Do your own research and study. Get info from reliable sources. Don't simply listen to some joker telling you tp 12 cents or tp 30 cents then starting to lose your mind .
stupid, if down to 11sen, would you subscribe the rights issue at 10sen? Maybe idiot would also start to think whether it is worth it. What do you think, stupid?
Beginner1989:ie now u got 10 apple RM10; later shop owner offer u 10 apple RM1. So what is you average price for 20 apple?
The theory is same for right issue here. After the right issue the price will adjust to reflect the right issue exercise. So why buy now?
Safer is to buy after right issue.Reason no need to paid extra cash to subscribe to the right issue. After right issue the price alreadt factor the average price.
Renounceable rights issue of up to 635,910,916 Rights Shares on the basis of one (1) Rights Share for every one (1) existing EAH Share held, together with up to 317,955,458 free detachable Warrants C on the basis of one (1) free Warrant C for every two (2) Rights Shares subscribed for at 5.00 p.m. on 26 May 2014 at an issue price of RM0.10 per Rights Share ("Rights Issue with Warrants")
On behalf of the Board, RHB Investment Bank Berhad is pleased to announce that the Company had resolved to fix the exercise price of the Warrants C at RM0.12 per Warrant C pursuant to the Rights Issue with Warrants.
The exercise price of RM0.12 per Warrant C represents a discount of approximately 14.3% to the theoretical ex-rights price of EAH Shares of RM0.14, calculated based on the five (5)-day weighted average market price of EAH Shares as traded on Bursa Malaysia Securities Berhad up to and including 8 May 2014 of RM0.18 per EAH Share.
tksw, not sure good or not. My cost price around 18sen, I am taking the rights issues and free Warrant C. Exer price for WC is 12sen, so WC shd be worth more than Warrant B which has exer price of 18sen unless there is adjustment of exer price.
12 cent is the exercise right for warrant c.. right now, the exercise right for eah wb are 18 cent, while wc is 12 cent..so in term of value, wc should be higher..wb price range from 8 to 10 cent.. so wc may be more than that
Taka.. for me it is good. With target price for EAH is 26 cents, and plus the exercise price for warrant-c is only 12 sen. It is really worth to hold and subscribe the right shares. I am taking the the right issue and free warrant-c too.
Teyl333, if you believe the future bright prospect of EAH, then you should subscribe the rights and awarded with free warrants, if not, ex-rights, your shareholding value will be depleted, make you in disadvantage position . If you don't want to subscribe, you can sell your rights to subscribe during the windows period. For details pls refer to EAH latest announcement
hi all...i am newbie here....i just bought in EAH last week....what should i do in order to subscribe for the right issue?i never subscribe for right before before?thanks for the help....
Please refer to bursa last announcement, it's ex-date is 22 May, if your name appears at registrar of depository as of 22 may, then EAH will despatch subscription form from 28 may.
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