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Chin kam sia for the elaborated details.
Siwomp ( Date: 23-Sep-2013 14:26) Posted:
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It will be interesting to watch. *Smile*
Bigmama ( Date: 23-Sep-2013 14:41) Posted:
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Totally agree. Thanks. Let's see today closing later.
Siwomp ( Date: 23-Sep-2013 14:36) Posted:
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Yes, this case may be differnt... much will depends on the BBs. and the Owners. if they time the consolidations with a big announcement (positive)... share prices can move significantly up.
Bigmama ( Date: 23-Sep-2013 14:31) Posted:
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And it seems that looking at the premium paid by the mkt for Albedo, investors are thinking that Rowsley is relatively underpriced.
imho
Bigmama ( Date: 23-Sep-2013 14:27) Posted:
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I think that depends on the purpose of the reverse splits..... But usually you are right..... This case maybe different.
Siwomp ( Date: 23-Sep-2013 14:26) Posted:
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Agree and thanks for clarifying!. 0.0436 is the premium paid by market for the potential.
Siwomp ( Date: 23-Sep-2013 14:15) Posted:
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And as mentioned before last Friday, usualy for consolidation (reverse spilt) the price tends to fall right after the consolidation. Whether it will go up or not later depends of the percieved potential of the company and of course the BBs.
Siwomp ( Date: 23-Sep-2013 14:15) Posted:
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34.55 billion new shares for $774millions, = $0.0224 per new shares
Consolidation (or reverse split) 17:1 = $0.0224 x 17 = $0.3808 per share after consolidation
Current Mkt Price per share = $0.066, after consolidation $0.066 x 17 = $1.122
so if you buy at $0.066 and after consolidation price falls below $1.122, you lose.
Why the different between the $0.0224 (agreed price between the current and new owners) and the mkt price of $0.066? = Potential
Potential:
1) current share owners gets all the capital reduction $ before the issue of new shares
2) 2 additional land parcel under discussion
3) Current 7 parcel of lands are values at > RM2.7billions
4) Potential of significant returns (profits) when the properties are developed.
Therefore the mkt estimation of the current potential of the company is (in a sense)
=> $0.066 - $0.0224 = $0.0436
That is for dato.... I think market price will be 17x 6.7 cents. That is how dato make money.
teeth53 ( Date: 23-Sep-2013 13:49) Posted:
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What i understand frm the announcement. Propose new 35bil shares at 0.0224 to fund the acquisition. No cash involved n a rto. So now it up to the market to determine the share price or how much it worth considering its future prospects if deal succeeded. Shares consolidation is to make the share price value higher to comply wif min price 0.2 as required fr new share issuance. After consolidation, share price increased but number of shares reduced. Tis is a mega deal n as said is up to market to assess its value and prospects ie iskandar. I think retailers still confused wif tis deal.
teeth53 ( Date: 23-Sep-2013 13:49) Posted:
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Is there two class of share, one for new n the other for old share or both rank the same?. Thk again anyone can englighten?.
Thot Albedo is using new 23 bil share (+ +) n to be Consolidating 17:1@0.0224c. Then what can happen to current existing share now trading@0.066c..?.
Anyone enlighten. ThkQ n chin kam sia in advance.
Anyone enlighten. ThkQ n chin kam sia in advance.
I thought agreed liao 17@0.0224=38.08cts ..i.e those who buy at current price 0.065 all died/ big loss liao is it
giganticmoney ( Date: 23-Sep-2013 11:55) Posted:
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star,
u only lose out if the consolidation of 17 shares into 1 is less than $1.12. Its still steady because, the company did not say they are going to consolidate into $0.38. Its not concrete yet as in which price they are going to consolidate into.
your advice on Albedo plse..Albedo ..every 17 shares will be consolidated into one new share at 38.08cts...is my way of computing below correct?
normally consolidation investors lose out..typically.....Is this the way to calculate say we buy at $0.066@17lots based on current market price which works out to $1.122 verses $0.38 sori my calculation may be wrong your views plse..like that those who buy at current price sure lose but why the market price still steady at $0.066-0.067
normally consolidation investors lose out..typically.....Is this the way to calculate say we buy at $0.066@17lots based on current market price which works out to $1.122 verses $0.38 sori my calculation may be wrong your views plse..like that those who buy at current price sure lose but why the market price still steady at $0.066-0.067
Albedo looks like will catch up or even exceed Rowsley price by way of the 17x consolidation.
..normally consolidation investors lose out..typically...u sure will benefit..Is this the way to calculate say we buy at $0.066@17lots based on current market price which works out to $1.122 verses $0.38sori my calculation may be wrong your views plse
..normally consolidation investors lose out..typically...u sure will benefit..Is this the way to calculate say we buy at $0.066@17lots based on current market price which works out to $1.122 verses $0.38sori my calculation may be wrong your views plse
Let Faith return to this stock!
seanpent ( Date: 23-Sep-2013 09:59) Posted:
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technically ... after a good strong flushing out on 20 Sep 2013 ... Albedo now has a much better chance of crossing 77 in the coming days ...
This is insane with the RTO agreement.
With the sheer huge amount of shares, it will be better to scale down your open positions.