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601-620 of 1965
When's the last day for rights take up/ sell off?
you know how much they need to make for 1 cts earnings after rights ???
CapitaLand tumbles 10% amid rights call
Shares of CapitaLand, Southeast Asia's biggest developer, fell as much as 10% today as investors sought to limit their overall exposure to the firm before the issue of new rights shares, reported Reuters.
CapitaLand is in the process of issuing one new share for every two existing shares as part of a rights issue to raise $1.84 billion that was announced last month.
A trader said some investors who held on to their shares when the rights was announced were now selling the stock to offset the cash outlay needed to subscribe for the new shares.
The selling was exacerbated by short-selling on the part of hedge fund managers, he said.
By 4pm, CapitaLand was down 9.1% at $1.80, performing worse than the benchmark Straits Times Index which fell 3.3%.
rightfully that shld be the price isn't it ? :D
iPunter ( Date: 02-Mar-2009 16:41) Posted:
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be careful, 1.78 broke.
This is bad... it many really go to the rights price soon... 
1200!
Dun get it, price so low liao. Tot everybody wld be buying now.
closing price for today may be around 1.8
OneSharer ( Date: 02-Mar-2009 15:07) Posted:
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my boss just bot some rights share.... hehe...
1. if rebound then sell
2. if not then convert...
3. if loss also not so painful as others....
Y $1.18 so precise?
nickyng ( Date: 02-Mar-2009 15:01) Posted:
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Stock mkt may drop all the way to 1200.
err...u will regret doing so...as it will drop to 1.18 :D
limkt009 ( Date: 02-Mar-2009 12:52) Posted:
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Er... sorry. Wat does distribution gg on mean? Thks.
huge down bar..on big vol...
if it closes high it could mean the pro $ are collecting cheap..have to see how this pans out @ 4pm
if it maintains at low price levels it prob means that there's distribution goin on..
what if it may drop to below $1.30? will it still be real cheap now? the first financial report to be released this year will certainly be bad, meaning that it will drop even further. should hold on to cash now, wait for it to drop further.
E-war ( Date: 02-Mar-2009 12:27) Posted:
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Any reason why the Buy/ Sell volume suddenly dropped to 42/341?
Bought 10 lots@181.
AK_Francis ( Date: 26-Feb-2009 14:25) Posted:
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any expert can explain abt buying the rights traded on the mkt at current price, how does it associate with the mother share price? N how long will it be traded?
Not much meat left at current moment for calling Short. Near open price may smell kopi $.