Latest Forum Topics / Asiatic Last:0.002 -- | Post Reply |
Asiatic
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teeth53
Supreme |
31-Aug-2013 13:21
Yells: "don't learn through life, learn to grow with life " |
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For everyone lot held at 0.140c - assuming, one has to pay 0.070c for one " new share" + two warrant. After it went Ex-right, share was down to it 0.530c on first Ex-day  opening.  With  " new share" selling@0.035c (to be pick up by players). Was wondering  how will it work out!!. +  two warrant set@0.0175c  to pay for,  players still required to  convert warrant  into mother share, mkt players will still hav to folk out the different  to convert into mother share. paying  the different by topping whatever price  maybe. Thought warrant is convertible to mother share within 2 years - right?. Whatever mkt players is playing on mother share + 'new share" is value  by mkt players (to be trade on.....) Last mkt prices  closed@0.052 cents     |
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teeth53
Supreme |
31-Aug-2013 12:55
Yells: "don't learn through life, learn to grow with life " |
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Yup, no one will or wish to  sell at that price of 2.3 cents. one for one right at 0.035c plus two warrant to subscribe at 0.0175c each. Think today players buy/sell (trade  value) at average of 0.0525, that is based on last day before it went Ex. Assuming on average is $0.140 cents players bought on last day before it went Ex-right. |
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smartrader
Elite |
31-Aug-2013 12:54
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Take reference from 6.5 cents per share during placement exercise - this is price the substantial shareholders think it is worth investing in the company future growth. Allowing them to double their holding at 3.5 cents per share via rights issues with free warrants have even lower their entry price per share.
Therefore, the share price has to climb back to at least 6.5 cts after rights issue exercise. But It could go higher and higher as these substantial shareholders think the company can go further - the very reason why they put their monies into the company at 6.5 cts per share. |
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smartrader
Elite |
31-Aug-2013 12:46
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Based on prospectus, dilution after ex-rights, NTA is 5.75 cts . The share price cannot be so low at 2.3 cts - no one will sell at this price.
3.5 cents per rights issue and if fully subscribed will raise the capital base for the company - so technically it is not 2.3 cents. We cannot dilute the warrant as there is a time value of 2 years for the warrant holders to be vested in the company future without putting in more capital. The 2.3 cents is simply the intrinsic value or base for cum rights - 7 cents divided by 3 shares if bought during rights trading . |
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teeth53
Supreme |
31-Aug-2013 09:09
Yells: "don't learn through life, learn to grow with life " |
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On short term trading, players is somewhat value Asiatic just at about 53 for a start and for  quick profiting  trading. Hope, technically how it arrive at 2.3c. thk (kam sia).
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teeth53
Supreme |
31-Aug-2013 08:59
Yells: "don't learn through life, learn to grow with life " |
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So first day trading after it went Ex-Right, is  really is profiting for players to go into heavy distribution and on 2nd trading day too. Info is ONLY for sharing and for short term trading, just promoting stk / shr trading interest in SJ forum. Thk also to smartrader  for also sharing info, can further elaborate how it arrive at 2.3 cents?, thk thk in advance.
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teeth53
Supreme |
31-Aug-2013 08:52
Yells: "don't learn through life, learn to grow with life " |
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http://infopub.sgx.com/FileOpen/AGH-ANN-20130528-Rights-Wrt-Placement-Final.ashx?App=Announcement& FileID=239710 Technically after all and every mother shares, new shares  and warrant is account for...is value at 0.023 cents. teeth53 thot - players mkt value range from a high of 0.059c to a low of 0.050c (over the last two day trading after it went Ex-Right). after it went Ex-Right. Players were trading and changed hands on first day to high of 0.059c and closed of at 0.054c. 2nd day, Friday - Players were changing hands at 0.05c to 0.054c. it closed 2 cents lower at 0.052c
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smartrader
Elite |
31-Aug-2013 06:31
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Those who did what you say are going for coffee money unless they are trading in huge volume. As of now till listing of new rights share, the share base is only 251 mil and most are in investors holding more a million shares - which provides stability. When things stabilise, there will be gap up in share price.
The share has an intrinsic value due to its viable business. So if it goes down too low, value investors will mop up the mother shares - even speculators will mop up. This sets the share price . If a person own the rights or bought it and sell at ex-rights, technically he owns the share at 2.3 cents per share - so he has to sell the mother shares higher than this. Barring any bad news, the share price will not go to this level as there many buyers waiting to buy in due to NTA at 5.75 cents. |
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terencefok
Master |
30-Aug-2013 23:32
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Am I right to say that even on last day cum rights, people buy in at the last minute because of the free warrants, then immediately sell off on ex rights as they are already entitled to the free warrants if they subscribe the rights?
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JarolLo
Veteran |
30-Aug-2013 21:07
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Today lay afternoon I supported with 100 lots from my CPF money. Keep under my pillow for my retirement fund.
15 years later become 100kg of gold bars, haha, ho sei Liao
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smartrader
Elite |
30-Aug-2013 20:24
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It has to rebound as these two days trading volume were by some for quick profits. Major shareholders will exercise rights share and stay put.
Sellers are those who have the shares before rights. During rights trading, if it goes further down, opportunists with deep pockets will buy the rights with free warrants and mother shares as well for good profits. Short sellers are not many for this stock. |
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terencefok
Master |
30-Aug-2013 16:27
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Next few days, any idea if a rebound is coming? | ||||||||||||||||||||||||||||||||||||||||||
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smartrader
Elite |
29-Aug-2013 19:56
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Good prospect in 12 mths time frame. Hydroplant in vietnam and biomass plant in perak on schedule for ops in 1Q14. | ||||||||||||||||||||||||||||||||||||||||||
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shuncheng
Member |
29-Aug-2013 13:18
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Anyone can help to advise what is the prospect of this stock | ||||||||||||||||||||||||||||||||||||||||||
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smartrader
Elite |
29-Aug-2013 09:25
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Longer term investors with rights entitlement should not do anything . Price will go up after successful rights issue - the gain is 4-fold . | ||||||||||||||||||||||||||||||||||||||||||
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teeth53
Supreme |
29-Aug-2013 09:25
Yells: "don't learn through life, learn to grow with life " |
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I don like shr conversion,  when is  time for  shr is to be convert, (sure way for BBs  and is  better to convert at cheapers rate.) | ||||||||||||||||||||||||||||||||||||||||||
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teeth53
Supreme |
29-Aug-2013 09:13
Yells: "don't learn through life, learn to grow with life " |
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5.6 cents to 5.5 cents...current trading. Heavy distribution and profiting@0.058c/0.59c     |
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teeth53
Supreme |
29-Aug-2013 09:01
Yells: "don't learn through life, learn to grow with life " |
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Company went XR. Opening price 0.053cents...Happi speculating. | ||||||||||||||||||||||||||||||||||||||||||
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smartrader
Elite |
27-Aug-2013 11:21
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Still in the money at this price -- 17 cts can still make profits as ex-right will mean additional fund to stabilise the company financial. | ||||||||||||||||||||||||||||||||||||||||||
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TuaPekGong9413
Elite |
27-Aug-2013 10:10
Yells: "deity" |
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seems like .14 is the support and T+3 up,  last week contras  selling now. smart, what  price you think they will whack up further?  | ||||||||||||||||||||||||||||||||||||||||||
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