LantroVis   

Tiny view on Lantrovision

After XA, the price will drop as the earning is diluted by so many shares...

 

Hi Petegrin,

I think it is like this and stand to be corrected.

Special Dividend : 0.019 after 18% taxation deduction = $0.019*10,000=$190.00

10,000 shares as 1 share = 2 rights shares =  20,000*$0.013=$260.00

The dividend paid for holding 10k shares is $190.00

If you agree to the rights shares than you have to pay $260.00 for 20k shares. Which means an additional of $ 70.00 if offset from dividend $190.00 payable to you.

But your total shares would be 10k + 20k = 30k of LantroVision shares - good deal mate ? 

 

 

 

thanx joshlai86 for your explanation!! really appreciate it ...

so the dividend part will definitely be given to all shareholders? and you decide whether to apply for the rights or not, is this correct? or the shareholder have to decide whether he wants to dividend and rights?

following kodiak's explanation, if you have 10 lots, you get $23.17 * 10 = $237.10 for dividends.

then you exercise your rights by paying back $260 ???

so altogether you will now be holding 20 lots of the shares??

 

 

 

 

sorry to all rgd my previous.made a BIG mistake. XA date is this fri 31aug!so u got to hold at least until 31aug. i apologise agn for my earlier mistakes.

 

yes, mus hold until 5sept(XA date)!

 

Can anyone advise that I must hold on to my lantro shares till after 5 Sep so that I am entitle to special div and rights?????

 

golfgila.

 both resolution have been passed on 20 Aug EGM. u may want to refer to sgx.com for the announcment.
 

 

The proposed EGM, to vote on the Rights Issue and Special Dividend, For or Against was held on 20th Aug 2007. Would anyone comment if they attended the EGM, what was the outcome of the votes ? When would the official results and notice be sent to shareholders ?

 

medium to long term wise, i strongly encouraged ppl to hold onto this stock. becoz of the potential wiring contracts from IRs and construction boom. also,s'pore is gg ahead w its 2015 IT plan,so the cabling industry looks set for some gd growth. short term wise,market volatility and the impending rights issue may cause the share price to fluctuate abit. but growth wise, gd gd! my opinion la, use ur own judgement when trading :)

 

Thanks kodiak for the advice...but not to sure to continue keep the share or not...

 

simonking,

says if u bought 10 lots @0.175 = $1750

u exercise your rights for 2 rights for 1 share = u are entitled to 20,000 shares

therefore 20,000 @ 0.013 = $260

if u do an average down, u should get around $0.067 for your holdings.

after the cd & rights, expects the price to drop - looks at the previous post where joshlai86 has made an estimation of the price after the exercise. 

joshlai86 or any expert, correct me if i m wrong. 

 

Hi I have been away.  Has the company(LantroVis) sent any notice regard rights etc.  Am I to apply for the rights if any by a certain date. Pls help.  Thanks

 

joshlai86, I a beginner here, some Question to.ask. I invest in this share at .175 and should i take the dividend only or use to take up the right issue...and how much need to top up for obtain the right. Second is if after taking the right issue , will i make a lost or profit, Hope can give some advice ,thanks.

 

dividends are a share of the profits that u get from the company based on the amt of shares u own. it depends on whether the company wants to return its profits to shareholders or utilise it for future growth. rights are issued by company whenever they want to raise capital or enlarge their share base. in the case of lantro,the divvy is given to clear their sect 44 tax credits, and to reward shareholders n to retain the amt of cash fm the tax credits,they issue the rights shares so tt the company can retain the cash as well,while shareholders can buy more shares of the company at a lower price.usually the copmany wld send out the forms and circular.so long as u r holding the shares before the XA date,u will be allocated the rights and divvy.

 

i'm new and learning. just want to understand what's the difference of dividends and rights? 

why does the company give dividend and rights at the same time? 

and normally how do you opt in or opt out? is it some form is given to you to sign?

 

-- really a beginner :)

 

   BIGHEAD,

Thank-you

 

 

Thanks BIGHEAD.....



 

 

limhpp,

Based on what I know, you are entitled to both the dividends and rights. And, you can use the dividends to pay for the rights and pay the difference.  However, you may opt not to exercise the rights but just take the dividends.

Hope this helps.

 

awchyeong,

It is $23.17 for 1000 shares

1000 shares is = 1 lot



Anyone know about the Rights? If we opt for the dividends, will we be entitled to the Rights as well?

 

Div. 1000 share = 0.02317 cts x 1000 = 23.17 cts. This is $0.23. right?