are you sure of this....those who entitle rights will piss off , they rather buy from market...
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
teeth53 ( Date: 24-Sep-2009 19:15) Posted:
After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
teeth53 ( Date: 24-Sep-2009 19:15) Posted:
After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
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What? No. It works out to be the same. Those who buy those nil pay rights still have to pay $800 to convert each lot into actual shares.
As it is, those who bought the stock and waited for CR to become XR is making a killing. kc6164 ( Date: 24-Sep-2009 19:52) Posted:
are you sure of this....those who entitle rights will piss off , they rather buy from market...
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
teeth53 ( Date: 24-Sep-2009 19:15) Posted:
After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
teeth53 ( Date: 24-Sep-2009 19:15) Posted:
After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
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Thanks, limkt009, I will now try to buy back what I hv sold previously, hopefully can get back all my holdings. limkt009 ( Date: 24-Sep-2009 19:46) Posted:
| You can apply any amount of excess rights you wish as long as you are able to commit with payment but they may not fully allot the amount you applied. The excess payment after additional allotment will then be paid into your bank account.
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are you sure of this....those who entitle rights will piss off , they rather buy from market...
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
teeth53 ( Date: 24-Sep-2009 19:15) Posted:
After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
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You can apply any amount of excess rights you wish as long as you are able to commit with payment but they may not fully allot the amount you applied. The excess payment after additional allotment will then be paid into your bank account.
Is it possible to apply access rights for more than double the amount of your rights share alotted to you?
If my calculation give wrong info or wrongly calculated, Please feel free to wrong my mistake..Ya, co's just trying to distribute n share info oni. Other Sifu''s can help, most weclome.
thk Qs in advance teeth53 ( Date: 24-Sep-2009 19:15) Posted:
After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800-$350=$450, paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
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After Oct 6, (Tues) time to payup for whatever px been bot for every R_200 share
Oni for EG: if mother share now trades at $1.15, the nil-paid rights (Genting-SP R_200) should be trading at $1.15 - $0.80 = $0.35ct ($350/-)
Oni for EG: For every R_200 share held $800- $350=$450 , paying up by this date: 12 Oct
Read those fine word that Gent SP form is sent to U on how to make payment.
_________________________________________________________Thk Qs, hope it help
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
Just some interesting info for sharing....Ya.
12 Oct
Those holding nil-paid rights have to pay up ($0.80 per share) by this date for subscriber for the allotted rights shares. If you do not wish to subscribe, make sure you sell away your nil-paid rights between 28 Sep and 6 Oct. If you still have them as of this date for whatever reason, do yourself a favour and pay up. Don't become a dumb donkey by keeping all your nil-paid rights and then not subscribing for the rights shares, because the nil-paid rights become worthless after 12 Oct!
28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time either you sell away your nil-paid rights or buy every R200 to topup to 1,000share(1lot)
23 Sep
If you were in possession of any mother shares crossing into 18 Sep, your ownership will be registered by CDP by this date at the latest. Based on this record, you will receive your nil-paid rights, (also called renounceable rights or provisional rights). These will be deposited into your CDP account before 28 Sep. Nil-paid rights give the owner the choice to accept the rights shares at the issue price of $0.80. You do not have to pay for nil-paid rights, and they are yours to trade (sell) starting from 28 Sep. Trading of nil-paid rights begins,
Happy trading, (For short term till 12-10-2009)
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Uncle AK's math calculation is very useful... I only chip in to offer him Carlesberg... hehehe... 
Ha ha, just a recap for R issue, exp for newbies:
Gent SP R issue is 5 for 1, henceforth, d odd lot is 200 shares.
For above matter, commences fr R trading on 28 ds mth to 6 Oct, likely u will see a new counter ie, Gent SP R200 just below Gent SP R
As such, one lot of Gent SP 200 will cost $160.00(0.80 x 200). Whereas a lot of Gent SP R is worth $800(0.80x1000).
Hence, if u now hv, say 3 lots of Gent SP, b4 ER 18 Sep, then u r entitled 600 Gent SP R. CDP will send u d notive fr 28 onwards. So bet 28 Sep to 21.30 12 Oct 09, u may buy up 2 lots of Gent SP R200($320.00) to round up your entitled 600 shares. Ds new one lot will be added into your ext 3 lots to make CDP holding as 4 lots.
If u choosen to opt out d offer, then u hv to sell your entitled R of 600 shares bet 28 Sep to 6 Oct 09.
Finally, then u may decide to sell your 4 lots after d R trading XD on 13 Oct 09. 2Ys apply loh.
Excess R appl. If u r given 5 R issue, u may apply another 5 excess lots of R, if u think that d counter got potential to cheong or strengthen. Otherwise, tikam 2 or 3 excess lots for cheap thrill loh.
Above r AK view only, may not be right. Other sifus may chip in their views as well.
AK leaving desk liao, as tonite got colleague retirement dinner. Needs to go back camp to take a leave, as drink dun drive, d matter. Cheers. loyfam88 ( Date: 24-Sep-2009 11:35) Posted:
Got a question... what if you have odd lots and forgot to apply for excess to round up to nearest lot???? How to buy the odd lot in the market??? |
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Genting Go Go Go .................
Got a question... what if you have odd lots and forgot to apply for excess to round up to nearest lot???? How to buy the odd lot in the market???
yes, always request the excess to round up to a complete lot or else may have difficulty to sell later on. u may even try yr luck to ask for more, sometime u will get it too. belle_08 ( Date: 24-Sep-2009 09:08) Posted:
Hi all,
Hope you are all doing well. Erm.. sorry was busi working. Din really got chance to log in here... See that everyone is doing well... I miss many boats i think....
Btw, for the rights... Will they send us letter to subscribe? Got to top up if it is not to nearest lots right? Else i will be the dumb donkey soon.... Can anyone advise? :) |
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Nice font used...
Hi all,
Hope you are all doing well. Erm.. sorry was busi working. Din really got chance to log in here... See that everyone is doing well... I miss many boats i think....
Btw, for the rights... Will they send us letter to subscribe? Got to top up if it is not to nearest lots right? Else i will be the dumb donkey soon.... Can anyone advise? :)
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