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15-Apr-2009 10:17 TIH   /   Transpac       Go to Message
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The Rights Trading period starts from 9am 16 April and end 5pm 24 April.  If you really want to sell, then the last day is 24 April.

I suggest you login to the CDP online website to check your CDP account , it will be credited with your entitlement latest tomorrow early morning  before the rights trading starts... If you do not have the CDP online account , you should apply now since it helps a lot on tracking CDP account

In your CDP account, you should see your entitled nil-paid rights, one third of the mother share holdings you had.. and it is identified by the symbols below, you can go to SGX website and see these two symbol are already preparing for listing.
  Transpac ----10.9500.97020--FIN
  Transpac RPL----------FIN
  Transpac R333PL----------FIN


 

To sell, if you use online broker, just sell the one Transpac_R (HV1)  for 1000-board lot or Transpac_R333 (HV2)  for odd lot of 333-share per lot.






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15-Apr-2009 09:13 TIH   /   Transpac       Go to Message
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This is a standard procedure for Rights issues with attached sweetener (warrant).

If you are entitled shareholder ( or if you HOLD shares or BUY shares before the ex-date on 8 April), then for each 3 shares you hold, you are given 1 Rights shares and 2 warrant attached to the Rights shares. The exercise price for the Rights share is S$1.00 each.


You have a few options,  the main three options are:

1. Sell your Rights if you do not want to exercise. This can be done during the Rights trading period

2. Hold your Rights and exercise it by paying $1.00 each before the date ( in the time table)

3. Ignore this Rights issues, DO NOTHING, the rights issue will expire and become worthless.



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13-Apr-2009 15:27 RickmersMaritime   /   Container ships charterer with 170+ years history       Go to Message
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Not only for FY2009 leh... , that is for long long time ...


Their ships are chartered for long time (7-10years) with fixed rate so their income is more secured.

read for yourself, FAQ section on item 3, .i copy here for ease of reading

 

3) Distributions

a) What is the Trust's distribution policy?

The Trust has adopted a distribution policy to make a regular quarterly distribution of US$0.0214 per unit, which is referred to as the "base distribution", while reinvesting a portion of the operating cash flow in its business. The distribution policy reflects the judgment by the trustee-manager that by retaining a portion of the cash flow for reinvestment in the business, the Trust will be able to provide better value to its unitholders by enhancing the longer-term distribution capacity. It is the goal of the Trust to grow the distribution through accretive acquisitions. The quarterly distribution per unit has been increased from US$0.0214 to US$0.0225 from 2nd Quarter 2008 onwards.
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13-Apr-2009 15:14 RickmersMaritime   /   Container ships charterer with 170+ years history       Go to Message
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freeme, thanks for your recommendation, i shall study FSL.


One attraction for Rickmers is its policy of distribution at "base distribution" of 0.214 US dollar per quarter.
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13-Apr-2009 13:06 RickmersMaritime   /   Container ships charterer with 170+ years history       Go to Message
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This trust was whacked down by one big investor, making its last year's DPU ( or yield) to such a high level....and become worthwhile to consider for investing. i copy from their website stock information below...


Quotes Delayed 20 Minutes
Updated: 13 Apr 2009 12:40


SGX Symbol: B1ZU Currency: SGD
Last Done: 0.345 Volume ('000): 1,058
Change: +0.010 % Change: 3.0
Day's Range: 0.340 - 0.350 52 Weeks' Range: 0.320 - 1.200
Historical Earnings Per Share (EPS) (S$) a
0.11407		 Net Asset Value (NAV) (S$) b
1.1352
Historical Price Earnings Ratio (PE)
3.024x		 Price / NAV b
0.304x
Annualised Distribution (S$) d
0.139		 52 Weeks High (S$)
1.200
Distribution Yield (%) e
40.290		 52 Weeks Low (S$)
0.320
Par Value ($)
n.a.		 Market Cap (S$'million)
146.168
Issued & Paid-up Units c
423,675,000
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12-Apr-2009 15:20 Trading Techniques   /   Trading on US markets       Go to Message
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wah.... 500 shares of 360 USD each means 180K USD!!.....

if you use etrade, you must first have more than USD180K in your trading account, then you can do this trade.

Assuming you do have more than USD 180K in your account, then BUY at 360 would cost you 9.99USD ( this is one trade)  and sell at 370USD ( this is one trade also) also cost you 9.99USD, so your total cost of trading for both BUY and SELL by etrade would cost you USD 19.98.
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09-Apr-2009 22:43 Others   /   Bottom already a history       Go to Message
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i guess S is the famous hedge fund manager associated with Asia currency crisis

JR should be famous. quoted also in another thread by aleoleo Posted: 09-Apr-2009 19:38 
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08-Apr-2009 15:19 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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HLJHLJ, No, Lyxor ETF are not CPF approved.

STI ETF is CPF approved.

DBS STI ETF 100 is NOT CPF approved.

If you want to know which is approved on SGX, use this link below, look for the CPF Investment Scheme Stocks

http://info.sgx.com/webstocks.nsf/revamp+new+cpf+investment+scheme+stocks?OpenView
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06-Apr-2009 10:16 Trading Techniques   /   Trading on US markets       Go to Message
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as far as i know, trading using etrade is quite simple. you need to put some fund inside,  can transfer fund in or out of the account by electronic means. in USD. i am not awared of 'custody fee'.


when you buy, the account get deducted immediately. when you sell the account get credited immediately.

in 2007, if your balance of your portfolio is above 50K then the trading fee per trade is 9.99USD. u can trade down to 1 share. now i dunno if they adjusted this per trade fee. read details or call etrade reps..


there are many online US brokers for your choice.
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02-Apr-2009 14:53 UOB   /   UOB free falling like Citigroup       Go to Message
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x 0 		MFT = market fortune teller
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31-Mar-2009 12:16 OCBC Bank   /   OCBC Bank       Go to Message
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x 0 		wah yongster, your font size is too small for reading comfort... could you please set it bigger?
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30-Mar-2009 14:19 Others   /   S-Chip       Go to Message
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x 0 		yes, it is worth when the lesson IS LEARNT and real change take place..
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30-Mar-2009 12:29 Others   /   S-Chip       Go to Message
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x 0 		never too late to learn.  a lesson , especially very painful type, will make a person re-think strategy and change must take place
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30-Mar-2009 10:58 Others   /   S-Chip       Go to Message
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March 30, 2009
S -chips under greater scrutiny
Auditors are focusing more attention on risky areas, such as cash flow
By Yang Huiwen
AUDITORS have raised red flags over nearly half a dozen S-chips in just the past week alone, as they step up checks on companies. And with the financial crisis still raging, analysts expect even more such cases to come to light.

In the past few days, the auditors of China EnerSave, Sino-Environment Technology Group, Celestial NutriFoods and Ocean International have all raised doubts in audit reports over the capacity of these businesses to continue operations.

RELATED LINKS
 CHINA FIRMS AND THEIR WOES
Another China company listed here, China Sun Bio-chem Technology Group Company, even had its shares suspended from trading after its auditors questioned the existence of certain debtors in the firm's books.

It joined the likes of FerroChina, China Printing & Dyeing, Beauty China, Oriental Century and FibreChem Technologies in having their shares suspended.

Auditors are doing more checks on companies' books as they rush to complete their audit reports for companies with a Dec 31 year-end.

'The credit crunch and economic downturn have prompted the various parties to be extra vigilant,' said the vice-president of the Institute of Certified Public Accountants of Singapore, Dr Ernest Kan.

That is not to say that they have not been doing their work, added Dr Kan.

But the financial crisis and the recent reminders by the Accounting and Corporate Regulatory Authority and Singapore Exchange have resulted in auditors focusing more attention on risky areas.

For example, auditors are now asking companies to do a cash flow and profit forecast for the year so that the auditors can assess their future prospects and see if the firms have enough funding coming in.

This is usually not necessary in good times as cash flow is taken for granted, said Dr Kan.

Read the full story in today's edition of The Straits Times.
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28-Mar-2009 12:02 Chartered   /   Chartered after Rights       Go to Message
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well, small shareholders, no matter how many of them , have no choice lah, dont believe? can just go attend EGM and vote against the consolidation, then see result yourself...it is a good experience to attend AGM or EGM to get to know how things run... the reason for the company to consolidate their shares were explained in their document, see post below...

 
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28-Mar-2009 06:52 Chartered   /   Chartered after Rights       Go to Message
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x 0 		You bought on the day when share is traded EX-Rights. thus you are not entitled shareholder

cross567      ( Date: 28-Mar-2009 00:21) Posted:



i am using CPF to buy on 16th Mar and was settle at 19th Mar (full payment), am i entitle tothe rights?? can anyone advise

thank you very much....:)

 
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27-Mar-2009 08:22 Chartered   /   Chartered after Rights       Go to Message
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 oinkoink1999,

do you mean that if after I purchased, say 10 lots of this counter and my average price is 0.115, it will become 1 lot of 1.15? No, share consolidation is not related to your average price. It is related the market price at the point of consolidation.


When will this take effect?  Read the document, i copy and paste below. Time unknown yet, EGM shall be called and shareholder must approve. However, just think of who is the majority shareholder and remember one hand vote is all it takes.




Share Consolidation
Subsequent to the completion of the Rights Offering, Chartered proposes to seek shareholders’ approval at the EGM to consolidate the number of its Shares in issue (“Share Consolidation”) as at a books closure date to be determined on the basis that every ten existing Shares will be consolidated into one Share.

In accordance with Chartered’s articles of association, the Share Consolidation will become
effective only if, and after, it is approved by shareholders at the EGM. Accordingly, the Share
Consolidation will become effective only after the Rights Offering has been completed, and the Shares (directly or in the form of ADSs) offered pursuant to the Rights Offering are being offered on the basis of holdings of Shares prior to the Share Consolidation.
Chartered is proposing the Share Consolidation to help reduce certain fixed costs and volatility in the trading of the Company’s Shares on the SGX-ST, as well as to mitigate the risks of Chartered being delisted from Nasdaq on account of the trading price per ADS falling below US$1 over a sustained period of time.
Further details on the Share Consolidation will be set out in the proxy statement to be issued
accompanying the notice calling for the EGM.
Currently, each ADS is represented by ten Shares and Chartered intends to maintain this ratio after the Share Consolidation.
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27-Mar-2009 07:20 Chartered   /   Chartered after Rights       Go to Message
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when the number of share is consolidated by 10 time , the share price would be adjusted to 10 time of market price before consolidation, keeping the market cap the same..
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26-Mar-2009 09:21 Chartered   /   Chartered after Rights       Go to Message
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For CPF investment you need the agent bank to handle for you,  such as apply for your allotment ( of 10800) and apply for excess rights.

i think you need to consider one more thing, that is after rights issue , share will be consolidated by 10 to 1 ratio.  it means your total 4000+10800=14800 will be divided by 10 to reach final 1480 shares.

even you sell off 800, your final becomes 1400, is this also odd lot you want to hold?

also , 800 nil-paid rights , traded around 3 c in the market is about 24 dollars, if you sell you trading cost is going to be higher than the proceed. so it this worth?

one suggestion for you since you are likely to hold in CPF for a while is to consider applying for excess rights so that you bring your final share holding after consolidation to next rounded thousand, which means you apply 5200 excess rights, making total of 4000+10800+5200=20000, after consolidation, final total is 2000 share.

 
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24-Mar-2009 13:23 Chartered   /   Chartered after Rights       Go to Message
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tho0032      ( Date: 24-Mar-2009 13:17) Posted:

Anybody know the last date trading of chartered rights???
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