Latest Forum Topics / Genting Sing Last:0.765 -0.005 | Post Reply |
GenSp starts to move up again
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teeth53
Supreme |
17-Sep-2009 15:19
Yells: "don't learn through life, learn to grow with life " |
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Between this date your 7,000 shares regardless of whatever px U had paid, are give the right to sell your, for every 1,000 share held (U own), u are given 200 right, so in all U own 1,200 right shares on ex-right dated Sept 18, 2008 (Friday).
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rebeccaleong
Member |
17-Sep-2009 15:17
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Is my best option to buy 3 more lots today n get 2 rights? Thks.
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teeth53
Supreme |
17-Sep-2009 15:11
Yells: "don't learn through life, learn to grow with life " |
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By this date between 28 Sep to 6 Oct. U can choose to sell if U do not wish to convert. Note for every 1,000 share or 1 lot U own. U have 200 right shares provide for U,or give to U, (oni 200 shares). 28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time window allows you to sell away your nil-paid rights | ||||
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rebeccaleong
Member |
17-Sep-2009 15:04
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Hi, very confused by reading sell now then buy right issue at $0.80. Anyone pls enlightened.. I have 7 lots. 5 at 0.65 and 2 at 0.84. What options do i have? Thks
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teeth53
Supreme |
17-Sep-2009 14:48
Yells: "don't learn through life, learn to grow with life " |
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Just some interesting info for sharing....Ya. 12 Oct 28 Sep to 6 Oct Genting_R200 counter will also be set up for trading. For shareholders who do not wish to pay more money ($0.80 per share) to convert his/her nil-paid rights to rights shares, this time window allows you to sell away your nil-paid rights For example, if the mother share now trades at $1.00, the nil-paid rights should be trading at $1.00 - $0.80 = $0.20
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teeth53
Supreme |
17-Sep-2009 13:11
Yells: "don't learn through life, learn to grow with life " |
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Ur average for 90 lot is $670.85 per 1,000 share with ur right of 15lots, U must then apply as much as possible to increase to 100 lots simply B'cos it strike px is at 0.80ct, if U have spare cash, and if U buy from open market. It won't be at 0.80ct, to buy up 10 lots morefrom open mkt, likely ur new average px is about 0.710ct, still it is extreme good and wait for new news rumour to arrive. Good to work out ur budget and don't put all egg into one basket. At 1.10 average strike px, after ex-right.($1.10 x 5) + ($0.80 x 1)/6 = average $1.050 |
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gabjen
Member |
17-Sep-2009 12:37
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Hi,Teeth53,just sold 5lots at 1.10.($5,500),will be getting rights for 15lots....($12,000) Thanks |
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iPunter
Supreme |
17-Sep-2009 10:39
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Yup... time relax and go for a bandung... or bloody mary... |
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cathylmg
Elite |
17-Sep-2009 10:37
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I came out already. Will buy when the dust have settled down. | ||||
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AnthonyTan
Elite |
17-Sep-2009 10:32
Yells: "patience" |
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Not vested, stay on sideline. Watching the chicks pass by. Since the right is 80cts. I dont mind to pay a small prenium.above the right. Good luck |
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iPunter
Supreme |
17-Sep-2009 10:24
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If it is going to go up, it would have cheonged up with great force immediately after the halt... Just like the hell-gates being opened on the first day ... All would be gushing out and guzzling up like hungry men... .... hehehe.. |
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chewwl88
Member |
17-Sep-2009 09:02
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Yes, there still got room to up.... |
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risktaker
Supreme |
17-Sep-2009 08:24
Yells: "Sometimes you think you know, but in fact you dont" |
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Close to 1.20 :) range 1.17-1.19 this week
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dealer0168
Elite |
16-Sep-2009 22:58
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Alot of seller out there. Above $1.20 sound .............possible? Anything from current price to $1.125 is ok..........n i believe there is still buyer there. Anything above, depends liao. |
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dealer0168
Elite |
16-Sep-2009 22:53
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Emm unless this few days Genting shot up to above $1.20. If not, i don't think XR will land there.
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keepnosecrets
Master |
16-Sep-2009 22:40
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XR day should be around $1.05 to $1.09 and then move from there. |
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risktaker
Supreme |
16-Sep-2009 22:17
Yells: "Sometimes you think you know, but in fact you dont" |
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TP for this week is close to 1.20 :)
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teeth53
Supreme |
16-Sep-2009 22:11
Yells: "don't learn through life, learn to grow with life " |
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If I m a day trader, in house trading, I won't buy at $1.140ct I shall be a contraian (buy n sell). Noted: No calling to buy /sell or hold, do home work 1st. |
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teeth53
Supreme |
16-Sep-2009 22:04
Yells: "don't learn through life, learn to grow with life " |
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Sell if U must at $1.130ct n take ur capital back, for 0.80ct to arrive at (1/3 px drop), presume is gap down, is a up hill task (bearing unforseen) is more difficult then climbling a uphill. For tomorro can be another good day to push up by BBs back to $1.14ct, just guess oni...Ya Me: I don't have or hold such share (not vested). Just watching n sharing..have a nice day.
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gabjen
Member |
16-Sep-2009 21:41
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If that's the case it's even better.But I usually work on a safer margin .
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