if u sell OR n mother share now at 25 & 36... It is no diff from u sell the mother at 38.5 just one day before ex. Dun go thru the rights.... sure DIE ! look at what happened to TIGER ! Merry Xmas
Aiyo PerfectWin, you know how to count or not? if sell 25 for OR and 36 Mother, it equivalent to 44c lah...aiyo. Don't lah so sour to console yourself...
correct me if I m wrong. Here is my calculation. U need to have 12 XDL to have one XDL-OR to buy 4 XDL rights before ex. Say OR now is 25 cents, XDL now is 36 cents. the OR needs to divide by 12 = 2.08 sens. Therefore, 36 + 2.08 = 38 sens lah. Pls advise.
if you bought 12 XDL shares at 38 sen = 12 x .036 = 4.32 You get 3 bonus + 4 Rights + 3 Warrants. Meaning from 12 become 19 Total expenditure = 4.32 + (4 x 0.35) = 5.72 If sell all the 19 shares after the listing of rights shares, let say at 35 sen, Then income = 19 x 0.35 = 6.62 Plus the 3 warrants, let say the price of the warrants after listing is 13 sen, Then total income will be = 6.62 + (3 x .13) = 7.01 Total profit = 7.01 - 5.72 = 1.29. Therefore if you buy 120 x 100 lots of XDL shares, then you will earn = 1.29 x 1000 = 1,290
most probably after rights shares are issued, the price will be around 0.295. ((0.38*12)+(0.35*4))=0.3725 From 16 to 19, 0.3725*16/19=0.29+, correct me if i m wrong.
from y-o-y, xdl profits is diminishing, this right issues are to collect money for their new HQ. my common sense tell me that that next 2 years profits will lesser due to repayment of debt for capitalization of expenditure.
i contra this counter once at 0.33 and sold at 0.36 and then reentered at 0.35 but too chicken out and sold at 0.355, and now 1 wk after the price is at 0.435 today, WOW!
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....
joelai38
162 posts
Posted by joelai38 > 2013-12-23 15:49 | Report Abuse
road block @ 0.375