in case anybody interested in how today's price was adjusted to 0.135
Right Issue : 1 : 1 @ 0.10 + 1 free warrants : 2 rights subscribed
--------------------------------------------- Adjusting shares price for Right Issue ---------------------------------------------
Right Issue Ratio = 1:1 = 1/1 = 1
Free Warrants Ratio = 1:2 = 1/2 = 0.5
Warrants Exercise Price = 0.12
Rights Price = 0.10
Last cum price = RM0.18
(last cum price x 1.0)+(rights price x rights issue ratio)+(warrants exercise price x free warrant ratio) ______________________________________________ (1.0 + rights issue ratio + free warrants ratio)
(0.18 x 1.0) + (0.10 x 1) + (0.12 x 0.5) ________________________________________ (1.0 + 1 + 0.5)
may i know how much can i get if i sold my 1000unit of right issue entitled when its listed as EAH-OR..then warrant C exercise price of 0.12 is it same with conversion price??
stupid, EAH is planning to move to Main board with these coperate exercies lah. Just go along with EAH and you will be rewarded. Don't believe, can ask AyamTua.
i m newbie may i ask what is the Right Issue for ? and i see before comment say 1 stock = 1 right and 2 right = 1 warranty it is the warranty is auto get or need to do anything? sorry just a newbie start playing stock
EAH business is simple, it's a one stop business ICT solution, comprising the software and hardware set-up & maintenance. Nowadays every production plant and office management is operated digitally. So the market potential for EAH is very big.
Hold tightly to this counter and you will be rewarded greatly. First of all, EAH business has a fair market demand. The business itself is growing from time to time. On top of that, the company is also closely linked to the government.
If you have the holding power then you should hold on to this counter. EAH is aiming for M&A to grow their size so that they can make themselves into the mainboard. Now EAH is like a gemstone being buried under the ground in ACE market. I believe the fund raised through right issue will be used to acquire other related business to further diversify their product & service portfolio. So far, the company is consistent in obtaining new projects. For two consecutive years in 2011 and 2012, EAH made it to Forbes Asia’s 200 Best Under A Billion List of companies within the Asia-Pacific region.
According to an industry observer Business Today spoke to, its current share price hovering around the 21sen mark is “extremely undervalued”, more so given its sterling performance thus far in 2013 with the company announcing unprecedented revenue and profits. (March, 2014)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hakubasnow
263 posts
Posted by hakubasnow > 2014-05-22 17:39 | Report Abuse
in case anybody interested in how today's price was adjusted to 0.135
Right Issue : 1 : 1 @ 0.10 + 1 free warrants : 2 rights subscribed
---------------------------------------------
Adjusting shares price for Right Issue
---------------------------------------------
Right Issue Ratio = 1:1 = 1/1 = 1
Free Warrants Ratio = 1:2 = 1/2 = 0.5
Warrants Exercise Price = 0.12
Rights Price = 0.10
Last cum price = RM0.18
(last cum price x 1.0)+(rights price x rights issue ratio)+(warrants exercise price x free warrant ratio)
______________________________________________
(1.0 + rights issue ratio + free warrants ratio)
(0.18 x 1.0) + (0.10 x 1) + (0.12 x 0.5)
________________________________________
(1.0 + 1 + 0.5)
0.18 + 0.10 + 0.06
___________________
2.5
0.34
____
2.5
=0.136