
RIGHTS
Announced on 2009-06-19 |
Particulars : | 5 RS 2 WT OFFER OF 17 FOR 100 @ $0.18 |
Ex-date : | 25 Jun 2009 |
JJSeng ( Date: 23-Jun-2009 09:32) Posted:
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Thanks, Senior.
I have already load off. Thanks again.
dealer0168 ( Date: 19-Jun-2009 18:52) Posted:
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Becareful on this one.
Firstly this one that issue RIGHT, its TP not high (unlike some like Pac Andes / CCT/ etc)
Next, its RIGHT offer not quite attractive. It is worth while to go in for a risk?
And like what yoril_xq say, it seems like manipulate by BB.
Trade with care for this one.
Hi Seniors!
Please advice load up or load off this counter? Thanks.
shweli ( Date: 19-Jun-2009 14:21) Posted:
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Good A'noon everybody!
CR announced this afternoon. Any news?
yoril_xq ( Date: 18-Jun-2009 16:23) Posted:
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But among all company with RIGHTS, this one got the worst TP (provided by the analyst). Not sure if it worth the risk to go for its RIGHT rally.
Anyway, commodity share price shoot up & down faster than the rest. Emm better trade with care.

Just bcos of d 18cts R issue, in d right time. If STI could maintain current level, n d announcement dun delay, AK thinks investors may get some perks along d way liao. NOL R issue is a typical Early Birds Catch The Worms.
dealer0168 ( Date: 03-Jun-2009 21:31) Posted:
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Quite expensive now........ Already overshoot its TP.
No news yet
JJSeng ( Date: 03-Jun-2009 15:02) Posted:
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Wah moving up very fast...0.46 already cheong ......
Yes, the warrant is priced out of money at current price. However, who knows what is their price 3 year down the road. Warrant has a time premium.
In their document, they said " The issue of Warrants will reward subscribing shareholders, maintain good relationships with shareholders , and also provide GAR with additional future liquidity if exercised at maturity."
Take good care to read the 'exercise at maturity'...In some of my understanding, some warrant can be exercised anytime before expiry, which is more flexible. Perhaps my interpretation is not correct...
limkt009 ( Date: 30-May-2009 15:55) Posted:
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Agreed, too expensive. Below $0.40 still ok. My TP for this baby is $0.40.
So my entry price must be 10% lesser than $0.40. So $0.36 will be a better price for me.
GAR made NET PROFIT of more than US$1 Billion in YE2008 and tens of millions in 1Q2009.
Why the NAV did NOT increase and remain the SAME? (Refer to GAR Report at its website)
So, What is really the SAME?
Did GAR make only PAPER PROFIT?
If only PAPER PROFIT, NAV must also GO UP.
Because both DEBIT and CREDIT must BALANCE in DOUBLE ENTRY ACCOUNTING!
Check it OUT with Institute of CPAs Singapore (ICPAS).
If real CASH PROFIT was made, there must be more than US$1 Billion of COLD HARD CASH now in the books and the banks.
What had SUCKED UP all the CASH in the PROFITS and still need MORE CASH?
If an Operation canNOT generate Working Capital CASHFLOW especially for a Profitable One, it sounds like the SUB-PRIME which created all the BUBBLE WEALTH which BURST into BANKRUPTCY!?
I am just wondering!
WHERE did all the Billion CASH go to?
Oh GOD, Please enlighten the CASH.
Why the few hundred millions of RIGHTS required?
