| Latest Forum Topics / Ezra Last:0.011 -- |
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EZRA HOLDINGS - RED HOT NEWS
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Aloser
Member |
02-Jul-2015 20:54
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So we will have chance to buy more cheap & cheap ezra shares? GOOD! CS and DBS will or not support the price, I am not sure. They may also want to scoop more and take over the company, if so likely they may also want to depress the price? Or they just want to earn commision,   and make some quick money by undertaking and engulfing those cheap chip abondened? If so they may have the motivation to support the price. Whatever, buy on dip is good for long term investment. However low did PA, CF, Swiber...go, they came back agressively. Nothing wrong for those want to sell now and buy back lower later, so long they can predict where the turning point would be. Otherwise they will just hide in a corner and cry. 
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nngeeh
Veteran |
02-Jul-2015 19:07
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The price highlighted below was the movement during rights exercise. Most didn't recover to the pre-rights price. Only Del monte recovered over 0.4 after many months ( it even dropped below the rights exercise price to 0.31 for the initial few weeks after the exercise). That's why most shareholders hate rights exercise.
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lglg666
Supreme |
02-Jul-2015 18:51
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Yeah, it's not looking good at the moment.
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nngeeh
Veteran |
02-Jul-2015 18:44
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DBS and Standard Chartered Bank were the underwriter for Pacific Andes Rights Issue. That has not stopped the Mother Share from dropping below the exercise price during the rights issues. DBS and Standard Chartered Bank have to scooped up the rights. However, the situation for Ezra is slightly different as there is still a gap to the exercise price.
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moron101
Supreme |
02-Jul-2015 18:38
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DBS & CS will defend the mother shares & rights else they may lose out on their underwriting service charges.. | ||||
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niteowl68
Elite |
02-Jul-2015 16:58
Yells: "God Bleess You" |
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Since Ez price dropped another 0.004c to 0.164 now, est. price of nil Pd rts will drop to 5.4c.
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nngeeh
Veteran |
02-Jul-2015 16:52
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Most companies that had undergone rights exercise recently had exhibit similar price drop. Even Jardine C& C is encountering similar fate. What makes Ezra different? Jardine C& C: 35-> 32 Del Monte: 0.40-> 0.335 China Fish: 0.26-> 0.173 Swiber: 0.210 -> 0.160 Tiger Airways: 0.32 -> 0.26 IEV: 0.09 -> 0.071 Yoma: 0.60 -> 0.53 Others: Pacific Andes, GKE, Lorenzo, Lasseters   |
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Aloser
Member |
02-Jul-2015 16:39
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Why there will be a big big sell??? What rationale??? Maybe that' s why the traiders especially day traders never become investors. I think, the trading volume of nil-paid rights will be very very thin...bidding/asking size will be very very small..no point to play with right, right will be fully used to buy shares. You should still focus on the trading of the free-flow xr Ezra shares. For those waiting for 0.15, 0.12, 0.10....be patient to wait lor, hahaha!!! |
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nngeeh
Veteran |
02-Jul-2015 16:33
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I think some of the shareholders are already start dumping their Mothershare now ... and will buy the rights at probably 10~20% discount. They will earn from the difference. I guess most will anticipate that the rights will be selling at lesser price. If the mother' s price has already started to go down today.... it' ll might be worst tomorrow. Just my view.
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teeth53
Supreme |
02-Jul-2015 15:37
Yells: "don't learn through life, learn to grow with life " |
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Then sell big big to un-suspecting players after pump n dump...:((
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Lucky03
Elite |
02-Jul-2015 15:34
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I believe the major shareholders may be the biggest winner if they can mop up excess from the exercise to improve their ratio of shares in the market at rock bottom price. They may not even need to pay a single cent for any nil-paid rights !
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Lucky03
Elite |
02-Jul-2015 15:27
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Most retail shareholders don't really care about share dilution so they will sell the nil-paid rights as extra $$$ while happy to retain the 'same' number of shares they are already holding. Only the major shareholders will be worried as they fear losing control over the company. Hence they retail players are likely to dump the nil-paid rights. | ||||
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nngeeh
Veteran |
02-Jul-2015 14:52
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The problem is rights is that when there is a gap between the rights and mother share, shareholders will normally sell their mother to buy the rights share. This will cause a downwards pressure .... and eventually, rights price will go further, and so will the mother share. Furthermore, the  number of rights share is more than the mother share. It' s be very interesting tomorrow. If you look at Swiber, it was facing similar pressure even though the number of rights share is half of its mother. For Ezra, this is the reverse. The pressure will be double.
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edwinjup
Supreme |
02-Jul-2015 14:48
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Think if got 5.8c...those wish to sell should unload ..rem the supply is almost double of mother shares..........unless cs cook again...
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niteowl68
Elite |
02-Jul-2015 14:43
Yells: "God Bleess You" |
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Nil Paid Rts trading tomw... estimated price = closing price minus 10.5c and some comm charges and approx small 5% discount as it it not " ready basis" shares. Therefore using 16.8c - 10.5c - 0.2c less 5% =  5.8c ... tomw est opening will be from 5.5 to 6c.. |
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pnuklis
Master |
02-Jul-2015 14:23
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Lionel has tried all the tricks possible like split the company and relisted through IPO (again), sale lease back assets, split the shares, right issues, move from one pocket to another and things like that and now only thing left is to sell the company/ies. |
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edwinjup
Supreme |
02-Jul-2015 12:54
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My broker always ask me to wait 10-15mins before trading of new shares or rights...don' t rush to buy or sell...
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risktaker
Supreme |
02-Jul-2015 10:26
Yells: "Posts are opinions. Do not take it as investment advise " |
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never seen a stock will up... when rights commence to trade.... haha could be pretty safe to hold ur short for tmr gain... | ||||
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risktaker
Supreme |
02-Jul-2015 09:54
Yells: "Posts are opinions. Do not take it as investment advise " |
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yes.... likely to go lower end of day.... and maybe 0.160 end of day.... u can only buy next friday.... not now likely to hit 14 cents
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pnuklis
Master |
02-Jul-2015 09:47
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Nil paid rights will be traded around 5 cents I suppose? |
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