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chris168
    20-Sep-2010 15:55  
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It could be ...

1. General market is trading up.

2. Something good brewing, hopefully.

3. Some funds buying in eg. UBS used to be.



commando      ( Date: 20-Sep-2010 15:43) Posted:

how come keep going up after XR? Dun understand the rationale leh

 
 
shweli
    20-Sep-2010 15:45  
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Is it starting from 22 Sep 2010?

Hulumas      ( Date: 15-Sep-2010 23:26) Posted:

Not yet.

edwinteo      ( Date: 15-Sep-2010 23:25) Posted:

anyone here receive the letter from ezra already?


 
 
commando
    20-Sep-2010 15:43  
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how come keep going up after XR? Dun understand the rationale leh
 

 
chris168
    20-Sep-2010 15:22  
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Looks good today.
 
 
Hulumas
    15-Sep-2010 23:26  
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Not yet.

edwinteo      ( Date: 15-Sep-2010 23:25) Posted:

anyone here receive the letter from ezra already?

 
 
edwinteo
    15-Sep-2010 23:25  
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anyone here receive the letter from ezra already?
 

 
jwtjwt
    15-Sep-2010 22:51  
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Mother share price - 1.18

commando      ( Date: 15-Sep-2010 15:39) Posted:

Any idea at what price will the right be trading? lower than 1.18, higher than 1.18 or 1.18

 
 
commando
    15-Sep-2010 15:39  
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Any idea at what price will the right be trading? lower than 1.18, higher than 1.18 or 1.18
 
 
jwtjwt
    15-Sep-2010 10:50  
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Oh that's great. Thanks!

chris168      ( Date: 15-Sep-2010 10:02) Posted:

It just means it's going up ... for now.

jwtjwt      ( Date: 15-Sep-2010 09:57) Posted:

The open today seems weird. Yesterday it closed at 1.75. Today's open should have been: (1.75*5000+1.18*1000) / 6000 = 1.655 (i.e. 1.66 or 1.65). Did I make a mistake somewhere?


 
 
chris168
    15-Sep-2010 10:02  
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It just means it's going up ... for now.

jwtjwt      ( Date: 15-Sep-2010 09:57) Posted:

The open today seems weird. Yesterday it closed at 1.75. Today's open should have been: (1.75*5000+1.18*1000) / 6000 = 1.655 (i.e. 1.66 or 1.65). Did I make a mistake somewhere?

 

 
jwtjwt
    15-Sep-2010 09:57  
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The open today seems weird. Yesterday it closed at 1.75. Today's open should have been: (1.75*5000+1.18*1000) / 6000 = 1.655 (i.e. 1.66 or 1.65). Did I make a mistake somewhere?
 
 
chris168
    15-Sep-2010 09:52  
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Holding up well. Expect it to drop by 8-10 cents.

edwinteo      ( Date: 15-Sep-2010 07:09) Posted:

first support $1.74...2nd support $1.68..

 
 
edwinteo
    15-Sep-2010 01:26  
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first support $1.74...2nd support $1.68..
 
 
dealer0168
    14-Sep-2010 20:43  
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interested to see what the price Erza will drop max to tomorrow..........
 
 
chris168
    14-Sep-2010 12:22  
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Yes.

I will probably hold out for my target price. The risk is there nothing is for sure. If the next quaterly report is lacklustre hehe ...

Nothing carve on stone like I said earlier. It will be a sell then.



commando      ( Date: 14-Sep-2010 11:38) Posted:

Tomorrow is the XR, so the share will go down right?

 

 
commando
    14-Sep-2010 11:38  
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Tomorrow is the XR, so the share will go down right?
 
 
chris168
    14-Sep-2010 10:52  
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Yeah right nothing is fixed on the stone.

nickyng      ( Date: 13-Sep-2010 16:21) Posted:

juz sell ur nil-paid rights lah! :P

chris168      ( Date: 13-Sep-2010 15:31) Posted:

I will be away in early Oct so I kinda need to pay some attention to those dates too. With 90 lots I will have 18 rts. Average 1.69 I will lose money if I dun take up those rts as I am not selling yet


 
 
edwinteo
    14-Sep-2010 00:34  
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Oooo..icic...still long...2 more wks...sianz...after rights sure go down...
 
 
chris168
    14-Sep-2010 00:12  
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Yes. The trading period for "nil-paid" rts is from 22-30 Sep.

edwinteo      ( Date: 13-Sep-2010 21:40) Posted:

hi chris168....eg...if i have 2 lot on hand now, i'm entitle to 400 share if i apply for rights.

Therefore, i can sell my outstanding 400 shares on the 'nil paid' date? or purchase 600 more shares to form 1 lot?



chris168      ( Date: 13-Sep-2010 14:45) Posted:

It is stated very clearly here.

It means you will get the rts offer statement on 22nd Sep or perhaps 1, 2 days later depending on the efficiency of the post office in your area. It is also when you can choose to buy the rts or trade them as "nil-paid" rts within the trading period.

 



 
 
edwinteo
    13-Sep-2010 21:40  
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hi chris168....eg...if i have 2 lot on hand now, i'm entitle to 400 share if i apply for rights.

Therefore, i can sell my outstanding 400 shares on the 'nil paid' date? or purchase 600 more shares to form 1 lot?



chris168      ( Date: 13-Sep-2010 14:45) Posted:

It is stated very clearly here.

It means you will get the rts offer statement on 22nd Sep or perhaps 1, 2 days later depending on the efficiency of the post office in your area. It is also when you can choose to buy the rts or trade them as "nil-paid" rts within the trading period.

 



edwinteo      ( Date: 02-Sep-2010 00:49) Posted:



anyone know what does the below means? This was stated in ezra announcement...
Since i can buy now to get the right issue..y should we still care about the "nil-paid"?


The Rights Issue is renounceable and Entitled Shareholders who do not wish to subscribe for the Rights Shares may sell their provisional entitlements (the “Rights”) during the “nil-paid” Rights trading period. In addition, Entitled Shareholders may apply for excess Rights Shares.

Shares trade ex-Rights:
15 September 2010 from 9.00 a.m.


Books Closure Date:
17 September 2010 at 5.00 p.m.


Despatch of Offer Information Statement:
22 September 2010


Commencement of trading “nil-paid” Rights:
22 September 2010 from 9.00 a.m.


Last date and time for trading “nil-paid” Rights:
30 September 2010 at 5.00 p.m.


Last date and time for splitting “nil-paid” Rights:
30 September 2010 at 5.00 p.m.


Last date and time for acceptance of and payment for Rights Shares:
6 October 2010 at 5.00 p.m. (9.30 p.m. for electronic applications)


Last date and time for renunciation of and payment for Rights Shares:
6 October 2010 at 5.00 p.m


 
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