You may apply for excess rights, CDP will send a notification letter to inform you whether the rights shares are successfully credited to you.
baby88 ( Date: 27-Jul-2009 18:11) Posted:
Thanks, e17888 .
BTW, if we sell the mother and one Rights form (all together should have 1 mother + 3 Forms, right?) after the Ex date, we still have 2 forms left. If we exercise only these 2 forms/Rights, are we still eligible to apply for excess Rights? It sound a bit greedy ... Regards
You may apply for excess rights, CDP will send a notification letter to inform you whether the rights shares are successfully credited to you.
baby88 ( Date: 27-Jul-2009 18:11) Posted:
Thanks, e17888 .
BTW, if we sell the mother and one Rights form (all together should have 1 mother + 3 Forms, right?) after the Ex date, we still have 2 forms left. If we exercise only these 2 forms/Rights, are we still eligible to apply for excess Rights? It sound a bit greedy ... Regards
el7888 ( Date: 27-Jul-2009 16:25) Posted:
Hi baby88,
Sorry I miss your post.
You may check your CDP account whether there is a link to one of your bank account. Use that bank account for your right issue application.
BTW, if we sell the mother and one Rights form (all together should have 1 mother + 3 Forms, right?) after the Ex date, we still have 2 forms left. If we exercise only these 2 forms/Rights, are we still eligible to apply for excess Rights? It sound a bit greedy ... Regards
el7888 ( Date: 27-Jul-2009 16:25) Posted:
Hi baby88,
Sorry I miss your post.
You may check your CDP account whether there is a link to one of your bank account. Use that bank account for your right issue application.
baby88 ( Date: 25-Jul-2009 19:31) Posted:
Hi El7888, is this means CDP already know that I have a saving ac in DBS (with ATM facility), so that they can link my DBS ac to their system automatically? Even I don't reply to their Right Issue application form and provide my DBS ac number to them? Sorry to trouble you again. A bit kin cheong because first time apply for Rights share.
You may check your CDP account whether there is a link to one of your bank account. Use that bank account for your right issue application.
baby88 ( Date: 25-Jul-2009 19:31) Posted:
Hi El7888, is this means CDP already know that I have a saving ac in DBS (with ATM facility), so that they can link my DBS ac to their system automatically? Even I don't reply to their Right Issue application form and provide my DBS ac number to them? Sorry to trouble you again. A bit kin cheong because first time apply for Rights share.
el7888 ( Date: 23-Jul-2009 16:15) Posted:
Hi baby88,
I think Alligator is busy. Let me answer your question.
Yes, ATM mode is good enough, you can ignore the application form.
Hope you can many more money by taking the advantage of the right issues. The price of this counter is up now!
If you bought at 0.22, I believe you got it sometime last week. Just make the full payment today and check your CDP statement (online) in the next few days for FraserComm entry.
Here is to answer your questions.
a) Yes, there is a paper loss of (0.22-0.15) IF YOU CHOOSE TO IGNORE THE RIGHT ISSUE. It will be wise if you either take up the rights in full or sell your rights to other investor.
b) You will still be getting your rights if you pay your 0.22 contract in full.
c) Wait until you receive the letter of right application. Exercise your rights via ATM. Normal exercise will take about two weeks. Make sure you check your CDP account for your shares and rights before selling.
If you bought at 0.22 and you exercise your rights, you already make money!
choonmng ( Date: 25-Jul-2009 21:37) Posted:
Hi any good person out there can advice.
I have 10 lots of FCOT (contra@0.22) due on monday 27th but monday is also the XR. From forums it seems that 27th monday, price should be adjusted down to 0.135 therotically.
Does it mean that if i sell at monday a) I will first book at loss of (0.22-0.135) excluding commission b) Will i still be getting my rights? c) if yes, does the rights start trading on monday for me to sell or must i wait till 03 aug?
Hi, I'm new to FraserComm... The drop was quite subtantial already, do you think it'll drop to what point - lower than 0.135??? 0.135 is already the 52 week low. Thanks for your advise.
I have 10 lots of FCOT (contra@0.22) due on monday 27th but monday is also the XR. From forums it seems that 27th monday, price should be adjusted down to 0.135 therotically.
Does it mean that if i sell at monday a) I will first book at loss of (0.22-0.135) excluding commission b) Will i still be getting my rights? c) if yes, does the rights start trading on monday for me to sell or must i wait till 03 aug?
Hi El7888, is this means CDP already know that I have a saving ac in DBS (with ATM facility), so that they can link my DBS ac to their system automatically? Even I don't reply to their Right Issue application form and provide my DBS ac number to them? Sorry to trouble you again. A bit kin cheong because first time apply for Rights share.
el7888 ( Date: 23-Jul-2009 16:15) Posted:
Hi baby88,
I think Alligator is busy. Let me answer your question.
Yes, ATM mode is good enough, you can ignore the application form.
Hope you can many more money by taking the advantage of the right issues. The price of this counter is up now!
baby88 ( Date: 23-Jul-2009 10:26) Posted:
Alligator, sorry to disturb you again.
If I choose to use ATM mode, I can just ignore the application form?