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21621-21640 of 23260
Between this date your 7,000 shares regardless of whatever px U had paid, are give the right to sell your, for every 1,000 share held (U own), u are given 200 right, so in all U own 1,200 right shares on ex-right dated Sept 18, 2008 (Friday).
rebeccaleong ( Date: 17-Sep-2009 15:04) Posted:
Hi, very confused by reading sell now then buy right issue at $0.80. Anyone pls enlightened.. I have 7 lots. 5 at 0.65 and 2 at 0.84. What options do i have? Thks
teeth53 ( Date: 17-Sep-2009 14:48) Posted:
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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 to subscribe 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 window allows you to sell away your nil-paid rights
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,
For example, if the mother share now trades at $1.00, the nil-paid rights should be trading at $1.00 - $0.80 = $0.20
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Is my best option to buy 3 more lots today n get 2 rights? Thks.
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
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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
Hi, very confused by reading sell now then buy right issue at $0.80. Anyone pls enlightened.. I have 7 lots. 5 at 0.65 and 2 at 0.84. What options do i have? Thks
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 to subscribe 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 window allows you to sell away your nil-paid rights
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,
For example, if the mother share now trades at $1.00, the nil-paid rights should be trading at $1.00 - $0.80 = $0.20
teeth53 ( Date: 17-Sep-2009 13:11) Posted:
Ur average for 90 lot is $670.85 per 1,000 share with ur right of 15lots, U must then apply as much as possible to increase to 100 lots simply B'cos it strike px is at 0.80ct, if U have spare cash, and if U buy from open market. It won't be at 0.80ct, to buy up 10 lots morefrom open mkt, likely ur new average px is about 0.710ct, still it is extreme good and wait for new news rumour to arrive. Good to work out ur budget and don't put all egg into one basket.
At 1.10 average strike px, after ex-right.($1.10 x 5) + ($0.80 x 1)/6 = average $1.050 |
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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 to subscribe 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 window allows you to sell away your nil-paid rights
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,
For example, if the mother share now trades at $1.00, the nil-paid rights should be trading at $1.00 - $0.80 = $0.20
teeth53 ( Date: 17-Sep-2009 13:11) Posted:
Ur average for 90 lot is $670.85 per 1,000 share with ur right of 15lots, U must then apply as much as possible to increase to 100 lots simply B'cos it strike px is at 0.80ct, if U have spare cash, and if U buy from open market. It won't be at 0.80ct, to buy up 10 lots morefrom open mkt, likely ur new average px is about 0.710ct, still it is extreme good and wait for new news rumour to arrive. Good to work out ur budget and don't put all egg into one basket.
At 1.10 average strike px, after ex-right.($1.10 x 5) + ($0.80 x 1)/6 = average $1.050 |
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Ur average for 90 lot is $670.85 per 1,000 share with ur right of 15lots, U must then apply as much as possible to increase to 100 lots simply B'cos it strike px is at 0.80ct, if U have spare cash, and if U buy from open market. It won't be at 0.80ct, to buy up 10 lots morefrom open mkt, likely ur new average px is about 0.710ct, still it is extreme good and wait for new news rumour to arrive. Good to work out ur budget and don't put all egg into one basket.
At 1.10 average strike px, after ex-right.($1.10 x 5) + ($0.80 x 1)/6 = average $1.050
Hi,Teeth53,just sold 5lots at 1.10.($5,500),will be getting rights for 15lots....($12,000)
Thanks
teeth53 ( Date: 16-Sep-2009 22:04) Posted:
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Sell if U must at $1.130ct n take ur capital back, for 0.80ct to arrive at (1/3 px drop), presume is gap down, is a up hill task (bearing unforseen) is more difficult then climbling a uphill.
For tomorro can be another good day to push up by BBs back to $1.14ct, just guess oni...Ya
Me: I don't have or hold such share (not vested). Just watching n sharing..have a nice day.
gabjen ( Date: 16-Sep-2009 21:08) Posted:
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This is one of my option.Another option is to dispose 10lots tomorrow if it's still at $1.11, that will be
$11.100 then buy 14lots at $11,200 ,that means $100 for extra 4lots.,wait for price drop belows 80cents to grab the remainder.All these are just assumption,nobody knows what's gonna be when the market open tomorrow.
All the best to U too as I believe U r also holding this share. |
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Yup... time relax and go for a bandung...
or bloody mary...
I came out already. Will buy when the dust have settled down.
Not vested, stay on sideline.
Watching the chicks pass by.
Since the right is 80cts. I dont mind to pay a small prenium.above the right.
Good luck
If it is going to go up, it would have cheonged up with great force immediately after the halt...
Just like the hell-gates being opened on the first day ...
All would be gushing out and guzzling up like hungry men... .... hehehe..
Yes, there still got room to up....
Close to 1.20 :) range 1.17-1.19 this week
dealer0168 ( Date: 16-Sep-2009 22:58) Posted:
Alot of seller out there. Above $1.20 sound .............possible?
Anything from current price to $1.125 is ok..........n i believe there is still buyer there.
Anything above, depends liao. |
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Alot of seller out there. Above $1.20 sound .............possible?
Anything from current price to $1.125 is ok..........n i believe there is still buyer there.
Anything above, depends liao.
Emm unless this few days Genting shot up to above $1.20.
If not, i don't think XR will land there.
keepnosecrets ( Date: 16-Sep-2009 22:40) Posted:
XR day should be around $1.05 to $1.09 and then move from there. |
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XR day should be around $1.05 to $1.09 and then move from there.
TP for this week is close to 1.20 :)
teeth53 ( Date: 16-Sep-2009 22:04) Posted:
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Sell if U must at $1.130ct n take ur capital back, for 0.80ct to arrive at (1/3 px drop), presume is gap down, is a up hill task (bearing unforseen) is more difficult then climbling a uphill.
For tomorro can be another good day to push up by BBs back to $1.14ct, just guess oni...Ya
Me: I don't have or hold such share (not vested). Just watching n sharing..have a nice day.
gabjen ( Date: 16-Sep-2009 21:08) Posted:
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This is one of my option.Another option is to dispose 10lots tomorrow if it's still at $1.11, that will be
$11.100 then buy 14lots at $11,200 ,that means $100 for extra 4lots.,wait for price drop belows 80cents to grab the remainder.All these are just assumption,nobody knows what's gonna be when the market open tomorrow.
All the best to U too as I believe U r also holding this share. |
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If I m a day trader, in house trading, I won't buy at $1.140ct I shall be a contraian (buy n sell).
Noted: No calling to buy /sell or hold, do home work 1st.
Sell if U must at $1.130ct n take ur capital back, for 0.80ct to arrive at (1/3 px drop), presume is gap down, is a up hill task (bearing unforseen) is more difficult then climbling a uphill.
For tomorro can be another good day to push up by BBs back to $1.14ct, just guess oni...Ya
Me: I don't have or hold such share (not vested). Just watching n sharing..have a nice day.
gabjen ( Date: 16-Sep-2009 21:08) Posted:
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This is one of my option.Another option is to dispose 10lots tomorrow if it's still at $1.11, that will be
$11.100 then buy 14lots at $11,200 ,that means $100 for extra 4lots.,wait for price drop belows 80cents to grab the remainder.All these are just assumption,nobody knows what's gonna be when the market open tomorrow.
All the best to U too as I believe U r also holding this share.
teeth53 ( Date: 16-Sep-2009 19:28) Posted:
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Woow...:) Than hohh wait to buy upon ex-right. it mean 0.645 x 80 + 0.80 x 16 + merely 4 lots more, ur average 0.685ct still well below strike offer px of 0.80ct.
It's short to mid term, just awaitin for once good rumour to arrive and U have to decide.
Wishes U all the best. |
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If that's the case it's even better.But I usually work on a safer margin .
risktaker ( Date: 16-Sep-2009 21:24) Posted:
you wont get 1.11 tomorrow. 1.12 -1.13 on open :)
gabjen ( Date: 16-Sep-2009 21:08) Posted:
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This is one of my option.Another option is to dispose 10lots tomorrow if it's still at $1.11, that will be
$11.100 then buy 14lots at $11,200 ,that means $100 for extra 4lots.,wait for price drop belows 80cents to grab the remainder.All these are just assumption,nobody knows what's gonna be when the market open tomorrow.
All the best to U too as I believe U r also holding this share. |
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