price to be fixed [not more than 10%]. Does it mean that if you own 1000 share at $0.38, then if the issue price is fixed at $0.6, do we need to top up ?

2) On the expense portion, anyone can advise whether conversion is worth while?

3) Once listed in Taiwan, how do we sell it? via UOBKH ? Or any brokage house?

Thanks for any advise 
 Useful To Me  Not Useful To Me
pharoah88
Supreme
24-Apr-2010 17:19     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		the  RETURNS  are  much  much  much  better  than  COSCO  and  YANGZIJIANG  recently
 Useful To Me  Not Useful To Me
pharoah88
Supreme
24-Apr-2010 17:17     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

S$0.54 0  is Xtremely gOOd  deal.  [What an  Opportunity ? ?]

S$0.540 - S$0.380 = S$160.  WOW  WOW  WOW ? ? ?

I  will  buy  sOme  mOre  at  S$0.380  On  Monday  tO  make  the  cOnvertiOn  wOrth  WHiLE.

When will  i  get   the  CONVERSION   FORM ? 



Busta1      ( Date: 24-Apr-2010 05:03) Posted:

Concept of the TDR conversion is this:

- Polaris is the underwriter in Taiwan. They will do bookbuilding exercise to gauge the demand from TW investors and then determine the final issue price. This issue price cannot be more than 10% discount to the average traded price in TW over a fixing period.  The announcement never say when is this period but it should be the few days before or during the bookbuilding.

- This means if the average traded price is 60cts, then the final issue price must be more than 54cts.

- Assume issue price is 54 cts and u apply and get full allocation.  There is no need to top up anything. Your shares will be converted to TDR and you will get 54cts for every share, less the fees.

- Your shares will no longer belong to you, since it has been "purchased" from you at 54cts and then placed out to TW investors.  Therefore you cannot decide when to sell it in TW, nor have the need to do that.

 



cysnotts      ( Date: 24-Apr-2010 00:44) Posted:



PROPOSED PROGRAMME FOR THE CONVERSION OF UP TO 150,000,000 EXISTING ORDINARY SHARES OF THE COMPANY INTO TAIWAN DEPOSITORY RECEIPTS TO BE LISTED ON THE TAIWAN STOCK EXCHANGE

http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements

Any recommendation to convert to TDR ?

1) I dont quite understand on the issue price to be fixed [not more than 10%]. Does it mean that if you own 1000 share at $0.38, then if the issue price is fixed at $0.6, do we need to top up ?

2) On the expense portion, anyone can advise whether conversion is worth while?

3) Once listed in Taiwan, how do we sell it? via UOBKH ? Or any brokage house?

Thanks for any advise 
 Useful To Me  Not Useful To Me
myjw2010
Member
24-Apr-2010 08:37     
 
myjw2010 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		I wonder will it chiong up again on monday.....hahaa
 Useful To Me  Not Useful To Me


Busta1
Member
24-Apr-2010 05:03     
 
Busta1 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

Concept of the TDR conversion is this:

- Polaris is the underwriter in Taiwan. They will do bookbuilding exercise to gauge the demand from TW investors and then determine the final issue price. This issue price cannot be more than 10% discount to the average traded price in TW over a fixing period.  The announcement never say when is this period but it should be the few days before or during the bookbuilding.

- This means if the average traded price is 60cts, then the final issue price must be more than 54cts.

- Assume issue price is 54 cts and u apply and get full allocation.  There is no need to top up anything. Your shares will be converted to TDR and you will get 54cts for every share, less the fees.

- Your shares will no longer belong to you, since it has been "purchased" from you at 54cts and then placed out to TW investors.  Therefore you cannot decide when to sell it in TW, nor have the need to do that.

 



cysnotts      ( Date: 24-Apr-2010 00:44) Posted:



PROPOSED PROGRAMME FOR THE CONVERSION OF UP TO 150,000,000 EXISTING ORDINARY SHARES OF THE COMPANY INTO TAIWAN DEPOSITORY RECEIPTS TO BE LISTED ON THE TAIWAN STOCK EXCHANGE

http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements

Any recommendation to convert to TDR ?

1) I dont quite understand on the issue price to be fixed [not more than 10%]. Does it mean that if you own 1000 share at $0.38, then if the issue price is fixed at $0.6, do we need to top up ?

2) On the expense portion, anyone can advise whether conversion is worth while?

3) Once listed in Taiwan, how do we sell it? via UOBKH ? Or any brokage house?

Thanks for any advise 
 Useful To Me  Not Useful To Me
cysnotts
Member
24-Apr-2010 00:44     
 
cysnotts About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

PROPOSED PROGRAMME FOR THE CONVERSION OF UP TO 150,000,000 EXISTING ORDINARY SHARES OF THE COMPANY INTO TAIWAN DEPOSITORY RECEIPTS TO BE LISTED ON THE TAIWAN STOCK EXCHANGE

http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements

Any recommendation to convert to TDR ?

1) I dont quite understand on the issue price to be fixed [not more than 10%]. Does it mean that if you own 1000 share at $0.38, then if the issue price is fixed at $0.6, do we need to top up ?

2) On the expense portion, anyone can advise whether conversion is worth while?

3) Once listed in Taiwan, how do we sell it? via UOBKH ? Or any brokage house?

Thanks for any advise 
 Useful To Me  Not Useful To Me
pharoah88
Supreme
23-Apr-2010 09:52     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 1

 Alert Admin 		INVESTMENT  UNIVERSE

ZERO  SUM  GAME

At every PRiCE  POiNT,  there are bOth  Buyers and Sellers.

WithOut hindsight, bOth Buyers and Sellers are RiGHT.

bOth Buyers and Sellers  are  nOt  wrOng.

nO Buyer wOuld BUY  if  One thinks  that  PRiCE  will  FALL.

nO Seller wOuld SELL if  One thinks  that  PRiCE  will RiSE.

If  all Buyers think that PRiCE  will  FALL,  nObOdy  buys  and PRiCE falls and falls till ZERO.

If  all Sellers think that PRiCE  will  RiSE,   nObOdy  sells  and PRiCE RiSES and  RiSES  till  INFINITY. 

It is all a matter  of  PERSONAL  PERSPECTIVES

bOth  Buyers and  Sellers have

EXACTLY  THE  SAME  OBJECTIVE

PROFITS

bOth  Buyers and  Sellers  NEVER  AIM  tO  lOse  
 Useful To Me  Not Useful To Me
pharoah88
Supreme
22-Apr-2010 18:27     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		  ENJOY  ABALONE   

  Shun Zi says,

"To WIN, One must  NEVER lOse"

"pOsitiOn  Oneself  WHERE  One  WiLL  NEVER  lOse"
 Useful To Me  Not Useful To Me
pharoah88
Supreme
22-Apr-2010 18:20     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		BEWARE  iLLUSiON

AWARE  SELLTRAP

dOn't  bE  fOOlEd
 Useful To Me  Not Useful To Me
pharoah88
Supreme
22-Apr-2010 18:16     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

 ENJOY  ABALONE 


Thursday:  22 APRIL  2010  CLOSING

17,881,000   S$0.380   +S$0.005

S$0.370           164,000

S$0.375        5,843,000    (2,969,000  BfS)

S$0.380      11,804,000    (6,074,000  BfS)

S$0.385             70,000         (70,000  BfS)

15:09:16       S$0.380   3,010,000   BOUGHT  frOm  SELLER

 XTRA  STRONG  underCurrent 

S$0.380
 Useful To Me  Not Useful To Me
pharoah88
Supreme
22-Apr-2010 11:51     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		BEWARE  iLLUSiON

AWARE  SELLTRAP

dOn't  bE  fOOlEd
 Useful To Me  Not Useful To Me
joseah
Member
22-Apr-2010 10:45     
 
joseah About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

The Question is ....

 

Will it goes up any sooner?

 

SIGH
 Useful To Me  Not Useful To Me
                                                         First   < Newer   121-140 of 307   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.