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You can use ATM to apply, the bank charge is $2, cheaper than casiher order..
ah_ho_88 ( Date: 03-Sep-2009 15:32) Posted:
| how do i subscribe to the rights then?
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how do i subscribe to the rights then?
You can subscribe the right, please do it before the offer expire..
ah_ho_88 ( Date: 03-Sep-2009 14:45) Posted:
| Hi, Im a newbie to shares...may I know what happens if I am interested to keep the rights shares that had been allocated in my CDP acc?
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Hi, Im a newbie to shares...may I know what happens if I am interested to keep the rights shares that had been allocated in my CDP acc?
Not very likely to drop below 48c, but not impossible though! Cheers!
wow...drop below 48cts RIght price ??? sure or not?? dont think quite likely ! :D
Still holding on to this babe and also intend to take up the rights + apply for more......maybe I'm the only fool here
Cheers!
Me too sold already. Awaiting correction till around Sgd. 0.40 then go in again.
starlene ( Date: 01-Sep-2009 15:49) Posted:
There as expected once nil paid rights start trading,Mother share goes under <60cts below theoretical price,lucky sold off at 79cts cum rights and switch to BIG
starlene ( Date: 25-Aug-2009 11:53) Posted:
| Normally after ex-right will go down from theoretical price 63.5cts esp since it's ex-dividend,ex-right...better to take profits as new rights share coming in will create overhang of share |
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There as expected once nil paid rights start trading,Mother share goes under <60cts below theoretical price,lucky sold off at 79cts cum rights and switch to BIG
starlene ( Date: 25-Aug-2009 11:53) Posted:
Normally after ex-right will go down from theoretical price 63.5cts esp since it's ex-dividend,ex-right...better to take profits as new rights share coming in will create overhang of shares
ten4one ( Date: 25-Aug-2009 11:22) Posted:
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Your avg cost is 63.5c. Therefore, you're about break-even (without considering other factors). Cheers! |
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limhpp, check your cdp account today. Your Rights shares should be there.
limhpp ( Date: 25-Aug-2009 09:17) Posted:
Have anyone received the Rights offer letter? When?
Thanks! |
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Thanks... Jason
jasontaycs ( Date: 25-Aug-2009 11:04) Posted:
Info available at http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DA223AA355B15F0B48257619003FC899/$file/CitySpring-OIS.pdf?openelement Last date and time for cum-Rights trading : Monday, 24 August 2009 at 5.00 p.m.
First date and time for ex-Rights trading : Tuesday, 25 August 2009 from 9.00 a.m.
Books Closure Date : Thursday, 27 August 2009 at 5.00 p.m.
Despatch of the Offer Information Statement (together with the ARE) to Entitled Unitholders: Tuesday, 1 September 2009
Commencement of trading of “nil-paid” Rights : Tuesday, 1 September 2009 from 9.00 a.m.
Last date and time for trading of “nil-paid” Rights : Wednesday, 9 September 2009 at 5.00 p.m.
Last date and time for acceptance of and payment for Rights Units: Tuesday, 15 September 2009 at 5.00 p.m.
(9.30 p.m. for Electronic Applications)
Last date and time for application and payment for excess Rights Units: Tuesday, 15 September 2009 at 5.00 p.m.
(9.30 p.m. for Electronic Applications)
Expected date for issuance of Rights Units : Thursday, 24 September 2009
Expected date for commencement of trading of Rights Units: Friday, 25 September 2009 from 9.00 a.m.
limhpp ( Date: 25-Aug-2009 09:17) Posted:
Have anyone received the Rights offer letter? When?
Thanks! |
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Will be like most rights issue..eg GMG,Global Yellow Pages...so normally sell first day after rights..as the new shares come back on the way,overhang unlikley will go up in short term unless positive news.I took my profit and switch to China Auto Electronics,will revert back to RTO price of 58.5cts in the long term
thanks Jason... today is down quite a lot!
Normally after ex-right will go down from theoretical price 63.5cts esp since it's ex-dividend,ex-right...better to take profits as new rights share coming in will create overhang of shares
ten4one ( Date: 25-Aug-2009 11:22) Posted:
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Your avg cost is 63.5c. Therefore, you're about break-even (without considering other factors). Cheers!
kevinski ( Date: 25-Aug-2009 09:23) Posted:
Hi bros/Sis
not good in CR, XD stuffs..
So for people that buy CitySpring yesterday at 0.79, considered win or loss at this stage?
Thanks |
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Thanks for the infos
Do i need to do anything like write any forms for the rights?
So i need to wait till 1sept to sell?
Cos i buy contra for this stocks.
Please enlighten me, thanks alot.
Your avg cost is 63.5c. Therefore, you're about break-even (without considering other factors). Cheers!
kevinski ( Date: 25-Aug-2009 09:23) Posted:
Hi bros/Sis
not good in CR, XD stuffs..
So for people that buy CitySpring yesterday at 0.79, considered win or loss at this stage?
Thanks |
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Info available at http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DA223AA355B15F0B48257619003FC899/$file/CitySpring-OIS.pdf?openelement
Last date and time for cum-Rights trading : Monday, 24 August 2009 at 5.00 p.m.
First date and time for ex-Rights trading : Tuesday, 25 August 2009 from 9.00 a.m.
Books Closure Date : Thursday, 27 August 2009 at 5.00 p.m.
Despatch of the Offer Information Statement (together with the ARE) to Entitled Unitholders: Tuesday, 1 September 2009
Commencement of trading of “nil-paid” Rights : Tuesday, 1 September 2009 from 9.00 a.m.
Last date and time for trading of “nil-paid” Rights : Wednesday, 9 September 2009 at 5.00 p.m.
Last date and time for acceptance of and payment for Rights Units: Tuesday, 15 September 2009 at 5.00 p.m.
(9.30 p.m. for Electronic Applications)
Last date and time for application and payment for excess Rights Units: Tuesday, 15 September 2009 at 5.00 p.m.
(9.30 p.m. for Electronic Applications)
Expected date for issuance of Rights Units : Thursday, 24 September 2009
Expected date for commencement of trading of Rights Units: Friday, 25 September 2009 from 9.00 a.m.
limhpp ( Date: 25-Aug-2009 09:17) Posted:
Have anyone received the Rights offer letter? When?
Thanks! |
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Just don't pay for it - ie. don't do anything.
But please remember to sell your entitlement once trading for rights from 1-9 Sept. Consider it free shares for you to sell. Your 1 for 1 entitlement will be auomatically credited to your CDP account on 1 Sept. So if you currently on 10 lots, just sell 10 lots of the Cityspring Rights during that week of nil-paid rights trading.
sarahlkh ( Date: 24-Aug-2009 11:25) Posted:
how to renounce the rights? |
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Hi bros/Sis
not good in CR, XD stuffs..
So for people that buy CitySpring yesterday at 0.79, considered win or loss at this stage?
Thanks
Have anyone received the Rights offer letter? When?
Thanks!
