Can everyone tell me insas rps should be compulsory to subscribe? If unsubscribe, confirm just like mililia said mother insas price will not change on/after ex day? Still worth or not, is mother insas will drop on/after ex day if not subscribe rps or warrant? sorry for my confusion.
Mr gweilo, Is it today is the last day to subscribe rps? Are you mean if I don't have subscribe rps, better sell my mother insas share tomorrow, not today? If I choose to keep mother insas share with no issue rps today and tomorrow even is a year, then how and any suggestion give me?
May i answer on behalf of gweilo? The ex date is tomorrow. After the ex date there will be 2weeks trading period for the OR ( right to subscribe). If u dun wish to subscribe u can sell. If u dun sell they'll send u a subscribtion form. Fill in the form & send your bankdraft to the registrar. U are entitled 2 free warrants. If u dun send the form & money, the your OR expires. Whether u subscribe or not your mother shares remain unchanged. Hope i answered your question :))
Some ppl argue tat if dun subscribe the free warrants will eat into our mother shares causing dilution. gweilo argued tat financial engineering effects like share buy back can offset the dillution. Ya. In long term it'll. Anyway, Insas is a dollar selling @ 50sen. Why on earth u care about dilution? To avoid confusion, dilution means value is diluted, not share price!
Asset based investment is always "cool" compared to earning based one. The market sentiment is turning good. It'll heat up Insas. Buying a dollar with 50sen couldn't be wrong!
i can sense something is cooking. MPI is up by almost 5% today. INARI is down. INSAS in unchanged. After tomorrow, assuming , Inari follows MPI, up 5%, INSAS will also follow INARI up. Conclusing is to BUY x 1000000!
22/01/2015 - Today is the last day for you to get the mother to have the rights. 23/01/2015 - Insas goes ex...but rights entitlement still not in your account and you cant trade. 28/01/2015 - Trading of your rights entitlement (OR). It will be in your account on this day. 05/02/2015 - Last day you can trade your OR. If dont trade then you need to subscribe to the RPS...if you dont subscribe, you dont get anything and your OR expire on 06/02/2015. 03/03/2015- List your rights shares (if you subscribe to it).
Mr imoogi99, if I buy 1000 shares today, so 28/1/2015 I have 1000 OR in account? 05/02/2015 is last day trade my OR, If don't "trade" then you need to subscribe to the RPS?? what means "trade", is buy or sell? when 06/02/2015 OR expired, don't subscribe, then don't get 1 rps and 2 wa, but 1000 mother shares still remain can sell anytime, am i right?
if you 1000 insas shares today, you get 1000/5=200 OR. Then you can trade your OR from the 28/01/2015 till 05/02/2015. If you want to subscribe to the RPS, then you must keep your OR and you need to made payment of RM200 by 23/02/2015. If you dont pay by them, everything is gone.
okinvest....dont mention. Oh yes, your 1000 insas will still be there and can sell anytime. If you dont pay RM200 for your RPS, you will not get the free warrant too. Exercise price for warrant will be RM1.
I wonder if Dato will push the RPS price down to lock everyone on board for 5 years. Nobody would want RPS although it pays 4cents each year. At the end of the day, no matter how much Insas would be, it is still worth RM1 only. If you believe Insas is worth RM1.80 or RM2, you would want to buy Insas instead of RPS.
Why u still can't get it, Abdre Hua? The most attractive part is the RPS can be used to ex warrant any time. No need to wait for 5yrs. While waiting for your favorable warrant ex timming, the RPS can generate interest.
The function of RPS: 1. Trading in open market 2. To ex warrant anytime 3. To generate interest It doesn't matter how much the RPS is traded (many worry bellow $1). It's value remains unchanged because it can be used to ex warrant.
Hi,OREGAMI,there is big posibility with current mother share price 0.86 & if warrant need RM1 to convert to mother share,i think with RM1, sure enoght to buy 3 warrant!?
We can't do too much prediction. Lets see if u can buy 3warrants @ $1 latter. If we can predict so precisely we dun need to talk "C" here. We r all very rich man. Right, Mr. Andre Kua?
You're right oregami....cant do much prediction with the market...a lot of factors involve. See now fbmklci break 1800. When at 1700, a lot of doomer predict to go to 1600 or even 1400....so cant predict the market...what we can do is follow the flow.
I still remember those who sold all their shares, holding cash & spreading domesday story in all forums. Some even fully loaded with put warrants. Who can predict it just turned around suddenly? George Soros? I dun have tat kind of talent. So I buy under-valued stuffs lor. In my humble opinion Insas is under-valued.
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Posted by oregami > 2015-01-22 09:51 | Report Abuse
Wat a sorrow ex eve....