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rainbow9 Member	28-Sep-2007 12:32        rainbow9 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As we know 1 lot of lantro , we can have 2 lot of right issue...shares freefloat will be enlarge so there  should be a price adjustment on 24 Sept but the shares did not drop instead it rise today. It really puzzled me anyone can help to clear my doubts. Thank
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simonking Member	11-Sep-2007 12:01        simonking About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks, received the mail today. Next step is to take up the right issue, plan to use ATM to make payment..After deducted the dividend I need to top up $1K ++getting the full Right . In this case ATM there will calculated the actual amount u own(like payment contract share) or we have to figure out the amount and key in to make payment? Thanks
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coolguy8888 Member	09-Sep-2007 14:37        coolguy8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mine was in my cdp account last week.Just received it in my mail yesterday. You should receive your by tomorrow as they have started despatching to all shareholders from the 7th sept.   rgds
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Pension Elite	09-Sep-2007 13:24        Pension About Contact  Quote this Post!
x 0   x 0  Alert Admin	the right issue is up for trading, I think you better contact cdp for this matter. If you can access your account at cdp.com.sg, you can check whether you are given any right issue.
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simonking Member	09-Sep-2007 13:17        simonking About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just want to check with ur's, anyone already received the right issued form ? my till today not received any thing yet a bit worried....
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Pension Elite	04-Sep-2007 21:13        Pension About Contact  Quote this Post!
x 0   x 0  Alert Admin	mothershare drop more than 50% after issue of rights. market will be flooded with share and maybe 12 months later, share consolidation 10 lot into 1.
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unnamed79 Member	04-Sep-2007 21:06        unnamed79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks a lot tiandi for the clear explanation
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tiandi Senior	03-Sep-2007 20:52        tiandi About Contact  Quote this Post!
x 0   x 0  Alert Admin	unnamed79, sound like you are trying to know the procedure of the Rights, this is covered well by CDP procedure.. May be you can see the links below to understand all you need to know about the procedure.  Q: Will shareholders be receiving notification about when to pay how to pay to exercise the rights? Is the notification by mail or what? I have no idea where to go and pay to exercise my rights leh.... A: yes, CDP will send you a big envelop containing prospectus, ARE form and the special envelop. This will occur on BCD+3, since BCD is Aug31, you should see this very soon, this week may be 5 or 6 Sept. Then you should check your CDP account via internet to see that you are allocated with 100000 of Nil-Paid Rights shares with should have Lantro Vis R as its counter ticker. Since you want to eXERCISE, so you DO NOTHING during the Rights Trading periods of Sept 7-17, in other words, YOU DO NOT SELL your 100K Lantro Vis R When to pay: before Sept 21 as announced in sgx website unless the prospectus is different and date on prospectus is the correct date. How to pay to exercise the Rights :  by ATM, or follow the prospectus, by sending the special envelop with ARE Form plus payment. Follow the procedure. However, ATM is the simplest to do.  Hope this helps.. http://www.cdp.com.sg/corporate/right_schedule.html   LANTROVISION (S) LTD RIGHTS Announced on 2007-08-21 Particulars : OFFER OF 2 FOR 1 @ $0.013 Ex-date : 31 Aug 2007 Buy-In Last Cum Date : 5 Sep 2007 Record Date : 4 Sep 2007 Rights Closing Date : 21 Sep 2007 Rights Trading Period : From 7 Sep 2007 To 17 Sep 2007
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francisd Veteran	03-Sep-2007 19:42        francisd About Contact  Quote this Post! Style: Combined   Mood: Yells: "BUY LOW SELL HIGH"
x 0   x 0  Alert Admin	Wait for the letter by mail.  Cheers.
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unnamed79 Member	03-Sep-2007 18:53        unnamed79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any body vested in LantroV? Need some clarifications with regards to the rights issue. Will shareholders be receiving notification about when to pay how to pay to exercise the rights? Is the notification by mail or what? I have no idea where to go and pay to exercise my rights leh.... Anybody can advise? TIA
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unnamed79 Member	02-Sep-2007 23:22        unnamed79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quote: Shplayer "unnamed79, In your calcs for averaging down, you did not take into account the cost of buying the Rights?  Price of the rights + exercise price is usually at a slight discount to the current share price." Hi i thought to exercise my rights shares, I just need to pay (no of shares x 0.013) ? You mean I need to pay other fees/cost involved? Pls advise....
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joshlai86 Veteran	02-Sep-2007 22:31        joshlai86 About Contact  Quote this Post!
x 0   x 0  Alert Admin	wat i mean is u cant be buying rights shares on the market at 1.3cents!!! rights are tradable,sorry for the misinterpretation. but the idea of buying more rights shares than u r entitled is not valid. u can apply to buy more, but not necessary u'll be alloted.
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shplayer Elite	02-Sep-2007 17:57        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	unnamed79, In your calcs for averaging down, you did not take into account the cost of buying the Rights?  Price of the rights + exercise price is usually at a slight discount to the current share price.
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Nokita Senior	02-Sep-2007 17:27        Nokita About Contact  Quote this Post!
x 0   x 0  Alert Admin	rights are tradeable. It has value, and you can sell it if you dont want it. if you hold it, or buy it, you then exercise it by paying up the relevant amount to the company and get shares in exchange.
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joshlai86 Veteran	02-Sep-2007 11:18        joshlai86 About Contact  Quote this Post!
x 0   x 0  Alert Admin	rights are not tradable on sgx. what you are alloted is what u get. if not like wat u said,everyone wld be making profits just by buying rights shares in the market rights shares are an entitlement,not a free for all to buy.
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unnamed79 Member	02-Sep-2007 09:25        unnamed79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi all, will the rights shares of LantroV be tradeable on SGX ? Cause if so, ppl can just buy more rights shares than they are entitled to and avg down significantly such that they make a profit straight away, provided the share price remains at 0.05~0.07 region.   Eg, I have currently 50 lots(Bought at 0.185). Thus I am entitled to 100 lots from the rights issue. So in total if I excercised my rights, I would have a total of (50Kx0.185)+(100Kx0.013) = $10550 invested. Last traded price of 0.07. So if the rights are available on the market, I just need to buy another 150 lots at (150Kx0.013) = $1950 to avg down further such that now 1 share = (10550 + 1950) / 300lots = $ 0.0417   Assuming last done price stay at $0.07, I immediately make gain of around 67%. Is this scenario possible? Theoretically speaking.
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petegrin Member	31-Aug-2007 14:26        petegrin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanx golfgila! Now I understand better how things work :) but you mean you just top the $70 and you will then be entitled to 20 more lots? today's price is like 0.07, so 20 lots will cost $1400 in the market. so it is really a good deal to get the 20 lots for so-called $70 ?? hope u dun mind all my questions... previously i only came across of dividends :P
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Pension Elite	31-Aug-2007 10:36        Pension About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope it not like genting, once the right is out in the market, the bb will come in again to push it down. this counter oso depend very much on the fed bernake, if he say something not favor tonight, the whole market will collapse on monday.
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Pension Elite	31-Aug-2007 09:59        Pension About Contact  Quote this Post!
x 0   x 0  Alert Admin	wah such a great drop.
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Mouser Member	31-Aug-2007 09:59        Mouser About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just like to check has anyone receive the letter for the rights offer yet?
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