Post Reply
21601-21620 of 23260
Some BB wanted to exit genting in the morning thats why the morning push was stopped and switch to defensive mode. Of course la if BB can buy cheaper why not :)
Anyway Hold :) More Action will come
HUAT AH 8888
teeth53 ( Date: 17-Sep-2009 19:28) Posted:
|
Ended lower to $1.08 (1.08x5+0.80)/6=average $1033.33ct n traded Summary
| Time | Last | Volume | Bid/Ask |
| 17:05:02 | 1.080 | 6,678,000 | B |
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 1.080 | 730 | 34,711,000 | 34,711,000 | 0 | 0 |
| 1.085 | 1 | 200,000 | 0 | 200,000 | 0 |
| 1.090 | 1,118 | 53,685,000 | 26,560,000 | 0 | 27,125,000 |
| 1.095 | 1 | 300,000 | 0 | 300,000 | 0 |
| 1.100 | 620 | 19,744,000 | 11,763,000 | 202,000 | 7,779,000 |
| 1.110 | 632 | 9,554,000 | 2,046,000 | 0 | 7,508,000 |
| 1.120 | 7 | 757,000 | 0 | 0 | 757,000 |
| TOTAL | 3,109 | 118,951,000 | 75,080,000 | 702,000 | 43,169,000 |
teeth53 ( Date: 17-Sep-2009 16:27) Posted:
|
The worst part is a bad drop that make u: Ren bu de Jia. (that hope won't come truth)
Buy after XR lah is the better choice.
<$1.00 unlikely BB will support all the way
nickyng ( Date: 17-Sep-2009 17:52) Posted:
|
well..your eyes dont drop if it starts trading tomor < $1 :D
Sorry too fast, on history should start 0.93. 
On paper, tomorrow should start at 1.03.
On history, when Ah Lim sold his shares and down about 15 cts, tomorrow should start at 0.88. (fengshui number??)
on the lighter note...fengshui...
Genting likes auspicious dates...090909 trading halt. 18th, trading XR. 28th (280909) till 6th (061009) trading of nil paid rights...and so on.
What's next? acquisition, licence, what's the possible auspicious dates (working days) remaining this year? your guess is as good as everybody else's.
The 1.08 queue is drying up soon...
Siao liao 1.08ct, profit taking n alot let going liao.
At 1.10 average strike px, after ex-right.($1.10 x 5) + ($0.80 x 1)/6 = average $1.050
Note: less for right trading 1.10 - 0.80 = right 0.30ct
teeth53 ( Date: 17-Sep-2009 16:21) Posted:
|
Can buy at more than 30% discount, can make 30% lohh...Haut Ahhh.. now trading 1.09
maxcty ( Date: 17-Sep-2009 16:14) Posted:
|
teeth53 ( Date: 17-Sep-2009 15:11) Posted:
| By this date between 28 Sep to 6 Oct. U can choose to sell if U do not wish to convert. Note for every 1,000 share or 1 lot U own. U have 200 right shares provide for U,or give to U, (oni 200 shares). 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 window allows you to sell away your nil-paid rights |
U sell on this date and between this 28 Sep to 6 Oct. ur 400 shares at open market px mean what it is been trade on R200, ur remain 1,000 share (one lot) wait for form send to U lohh.
rebeccaleong ( Date: 17-Sep-2009 15:58) Posted:
|
then can start buying at this price?? i looking at 80c at least.
iPunter ( Date: 17-Sep-2009 15:49) Posted:
|
if you chooose not to buy 3 more lots, you can still sell off the odd lots (e.g. the 400 units of right) in the market. This is because on rights issue, they will usually set up temporary odd lots counters for trading for a period of time. Like what teeth53 has mentioned, a 200 odd lot counter will probaby be up on the day the rights are trade-able.
you may also choose to purchase nil-paid rights from the market after ex-rights date,
Alternatively, you may opt to over-subscribe to the rights, to 2000 units instead of the 1400 you're entitled, however, the 600 units is on a case to case basis.
Even if they do not setup a temporary counter for odd lots trading, you may ask your broker to sell off on your behalf.
Hope this helps, if i'm wrong, please correct me :)
What if i dont buy 3 lots, am i still entitle 1400 units of right? how to i sell the 400 units? Maybe i should sell 2 lots n remain 5 lots n get i right? Thks
Possibly will tank a lot around closing time...
Now still at this price, Ooo better be careful. XR normally will cost at least 0.10 to 0.20 loh.
Don't play play loh.
Who knows, tomorrow morning this one may drop to 82c...
Simply U are correct to said that is very correct when U buy 3,000 more share or 3 lots, only good for today, for today is last day to buy / sell and wait for Gentin SP to send form to ur home for U to subcribe for 2,000 right share at 0.80ct x 2 ($1,600/-)
rebeccaleong ( Date: 17-Sep-2009 15:17) Posted:
|