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Keppellongist Senior	01-Apr-2021 10:47        Keppellongist About Contact  Quote this Post!
x 0   x 0  Alert Admin	By the way, 1st time getting rights from open market. Could anyone pls enlighten me how the process of converting it. If ATM or online do I have to input any reference or?
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Keppellongist Senior	01-Apr-2021 10:06        Keppellongist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good move.. Thinking of doing that too.. Cos chances for mother being push higher before 8th April is really high. Contratrader      ( Date: 01-Apr-2021 09:56) Posted: Can buy some too..53/54 for rights share if hold a while i think pretty attractive la...or can see closing later ..but look like quite stabilise liow.. ..hahaha  I  bought both.. Keppellongist      ( Date: 01-Apr-2021 09:51) Posted: Thanks bro.. Tempting to buy rights and convert.. Hah
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Contratrader Elite	01-Apr-2021 09:56        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can buy some too..53/54 for rights share if hold a while i think pretty attractive la...or can see closing later ..but look like quite stabilise liow.. ..hahaha  I  bought both.. Keppellongist      ( Date: 01-Apr-2021 09:51) Posted: Thanks bro.. Tempting to buy rights and convert.. Haha Contratrader      ( Date: 01-Apr-2021 09:49) Posted: 16/4 Friday .rights.shares will be credited...still quite some time.
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Keppellongist Senior	01-Apr-2021 09:51        Keppellongist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks bro.. Tempting to buy rights and convert.. Haha Contratrader      ( Date: 01-Apr-2021 09:49) Posted: 16/4 Friday .rights.shares will be credited...still quite some time.. Keppellongist      ( Date: 01-Apr-2021 09:30) Posted: Most minority not so keen to convert.. It will be interesting for mother tmr.. Anyway when do we expect to get mother after payment for rights?
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Contratrader Elite	01-Apr-2021 09:49        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	16/4 Friday .rights.shares will be credited...still quite some time.. Keppellongist      ( Date: 01-Apr-2021 09:30) Posted: Most minority not so keen to convert.. It will be interesting for mother tmr.. Anyway when do we expect to get mother after payment for rights? Goodgoing      ( Date: 01-Apr-2021 09:27) Posted: Whoever want to sell R, already sell yesterday. If want to buy mother, buy R better, it is discount.
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Keppellongist Senior	01-Apr-2021 09:37        Keppellongist About Contact  Quote this Post!
x 0   x 0  Alert Admin	That's right.. Mother start engine le.. Haha Contratrader      ( Date: 01-Apr-2021 09:35) Posted: Usually the case for rights trading ..also no more arbitrating ..and window period before rights share flood the market Keppellongist      ( Date: 01-Apr-2021 09:28) Posted: Most likely tmr will start to push up mother.. To entice rights holder to convert.
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Contratrader Elite	01-Apr-2021 09:35        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Usually the case for rights trading ..also no more arbitrating ..and window period before rights share flood the market Keppellongist      ( Date: 01-Apr-2021 09:28) Posted: Most likely tmr will start to push up mother.. To entice rights holder to convert.
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Keppellongist Senior	01-Apr-2021 09:30        Keppellongist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Most minority not so keen to convert.. It will be interesting for mother tmr.. Anyway when do we expect to get mother after payment for rights? Goodgoing      ( Date: 01-Apr-2021 09:27) Posted: Whoever want to sell R, already sell yesterday. If want to buy mother, buy R better, it is discount.
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Contratrader Elite	01-Apr-2021 09:29        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes..rights shares big discount ...if convert and hold long term should be ok , however ..when shares credited will have some selling pressure .. bobby90      ( Date: 01-Apr-2021 09:18) Posted: looks like right' s shares are being bought up..since converting it is still quite a big discount from buying mother share.. Contratrader      ( Date: 01-Apr-2021 09:16) Posted: Usually after today (after rights trading ) ..mama will move up...hopefully 6c can hold ..if not will wait for closing
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Keppellongist Senior	01-Apr-2021 09:28        Keppellongist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Most likely tmr will start to push up mother.. To entice rights holder to convert.
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Goodgoing Master	01-Apr-2021 09:27        Goodgoing About Contact  Quote this Post!
x 0   x 0  Alert Admin	Whoever want to sell R, already sell yesterday. If want to buy mother, buy R better, it is discount.
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bobby90 Senior	01-Apr-2021 09:18        bobby90 About Contact  Quote this Post!
x 0   x 0  Alert Admin	looks like right' s shares are being bought up..since converting it is still quite a big discount from buying mother share.. Contratrader      ( Date: 01-Apr-2021 09:16) Posted: Usually after today (after rights trading ) ..mama will move up...hopefully 6c can hold ..if not will wait for closing
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Contratrader Elite	01-Apr-2021 09:16        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Usually after today (after rights trading ) ..mama will move up...hopefully 6c can hold ..if not will wait for closing
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Ximi88 Member	31-Mar-2021 23:14        Ximi88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are correct 1162m rights were issued. However, the public float available for trading is 152.8m (13%). Melvin holds 38%, meaning there are other major shareholders holding 49%.   Usually for rights issue, all the major shareholders will commit to subscribe to their share. Except for Melvin, I do not remember hearing from these 49% shareholders on the rights issue. Blowyouoff      ( Date: 31-Mar-2021 16:16) Posted: Beware bro... tomorrow those who see the gap between mother shares and rights+exercise may decide to sell mother and buy rights to exercise... and the gap may narrow tomorrow.  1162 million rights were issues base on 1-to-1...  so far around 300-400 million traded these few days.. there are holders of around 700 million rights who have not done anything, either they intend to exercise or they don' t know they have to do something to convert them or tomorrow they urgently sell them...  ThankYou      ( Date: 31-Mar-2021 15:58) Posted: Looks like got slight reversal. Tomorrow will have more meat to short.
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Nickyong88 Member	31-Mar-2021 17:02        Nickyong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have 220k traded at 0.5 cents. Are you the lucky one to scoop it? Haha
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Contratrader Elite	31-Mar-2021 17:01        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro ThankYou , u r buying a lot to convert ah? ..ok if go 0.1c tomorrow ..we buy one lorry ok? hahaha just joking. .can keep i think this stock can go up la ,,,now so jialat price liow ThankYou      ( Date: 31-Mar-2021 16:47) Posted: Hope more will sell at 0.5 cent later. If not need to grab at 0.6 cent. makdatok      ( Date: 31-Mar-2021 16:40) Posted: Hoping for mother share to ciong tmr onward...lol
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ThankYou Supreme	31-Mar-2021 16:47        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope more will sell at 0.5 cent later. If not need to grab at 0.6 cent. makdatok      ( Date: 31-Mar-2021 16:40) Posted: Hoping for mother share to ciong tmr onward...lol
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seemeyouhuat Member	31-Mar-2021 16:47        seemeyouhuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	very confusing discussion for me i just subscribed to what i am entitled at 0.047 jiu hao haha
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Blowyouoff Veteran	31-Mar-2021 16:46        Blowyouoff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unlikely bro. Notice the volume for mother is low. This won' t change much tomorrow because there is a gap between rights and mother.. people rather buy rights to exercise because it' s cheaper... makdatok      ( Date: 31-Mar-2021 16:40) Posted: Hoping for mother share to ciong tmr onward...lol
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Blowyouoff Veteran	31-Mar-2021 16:43        Blowyouoff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, 0.005 liao... no one wants to buy at 0.006 liao. Market for 0.006 gone Liao.. anyway volume(value) so low, even if it' s 2 mil in queue, anyone can just throw $12k to open the path to 0.005 ThankYou      ( Date: 31-Mar-2021 16:38) Posted: Tomorrow going to go down again! Why people still buying? Should sell more at 0.6 correct?
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