yes.... i can guarantee... mother will not go below RM 1.00 and RCPS will not go below 0.50 in the 1st 3 mths...
last wk i aldy mentioned that......
anything RCPS below 50 cts is a gd buy, and mother below 1.00 is a gd buy as well..... coz big stake holder want to protect the kesas money, so the shareholder wont convert to cash asap....
but after 3 mths..... 70 % will go below RM 1.00..
I buy 100 lot at 1.40... Thought the share won't go down a lot... Trying to average it & buy at different price for dollar averaging cost... Is it good stategic to do it since I dun wan sell it now...
Yesterday closing 1.32 , today ex date ref price 1.07, different of 25c. For those who bought around RM 1 for at least 2000 shares you get one free RCPS with reference price of 50c, if you sell before ex , if 1.32 -1.00=32c x 2000 shares = 64c
If RCPS opening price RM 0.50, your gain is slightly lower if RCPS trade below 64c
mr.vege, now i has 6700 share with price 1.23 after ex today. and i will get RCPS share of 3350 with price 0.5. am i right?like below...
share price after ex amount 6700 1.23 8241 3350 0.5 1675
i read annoucement, that RCPS will listed in 7 oct 14. but it only issue to us no later than 4 days after RCPS listed in bursa. means 7oct14, only RCPS listed but we may only can get the RCPS share in within 7 and 10 oct 14 , am i right? so means that we can't sell any share RCPS bcs even 7oct14 is listed but we do not have RCPS share, rite?
it written within 3 months , we can redeem the RCPS to cash. the date is calculated from ex date start?means today 24sept14. or its within 3 months is start from listed date 7oct14 until 07jan14?
Dear Rocky...... u may trade ur RCPS on 7th Oct at open market. u can redeem the cash back if u want, the date to redeem back the cash is in betw 3 mths after list of RCPS.....
Exact date i really dunno....sorry....i would see RCPS is a junk....haha.......
for ur case......i will sell RCPS at market value when it was free for trade..... coz u can get higher price....
the balance 50 shares......try list at odd lot there.....
in short term, i think if u want to recover from ur loss frm this amprop again....seem to be hard.....
wait .......the only way is wait........ FOR THE NEXT CYCLE......
One should do a little research before investing, most of us bought in early made some profit, keep a little for the rcps , acknowledge that we knew the price will adjust x date. Those investing on the high end and late took the downside risk
Before selling your RCPS, do note that u may exchange 2 RCPS for 1 share in 1 year time... and the RCPS is 5 years expiry... so any movement on mother share will somehow move RCPS, which is on top of the 4% u get.
I think this is just market over-reaction, if got guts, I may buy more.
This is knee jerk reaction, very common, i am not surprised as its price had went up from 1.00-1.10 prior to ex preferences.. Anyway i just bought in at 99.5 sen today. Will hold for long term
paoblocrk may b correct now..... theoretically RCPS worth 50 cts...... or 1/2 of mother's shares.....
i also wonder y it go below 1.00 ..............
i mean if........the amprop big shareholder , claim all the money from RCPS ( possible although they said they wont)........
then is not a gd buy for now onwards.......
PE is on high side now if compute on earning avg 2.5 cts - 3 cts per qtr..... let say 12 cts EPY...... PE stand on 11 x ..........if include the tickets of RCPS.
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....
limchimleong
1,732 posts
Posted by limchimleong > 2014-09-24 10:27 | Report Abuse
Vege老兄,同样的道理,是否RCPS在首三个月内,股价不会低于50仙,否则大家都会贖成现金?