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Mermaid

aircraft
Veteran

09-Nov-2009 17:47

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huh ?? isit ? oh no, I only have dbs... that means my only choice is to send by mail ?

cloudscreen ( Date: 09-Nov-2009 17:20) Posted:

The participating banks for electronic payment are OCBC, UOB and Far Eastern Bank.

hedonistic77 ( Date: 09-Nov-2009 16:42) Posted:

Just went to DBS ATM to check for Rights but it doesn't seem to reflect. Anybody knows why?

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cloudscreen
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09-Nov-2009 17:20

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The participating banks for electronic payment are OCBC, UOB and Far Eastern Bank.

hedonistic77 ( Date: 09-Nov-2009 16:42) Posted:

Just went to DBS ATM to check for Rights but it doesn't seem to reflect. Anybody knows why?

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maxcty
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09-Nov-2009 16:55

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Yells: "always a learning day for me in trading"

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got chance to hit 0.90c this week?

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hedonistic77
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09-Nov-2009 16:42

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Just went to DBS ATM to check for Rights but it doesn't seem to reflect. Anybody knows why?

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aircraft
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09-Nov-2009 14:33

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Trading of Mermaid R ends today.

Fast and furious after lunch...

ronnie123 ( Date: 09-Nov-2009 13:31) Posted:

seems like a sign of moving up of Mermaid R...and the mother share ..what is the last date of buying the right ?

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ronnie123
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09-Nov-2009 13:31

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seems like a sign of moving up of Mermaid R...and the mother share ..what is the last date of buying the right ?

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aircraft
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09-Nov-2009 09:43

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I dun think can use i-banking. just go to ATM

sharebear ( Date: 09-Nov-2009 09:40) Posted:

sorry for my ignorance, but is it possible to apply for the rights using i-banking? i don't know where's the available options...

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sharebear
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09-Nov-2009 09:40

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sorry for my ignorance, but is it possible to apply for the rights using i-banking? i don't know where's the available options...

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aircraft
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09-Nov-2009 09:18

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Oic, at least they are not using the Rights $ to pay debt.

acercreative ( Date: 09-Nov-2009 09:16) Posted:

the purpose of the right is to raise capital, not to increase outstanding shares per se.

if they want people to exercise the right at 64c, then they need to ensure that the share price is above 64c + right price, otherwise you are better off buying the share directly.

aircraft ( Date: 09-Nov-2009 08:27) Posted:

I tot the purpose of the Rights is to increase outstanding shares so as to further increase it's share price? After everything stabilize, should be able to cheong ba.

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acercreative
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09-Nov-2009 09:16

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the purpose of the right is to raise capital, not to increase outstanding shares per se.

if they want people to exercise the right at 64c, then they need to ensure that the share price is above 64c + right price, otherwise you are better off buying the share directly.

aircraft ( Date: 09-Nov-2009 08:27) Posted:

I tot the purpose of the Rights is to increase outstanding shares so as to further increase it's share price? After everything stabilize, should be able to cheong ba.

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stockbuyer
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09-Nov-2009 09:08

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Pardon me for my ignorance... I cannot understand why would anyone want to buy the rights at 1ct and pay another 64cts to pick up the mother share if the share price has fallen below 64cts, I think the date to pick up the mother share is very close right?

nickyng ( Date: 09-Nov-2009 06:37) Posted:

nope..wrong..if Rights is at 1cts...mother share could be lower...<64cts...i will reap any profit because of the diff :P and if ever stabilised ! :D

stockbuyer ( Date: 06-Nov-2009 22:23) Posted:

For Mermaid R to fall to 1ct, the mother share would have fallen to abt 65cts, then still buy the rights for what, unless it's warrant where you don't have to pick up so fast

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aircraft
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09-Nov-2009 08:27

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I tot the purpose of the Rights is to increase outstanding shares so as to further increase it's share price? After everything stabilize, should be able to cheong ba.

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nickyng
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09-Nov-2009 06:37

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nope..wrong..if Rights is at 1cts...mother share could be lower...<64cts...i will reap any profit because of the diff :P and if ever stabilised ! :D

stockbuyer ( Date: 06-Nov-2009 22:23) Posted:

For Mermaid R to fall to 1ct, the mother share would have fallen to abt 65cts, then still buy the rights for what, unless it's warrant where you don't have to pick up so fast.

nickyng ( Date: 06-Nov-2009 16:21) Posted:

wow !! the Mermaid R is within my striking range of 1cts liao !! i can buy-Q at 1.5cts x 100lots !! :D

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sharebear
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06-Nov-2009 22:40

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seriously didnt expect it to still fall today :( i am very sad. stupid rights issue.

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stockbuyer
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06-Nov-2009 22:23

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For Mermaid R to fall to 1ct, the mother share would have fallen to abt 65cts, then still buy the rights for what, unless it's warrant where you don't have to pick up so fast.

nickyng ( Date: 06-Nov-2009 16:21) Posted:

wow !! the Mermaid R is within my striking range of 1cts liao !! i can buy-Q at 1.5cts x 100lots !! :D

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dcang84
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06-Nov-2009 21:21

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You crack me up.I am glad you can still see the lighter side of things.Cheers! Smiley

Bon3260 ( Date: 05-Nov-2009 20:35) Posted:

I think I wun continue my Slimming Saloon Centre's contract...

Buy Mermaid, can auto slim... No need eat medicine / do alot of exercises...

Bon3260 ( Date: 05-Nov-2009 17:46) Posted:

When I was looking @ my Mermaid in my Portfolio juz now... My colleague has accidentally pour her hot coffee directly on2 my hand.

Guess wat, I really din feel e pain... Cos my heart oredi v pain until my whole body numb... Smiley

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nickyng
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06-Nov-2009 16:21

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wow !! the Mermaid R is within my striking range of 1cts liao !! i can buy-Q at 1.5cts x 100lots !! :D

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mario1
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05-Nov-2009 22:34

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God, you are in serious conditions.. I hope the oracle of sharejunction is right in his/her predictions.. in weeks.. hang on buddy..

Bon3260 ( Date: 05-Nov-2009 17:46) Posted:

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mario1
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05-Nov-2009 22:26

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Your posting is really useful, I just didn't expect it to keep breaking the support level.. What the hell is going on here?

Didn't lose a lot cos I dont buy a lot.. I am sure there are others who lose more than me..

Bintang ( Date: 05-Nov-2009 19:01) Posted:

If my posting is not useful to u , I think u must lose a lot of money .

Bintang ( Date: 05-Nov-2009 16:57) Posted:

Trend is your friend , do not against the trend . cheongwee ( Date: 28-Sep-2009 22:54) Posted: and as usual...guy always said..."come on...tell us the px..who the hell dont know after ex-right always soar" ok...it there any stock soar immediately within weeks follow ex-right...you tell me.. OK..personnally i am looking at 2.0..and abv....you said again..OMG..."you will said pls dyodd.." but if still dont believe just buy little...becos 10% of your proft is good for your soul... cheongwee ( Date: 28-Sep-2009 22:41) Posted: Nobody make you this type of call.. if u have follow me last wk..i call guocoleisure to hit doar and hit 80C in the afternoon,,,it did!!! i call the same day mermaid to cross 1.25...it did!!! and now, i want you to book mark this call..i will print in bold letter... I SAID MERMAID TO SOAR WITHIN WEEKS FROM EX-RIGHT... YOU ARE GOING TO HEAR GOOD NEWS NOT MONTHS NOT YEAR...BUT WITHIN WEEK....I PROMISE YOU THIS... cut out all noises buy on dip for mermaid and guocoleisure.. MERMAID IS STILL YOUR GOOD MAID... But winner this round must donate 10% of profit to charity, you must swear by this, becos u make $$$ from my call...

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aircraft
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05-Nov-2009 21:53

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Next support $0.70 ?

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