I think worth it to take up the rights with free warrant C. Exer price for WC is 12sen which is lower than WB. Meaning WC price should be higher than WB when listed.
If you already got the OR, better you subscribe and get free WC. If do not want to pour extra cash, then sell mother shares at 0.125 to subscribe and get free WC.
hi taka, regarding the question that i ask few days ago, about the details that need to provide to the bank in order to get the bank draft, i found that the Form required more information than just EAH RIGHTS ISSUE ACCOUNT, such as beneficiary's bank , particular of benefictiary, and payment details. May i know how to fill up the form?? i ask the girl at the bank but she seems like clueless about what to fill in in the form........
* With the assumption you have 6000 EAH before x-date or bought 6000 OR after the x-date
1.) You sold EAH before it went x (22/05/14) EAH last trading price = RM0.18 6000 x 0.18 = RM1080
2.) You purchased before EAH went x (22/05/14) EAH last trading price = RM0.18 6000 x 0.18 = RM1080
And, decided to sell the OR 6000 x 0.045 = RM270
At EAH current price of RM0.125, you need for the price to be at least at 0.135 to break even 0.135 x 6000 = RM810 RM810 + RM270 = RM1080
3.) You only purchased 6000 OR after the x-date 6000 x 0.045 = RM270 Rights subscription = 6000 x 0.10 = RM600 Total cost = RM870
Lets assume that price of EAH remains @ 0.125 after the listing of rights shares 6000 x RM0.125 = RM750 you need for the price of EAH-WC to be at least at 0.04 to break even 3000 x 0.04 = RM120 RM120 + RM750 = RM870
NAME : EAH RIGHTS ISSUE ACOUNT ADDRESS : Share Registrar, Insurban Corporate Services Sdn Bhd 149 Jalan Aminuddin Baki Taman Tun Dr. Ismail 60000 Kuala Lumpur
All those IC, No Pendaftaran Syarikat don't have to fill up
kuanyee, Your cost price is 0.205. 1) If you don't want to subs, then sell off to get back 0.045 to reduce your cost. 2) If not, sell the mother shares at 0.125 and use the money to subs @ 0.10 and get free WC which should worth 0.05 - 0.06 on listing.
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....
lclwyp
691 posts
Posted by lclwyp > 2014-05-30 08:04 | Report Abuse
not really so, last yr also announced on 31/5, results also not bad