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Erm... what is actually means ah?
if lets say I'll to buy today, I'll only get the incoming dividends , but not the rights ?
or after i buy today ? i still can get the rights? sorry for this noob question
| yuping wrote: | ||
XR on 11 Aug. The current price of 0.48 to 0.485 is at the level so called terp(theoretical ex-Right price) even before XR. Is the " terp" realistic as given in OIS? According to the terp of 0.485 and exercised right sales price of 0.39, the value of the right would be about 0.09. But, based on the sentiment and current actual CTS' situation, how far would it be lower when the nil-paid R trading commence? |
Thks for the info...the theoretical ex price was calculated when co announced the rights issue,the price then was 53.5cts( 53.5x20+11x0.39)/31=0.48...hence based on current price of 48.5cts,the theoretical ex rights price shd be $0.45...
Funny today's teletex Cityspring CD should be CR..oh!! giving cash distributions 1.02cts for first qtr results ending 30June 30June 2011..so get the dividend and run...better ...believe when near ex rights may push back > 50cts..what's yr view?
In 2009..they push to 78cts when the the rights price was 48cts(1 for 1),the theoretical ex rights shd be 0.63..when ex it was 66-68cts,possible this time can also make $$$
I love this stock now!
Funny today's teletex Cityspring CD should be CR..oh!! giving cash distributions 1.02cts for first qtr results ending 30June 30June 2011
Fairygal ( Date: 02-Aug-2011 10:45) Posted:
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Invisible hands supporting at 49cts...
starlene ( Date: 28-Jul-2011 13:58) Posted:
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Attended as a proxy today...new ceo...most unit holders quite happy with the quarterly cash distributions...some even held since ipo at 87cts in 2007,but with all cash distributions and rights isuues,they claim don't lose$$$
starlene ( Date: 27-Jul-2011 15:17) Posted:
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Tmr AGM yesterday close high at 49cts
EGM is on Jul 28 Swissotel merchant Court while the rights issue EGM is on 8Aug DBS auditorium..looks like Temasek is supporting at 48cts always > 1million at BUY
starlene ( Date: 22-Jul-2011 14:40) Posted:
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EGM is on mon 8aug..ex rights on 11Aug
starlene ( Date: 21-Jul-2011 19:10) Posted:
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Those who have can wait a while > to sell,say current 48cts(20x$0.48+11x$0.39)/31=$0.4489theoretical ex rights price) shd trade normally above this when go ex.I guess bottom already at 48cts,the price of the previous right issue price in 2009.Not vested but quite tempting to go in at current price of 48cts
looks like support is 48cts cum rights.....may push higher to make take up rights successful.
this stock is not liek the US utilities. its basically a concession. no value there.
I had a chance to study this stock today and the price where BB is looking to buy again is at 0.46.
TheedgeSingapore article
http://kfc1973-stock.blogspot.com/2011/07/cityspring-leans-on-temasek-in.html
S& P Report
http://kfc1973-stock.blogspot.com/2011/07/cityspring-recent-developments-s.html
I am afraid downward correction begins!
agent_skali ( Date: 10-Jun-2011 16:50) Posted:
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0.535...yummy!
CitySpring Infrastructure Trust says it will distribute a DPU of 1.05 cents to its unitholders or a total of $10.3 million for the third quarter ended 31 December 2010 (3Q FY11). Total cash earnings from the three assets, City Gas Trust, SingSpring Trust and Basslink, was $17.9 million for 3Q FY11 compared to $10.9 million in the previous corresponding quarter.
/theedge/
yay this counter is rising up again..
Today is a Good Day to Buy CitySpring.
This is just a recommendation. I’ve no position in CitySpring.
Business: Investing in Infrastructure Assets Trust that Produce Town Gas and Supply Desalinated Water; In Singapore.
Now Trading at $0.550.
1. Chart shows that price reach a low and moving up with potential High of $0.615.
2. Just Bounded off its support at $0.540.
3. MACD in the mist of reversing upwards.
4. Stochastic already crossed and moving up. Still in oversold region.
5. Trust gives regular distribution.
6. Revenue and Cash Flow increase, while Profit maintained.
7. Price fall is due to possible downgrade of the Basslink’s bonds, which CitySpring need to set aside A$20m to maintain.
8. CitySpring has the support of Temasek, so I believe that in the mid to long term, it should be able to turn around.
Grade: 8.
Target Price: $0.615.
More on my Blog at Alex Trades.
This is just my personal analysis. You invest at your own risk.
Good luck to all.