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i agree with u aaaa66645
u go to sgx annoucement to see info,suspect secong banjoo,if this counter start to run too late liao
Why so aaaa6645?
hi adrian,y nt u chose nh ceramic better than this
I'm beginning to enjoy this. Some much knowledge from this forum....not forgetting the sound advises. Can anyone suggest where is a good place online to read up on investment techniques?
Bumpkin, there are no price fixed price on share. After the XR it could be back to present .095 or the closing date price..
Just see how strong vester willing to chase.. There are some stock issue 1 to 1 and after a few weeks its back to the same price.
Hi Bumpkin, share price will be around 5-7c after XR i think. If u buy b4 22 June, u will be entiltled foe the Rights shares. U can just execute a sell order in the open market when Rights shares r listed in the SGX. Anymore queries u can just email me at chipchip66@hotmail.com and i will be glad to help.
Penny stocks is in rule of the market... With the rights Teledata is offering, better position and more gain should appear.... We shall c...
That sound attractive!!! 20 lots for $1150 and if the share price is still at $0.10 after XR, then i'll make quite a handsome profit of $850. Correct me if i'm wrong here
If i buy the share on monday, do i still entitled for the right? And how do i sell away the right on the open market?
Hi bumpkin, you will be entitled for the rights if you hold after XR. If you bought 1 lot, you will be entitled to buy yr Rights for 1 lot at 1.5c per share. If you do not wish to buy the rights, you can sell away yr Rights through the open market.
If hold till XR
10 lots = $1000 and can buy 10 lots @ $150
You will get 20 lots for $1150.
Hi vic, 1 for 1 at 1.5c. XR on 22June.
Another potential "cheonger"?
Hi chipchip66,
Mind explaining how this right issue work? If i've 100 lot @ $0.10, so wat will happen if i buy the addition 100 lots based on the right issue and wat if i don't buy? What will be price be after CR date? What will the price be after XR date? If possible, an example to illustrate will be the best
Hi winson, i bot 300 lots at 7c when company announced rights issue. I believe 12-14c is a good price to let go and when price weaken around 9-10c, we can buy back again for the rights issue. After the rights, price should be around 5-7c depending on last day of CR date. As absolute price is cheap, there will be room for this stock to move again.
Better at the previous support line of 7c. So it 12c+.015 / 2.. hehe..
chipchip66, brought more ammo from happy feet??? What's your take on tis????
Hi Smltimer, 10.5c + 1.5c / 2 = 6c.
"If last day of CR price is 10.5c, then XR price should be at 6c. Can anyone confirm this?"
chipchip66, how do u come up with this?
Tow parallel lines up.. Looks like heading to .120 soon.
Penny stock rules.... furthermore, CR at 0.015 at 1 for 1 rights, sure cheong for the next two weeks.