Latest Forum Topics / Rex Intl Last:0.112 -- | Post Reply |
Rex International
|
|||||||||
teeth53
Supreme |
29-Aug-2013 23:51
Yells: "don't learn through life, learn to grow with life " |
||||||||
x 0
x 0 Alert Admin |
Share trading will continue from where is stop today. Pending oneself risk appetite, mkt BBs play, anyway - DOW is Green green tonite, +80 points  and so on...anyway. Rex should be oso abit in green. finishing can be abit flat to abit +ve upside. Tml STI mkt green.
|
||||||||
Useful To Me Not Useful To Me | |||||||||
Gooners1975
Member |
29-Aug-2013 23:43
|
||||||||
x 0
x 0 Alert Admin |
have to say that actually Rex does not even need stabilising as it has performed way much much better than expected from its initial pricing | ||||||||
Useful To Me Not Useful To Me | |||||||||
|
|||||||||
teeth53
Supreme |
29-Aug-2013 23:39
Yells: "don't learn through life, learn to grow with life " |
||||||||
x 0
x 0 Alert Admin |
Check with broker...?. Hope do know The mgr (UOB Kay hian)  hav to made announcment to as according to rule and regulation in SGX-ST.  UOB Kay Hian Private Limited as the Stabilising Manager in respect of the Invitation, hereby announces the following:.... MISCELLANEOUS :: EXERCISE OF OVER-ALLOTMENT OPTION AND CESSATION OF STABILISING ACTION IN RELATION TO THE INVITATION IN RESPECT OF 142,500,000 INVITATION SHARES COMPRISING 2,500,000 INVITATION SHARES BY WAY OF PUBLIC OFFER AND 140,000,000 INVITATION SHARES
|
||||||||
Useful To Me Not Useful To Me | |||||||||
starlene
Elite |
29-Aug-2013 23:38
|
||||||||
x 0
x 0 Alert Admin |
The 140mil shares no major shareholders have sold and the 2.5mil was 153 times oversubscribed-question of demand & supple with clear the demand is there otherwise it will not trigger the overallotment issues-good sign despite STI went under 3000,T REX did not go below 70cts and recovered to 75.5cts,also the drop recently was on low volume..I have confidence in REX,hope will go up higher 
|
||||||||
Useful To Me Not Useful To Me | |||||||||
muifan
Master |
29-Aug-2013 23:34
Yells: "Take the leap of faith dont regret 20 years later!" |
||||||||
x 0
x 0 Alert Admin |
thanks for the enlightenment ...
|
||||||||
Useful To Me Not Useful To Me | |||||||||
|
|||||||||
teeth53
Supreme |
29-Aug-2013 23:32
Yells: "don't learn through life, learn to grow with life " |
||||||||
x 0
x 0 Alert Admin |
Before  - Rex International is offering  142.5m new shares at $0.50 each for a Catalist listing. i) 140m shares is for an international placement and ii) 2.5m shares is for a public offering...and after... Now - SGX-ST. Announcement nos 67...EXERCISE OF OVER-ALLOTMENT OPTION AND CESSATION OF STABILISING ACTION IN RELATION TO THE INVITATION IN RESPECT OF.............item i) and item ii). hopefully. teeth53 thot - it is fairly common as according to rule, it must announced it. Cessation of Stabilising.......
|
||||||||
Useful To Me Not Useful To Me | |||||||||
teeth53
Supreme |
29-Aug-2013 23:20
Yells: "don't learn through life, learn to grow with life " |
||||||||
x 0
x 0 Alert Admin |
Before  - Rex International is offering  142.5m new shares at $0.50 each for a Catalist listing. i) 140m shares is for an international placement and ii) 2.5m shares is for a public offering...and after... Now - SGX-ST. Announcement nos 67...EXERCISE OF OVER-ALLOTMENT OPTION AND CESSATION OF STABILISING ACTION IN RELATION TO THE INVITATION IN RESPECT OF.............item i) and item ii). hopefully. |
||||||||
Useful To Me Not Useful To Me | |||||||||
Ptmptm
Member |
29-Aug-2013 23:10
|
||||||||
x 0
x 0 Alert Admin |
Personally I think that placement after iPo is a great achievement.
You think any dog dick and Harry company wants to do placement , people will want take the placement?? Haha
|
||||||||
Useful To Me Not Useful To Me | |||||||||
|
|||||||||
muifan
Master |
29-Aug-2013 22:53
Yells: "Take the leap of faith dont regret 20 years later!" |
||||||||
x 0
x 0 Alert Admin |
sorry pasted too much lol
|
||||||||
Useful To Me Not Useful To Me | |||||||||
muifan
Master |
29-Aug-2013 22:51
Yells: "Take the leap of faith dont regret 20 years later!" |
||||||||
x 0
x 0 Alert Admin |
Was curious about this over allotment thingy... went to read abit, for those that are curious: definition of overallotment:
An option commonly available to underwriters that allows the sale of additional shares that a company plans to issue in an initial public offering or secondary/follow-on offering. An overallotment option allows underwriters to issue as many as 15% more shares than originally planned. The option can be exercised within 30 days of the offering, and it does not have to be exercised on the same day. Investopedia explains 'Overallotment'The underwriters of such an offering may elect to exercise the overallotment option when demand for shares is high and shares are trading above the offering price. This scenario allows the issuing company to raise additional capital. Other times, the purpose of issuing extra shares is to stabilize the price of the stock and prevent it from going below the offering price. If the stock price drops below the offering price, the underwriters can buy back some of the shares for less than they were sold for, decreasing the supply and hopefully increasing the price. If the stock rises above the offering price, the overallotment agreement allows the underwriters to buy back the excess shares at the offering price, so that they don't lose money |
||||||||
Useful To Me Not Useful To Me | |||||||||
Simpsons
Veteran |
29-Aug-2013 22:50
|
||||||||
x 1
x 0 Alert Admin |
Let us not be too optimistic as it is very strange to have placement for a new ipo. Pls trade with care. | ||||||||
Useful To Me Not Useful To Me | |||||||||
Gooners1975
Member |
29-Aug-2013 22:42
|
||||||||
x 0
x 0 Alert Admin |
Unless I misinterpret, I guess the opinion is that Rex will rise
|
||||||||
Useful To Me Not Useful To Me | |||||||||
|
|||||||||
dicksonh
Veteran |
29-Aug-2013 22:39
|
||||||||
x 0
x 0 Alert Admin |
Are we expecting Rex to rise? | ||||||||
Useful To Me Not Useful To Me | |||||||||
Ptmptm
Member |
29-Aug-2013 22:32
|
||||||||
x 0
x 1 Alert Admin |
With just 5.3 million shares traded today, this share placement took many traders by surprise. I guess alot of traders who lose $$$ on Rex really miss the boat this time. Sigh... |
||||||||
Useful To Me Not Useful To Me | |||||||||
Simpsons
Veteran |
29-Aug-2013 22:23
|
||||||||
x 1
x 0 Alert Admin |
hmm..i dun think will toh..but a bit strange to have placement as it is a new ipo..tomorrow check with broker.. | ||||||||
Useful To Me Not Useful To Me | |||||||||
muifan
Master |
29-Aug-2013 21:59
Yells: "Take the leap of faith dont regret 20 years later!" |
||||||||
x 0
x 0 Alert Admin |
toh...
|
||||||||
Useful To Me Not Useful To Me | |||||||||
Gooners1975
Member |
29-Aug-2013 21:55
|
||||||||
x 0
x 0 Alert Admin |
wondering what will the impact be in the morning.....these past 2 days near closing time, lots of buying happening and pushes up the price | ||||||||
Useful To Me Not Useful To Me | |||||||||
muifan
Master |
29-Aug-2013 21:48
Yells: "Take the leap of faith dont regret 20 years later!" |
||||||||
x 0
x 0 Alert Admin |
EXERCISE OF OVER-ALLOTMENT OPTION AND CESSATION OF STABILISING ACTION IN RELATION TO THE INVITATION IN RESPECT OF 142,500,000 INVITATION SHARES COMPRISING 2,500,000 INVITATION SHARES BY WAY OF PUBLIC OFFER AND 140,000,000 INVITATION SHARES BY WAY OF PLACEMENT AT S$0.50 PER INVITATION SHARE sianzzzzz
|
||||||||
Useful To Me Not Useful To Me | |||||||||
Simpsons
Veteran |
29-Aug-2013 21:29
|
||||||||
x 0
x 1 Alert Admin |
Placement to who??
Normal share placement stocks all chiong leh.. |
||||||||
Useful To Me Not Useful To Me | |||||||||
muifan
Master |
29-Aug-2013 21:00
Yells: "Take the leap of faith dont regret 20 years later!" |
||||||||
x 0
x 0 Alert Admin |
Nothing good ( (
|
||||||||
Useful To Me Not Useful To Me |