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pjdpeter ( Date: 09-Sep-2009 09:43) Posted:
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maybe they got seven month prayer now so gotta halt......
the way the it traded from 2nd of Sept onwards, had a feeling something was coming up like what happened in June. Hope this one is good.
must be watchful on things like that.
If like what u say: Get 5 rights for 1 Genting Lot we hold, is very diluted.
Are u sure?
Maybe is the other way round. 1 right for 5 Genting lots u have
aleoleo ( Date: 09-Sep-2009 07:58) Posted:
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Below r d commitment of d last R issue, not sure a balance of 142mil is enough for its remaining working cap till it sees profit after biz commencing?
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Utilisation of Rights Issue proceeds |
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As at 30 June 2009, the proceeds from the Rights Issue have been utilised as follows: |
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Amount |
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S$’000 |
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Cost of issuance |
23,492 |
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Part repayment of the outstanding bridging loan taken by the Group for |
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the acquisition of Genting UK plc in 2006 |
519,475 |
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Subscription of shares in RWSPL via Star Eagle |
1,100,000 |
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Working capital |
381,792 |
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2,024,759 |
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Balance unutilised Total proceeds |
142,057 |
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2,166,816 |
risktaker ( Date: 09-Sep-2009 08:40) Posted:
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If not wrong that will be 5 for 1 with px @ 0.62 ...... the fair value should be 0.97 for GSP ....
trade with care ......
aleoleo ( Date: 09-Sep-2009 07:48) Posted:
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Probably a good chance for current genting supporters to pick up more shares in Genting.
GEnting trading halt !!!
guess is either rights or placement issue .... this is normally the case .... may dilute share px .... careful
Eagles ( Date: 08-Sep-2009 21:57) Posted:
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pjdpeter ( Date: 03-Sep-2009 10:49) Posted:
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