Latest Forum Topics / Cedar Strategic | Post Reply |
CEDAR TUA HUAT
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zyyzzy
Member |
04-Nov-2013 19:41
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So many people queuing to sell at 0.001 for the rights, who would want to exercise the rights at 0.005 when u can get it at 0.001? And if nobody is going to buy, isn't it as good as giving the company free money?? |
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yummysukiyaki
Senior |
04-Nov-2013 17:16
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It looks like buying the mother share at .004 is cheaper than buying the rights now!? | ||||
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Xiang90
Senior |
31-Oct-2013 16:18
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Only a lone 50 000 lots sold @ 0.004
But if buy mother shares will be 25++ com unless gg through broker 40++? Besides rights is foc on com charges I believe just my view..
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zyyzzy
Member |
31-Oct-2013 16:10
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What is the benefit of getting the rights if u can get the same or cheaper price from the mother share? other than the 30 bucks u pay to ur broker. | ||||
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dekmelvie
Senior |
30-Oct-2013 23:33
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You might get lucky to get it. Once this bad sentiment finish it will go back to .008. Caveat!
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xing78
Elite |
30-Oct-2013 22:01
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q to buy below 0.005 seems a better option to me.
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Xiang90
Senior |
30-Oct-2013 16:59
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Opps, thought i was talking about getting rights today.. My bad! Yes XR was yesterday. Any ideas when Rights will be ready for trading?
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ninjawarrior
Member |
30-Oct-2013 10:17
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It's for every 2 shares of CEDAR you hold. You will be entitled to 1. Means if i have 100 lots. You can get 50 lots only for 0.005 each.
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dekmelvie
Senior |
30-Oct-2013 10:14
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It is 1 for 2 @ .005. Xr was 25oct13. Even u buy yesterday u couldnt get the rights. So if 1 for 2. If i have 100lots am i entitled to 200lots?
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terencee
Master |
30-Oct-2013 09:56
Yells: "I don't entertain trolls." |
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buying today wont get entitlement to the rights.    Last day was ytd. So those who didnt buy at 5 missed the boat already.  
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Xiang90
Senior |
30-Oct-2013 08:51
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I think it's today.. They allocating ytd if I never read news wrongly
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dekmelvie
Senior |
30-Oct-2013 08:34
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I have both. Lucky didnt sold @ .005 yesterday. Notice the buying vol. today the xr? Or yesterday?
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Xiang90
Senior |
30-Oct-2013 08:16
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NOTICE OF BOOKS CLOSURE DATE Notice is hereby given that the register of members and the register of share transfer books of the Company will be closed at 5.00 p.m. on 29 October 2013 (the ?Books Closure Date?) for the purpose of determining the provisional allotments of Rights Shares to Entitled Shareholders under the Rights Issue. Looks like they caught ppl off guard | ||||
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terencee
Master |
30-Oct-2013 07:50
Yells: "I don't entertain trolls." |
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If seriously comparing their buying price and the current price, it's a discount. Good chance to grab now.
Wonder if you grab now, are you entitled to the rights on book closure date?
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dekmelvie
Senior |
30-Oct-2013 07:46
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Looks like good news came. Huat!!
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Xiang90
Senior |
30-Oct-2013 00:22
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INTRODUCTION The board of directors (the ?Board?) of Cedar Strategic Holdings Ltd. (the ?Company?) refers to the Company?s announcement dated 26 August 2013 (the ?Previous Announcement?) in relation to: (a) the termination of the sale and purchase agreement dated 22 May 2013 entered into by the Company and Talented Creation International Limited (the ?Vendor?) and (b) the proposed acquisition of the entire issued and paid-up share capital of Trechance Holdings Limited (?Trechance?) by the Company from the Vendor, for a consideration of RMB22,500,000 (the ?Consideration?), which is to be satisfied in full by the issue of (i) 128,576,982 new ordinary shares (the ?Consideration Shares?) at the issue price of S$0.007 for each Consideration Share to the Vendor (or its designated nominees as it may direct) and (ii) a S$3,600,000 in aggregate principal amount of 5% bond due 2015 (the ?Bond?) to the Vendor. (the ?Proposed Acquisition?). | ||||
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Xiang90
Senior |
30-Oct-2013 00:20
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Announcement Title * COMPLETION OF ACQUISITION OF TRECHANCE HOLDINGS LIMITED Description Please refer to the attached for details. ??? | ||||
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terencee
Master |
29-Oct-2013 13:01
Yells: "I don't entertain trolls." |
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No point selling the rights too. If I can't sell the rights, I'll queue for 0.004 to buy in. That would give me slight leverage. However once the rights expired, cedar will publish how much they are spending. Then cedar will trend upwards.
I was in KLW when they gave rights too. The selling was horrible and it went to 0.011 for mother share and 0.001 selling for rights. Basically no ppl wan the rights anymore. But a few months later which is now, the price almost doubled. So it all depends on how the management is going to use the funds. If it appeals to retailers, then people will buy. Back to my answer, if I can't get it at 0.004, I'll subscribe to the rights. Else I'll just queue out my rights at 0.001 and buy mother share at 0.004
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dekmelvie
Senior |
29-Oct-2013 12:15
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Are u planning to buy the rights? | ||||
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terencee
Master |
29-Oct-2013 09:50
Yells: "I don't entertain trolls." |
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Still holding. I feel that china is the upcoming market no matter what. So this counter maybe cheap now. May be cheaper in future but no one knows.  What I know is there's a chance this counter might be multi bagger should the deal goes thru after a few years. 
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