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it means 0.02317 cts per share, therefore 1 lot equivalent to 1000 share is $23.17.
correct me if i m wrong :P
1 lot is 1000 shares. So, 1 lot should be $23.17
It means div. 1 lot only $0.23. am i right?
oops.. typo error, should be 0.02317 cents per share, not lot
Hello, can anyone explain......
Is it true that if we opt for the dividends, we will not be entitled to the Rights?
Thanks
Hi syrix11,
It is actually $23.17 per lot for the dividends.
Oh! Thanks
I thought is 0.02317 cents per SHARE (less tax 18%)
it's 0.02317 cents per lot (less tax 18%)
Can anyone confirm the dividend payout is $23 per lot? Thanks
correction! book closure date is on 4 sept 07 5pm,so it means 5sept XA.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E04A4F91CF013C6C4825733D0035910D/$file/Announcement_20Aug07.pdf?openelement
XA is on28aug. 1 more week! Pls check again to confirm.
any one went for EGM?by now the XA date shld be out for the rights entitlement.
dun worry..if u exercise ur rights..even if it falls to 8.3cents, still make $.because the rights shares are at 1.3cents.so after averaging,u still make a profit.u only lose $ if before XA,the price alr fall below 11cents(after XA 3.6cents),then u will make a loss.
hi ahtee,
my concern is after exercising of rights cum cd, as what joshlai86 has estimated - price may drops to 8.3cts ... which is way below my vested price @ 11cts. the question is when would the market stable?
i know the company is fundamentally good, but also a bit concerned about my profit/loss . thanks.
hi kodiak,
I would suggest that you exercise the rights. It's a profitable company with single digit P/E of about 7. The downside is now very limited. For the past two weeks, the price have been quite resilence.
Once the world market stablise, which is any time soon. The upside potential is very great!
hi joshlai86,
thanks for clearing my doubts.
i've been thinking whether to exercise the rights or to take profit before the rights issue - especially now the market still quite unstable.
price most likely to be divided by 3 on XA. based on EPS 2.5cents,after rights issue,EPS about 0.83. which wld give the stock a fair value of 8.3cents based on 10x historical 07 earnings.
hi guys,
anyone can give comments?
with the current market share at 673,450,000, what would happens to the share price if the rights @ $0.013 has been taken up based on the following:
minimum rights taken: 405,967,500
full rights taken: 1,394,552,000
with the cd & exercise of rights - what would be the potential downside on the share price? thanks.
This is tru-ly,tru-ly,tru-ly. This is truly one of those fundamently good stock. See how it survive today's massive
seldown to remain unchange. It's unbelieveable! A salute to all strong supporters of LANTROVISION. ALL
will be rewarded when the market make a turnaround. Tested & proven today - a WORTHY STOCK indeed!
Orrr Eeee Orrr! vali good ah vali good, ang moh chiak chu loot !
Dow,s&p and nasdaq now is as red as red hong pow. i think tommorrow will be another dip in sti. hope the ceo suspend teh counter.