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Likely xd date: don't know. If you check the SGX's website for announcement by this company, you may be able to find it. Normally the company will send out a circular to inform the existing share holders of their entitlements. The share holders will have to apply if they are interested in the Warrants. They can use ATM to apply like IPO shares.
Nobody can tell how the price of the mother shares will move. It depends on how the investors view the issue of warrants and how the company is going to use the funds raised. As it is, the discount given to the price of the warrants (to the mother shares) is about 5%. Not very attractive. But on the other hand, it could mean the company is confident in meeting the fund raising target without dishing out huge discount which could depress the price of the mother shares.
Overall, my view is this is a neutral move- no great impact either way (negative or positive). If you are taking a 3 yrs view, the likely chance of the mother share price going well abvoe 50 cts is very high.
Newguy1 ( Date: 26-Sep-2010 01:38) Posted:
I forgot to ask, in yr view do u think on the day of Falcon's XR date for tis warrant, is it the mother share likely to drop just like in typical XD dividends cases or u think in this case should be no effect on the mother share price compared to the day before it XR?(Assuming we don't consider other external factors like DOW the nite before & the sti sentiment on the date of Falcon's XR for tis 10 ct warrant)
Newguy1 ( Date: 26-Sep-2010 00:31) Posted:
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When is this XD date for this warrant rights likely to be?
Is it if even i hold my falcon shares till after XR date but i don't go to the atm to subscribe for this 10 ct falcon warrant(the same way we subsribe at atm for ipos) by the xd date, it means i will not get the warrant? So it's not automatically deposited into our cdp account just like dividends are automatically GIRO into our bank account |
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I forgot to ask, in yr view do u think on the day of Falcon's XR date for tis warrant, is it the mother share likely to drop just like in typical XD dividends cases or u think in this case should be no effect on the mother share price compared to the day before it XR?(Assuming we don't consider other external factors like DOW the nite before & the sti sentiment on the date of Falcon's XR for tis 10 ct warrant)
Newguy1 ( Date: 26-Sep-2010 00:31) Posted:
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When is this XD date for this warrant rights likely to be?
Is it if even i hold my falcon shares till after XR date but i don't go to the atm to subscribe for this 10 ct falcon warrant(the same way we subsribe at atm for ipos) by the xd date, it means i will not get the warrant? So it's not automatically deposited into our cdp account just like dividends are automatically GIRO into our bank account
beidou ( Date: 26-Sep-2010 00:22) Posted:
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Let me try:
The ratio is 1 warrant for every 5 lots of Falcon Shares u owned. If you have 6 lots of Falcon shares, u will be alotted 1.2 lots (1200) of warrants. At 10 cts per warrant, you will have to pay $120 for these warrants if you are prepared to take up the offer ie to subscribe to them.
These are only warrants, not shares. You can convert them to Falcon shares within 3 yrs from date of issue. The conversion cost is 40 cts per share.
So your total cost per new Falcon share (if you subscribe to the warrants and then convert them to mother shares within the next 3 yrs), will be 50 cts each.
It will be profitable to you to take up the warrants if the mother shares trade above 51cts in the open market. |
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When is this XD date for this warrant rights likely to be?
Is it if even i hold my falcon shares till after XR date but i don't go to the atm to subscribe for this 10 ct falcon warrant(the same way we subsribe at atm for ipos) by the xd date, it means i will not get the warrant? So it's not automatically deposited into our cdp account just like dividends are automatically GIRO into our bank account
beidou ( Date: 26-Sep-2010 00:22) Posted:
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Let me try:
The ratio is 1 warrant for every 5 lots of Falcon Shares u owned. If you have 6 lots of Falcon shares, u will be alotted 1.2 lots (1200) of warrants. At 10 cts per warrant, you will have to pay $120 for these warrants if you are prepared to take up the offer ie to subscribe to them.
These are only warrants, not shares. You can convert them to Falcon shares within 3 yrs from date of issue. The conversion cost is 40 cts per share.
So your total cost per new Falcon share (if you subscribe to the warrants and then convert them to mother shares within the next 3 yrs), will be 50 cts each.
It will be profitable to you to take up the warrants if the mother shares trade above 51cts in the open market.
Newguy1 ( Date: 25-Sep-2010 00:30) Posted:
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can you or someone kindly explain to me what this whole warrants right issue mean for me?
I'm a young guy & only recently i started dabbling in shares.
I own 6 lots of Falcon Energy , fully-paid-up.
So can kindly explain to me what does this rights thingy means for my this 6 lots of falcon? |
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yup... u explained well..
;)
beidou ( Date: 26-Sep-2010 00:22) Posted:
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Let me try:
The ratio is 1 warrant for every 5 lots of Falcon Shares u owned. If you have 6 lots of Falcon shares, u will be alotted 1.2 lots (1200) of warrants. At 10 cts per warrant, you will have to pay $120 for these warrants if you are prepared to take up the offer ie to subscribe to them.
These are only warrants, not shares. You can convert them to Falcon shares within 3 yrs from date of issue. The conversion cost is 40 cts per share.
So your total cost per new Falcon share (if you subscribe to the warrants and then convert them to mother shares within the next 3 yrs), will be 50 cts each.
It will be profitable to you to take up the warrants if the mother shares trade above 51cts in the open market.
Newguy1 ( Date: 25-Sep-2010 00:30) Posted:
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can you or someone kindly explain to me what this whole warrants right issue mean for me?
I'm a young guy & only recently i started dabbling in shares.
I own 6 lots of Falcon Energy , fully-paid-up.
So can kindly explain to me what does this rights thingy means for my this 6 lots of falcon? |
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Let me try:
The ratio is 1 warrant for every 5 lots of Falcon Shares u owned. If you have 6 lots of Falcon shares, u will be alotted 1.2 lots (1200) of warrants. At 10 cts per warrant, you will have to pay $120 for these warrants if you are prepared to take up the offer ie to subscribe to them.
These are only warrants, not shares. You can convert them to Falcon shares within 3 yrs from date of issue. The conversion cost is 40 cts per share.
So your total cost per new Falcon share (if you subscribe to the warrants and then convert them to mother shares within the next 3 yrs), will be 50 cts each.
It will be profitable to you to take up the warrants if the mother shares trade above 51cts in the open market.
Newguy1 ( Date: 25-Sep-2010 00:30) Posted:
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can you or someone kindly explain to me what this whole warrants right issue mean for me?
I'm a young guy & only recently i started dabbling in shares.
I own 6 lots of Falcon Energy , fully-paid-up.
So can kindly explain to me what does this rights thingy means for my this 6 lots of falcon?
freeme ( Date: 24-Sep-2010 23:29) Posted:
| generally i feel is postive.. but see hw mkt react.. scarli it cheong..
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can you or someone kindly explain to me what this whole warrants right issue mean for me?
I'm a young guy & only recently i started dabbling in shares.
I own 6 lots of Falcon Energy , fully-paid-up.
So can kindly explain to me what does this rights thingy means for my this 6 lots of falcon?
freeme ( Date: 24-Sep-2010 23:29) Posted:
generally i feel is postive.. but see hw mkt react.. scarli it cheong..
choonmng ( Date: 24-Sep-2010 20:52) Posted:
| Anyone can advice on the warrant issue? |
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generally i feel is postive.. but see hw mkt react.. scarli it cheong..
choonmng ( Date: 24-Sep-2010 20:52) Posted:
| Anyone can advice on the warrant issue? |
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Anyone can advice on the warrant issue?
Today is a Good Day to Buy FalconEne. A Marine and Oil & Gas Service Company.
Now trading at $0.530.
1. Price Channel is changing from Sideway to Uptrend Channel, with Potential High $0.650.
2. Just bound off its Support Level at $0.510.
3. MACD lines have crossed and moving up.
4. Stochastic at 51% and also moving up.
5. Price is moving to cross MA30, another Bullish Signal.
6. Directors are slowly Buying up the company shares, show of confidence in the company.
7. Revenue, Profit and Cash Flow for YoY are pretty good.
8. Company clear all its debt in 2009, this is something I really like.
9. Dividend of $0.005, XD on 17 Sep. I expect the price to fall slightly after that date, but the future is good.
FalconEne is my choice for today, but you can also Buy DairyFarm 900US$ and SCGlobal if you like.
This is my personal analysis. You invest at your own risk.
Good luck to all.
Thanks AK_Francis, for drawing my attention to this counter.
Didn't notice this until yesterday.
After doing some research, I really like this counter.
Just brought some this morning and may load more.
I'll recommend this to anyone looking for a good stock that has not run up yet.
Not easy to find a counter like this in this very high market.
Good luck to all.
AK_Francis ( Date: 14-Sep-2010 22:59) Posted:
Marine activities, ie shipping or ship building, r seeing lights ahead. Dun take Spore
as exp, must look at global market as a whole.
It declined fr 0.59 since mid Jul. So far, making avg above 15 mil USD yrly since 07.
Its last 1 H secured 16.126 PFAT, a very encouraging report. Its mainly due to earning
n revenue up 36.1% n 35.5% resp, mainly also due to contribution fr marine division
as a result of optn of addn vessels. Anyway, no calling, for info only. Cheers. |
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Sori, FalconEne's not in my watch list. I really din monitor except my Meiban Gp left...
Actually, AK_Franics' rite... U can take his advices although smtimes he's alittle drunk...
Hehehehehe...
('',)
Snappers ( Date: 14-Sep-2010 22:46) Posted:
| Mr.Bon3260, is it the time to go long for falcon now? thanks in advance...
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you are crazy.
u did not see I wrote ' for casual reference meh'.
Also I noticed for the past few years certain brokerages, their tp is very accurate while other brokerages are very excellent reverse indicators. One need to know the tp is given by which brokerage, example I purposely bot cosco at 1.20 when got 1 brokergae gave a sell call with tp of 60odd cts a few mths ago & i bot yzj at 1.30 when another brokergae gave a buy call on yjz at the same time, I'm still holding both my cosco & yzj as of now
AK_Francis ( Date: 15-Sep-2010 01:15) Posted:
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If u serious, joke a side, closed 0.51 since 1 Sep till today of 0.525. High 0.54 n low 0.52, vol 4k. Wat u think?Dun trust the MFT's TP on low n high. You hv to decide yourself. On the other hand, if u keep on asking, then myself give your money to fund manger to manage for u, solve all the hassles.
PS. If MFT says, low TP is 0.49 n high is 0.55, so wat u can do?
bh704428 ( Date: 15-Sep-2010 00:40) Posted:
| just for casual reference, does anyone know of any price target by analysts for this falcon energy? |
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If u serious, joke a side, closed 0.51 since 1 Sep till today of 0.525. High 0.54 n low 0.52, vol 4k. Wat u think?Dun trust the MFT's TP on low n high. You hv to decide yourself. On the other hand, if u keep on asking, then myself give your money to fund manger to manage for u, solve all the hassles.
PS. If MFT says, low TP is 0.49 n high is 0.55, so wat u can do?
bh704428 ( Date: 15-Sep-2010 00:40) Posted:
| just for casual reference, does anyone know of any price target by analysts for this falcon energy? |
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just for casual reference, does anyone know of any price target by analysts for this falcon energy?
Marine activities, ie shipping or ship building, r seeing lights ahead. Dun take Spore
as exp, must look at global market as a whole.
It declined fr 0.59 since mid Jul. So far, making avg above 15 mil USD yrly since 07.
Its last 1 H secured 16.126 PFAT, a very encouraging report. Its mainly due to earning
n revenue up 36.1% n 35.5% resp, mainly also due to contribution fr marine division
as a result of optn of addn vessels. Anyway, no calling, for info only. Cheers.
Mr.Bon3260, is it the time to go long for falcon now? thanks in advance...
not so strong leh...it may drop below 0.525 or close at 0.525 today
Cheong Ah!!!
('',)
Bon3260 ( Date: 09-Sep-2010 08:32) Posted:
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Snappers,
I dunno cos I din set tis as my Watch List...
- If today FalconEne close 0.515, means dwn trend liao.
- If today close lower dan 0.500, means BBs r 跑路.
- If today close 0.525 or higher, means ydae was monkey shows done by BBs.
But I'll chose no. 3
('',)
Snappers ( Date: 08-Sep-2010 21:01) Posted:
| Mr.Bon3260, do you mean that this counter gonna be in downtrend mode? thanks...
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i think next week falcon go XD.
Altho it's dividends not say a lot, but it's dividend is still better than the highest FD rate the banks pay for 1 year FD. Not to mention the potential capital appreciation of it's share price
Mr.Bon3260, thanks again for your explaination.. the way you explain fills with humor
and never fails to make me having a good laugh... thanks very much...
