LKH Sp   

Special Dividend

Yes , holding to my shares, this reaction will blow over soon enough.

this is slight correction so got no worry.

 

make a paper loss of S$800 !! Anyone tends to continue to hold this counter ?

 

dips to 80cts !

 

Hi trymyluck & liverpoolfc, thank you for your reply, 

 sorry for my late thanks as i was just back from a weekend holiday on an island with no internet, no reception, no nothing,

hehe, it feels great near nature to clear your mind.


 

 

Thanks trymyluck,

Will hold these for a while ... ride on the strong sentiment in the construction sector

 

liverpoolfc.
why do u think people drove the price from $ 2 per share all the way to $2.6 per share.
they all wanted the freebie being offered.
yes as of july 11th, u can sell the rights share which u were given with no money outflow from your pocket for $0.845 cents as of july 13th.there is no distinction between right or mother share from july 11th. it just becomes ur share which u can share with others for a price.

good luck.

 

Can someone advise.

got letter from CDP about the rights are already updated into account

Does this means we can sell these rights at the current mothershare price?

Of course I am not selling just yet,,,, plan to hold it till next year .

 

Sohguanh, waiting at 30 cents. I think you are dreaming. I will buy from you at 70+ cents. 

 

ryantka , I agreed with trymyluck  -  ppl are selling their rights .

Be patient, next 2-3 years are good for counters like LKH, yongnam, CSC , liang beng and Tiong woon,

I am vested and going to ride the uptrend in construction + property counters

 

 

hi ryantka,

  rights issue results just out.
people selling off all their bonus shares this week plus property sector this week quite. so BB not going to buy up.

just my 2 cents.

 

Hi, there's something puzzling me, LKH is worth more than its current value of 80+cents even after taking into account the stock split,  but its not rising.

other companies like L**B and Y*N which are worth much less than their current value are rising.

I was wondering the actual cause of this, is it the market sentiment towards these lower priced counters creating a herding among speculators who rush in to jack up the prices, in turn leading more people to rush in?


if you compare LKH's financial statements with other construction companies, you see the big difference in earnings and cashflow.

but the share price simply does not justify it. Can anyone enlighten me on this?


 
 

 

trymyluck: izit? hmmm.... i tink i buy stocks is like go wet market like tat always lookin for the cheapest deal. i may face rejection but persistence will pay off as in sellers too much stock cannot take back home else will rot away so sell cheap cheap lelong to me this kind of cheapskate customer hahahha.... but i pay them real cash for their goods leh i no borrow monies ok so i tink i fair customer? :)

 

sohguanh. i think stock market is so crazy sometimes even the remotest chance might fall to u.
like today some of the guys out bargain hunting might have caught a good harvest.
i was waiting for Ho Bee at a certain price, i thought i wont get it and went 1 price higher and what happens, it falls even below my first price.

 

Thanks, Investsmart
checked and already in as today.

 

trymyluck: yes still waiting. it is quite a remote chance it will goes to 30 cents but as usual I can juz give up and try other stocks. such a pity isn't it?

 

confirm that the rights shares have been updated.
so if u want to sell today u can, since July 13th comes before T+3 .
anyone want to predict a support price for the counter so can buy again?
sohguanh u still there waiting at 30 cents ?

 

Official date is 13 july.  However, you can login to CDP to verify, it has been updated since this morning.

 

hi SJ members,

anyone know when the Right shares will be credited to CDP account?

Thanks

 

No concern at all, it gone up fast last week  .  Expected dipping a little now,

Will start moving up again next week .

 

 

what causes the dip today ? It's 88cts now.