you are right kllow... pworth will be giving big bonuses soon to the loyal/genuine shrsholders. so relax and wait for the windfall when the prc starts moving up above 0.10 to 0.17 in medium term
hi guys, lets say i received entitlement 10000 unit. if i subscribe will get 5000 bonus issue. Total amount to pay is RM512. in the end of the day, after convert to mother share how many unit mother share i will get ?
this is a growth stocks, listed under the main board. marked to be superstocks, this year.with strong potential growth. those done their homework and understand what is in the pipeline need not worry.be patience and just wait for the harvest, should everything runs as planned.
Hi 123invest, if you have 10,000 you will be offered 20,000 rights shares at $0.05 per share and you will be given 10,000 bonus shares. All you need to do is subscribe your rights entitlement and invest $1,000 (20,000 X $0.05) and you will end up having 40,000 shares [10,000 (existing) + 20,000 (rights issue) + 10,000 (bonus shares)]. It will be a waste if you don't take up the rights (comes with 10,000 bonus shares FOC) as your additional investment of $1,000 = 30,000 shares. Hence, the cost of the 30,000 shares is $0.033. Based on today's closing price of $0.09 you have a paper gain of $0.056 per share.
You're half correct that cost of 30000 shares is RM0.033/share or RM1000. The other part is your existing shareholding. If your existing holding is 10000 shares bought at RM0.215, then your existing cost is RM2150. Total RM1,000 (rights) + RM2,150 (existing) = RM3,150/40,000 shares = RM0.07875/share
Hi 123invest, if you have 10,000 you will be offered 20,000 rights shares at $0.05 per share and you will be given 10,000 bonus shares. All you need to do is subscribe your rights entitlement and invest $1,000 (20,000 X $0.05) and you will end up having 40,000 shares [10,000 (existing) + 20,000 (rights issue) + 10,000 (bonus shares)]. It will be a waste if you don't take up the rights (comes with 10,000 bonus shares FOC) as your additional investment of $1,000 = 30,000 shares. Hence, the cost of the 30,000 shares is $0.033. Based on today's closing price of $0.09 you have a paper gain of $0.056 per share.
Hi I have 1600 lots currently and my trading account still showing 1600 lots. Is it means that through this right issue , I will have 3200 lots of right issue at 0.05 Sen and on top bonus issue of 1600 lots to me ? Can someone enlighten me ?
2 right for 1 share holding and get 1 bonus after paid 5 sem per right at: SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:0378490777 Fax:0378418151
@123invest, if u decide not to do anything as in not subscribing to the rights offering, then u are a big fool! Say if your 10lots were bought earlier at 0.22, then you will rugi 0.13sen against the new price. If u subscribe to your entitled rights offering (20 lots) @ 5sen apiece, u will also get bonus 10 lots. Your average cost price per share will definitely go below the current price.
I suspect (though I hope not because I'm a shareholder) that current price will come down after listing of rights and bonus shares because (1) there will be 3x more outstanding shares, (2) I've seen this happened before in the case of BORNOIL where price went up but came down significantly after listing of those shares.
@hklcheng, they will usually give u a call asking whether do u wan to subscribe to the rights offering. If they send u by mail, it will be too late by then and u will miss the dateline.
If i am not entitled the right issue but want to buy at open market, is it wise? What are the costs involved? Example If i buy 10000 right issue at open market at RM0.05, then i will get bonus issue of 5000 units, total unit 15000. My average price will be 0.033. Is it correct? Last price of pworth is RM0.09, then i will gain RM0.056??
i dont think you can get below 0.09 , prediction should be 0.15 by tomorrow then slow down to 0.12
Mdnoh2403 If i am not entitled the right issue but want to buy at open market, is it wise? What are the costs involved? Example If i buy 10000 right issue at open market at RM0.05, then i will get bonus issue of 5000 units, total unit 15000. My average price will be 0.033. Is it correct? Last price of pworth is RM0.09, then i will gain RM0.056??
Chin, if you are share holder before 18 july then automatic entitle , if not then you need to buy right from open market on 23 July, usually you need to sniper the correct price because the q is long and those people is crazy hunt for meat. BTW , i am not sifu , i sharing information only, buy or sell is depend self decision.
Chin Wai Sing Dear sifus, is it means that I need to call my trading bank and give permission for the right share subscription ?
Wow , you got some big big lot 16000 lots, then i am a small fish here, i hold very very less.
Chin Wai Sing Hi I have 1600 lots currently and my trading account still showing 1600 lots. Is it means that through this right issue , I will have 3200 lots of right issue at 0.05 Sen and on top bonus issue of 1600 lots to me ? Can someone enlighten me ?
@Travestor.. some of them are new to this, so lets just help to explain if we have the time. At least there are not like some people who gambles and expecting prices to increase everyday... that one i really cannot tahan
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....
kllow
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Posted by kllow > 2018-07-18 11:45 | Report Abuse
Major shareholders are not worry when they propose this and why do you need to worry !!!