Latest Forum Topics / Wing Tai Last:1.12 -- |
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Wing Tai
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ilovebull
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13-Nov-2007 16:37
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now I am also very afraid whenever the counter I am holding is going to have rights issue... Most of the time, the price will start to fall.... and fall... and fall.... sigh.... | |||||||||||||||||||||||||
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limhpp
Veteran |
13-Nov-2007 12:09
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Ya, don't know exactly what happen. It started to drop further since after the Rights. |
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chunster
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13-Nov-2007 11:42
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Anyone has any news on this stock? It's been dropping like crazy..Think this stock should worth much more. | |||||||||||||||||||||||||
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syrix11
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13-Nov-2007 10:12
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Hi TianDi Thanks for the clarification. I guess I missed the dividend and the rights since I bought it on 1 Nov and that's the ex date... I bought it at $3.22... very high ah... sian... |
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Sporeguy
Elite |
13-Nov-2007 09:19
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Repost part of the posting "UOB-KH not a bear market....." from the STI tread 4. We think sticking to core blue chips would be the best strategy. Banking stocks would be good bets. DBS at S$20.00 would be at a technical support level and close to 1.5X FY07 P/B. SingTel is well supported at S$3.80 and if should hold if it breaks at S$3.70. As such, the S$3.70-3.80 range would be a good entry range. Resistance is at S$4.10. SGX is supported at S$14.00 and a break at S$13.70-13.80 should offer support. We also like developers, Wing Tai and Ho Bee at S$2.75-2.79 and S$1.75-1.78 respectively. |
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jackjames
Elite |
12-Nov-2007 16:24
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2.62 now ? wow.. can anyone tell me what is Wingtai R price of 0.57 now? what is the opening price initially? i mean the IPO, is it 2.05 ? | |||||||||||||||||||||||||
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jackjames
Elite |
12-Nov-2007 09:50
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2.72, lelong lelong.. | |||||||||||||||||||||||||
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cranberry
Member |
11-Nov-2007 16:48
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Can any Master advise, $2.84, a good buy ? |
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jackjames
Elite |
07-Nov-2007 21:22
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today once dropped to 2.82 is way too much... hmm... | |||||||||||||||||||||||||
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Sporeguy
Elite |
07-Nov-2007 19:39
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Can we consider the price of WT as : $3.46 (closing price before Xall) - 8c = $3.38 $3.38 /1.1 (bcos of 10% rights) = $3.07 as the price (basing only on price factor) |
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tiandi
Senior |
02-Nov-2007 17:30
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syrix11, 1. no, total div is 33 cents (3+5+special 25 cents) because the 20.5 cents is nett, so it is actually 25 cents less 18%=20.5cents. You may see these as two parts 2. First part, 8 cents less tax, this shall be in Cash, if you already own the shares and eligible for dividend. 3. second part, the net (already deduct tax) 20.5 cents, this special dividend is for subscribing to 1 for 10 Rights at its Rights Issue Price of $2.05 each. The meaning of 1 for 10 rights is the owner of Shares are given a RIGHT ENTITLEMENT to subscribe 10% of their share holdings at a Rights Issue price of S$2.05. the owner can choose to subscribe, or just collect the 20.5 nett dividend. For example, if you already have 10000 shares, you are entitled the dividend of 10000*0.205 net= S$2050 and this can be used to pay for the 1000 Rights Share costing exactly S$2050. If you choose to subscribed, eventually after CDP process the application and successful, the owner will have total of 11000 shares. Hope this helps. |
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syrix11
Member |
02-Nov-2007 16:53
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Can anyone advise what is meant by below? is it total $0.285 dividend less tax? what does that rights offer of 1 for 10 means? Thanks
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Manikamaniko.
Master |
02-Nov-2007 15:54
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Regardless of the XALL, property stocks are in for the worst battering eg. WingTai, Ho Bee, etc... The downtrend started some time ago, that is if you follow and read the charts.. |
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jackjames
Elite |
02-Nov-2007 15:54
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what singaporeguy said is correct, yesterday drop is not too many. imagine 3.46 - dividend (0.33) = yesterday should drop to 3.12 range, but it didn't... meaning, if you buy now at 3.02, actually u are buying 3.02 + 0.33 = 3.36 last week, and remember, it was 3.38 last week.. so, the price is just "so-so", not a very bargain price to be honest.. but again, for long run, you will see 3.50, 3.80 EASILY. |
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Sporeguy
Elite |
02-Nov-2007 15:39
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It was Xall on 1st Nov 2007 i.e yesterday, not today. | |||||||||||||||||||||||||
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Manikamaniko.
Master |
02-Nov-2007 15:05
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In any case, since property sentiment is bad since recently, it's better to avoid property counters until a sector reversal is obvious... ![]() |
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Manikamaniko.
Master |
02-Nov-2007 15:02
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It's XALL day. |
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skyrunner
Member |
02-Nov-2007 14:48
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Got 10 lots yesterday at 3.24 leh.. then today got another at 3.12 to average out... y drop so much? | |||||||||||||||||||||||||
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jackjames
Elite |
02-Nov-2007 14:37
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3.02! the price is really really very cheap! | |||||||||||||||||||||||||
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kiwi77sg
Member |
25-Oct-2007 09:25
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HEY, THIS COUNTER GIVING GOOD DIVIDEND, BUT HOW COME NOT MUCH BUYING ? AMY IDEA ? | |||||||||||||||||||||||||
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