Latest Forum Topics / Yoma Strategic Last:0.065 +0.001 | Post Reply |
Myanmur Attracting US$500 mil funds
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2egg4kosong
Member |
31-May-2012 14:51
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I bought 30 lots (CR)  @ $0.44 on 29 May and sold 30 lots (XR) @$0.385 today. I am entitled to 24 lots of rights shares, right? | ||
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GuavaXF30
Master |
31-May-2012 14:13
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Yes to the dilution possibility but it can also go other way as is happening now. So if you bought at pre-close last night, and then the price go ups to 0.41 and you sell, essentially you would have gotten the rights at 0.24 when the fair value is 0.33. But that's already out-dated as the share price is now hitting 0.39, which may mean it will liekly go higher than 0.41. Good profit for those who sold at Tuesday 0.46 and buy back the next day 0.41.
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hooyou1312
Member |
31-May-2012 13:30
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huh? so u mean now i want to subscribe via ATM cannot already?
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teeth53
Supreme |
31-May-2012 13:29
Yells: "don't learn through life, learn to grow with life " |
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Today opening prices trade of at 0.335 cts, now speculating / trading at 0.375, for a four cts gain.   |
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teeth53
Supreme |
31-May-2012 13:24
Yells: "don't learn through life, learn to grow with life " |
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At yesterday ckised price $0.410x5=$2050  + (0.240x4=$960) $960/9lots=0.334.45 cts per LOT.
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teeth53
Supreme |
31-May-2012 13:17
Yells: "don't learn through life, learn to grow with life " |
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If bot it yesterday, can subscribe, today cannot liao. | ||
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teeth53
Supreme |
31-May-2012 13:16
Yells: "don't learn through life, learn to grow with life " |
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X Right  mean - x date the right  liao. No more to subscribe...that Y price fall. | ||
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thunderdoor
Senior |
31-May-2012 10:35
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If I sell my shares today I will I still have the rights? I called SCB today and they said they will only start recording at 4 june so if I don't hold on to my shares till then I would have forfeited my rights. But what i read about XR is different, if i sell won't i still have the rights? So which is which? | ||
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viromics
Member |
31-May-2012 10:35
Yells: "Trade for survival not for riches" |
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You can pay to buy through ATM, or call your broker, | ||
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hooyou1312
Member |
31-May-2012 10:28
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oh... so if i have 15lots before XR, i can buy 12lots at 0.24 per share? hmmm.. when or where can i find the option to exercise this? sounds like an ok deal, no? am i missing smthing here? if thats the case, shouldnt the share price drop more than what it did today? |
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viromics
Member |
31-May-2012 10:15
Yells: "Trade for survival not for riches" |
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You buy 5 shares before XR and then you are entitled to buy 4 shares at 0.24 | ||
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hooyou1312
Member |
31-May-2012 10:08
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can someone explain to me how this rights issue works? does 4 for 5 @ 0.24 means for every 4shares i have, its converted to 5 shares thats valued at 0.24? haha paiseh... newbie.. =/ |
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gavinl
Elite |
31-May-2012 09:43
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:) You are quite a fast learner.
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viromics
Member |
31-May-2012 09:40
Yells: "Trade for survival not for riches" |
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Hi, an additional thought, since the rights dilute the shares value, the  true value should be lower than the calcualted,  a better entry point should be lower than 0.33 in theory, |
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viromics
Member |
31-May-2012 09:35
Yells: "Trade for survival not for riches" |
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thanks a lot, Guava Master, I am keeping a close eye on Yoma because risktaker mentioned it, | ||
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GuavaXF30
Master |
31-May-2012 09:10
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Hi Viromics. I use simple method of counting how much the rights will cost you to pick up plus the cost of your holdings of the shares at the end of last night.  So at 0.41 x 5 shares, you can buy  at  0.24 x 4 rights. Add them together and divide by 9 (the rights become shares after converting). Think this should be correct.  
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viromics
Member |
31-May-2012 08:50
Yells: "Trade for survival not for riches" |
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Hi, Guava Master, kindly enlighten me how you calculate the value, rights at 0.24,  when it converts to shares, how much does it cost?  | ||
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GuavaXF30
Master |
31-May-2012 08:40
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Went Ex-Rights today. At yesterday's close of 0.41, fair value today should be 0.337 (4 for 5 rights at 0.24). Anything above is a plus for purchase at 0.41.
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rayyeo
Senior |
30-May-2012 17:04
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Didn't see BB throw away... still holding well.. Btw....i'm curious, are you PAPASMURF? Your postings look so much alike. |
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Super.White
Senior |
30-May-2012 17:00
Yells: "Go against the flow" |
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Be patient with Myanmar. Reward for those who can wait.   |
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