
Now that the rights $$$ has been received by company,maybe the mother shares may start creeping up so that the warrants to be listed will be worth the $$$,the warrant given free,exercise price 17cts over 5 years,theoreticaly is worth 4.5cts(21.5 mkt mother share price -17cts exercise price) as its CEO/MD Stanley Tan and major shareholders Hwarthorn Asset Management are supporting the share price
Closing date Sept 3 thur..if using ATM up to 9.30pm to apply
starlene wrote: |
Bought back the nil paid rights at 6.5cts,just need to pay 15cts and will be entitled to the warrants free |
Alligator ( Date: 24-Aug-2009 21:45) Posted:
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ATM, use OCBC or UOB,
or use ARE forms with cashiers order
so how to exercise the rights?
Alligator ( Date: 24-Aug-2009 21:25) Posted:
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EPS account cannot be used in Rights
Veteran if i have a EPS account with POSB/DBS can i exercise rights with POSB/DBS ATM?...
Alligator ( Date: 24-Aug-2009 10:05) Posted:
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China Auto Electronics another good penny
freeme ( Date: 13-Aug-2009 12:32) Posted:
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for those who are going to exercise the rights via ATM, please take not on important point:
POSB/DBS ATM is not participating bank, and thus cannot by used for exercising rights!!!
if your link to trading account via POSB/DBS ATM please go exercise early using ARE form and cashiers' order.
important time table
Commencement of trading of “nil-paid” rights : 20 August 2009 from 9.00 a.m.
Last day for trading of “nil-paid” rights : 28 August 2009 at 5.00 p.m.
Last date and time for renunciation and payment for Rights Shares with Warrants : 3 September 2009 at 5.00 p.m.
Last date and time for: (i) acceptance and payment for Rights Shares with Warrants; and (ii) excess application and payment for Rights Shares with Warrants : 3 September 2009 at 5.00 p.m. (9.30 p.m. for Electronic Applications)
Expected date for issuance of Rights Shares : 11 September 2009
Expected date for issuance of Warrants : 11 September 2009
Expected date for commencement of trading of Rights Shares : 14 September 2009
Expected date for commencement of trading of Warrants : 15 September 2009
bukit.s big cap.. freeme can afford to play pennies cap only..
im on golden.agri warrants n quite heavy on some china counters..
starlene ( Date: 13-Aug-2009 12:25) Posted:
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Bro freeme-thkas for the support,otherwise I talking to myself only-believe there are others who benefit from my call when YP was 37-39cts ha...
Are U in Bukit Sembawang Warrants already,will double yr $$$ by 2010-2011
also sold off n whack on it rights.. Will even buy more nidpaid rights when start trading..
Those who bought from 37-39cts base on my suggestion make $$$ liao .Even at 49cts last day cum rts price price not losing though theoretical ex-price is 24.7cts,don't forget U have 2 warranst free worth at least 6cts(23.5-17.5cts) as the warrants exercise price is 17.5cts over a 5 year period.Sold off all my Global Yellow Pages to pick up its rights and channel > $$$ inot Bukit Sembawang Warrants.
Buy Sembawang Warrants-substitute for its mother shares | ![]() ![]() ![]() |
Bukit Sembawang warrants $2.04 exercise price $2.30 expiry date 4-8-2011 ie U pay another $2.30,total $4.34 to get mother share,now trading at $4.29,slight premium only,worth it as U can buy 2000 warrants compared to 1000 mother shares.Still deeply undervalued,as its crown jewel land at Seletar Hill is recorded at histotical cost of $70mil verses mkt value $500mil, strong buy for its warrants,as it is more afforadble.Hong Leong Investment Hldgs,Aberdeen Asset Mgt and Credit Sussie are accumulating and converting the warrannts into mother shares as some activity was reported on JULY 29,AND 31,They have 12.6mil and 18.4mil and 18.4mil respectively...not too late to accumulate 13 Aug 2009 Singapore Bukit Sembawang Estates Result note - Timing issue - by Donald Chua (nonsense SP / BSES.SI, OUTPERFORM - Maintained, S$4.19 - Tgt. S$5.02, Property) nonsense's 1Q10 core net profit of S$1.4m was below expectations, forming only 4% of our full-year estimate. This was because recent sales of The Verdure and Luxus Hills Phase 1 have not been recognised: a timing issue. Net gearing fell from 2.2x in 4Q09 to 0.94x with the help of proceeds from its rights issue and a revaluation gain from its available-for-sale assets of S$6.4m. While management remains cautious on the sector outlook, we believe The Vermont and Phase 2 of Luxus Hills could be released next. We keep our earnings and RNAV estimates unchanged. Our target price, still pegged at a 25% discount to RNAV of S$6.69, remains S$5.02. The stock remains clearly undervalued given its vast low-cost land bank. Maintain Outperform. |
End of day sure green now, white now 50-50.5cts
freeme ( Date: 12-Aug-2009 10:05) Posted:
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ya.. the power part is warrants.. hehe
starlene ( Date: 11-Aug-2009 23:19) Posted:
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At 50cts not expensive given its rights at $0.15 plus 2 warrants free(ex price $0.175 over 5 years)
Hurrah let's huat together
freeme ( Date: 11-Aug-2009 17:08) Posted:
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you got it.. 0.5.. if can hit 0.54 den huat liao.. n wait for time to pick up its rights..
starlene ( Date: 11-Aug-2009 11:49) Posted:
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Inching up to 50cts level,just b4 Aug 13..
starlene ( Date: 09-Aug-2009 19:45) Posted:
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Sun Aug 09, 2009 7:08 pm Post subject: | ![]() ![]() ![]() |
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Marathon Asset Management and major shareholder,Ng Tiong Ger bought more Global Yellow Pages on 3 and 4 Aug respectively.Marathon Asset Management has increased its shareholdings to 11.083mil.The total paid up capital of Yellow Pages is only $158mil,hence limited scrips available to the public ![]() ![]() ![]() |