Cedar Strategic   

CEDAR TUA HUAT

So many people queuing to sell at 0.001 for the rights, who would want to exercise the rights at 0.005 when u can get it at 0.001? And if nobody is going to buy, isn't it as good as giving the company free money??

 

It looks like buying the mother share at .004 is cheaper than buying the rights now!?

 

Only a lone 50 000 lots sold @ 0.004
But if buy mother shares will be 25++ com unless gg through broker 40++?
Besides rights is foc on com charges I believe just my view..

zyyzzy      ( Date: 31-Oct-2013 16:10) Posted: What is the benefit of getting the rights if u can get the same or cheaper price from the mother share? other than the 30 bucks u pay to ur broker.

 

What is the benefit of getting the rights if u can get the same or cheaper price from the mother share? other than the 30 bucks u pay to ur broker.

 

You might get lucky to get it. Once this bad sentiment finish it will go back to .008. Caveat!

xing78      ( Date: 30-Oct-2013 22:01) Posted: q to buy below 0.005 seems a better option to me. ninjawarrior      ( Date: 30-Oct-2013 10:17) Posted: It's for every 2 shares of CEDAR you hold. You will be entitled to 1. Means if i have 100 lots. You can get 50 lots only for 0.005 each

 

q to buy below 0.005 seems a better option to me.

ninjawarrior      ( Date: 30-Oct-2013 10:17) Posted: It's for every 2 shares of CEDAR you hold. You will be entitled to 1. Means if i have 100 lots. You can get 50 lots only for 0.005 each. dekmelvie      ( Date: 30-Oct-2013 10:14) Posted: It is 1 for 2 @ .005. Xr was 25oct13. Even u buy yesterday u couldnt get the rights. So if 1 for 2. If i have 100lots am i entitled to 200lots?

 

Opps, thought i was talking about getting rights today.. My bad! Yes XR was yesterday. Any ideas when Rights will be ready for trading?

terencee      ( Date: 30-Oct-2013 09:56) Posted: buying today wont get entitlement to the rights.    Last day was ytd. So those who didnt buy at 5 missed the boat already.   Xiang90      ( Date: 30-Oct-2013 08:51) Posted: I think it's today.. They allocating ytd if I never read news wrongl

 

It's for every 2 shares of CEDAR you hold. You will be entitled to 1. Means if i have 100 lots. You can get 50 lots only for 0.005 each.

dekmelvie      ( Date: 30-Oct-2013 10:14) Posted: It is 1 for 2 @ .005. Xr was 25oct13. Even u buy yesterday u couldnt get the rights. So if 1 for 2. If i have 100lots am i entitled to 200lots? terencee      ( Date: 30-Oct-2013 09:56) Posted: buying today wont get entitlement to the rights.    Last day was ytd. So those who didnt buy at 5 missed the boat already.

 

It is 1 for 2 @ .005. Xr was 25oct13. Even u buy yesterday u couldnt get the rights. So if 1 for 2. If i have 100lots am i entitled to 200lots?

terencee      ( Date: 30-Oct-2013 09:56) Posted: buying today wont get entitlement to the rights.    Last day was ytd. So those who didnt buy at 5 missed the boat already.   Xiang90      ( Date: 30-Oct-2013 08:51) Posted: I think it's today.. They allocating ytd if I never read news wrongl

 

buying today wont get entitlement to the rights. 

  Last day was ytd. So those who didnt buy at 5 missed the boat already.  

Xiang90      ( Date: 30-Oct-2013 08:51) Posted: I think it's today.. They allocating ytd if I never read news wrongly dekmelvie      ( Date: 30-Oct-2013 08:34) Posted: I have both. Lucky didnt sold @ .005 yesterday. Notice the buying vol. today the xr? Or yesterday

 

I think it's today.. They allocating ytd if I never read news wrongly

dekmelvie      ( Date: 30-Oct-2013 08:34) Posted: I have both. Lucky didnt sold @ .005 yesterday. Notice the buying vol. today the xr? Or yesterday? terencee      ( Date: 30-Oct-2013 07:50) Posted: If seriously comparing their buying price and the current price, it's a discount. Good chance to grab now. Wonder if you grab now, are you entitled to the rights on book closure date?

 

I have both. Lucky didnt sold @ .005 yesterday. Notice the buying vol. today the xr? Or yesterday?

terencee      ( Date: 30-Oct-2013 07:50) Posted: If seriously comparing their buying price and the current price, it's a discount. Good chance to grab now. Wonder if you grab now, are you entitled to the rights on book closure date? dekmelvie      ( Date: 30-Oct-2013 07:46) Posted: Looks like good news came. Huat!

 

NOTICE OF BOOKS CLOSURE DATE Notice is hereby given that the register of members and the register of share transfer books of the Company will be closed at 5.00 p.m. on 29 October 2013 (the ?Books Closure Date?) for the purpose of determining the provisional allotments of Rights Shares to Entitled Shareholders under the Rights Issue. Looks like they caught ppl off guard

 

If seriously comparing their buying price and the current price, it's a discount. Good chance to grab now.

Wonder if you grab now, are you entitled to the rights on book closure date?

dekmelvie      ( Date: 30-Oct-2013 07:46) Posted: Looks like good news came. Huat!! terencee      ( Date: 29-Oct-2013 13:01) Posted: No point selling the rights too. If I can't sell the rights, I'll queue for 0.004 to buy in. That would give me slight leverage. However once the rights expired, cedar will publish how much they are spending. Then cedar will trend upwards. I was in KLW when they gave rights too. The selling was horrible and it went to 0.011 for mother share and 0.001 selling for rights. Basically no ppl wan the rights anymore. But a few months later which is now, the price almost doubled. So it all depends on how the management is going to use the funds. If it appeals to retailers, then people will buy. Back to my answer, if I can't get it at 0.004, I'll subscribe to the rights. Else I'll just queue out my rights at 0.001 and buy mother share at 0.00

 

Looks like good news came. Huat!!

terencee      ( Date: 29-Oct-2013 13:01) Posted: No point selling the rights too. If I can't sell the rights, I'll queue for 0.004 to buy in. That would give me slight leverage. However once the rights expired, cedar will publish how much they are spending. Then cedar will trend upwards. I was in KLW when they gave rights too. The selling was horrible and it went to 0.011 for mother share and 0.001 selling for rights. Basically no ppl wan the rights anymore. But a few months later which is now, the price almost doubled. So it all depends on how the management is going to use the funds. If it appeals to retailers, then people will buy. Back to my answer, if I can't get it at 0.004, I'll subscribe to the rights. Else I'll just queue out my rights at 0.001 and buy mother share at 0.004 dekmelvie      ( Date: 29-Oct-2013 12:15) Posted: Are u planning to buy the rights?

 

INTRODUCTION The board of directors (the ?Board?) of Cedar Strategic Holdings Ltd. (the ?Company?) refers to the Company?s announcement dated 26 August 2013 (the ?Previous Announcement?) in relation to: (a) the termination of the sale and purchase agreement dated 22 May 2013 entered into by the Company and Talented Creation International Limited (the ?Vendor?) and (b) the proposed acquisition of the entire issued and paid-up share capital of Trechance Holdings Limited (?Trechance?) by the Company from the Vendor, for a consideration of RMB22,500,000 (the ?Consideration?), which is to be satisfied in full by the issue of (i) 128,576,982 new ordinary shares (the ?Consideration Shares?) at the issue price of S$0.007 for each Consideration Share to the Vendor (or its designated nominees as it may direct) and (ii) a S$3,600,000 in aggregate principal amount of 5% bond due 2015 (the ?Bond?) to the Vendor. (the ?Proposed Acquisition?).

 

Announcement Title * COMPLETION OF ACQUISITION OF TRECHANCE HOLDINGS LIMITED Description Please refer to the attached for details. ???

 

No point selling the rights too. If I can't sell the rights, I'll queue for 0.004 to buy in. That would give me slight leverage. However once the rights expired, cedar will publish how much they are spending. Then cedar will trend upwards.

I was in KLW when they gave rights too. The selling was horrible and it went to 0.011 for mother share and 0.001 selling for rights. Basically no ppl wan the rights anymore. But a few months later which is now, the price almost doubled.

So it all depends on how the management is going to use the funds. If it appeals to retailers, then people will buy.

Back to my answer, if I can't get it at 0.004, I'll subscribe to the rights. Else I'll just queue out my rights at 0.001 and buy mother share at 0.004

dekmelvie      ( Date: 29-Oct-2013 12:15) Posted: Are u planning to buy the rights?

 

Are u planning to buy the rights?

 

Still holding. I feel that china is the upcoming market no matter what. So this counter maybe cheap now. May be cheaper in future but no one knows. 

What I know is there's a chance this counter might be multi bagger should the deal goes thru after a few years. 

dekmelvie      ( Date: 28-Oct-2013 23:41) Posted: Do u sold all ur position? terencee      ( Date: 28-Oct-2013 20:41) Posted: If cedar is trading at 0.005, I do not think there will be much interest in buying at all. Everyone will queue sell at 0.001 with no buying at all