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One big buyer and one big seller fighting. Who will come out as eventual winner?
Just to share:
Interra Resources Limited - business
of petroleum exploration and production (E& P). four geographical areas:
Indonesia, Myanmar, Thailand and Australia.
Super Group - the Company owned more than 300 instant beverages and convenient food products available globally through a network of direct sales offices and distributors located in over 50 countries. As of December 31, 2011, the Company operated 14 manufacturing facilities in Singapore, Malaysia, the People’s Republic of China, Myanmar and Thailand.
TT International Limited - engaged in the trading and distribution of a range of electrical and electronics products, and retailing and wholesaling of seafood and related items
Yoma Strategic Holdings - development
of land, sale of private residential properties, agricultural, construction,
piling, as well as design and project management for real estate developments
in Myanmar and the People’s Republic of China.
Yoma R no more so mother Yoma free to move liao........
congrat for those vested.
Myanmar hope is back.......
Ya, Myanmar stocks lots of potential now... Missed on on Aussino. Looking at interra and waiting for a nice price to enter. Believe it can drop back to near 30c, but may enter higher, if momentum (upwards) picks up instead.
rutheone1905 ( Date: 19-Jun-2012 00:50) Posted:
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i love myanmar stocks.
i notice most myanmar related stocks r in red today.....usually such event is not coincidental since technically today should still be consider a Rally day.
in such situation i felt worried for myanmar stocks liao, may short it if the volume still remain low n move horizontally.
my myanmar counters refer to = Sin Heng, yoma, interra res, excl SuperGroup which rally well.
anyone can share if there is any counter into Myanmar businesses?
rutheone1905 ( Date: 04-Jun-2012 00:11) Posted:
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for those still having yoma share after XR date, u will receive letters from SGX telling u how many Rights u r entitled. wat u need to do is go to ATM to convert those rights at $0.24 to shares. if u dont want u can sell those rights in the market once it is ready to transact (usually > 0.24).
so the XR date simply means that u cant " enjoy" the cheap $0.24 conversion price if u dont have the shares.
the above can be done with cashier order if u dont have the bank acccount that is doing the ATM transaction.
summary, if u have the share when u read this u will have the rights given to u in letter from SGX telling u how many rights u get.
U really funny lay... Party already over then ask where is the location.
XR on 31 May, now u want also cannot get liao.
XR on 31 May, now u want also cannot get liao.
DummyA ( Date: 01-Jun-2012 18:21) Posted:
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RIGHTS OFFER OF 4 FOR 5 @ SGD 0.24 meaning for every 5 shares you bought before 31 may , they will give you minimum of 4 right shares for which for each right share , you will have to pay 24c to get a new yoma share by 22 jun 5pm . So if you have 10 lots of yoma before XR (31 may), you will be getting for free 8k right shares for which you will have to pay 24c x8k = $1.92 k to convert your right shares into 8 lots of new yoma shares by 22 june 5pm. if you got right shares thanks to your entitlement and not intending to pay 24c per share to convert them into new yoma shares , you should sell the rights into the market when they starts trading on the SGX exchange otherwise they become worthless when the trading of rights stops on 15 June 5 pm and you still don't want to convert by 22 June 5pm.. If you want to apply for free excess rights & convert them to shares , you can also fill in the form sent to you and submit with payment ( 24c per excess right applied for ) by 22 June 5pm or through electronic means(ATM) stated below. IMPORTANT DATES AND TIMES: Last date and time for splitting : 12 June 2012 at 5.00 p.m. Last date for trading of “nil-paid” rights : 15 June 2012 Last date and time for acceptance and payment : 22 June 2012 at 5.00 p.m. (9.30 p.m. for Electronic Applications (as defined herein) through ATMs (as defined herein) of Participating Banks (as defined herein)) Last date and time for renunciation and payment : 22 June 2012 at 5.00 p.m. Last date and time for excess application and payment : 22 June 2012 at 5.00 p.m. (9.30 p.m. for Electronic Applications (as defined herein))
pasted from http://sgxswinger.blogspot.sg/2012/05/yomas-rights-issue-rally-quick-punt.html
see http://sgxswinger.blogspot.sg/
in their excellent post on yoma , they added an explanation in the last para on the rights offer .
RIGHTS OFFER OF 4 FOR 5 @ SGD 0.24
meaning for every 5 shares you bought before 31 may , they will give you minimum of 4 right shares for which for each right share , you will have to pay 24c to get a new yoma share.
So if you have 10 lots of yoma before XR (31 may), you will be getting for free 8k right shares for which you will have to pay 24c x8k = $1.92 k to convert your right shares into 8 lots of new yoma shares.
if you are got right shares and not intending to pay 24c per share to convert them into new yoma shares , you can sell the rights into the market when they starts trading on the SGX exchange.
There is a very good reason why they send you all that paper before the rights issue is due. Go read to find ut who the handling bank is.. date due, etc. If you can't even be bothered to do such simple things... stay out of share investing.
DummyA ( Date: 01-Jun-2012 18:21) Posted:
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I have only 10 lots.. how many new right shares can I buy? is there a deadline for this? thanks
hooyou1312 ( Date: 01-Jun-2012 09:10) Posted:
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Today Myanmar play / trade in red on profit taking.
| 0.390 | -0.010cts | -2.5% | 1,337,000 | 362,000 | 0.385 | 0.390 | 64,000 |
for this case which ATM is handling? cos i see DBS dont have leh... or is it over already?
ChillX ( Date: 31-May-2012 23:53) Posted:
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Yes, your share holding will remain at 10 lots, though subscribing does give you a chance to average down on your cost, as the rights price per share is a cheap 24cents.
DummyA ( Date: 01-Jun-2012 02:12) Posted:
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Thanks for the update. Very useful.
hello123 ( Date: 01-Jun-2012 04:10) Posted:
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It's like Cland in sg but this is cland in myanmar and it's just started to grow.... A good bet for longer term.....
IJust to ask about his rights thing as I am clueless
If I am holding 10 lots of YOMA shares since a month back and i have no intention to subscribe to any rights shares
Will the original stock in my hand still be 10 lots today?
Can only use ATM for banks that are handling the rights issue. If not, must go get a cashier's order and send in.
hooyou1312 ( Date: 31-May-2012 13:30) Posted:
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yup! you are right.
2egg4kosong ( Date: 31-May-2012 14:51) Posted:
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