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Drop so much today... after the rights has been issued...
Drop slightly after a gain in the morning....
News of expansion not out and already people start grapping......
Well done.... Did a great come back after a long period of hybination..... Has acquire large fund recently.... Something big coming up?
Anyone wonders why CWT is all out in a BIG efforts to raising Funds within such a short span of time.......... Something BIG coming along..... Going to put this under my list.
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| SINGAPORE (XFN-ASIA) - CWT Ltd plans to place out 55 mln new shares, the
equivalent of 10.59 pct of its present share capital, at 0.83 sgd each, the company said. The placement price is a 4.99 pct discount to the weighted average price of 0.87 sgd per share for CWT stock yesterday. The company said a group of shareholders had agreed to sell a combined 28 mln shares already on issue at the same price. The company said the proceeds of about 44.71 mln sgd would be used for business expansion, including capital expenditure on the development of logistics infrastructure, and for general working capital. (1 usd = 1.53 sgd) singapore@xfn.com MMMM |
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Suspension for today, as there is news on placement of 55,000 shares... Is CWT investing on some big project? Anyone aware????
We shall see tomorrow......
Maintain at 0.875....
Hope it will maintain its position till the rights has been issued....
Maintain at 88 cents for the whole week...
Too many players and the demand is still strong... As a lot of players has drained their cash on right excess.... I personally feel that the price is low now and should start accumulating and it should U-turn once the rights announced....
The news out, the right issue was oversubscribbed by 45%... strong demand due to the attractive exercise price.
Maintain at 88 cents...
i think this is normal . the rights subscription period is over,
so all the rights stock u hold goes to 0 but is recorded by CDP.
when the final rights entitlement is complete, including distribution of excess rights, then your CDP account will be updated accordingly and they should send u a letter.
if still in doubt best to call CDP.
good luck
Maintain at the 88 to 90 cents range. For the rights matters, the best person to consult is to call up CDP to check of your rights....
| Day | Code | Reference | Qty | Balance | |
| CWT | 02 | PUR | |||
| CWT R | 07 | RTS | Provisional Rights | 2500 | 2500 |
| 24 | TT | Rights Subscription | (2500) | 0 |
Need advice from all the xi-fu out there. Looked at my CDP statement and noticed my balance for the rights dipped to ZERO. I applied to take up the rights in full + applied for excess rights.
What is happenning actually?
Maintain at 88 -90cents for the week. More to come for the coming weeks...
What a day! Profit taking day....
yeh ! You lucky chap, currently only Poems can, that is what I know.