Latest Forum Topics / Keppel Land | Post Reply |
Kepland
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matthewsoh
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12-May-2009 09:58
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just keep this stock long enough , you will see wonderful things ... | ||||
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Kensonic77
Veteran |
12-May-2009 09:55
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Same scenario as compared with other property stock when trading XR… Today contra at 1.95… Out at 2.33 Now waiting to buy more at below $2.00 |
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equator2010
Senior |
12-May-2009 09:43
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matthewsoh thanks for your replies and explanation. i got the shares (at not too good a price) at 2.31...hope it can go up again to 2.4-2.6 tomorrow. cheers. |
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matthewsoh
Senior |
12-May-2009 09:28
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btw ... this stock can hit to very high during right trading period , a driving force to push the nil paid rights to very high also. I am not suprised if the last day price of nil paid right is $1.8 when the mother shares is 3.5.. Reason is that this counter has brother counters which has already trading in the $3.5 region .. like capitaland and CDL. |
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matthewsoh
Senior |
12-May-2009 09:24
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haha .. i told you :) the price is right ... so those who bought 1.9 , very lucky!! haha ... |
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matthewsoh
Senior |
12-May-2009 09:13
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the price should return to 2.2 after all these contra sales , so if you want to buy slightly discounted stocks, you can come in now. Tmr onwards will be back to 2.4 -2.6 | ||||
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equator2010
Senior |
12-May-2009 02:14
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When is theoretically the better time to buy Kepland ? 12 May when it trades ex-R or on the day the rights become converted to a share ? Theoretically, I thought it could be when the rights have been converted but I may be wrong. Please help clarify. Thanks ! |
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huateduck
Member |
11-May-2009 23:55
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Hi guys, I got one question. If I just purchase some lots on 11 May, and decided to sell on 12 May but I am buying on contra. Will I still be issued with the rights? |
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freeme
Elite |
11-May-2009 23:07
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it should open at about 1.94 ba |
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Kensonic77
Veteran |
11-May-2009 22:59
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Drop to 1.52 and let me collect more shares... LOL
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HLJHLJ
Veteran |
11-May-2009 22:44
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Glad to hear $20/lot. I'm looking forward to this day...LOL> Don't panic, keep long term. Have a margin of safety, if it drops badly (say 10%), cut, otherwise keep long long...
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matthewsoh
Senior |
11-May-2009 20:43
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Chartered and Capitaland did not drop to their theoretical XPs .. but the only fear is market sendiment :) But the price should RISE when the rights start trading haha.... So hold ... hold and hold by 2012 , kepland is $20 per lot haha.. |
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Alligator
Veteran |
11-May-2009 20:19
Yells: "learning from past " |
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today last day of CR. tomorrow first day XR, price should be adjusted by dilution of share to about 1.99 |
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matthewsoh
Senior |
11-May-2009 19:57
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Today's price closed lower than expected because of profit taking in the market. Nevertheless it could be good news to those who held to these stocks. Tomorrow may expect a slight dip to 2.4 and may go lower. However expected price to stablise at $2.8 during the trading of the nil paid rights share... and expecting this share to trade at 3.3 - 4 after dilution after news on how the capital could be used in strengthen the foothold in the asia market. |
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ozone2002
Supreme |
11-May-2009 09:45
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BMW showing that its worth a BMW pricing :) tripled ur money if u had boought @ $1+ |
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Kensonic77
Veteran |
10-May-2009 13:32
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It all depends on the closing price on 11 May 2009 and the market situation. You can buy the rights and top up another 1.09 to have it converted to ordinary shares. Conversion ratio is 1:1
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Chua_01
Member |
10-May-2009 12:38
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Senior Kensoni17, if the right trade at S$ 0.89 , cheaper to get from the market instead by at S$ 1.09 ? Right ? Am I right to say that buying the right is between 12 May - 18 May 2009? Once get the right during this period , will it automatic convert to mother share later ? I am confusing ...
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Kensonic77
Veteran |
10-May-2009 10:57
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I have sold shares and now waiting to buy the rights and convert them to oridinary shares. Hoping to get it cheap... Key dates to take note:- Last day of “cum-rights” trading of Keppel Land - 11 May 2009 First day of ex-rights trading for the Rights Issue - 12 May 2009 Commencement of “nil-paid” Rights trading - 19 May 2009 Last day of “nil-paid” Rights trading - 27 May 2009 Last day of acceptance and payment for Rights Shares - 2 June 2009 at 5pm (930pm for electronic) Expected date of trading of Rights Shares - 12 June 2009 Those who hold Keppel Land shares at the of market day on 11 May 2009 will be entitled to the Rights. Each existing shareholder will be entitled to nine RIghts Shares at an issue price of $1.09 for every ten ordinary shares of Keppel Land that they hold. For example if Keppel Land trade at $2.78 (today’s price) on 11 May 2009, the theoretical ex-rights price on 12 May 2009 will be (2.78 x 1000 + 1.09 x 900)/1900 = $1.98 Based on a price of $1.98, the Rights should trade at around 1.98-1.09 = $0.89 Shareholders will have these options: 1) Sell off their Rights at the prevailing market price 2) Pay $1.09/Rights to “convert” all their Rights into ordinary shares 3) Pay $1.09/Rights to “convert” all their Rights into ordinary shares and apply for excess Rights Shares 4) Pay $1.09/Rights to “convert” some of their Rights into ordinary shares and sell off the rest of their Rights |
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matthewsoh
Senior |
09-May-2009 13:12
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very good point! so what we would see the price of kepland mother share would be still high during the trading period and that make nil paid rights expensive too ? kepland may hit $3.5 even after right shares dilution | ||||
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Kensonic77
Veteran |
09-May-2009 12:35
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