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smartrader Elite	14-Sep-2013 12:44        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Warrant trading date is on 30 Sep. New share trading date is 27 Sep. Technically, the mother share price will be stable as the company financial has improved after shareholders inject $13mil via rights issue. With more shares in market, there is increased buying interests from public due to more liquidity. Share price will likely rise gradually and trade above support level of 6.5 cts.
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teeth53 Supreme	14-Sep-2013 11:20        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	AS per se...Right + two free warrant. Now re-cal (not free - tobe  convert for  at 0.0175c each, convertable to mother shr) 5WNR Asiatic R Op-0.127 Cls-0.124 -0.002c -1.6% Vol-5,660,000 Above is...Last average price R-shr + two warrant (convertable) How mkt want it to be is all about how mkt players want it to be?. Would be vested players, do watch SGX new for warrant trading annoucement.
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teeth53 Supreme	14-Sep-2013 10:56        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	" Shouldnt it be total cost divide by 4 shares? (mother share+rights+2 warrants) to derive the average price?" B4 going EX right n Ex-warrant...Asiatic mother shr was last trading at about 0.140c. After EX all shr went traded at about 0.525c.  As players vested in,  still have to folk out Right shr at 0.035c and for two (2) Warrant at 0.0175c (Warrant life  expiring in two years). 5CR Asiatic Op-0.068 Cls-0.069 -0.001c -1.4% Vol-6,140,000 5WNR Asiatic R Op-0.127 Cls-0.124 -0.002c -1.6% Vol-5,660,000 How mkt want it to be is all about how mkt players want it to be?. Vested  players do  watch SGX new for warrant trading annoucement. teeth53 thot - Just contributing some info and sharing my thot here (Not vested).
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MikeMike Member	14-Sep-2013 10:09        MikeMike About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Hope not to lose"
x 1   x 0  Alert Admin	I am no expert but saw this useful guide on converting warrant to shares Step 1: Find out who your warrant agent is from  http://www.sgx.com/wps/portal/marketplace/mp-en/products/securities_products/company_warrants Step 2: Call your warrant agent up. The phone number is listed on the website above. You will need to get them to send you the exercise notice form. Give them your address, and they will mail it to you accordingly. Step 3: Apply for a cashier's order from your bank. The amount on the cashier's order is equal to the value of the warrants to be converted. Cashier's orders can be ordered using internet-banking for free. I went with DBS. However, the cashier's order from internet banking can only be collected at a few branches. Do check out with branches are available before applying.  A $5 surcharge is chargeable if it is applied at the bank itself and not through internet banking. Step 4: Fill up the exercise notice form when you receive it, which will include your name, address, securities account number, and the number of warrants to be converted. Step 5: Prepare an envelope, and put your completed exercise notice form, together with your cashier's order into the envelope. Although it is mentioned in the CDP website that your latest account statement is needed, in actual fact, it is not. You do not need to send it to the warrant agent. However, this is my information from calling up the warrant agent for Saizen Reit. It would be prudent to confirm with your warrant agent. Step 6: Affix a stamp and send your exercise notice! .
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smartrader Elite	14-Sep-2013 07:57        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	It is cheaper to buy rights shares if your intention is to own the mother shares  (not trading). No need to buy mother shares. You can pay up the right shares and convert to mother share at 3.5 cts via ATM. You have 2 free warrants after doing this and these two warrants can be converted at 1.75 cts per share within 2 yrs.
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TuaPekGong9413 Elite	13-Sep-2013 14:53        TuaPekGong9413 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "deity"
x 0   x 0  Alert Admin	Why do ppl still want to buy the rights now? tot if they buy rights now they will also need to buy the more share? eg: 0.125(rights)+.07(mother share)+0.07(1rights & 2warrants) means will be 0.066/share.
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smartrader Elite	13-Sep-2013 10:23        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	If you buy only rights share , it is 3 .
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TuaPekGong9413 Elite	13-Sep-2013 07:23        TuaPekGong9413 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "deity"
x 0   x 0  Alert Admin	shouldnt it be total cost divide by 4 shares? (mother share+rights+2 warrants) to derive the average price? smartrader      ( Date: 12-Sep-2013 22:31) Posted: If u buy rights share at 12.5 cts, you still have to forge out 7 cts to convert to 3 mother shares (3.5cts for one right share and 3.5 cts for 2 warrants shares). Use total costs divide by 3 will give cost  per share. The handling fees are cheap . TuaPekGong9413      ( Date: 12-Sep-2013 22:21) Posted: Still very confuse with warrants. u mean i will hv to pay .175/share for warrant plus other cost?
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Humtaro Member	12-Sep-2013 22:46        Humtaro About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks, Bro Smartrader. To sum up i.e. since today's close on rights 0.126, plus mother share at 0.07 = 0.196, then divided by 3 and it gives 0.065. So, 0.065 will be the 'base' price to start off the day tomorrow.?
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wendel Master	12-Sep-2013 22:37        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once Rights are traded...shareholding is diluted....ppl might sell to lock in profit. But it has ald dropped n is climbing back to where it has fallen. 13 Sep is just the last date to trade n if u r the one holding the rights, wld u wait or throw immediately? Once u throw, the px drops n since it's px had dropped, assumed large amt had ald been thrown. Furthermore, it's human to lock in profits n when stk px moves down, ur reflex is to throw them out. Summary...no cause to worry...movement is minor. Humtaro      ( Date: 12-Sep-2013 21:47) Posted: Bro Wendel, any idea if this will affect the px of the mother share for tomorrow (i.e.going slightly higher or down or remain) around this region. Thanks!   Huat ah!
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smartrader Elite	12-Sep-2013 22:31        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	If u buy rights share at 12.5 cts, you still have to forge out 7 cts to convert to 3 mother shares (3.5cts for one right share and 3.5 cts for 2 warrants shares). Use total costs divide by 3 will give cost  per share. The handling fees are cheap . TuaPekGong9413      ( Date: 12-Sep-2013 22:21) Posted: Still very confuse with warrants. u mean i will hv to pay .175/share for warrant plus other cost?
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smartrader Elite	12-Sep-2013 22:26        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	No.  Based on today's mother share closing at 7 cts, the rights share should trade at 14 cts technically   (closed at 12.6 cts today).    However, there is always a gap between the two as traders due to supply and demand. Humtaro      ( Date: 12-Sep-2013 21:57) Posted: Hi Smartrader, you mean, tomorrow when market open the mother share will be trading around this price? Sorry, I'm a newbie on these rights and warrant thingy. Thanks! smartrader      ( Date: 12-Sep-2013 21:12) Posted: technically, it should be trading at 14 cts based on today closing of 7 cts for mother share.
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TuaPekGong9413 Elite	12-Sep-2013 22:21        TuaPekGong9413 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "deity"
x 0   x 0  Alert Admin	Still very confuse with warrants. u mean i will hv to pay .175/share for warrant plus other cost?
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Humtaro Member	12-Sep-2013 21:57        Humtaro About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Smartrader, you mean, tomorrow when market open the mother share will be trading around this price? Sorry, I'm a newbie on these rights and warrant thingy. Thanks! smartrader      ( Date: 12-Sep-2013 21:12) Posted: technically, it should be trading at 14 cts based on today closing of 7 cts for mother share.
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Humtaro Member	12-Sep-2013 21:47        Humtaro About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro Wendel, any idea if this will affect the px of the mother share for tomorrow (i.e.going slightly higher or down or remain) around this region. Thanks!   Huat ah!
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smartrader Elite	12-Sep-2013 21:42        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	If you buy at 12.5 cts, your average price is 12.5 + 7 cts divide by 3 = 6.5 cts per share.  Your upside is for mother share price to go up to theoretical price of 8.8 cts (which is still possible).  Whether it can go any higher depends on market perceived value of the company business.
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wendel Master	12-Sep-2013 21:37        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rights subscription over liao n that's why a drastic dropped almost 1/3 its original px. Ppl ald has it is trading them. tea444u      ( Date: 12-Sep-2013 21:22) Posted: hi smarttrader...possible for me to make a profit from buying this stock tomorrow then get the rights and warrrants? i haf never dealt with rights and warrants before and dont know how mother share px will play out after the duat has settled? thnak u sir...
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tea444u Master	12-Sep-2013 21:22        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	hi smarttrader...possible for me to make a profit from buying this stock tomorrow then get the rights and warrrants? i haf never dealt with rights and warrants before and dont know how mother share px will play out after the duat has settled? thnak u sir...
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smartrader Elite	12-Sep-2013 21:12        smartrader About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	technically, it should be trading at 14 cts based on today closing of 7 cts for mother share.
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KepoChicken Senior	12-Sep-2013 20:45        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	tomorrow is the last day for Asiatic R trading, think will trade above 0.13
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