Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
|
|||
matthewsoh
Senior |
17-Jun-2009 10:29
|
||
x 0
x 0 Alert Admin |
Dont worry , if you have done your calculation and you find it profitable to sell today , you may do so... You are entitled to your $1.3 for 750 shares if you own 1000 shares. It will take two days(19th) to realise the transaction so that is why the record date is two days later.(ifyou sell today , they will record you as sell on 20th ) As long as you follow XR date , you may sell now. But do do your calculation ya.. cos if anyone bot at 1.7 region , you may not benefit if you sell now. So please remember to do your calculation hehe.. cheers. NOL suffers a stagant price during the so called CR period due to the negative market force. This may lead to the fact that NOL maybe so called cheaper than expected. If there is rally coming these two weeks , NOL may soar in prices during the nil paid right trading period. Maybe .. nia.. haha
Hope this helps
|
||
Useful To Me Not Useful To Me | |||
tanyagary
Member |
17-Jun-2009 10:24
|
||
x 0
x 0 Alert Admin |
Thanks 'Alligator" much appreciated for taking the time to explain | ||
Useful To Me Not Useful To Me | |||
|
|||
Alligator
Veteran |
17-Jun-2009 10:14
Yells: "learning from past " |
||
x 0
x 0 Alert Admin |
What the real meaning of EX-rights is TRADING is now EXCLUDE- Rights. This date is most important to remember. If you HOLD shares on yesterday, you are already an entitled shareholders ( to the rights isse). So if you SELL (mother shares) today on Ex-Rights date, you SELL shares without rights, which means you keep the rights. However you must exercise by paying 1.30 before the closing date 8 July, else on its expiry its value is equal to zero. BCD is date for them to enter to their registers so as they can determine who is entitled , then they mail the documents to these entitled shareholders. |
||
Useful To Me Not Useful To Me | |||
tanyagary
Member |
17-Jun-2009 09:55
|
||
x 0
x 0 Alert Admin |
If I sell NOL today the 17th do I lose the entitlement to buy the rights 1 .30 or do have to wait till the 19th to get rid of the mother share. Please help I am getting a bit confused with the record date/ book closure etc | ||
Useful To Me Not Useful To Me | |||
dealer0168
Elite |
16-Jun-2009 18:53
|
||
x 0
x 0 Alert Admin |
Exit with some kopi money (some profit) first. 2nd thought tell me to come bk later for this baby as its Right value not cheap after all. |
||
Useful To Me Not Useful To Me | |||
|
|||
matthewsoh
Senior |
16-Jun-2009 17:02
|
||
x 0
x 0 Alert Admin |
Poor timing for NOL releasing CR but anyway .. no loss is good gain . | ||
Useful To Me Not Useful To Me | |||
dealer0168
Elite |
16-Jun-2009 12:49
|
||
x 0
x 0 Alert Admin |
Some joker packing at (selling at) $1.70, preventing this baby to proceed further. Weird.... |
||
Useful To Me Not Useful To Me | |||
sureesh40
Senior |
16-Jun-2009 08:42
|
||
x 0
x 0 Alert Admin |
Is it possible to short this counter on XR date | ||
Useful To Me Not Useful To Me | |||
|
|||
ly1968
Member |
16-Jun-2009 01:33
|
||
x 0
x 0 Alert Admin |
Ok thks dealer0168
|
||
Useful To Me Not Useful To Me | |||
matthewsoh
Senior |
15-Jun-2009 22:47
|
||
x 0
x 0 Alert Admin |
yup ... CR last day tmr .. Great Singapore sale , buy 4 get 3 at 1.3 .. haha .. NOL this counter becomes defensive stocks these few days... No big loss is big gain haha |
||
Useful To Me Not Useful To Me | |||
dealer0168
Elite |
15-Jun-2009 21:29
|
||
x 0
x 0 Alert Admin |
Shares trade “ex-rights” : 17 June 2009 (Wed) Tomorrow last date to get into this baby (for the $1.30 Right). | ||
Useful To Me Not Useful To Me | |||
ly1968
Member |
15-Jun-2009 21:16
|
||
x 0
x 0 Alert Admin |
When is the XR date ? | ||
Useful To Me Not Useful To Me | |||
|
|||
dealer0168
Elite |
15-Jun-2009 19:28
|
||
x 0
x 0 Alert Admin |
Ooo the range too high. I thk cannot hit even $1.90. And tomorrow is the CR last date, sian. But also good lah, XR that time maybe it at most may drop to $1.55/ $1.50...... Up less drop less.....maybe |
||
Useful To Me Not Useful To Me | |||
dealer0168
Elite |
15-Jun-2009 19:22
|
||
x 0
x 0 Alert Admin |
But wrong CR date. I believe this baby won't go beyond $2 during the CR period. | ||
Useful To Me Not Useful To Me | |||
iPunter
Supreme |
15-Jun-2009 13:29
|
||
x 0
x 0 Alert Admin |
This one is the star of the whole market!...
|
||
Useful To Me Not Useful To Me | |||
dealer0168
Elite |
15-Jun-2009 12:59
|
||
x 0
x 0 Alert Admin |
Movement not fast, maybe bc today market not good. | ||
Useful To Me Not Useful To Me | |||
bunnypop
Member |
15-Jun-2009 09:36
|
||
x 0
x 0 Alert Admin |
NOL still same as Friday leh ... | ||
Useful To Me Not Useful To Me | |||
monstar83
Member |
12-Jun-2009 10:17
|
||
x 0
x 0 Alert Admin |
Scary lei. Another thing that i tink abt the sell down is bcos today friday, people are worry that HSI will be profit taking day, so dont dare to hold. I think the price of NOL should increase but amt of increase maybe limited to a certain extent.( Economic Uncertainty) |
||
Useful To Me Not Useful To Me | |||
maxcty
Master |
12-Jun-2009 10:02
Yells: "always a learning day for me in trading" |
||
x 0
x 0 Alert Admin |
XR on the 19June..meaning I can only apply the rights and excess after 19 June, correct? | ||
Useful To Me Not Useful To Me | |||
rodney301
Member |
12-Jun-2009 10:01
|
||
x 1
x 0 Alert Admin |
it could also be a huge shortsell. Make all of you small investors scared and start selling your stocks at a low price. Then at a certain price, price will shoot up real fast as they replenish the shorted volume. | ||
Useful To Me Not Useful To Me |