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uiop1223 Supreme	15-Apr-2020 22:58        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It really depends. I make money from the recent rights issue by Ascendas reits. In the end, it boils down to the which company bah.
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john_ric Supreme	15-Apr-2020 22:42        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	right issues is to take money from investors. not receiving. it is not something pleasant.
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lingua101 Veteran	15-Apr-2020 15:55        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yeah. should we recieve anything?   Potato      ( Date: 14-Apr-2020 11:33) Posted: didn' t say when hor? Joelton      ( Date: 14-Apr-2020 10:13) Posted: SIA obtains SGX' s in-principle approval for proposed rights issue MON, APR 13, 2020 - 8:47 AM SINGAPORE Airlines (SIA) has received in-principle approval from the Singapore Exchange (SGX) for its proposed rights issue amid the Covid-19 pandemic. SGX has allowed the listing and quotation of as many as 1.77 billion rights shares, up to S$3.5 billion in rights mandatory convertible bonds (MCBs) and up to 1.3 billion new shares to be issued under rights MCBs conversion, the national carrier said in a regulatory update on Monday.  The bourse has also given its in-principle approval for any further rights MCB conversion shares issued as a result of any adjustments made to the rights MCBs' conversion price. Up to 1.77 billion rights shares will be issued at S$3 per share on the basis of three rights shares for every two existing ordinary shares held by shareholders.  The issue price represents a discount of about 53.8 per cent to the last transacted price of S$6.50 on March 25, that being the last trading day before the announcement. Meanwhile, up to S$3.5 billion worth of rights MCBs will be issued at S$1 for each rights MCB on the basis of 295 rights MCBs for every 100 existing ordinary shares held by shareholders. The rights MCBs are convertible into fully paid-up new shares based on the conversion price of S$4.84, which is a 10 per cent premium to the theoretical ex-rights price of S$4.40 per share. SIA had announced on March 26 that it was  planning  to raise S$8.8 billion  via S$5.3 billion in new equity and S$3.5 billion through 10-year MCBs.  This came as  largest shareholder Temasek Holdings threw its support behind the national carrier by saying it would vote  in favour of the resolutions and commit to subscribing for its full entitlement and the remaining balance of both issuances. The group plans to use S$3.7 billion of the proceeds for operating cashflow, S$3.3 billion for aircraft purchases and aircraft-related payments, and the rest for debt servicing and other payments. SIA will also be  seeking approval to further issue up to S$6.2 billion of additional MCBs on similar terms, to be offered to shareholders via one or more rights issues down the line. This could take place within 15 months of being approved by shareholders, it said at the time.  SIA shares closed at S$6.13 on Thursday, up S$0.15 or 2.5 per cent. https://www.businesstimes.com.sg/companies-markets/sia-obtains-sgxs-in-principle-approval-for-proposed-rights-issue
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Potato Master	15-Apr-2020 14:18        Potato About Contact  Quote this Post!
x 0   x 0  Alert Admin	bro... sorry but i am noob. if you buy now, and decided to sell the entitled rights, can make money meh? uiop1223      ( Date: 15-Apr-2020 11:29) Posted: I mean, if u hold the shares now, u can sell your rights entitlement in the stock mkt if u dont wish to take up the rights. similar to Acendas rights issue earlier Potato      ( Date: 15-Apr-2020 10:28) Posted: bro... 3 rights share (S$3) for every 2 existing shares. How to make money? Is it possible  after the rights exercise, somehow someone  pump the price up again say to above S$4.30 or so, then buying now make sense
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uiop1223 Supreme	15-Apr-2020 11:29        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I mean, if u hold the shares now, u can sell your rights entitlement in the stock mkt if u dont wish to take up the rights. similar to Acendas rights issue earlier Potato      ( Date: 15-Apr-2020 10:28) Posted: bro... 3 rights share (S$3) for every 2 existing shares. How to make money? Is it possible  after the rights exercise, somehow someone  pump the price up again say to above S$4.30 or so, then buying now make sense. uiop1223      ( Date: 15-Apr-2020 10:15) Posted: Shareholders can trade the share rights and the rights bond. So probably the current price include both of these rights
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Observers Elite	15-Apr-2020 10:58        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	not enough time to print and deliver physical hard copies of notice and circular? I guess because of covid everyone is shopping online, local delivery sector overwhelmed, entire rights issue EGM from start to finish to be conducted electronically. wonder if this will be the norm in the far future.
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Potato Master	15-Apr-2020 10:28        Potato About Contact  Quote this Post!
x 0   x 0  Alert Admin	bro... 3 rights share (S$3) for every 2 existing shares. How to make money? Is it possible  after the rights exercise, somehow someone  pump the price up again say to above S$4.30 or so, then buying now make sense. uiop1223      ( Date: 15-Apr-2020 10:15) Posted: Shareholders can trade the share rights and the rights bond. So probably the current price include both of these rights
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uiop1223 Supreme	15-Apr-2020 10:15        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shareholders can trade the share rights and the rights bond. So probably the current price include both of these rights
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ronleech Elite	15-Apr-2020 10:10        ronleech About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Believe in yourself. Ride with the waves......"
x 0   x 0  Alert Admin	wait till the cheap share out in market it will tank.... noe just a window dressing show Potato      ( Date: 15-Apr-2020 09:42) Posted: EGM on 20 April 2020... wonder why the share is still trading higher?
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harnster Member	15-Apr-2020 09:49        harnster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Slow morning. Maybe pennies have higher chance. Looking at IPS Securex, good earnings and cash flow, cheap price.
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limkt009 Master	15-Apr-2020 09:46        limkt009 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Watch your front, grab $$$$$$$$ at your own time"
x 0   x 0  Alert Admin	End of CB, SIA can fly again.
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Potato Master	15-Apr-2020 09:42        Potato About Contact  Quote this Post!
x 0   x 0  Alert Admin	EGM on 20 April 2020... wonder why the share is still trading higher?
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lennon1986 Member	15-Apr-2020 09:14        lennon1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any good news?
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Surin888 Senior	14-Apr-2020 15:30        Surin888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Joelton      ( Date: 14-Apr-2020 10:13) Posted: SIA obtains SGX' s in-principle approval for proposed rights issue MON, APR 13, 2020 - 8:47 AM SINGAPORE Airlines (SIA) has received in-principle approval from the Singapore Exchange (SGX) for its proposed rights issue amid the Covid-19 pandemic. SGX has allowed the listing and quotation of as many as 1.77 billion rights shares, up to S$3.5 billion in rights mandatory convertible bonds (MCBs) and up to 1.3 billion new shares to be issued under rights MCBs conversion, the national carrier said in a regulatory update on Monday.  The bourse has also given its in-principle approval for any further rights MCB conversion shares issued as a result of any adjustments made to the rights MCBs' conversion price. Up to 1.77 billion rights shares will be issued at S$3 per share on the basis of three rights shares for every two existing ordinary shares held by shareholders.  The issue price represents a discount of about 53.8 per cent to the last transacted price of S$6.50 on March 25, that being the last trading day before the announcement. Meanwhile, up to S$3.5 billion worth of rights MCBs will be issued at S$1 for each rights MCB on the basis of 295 rights MCBs for every 100 existing ordinary shares held by shareholders. The rights MCBs are convertible into fully paid-up new shares based on the conversion price of S$4.84, which is a 10 per cent premium to the theoretical ex-rights price of S$4.40 per share. SIA had announced on March 26 that it was  planning  to raise S$8.8 billion  via S$5.3 billion in new equity and S$3.5 billion through 10-year MCBs.  This came as  largest shareholder Temasek Holdings threw its support behind the national carrier by saying it would vote  in favour of the resolutions and commit to subscribing for its full entitlement and the remaining balance of both issuances. The group plans to use S$3.7 billion of the proceeds for operating cashflow, S$3.3 billion for aircraft purchases and aircraft-related payments, and the rest for debt servicing and other payments. SIA will also be  seeking approval to further issue up to S$6.2 billion of additional MCBs on similar terms, to be offered to shareholders via one or more rights issues down the line. This could take place within 15 months of being approved by shareholders, it said at the time.  SIA shares closed at S$6.13 on Thursday, up S$0.15 or 2.5 per cent. https://www.businesstimes.com.sg/companies-markets/sia-obtains-sgxs-in-principle-approval-for-proposed-rights-issue
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AhLiang Elite	14-Apr-2020 14:17        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Airlines will be the last to recover fully even when a cure is available. Indonesia and India are just starting. China is in the danger of second wave. When will all borders be fully open?
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chubbybastard Member	14-Apr-2020 13:45        chubbybastard About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dude, i think the cure is going to take longer than 6 months for sure. Right now some are in various testing stages and that alone takes at least a year. Nobody wants a cure which could have potential deadly side effects. Then there is time for distribution of the cure. Its not like today found a cure, tomorrow everyone on planet earth is going to get access to the cure. And judging by the " capitalist" society we are living in, horders are going to horde the cure/vaccine. Countries, poeple, blackmarket. Look at the mask situation. It will be at least a year and a half before we can even get our hands on the vaccine. In the meantime nobody will dare to fly.  TA_Expert      ( Date: 11-Apr-2020 17:20) Posted: First of all, are you saying that this virus wil last for 2 years, with more fatalities and lockdown for 2 years? I personally believe that this outbreak will go away in 6 months time. I am optimistic while you are pessimistic, but that' s ok, different perception. There is a huge demand for air travel after the outbreak is over, just look at China now after they lifted the lockdown in Wuhan. With cash support from DBS and Temasek, there is no more cashflow issue at the moment unless the virus is still around for 2 years. Yes, there will be some knee-jerk on the dilution of the shares in the near term but it will go away eventually when air travel normalises again. Some funds have already bought in when the price was $5.50. Having said that, the key element here is will this virus go away in 6 months or 2 years time? It is up to individual to perceive. AhLiang      ( Date: 11-Apr-2020 11:01) Posted: "Soar back to$8 and above in 6 months"? Are you sure Expert? Fundamentals not dented by Covid and no shares dilution?
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Potato Master	14-Apr-2020 11:33        Potato About Contact  Quote this Post!
x 0   x 0  Alert Admin	didn' t say when hor? Joelton      ( Date: 14-Apr-2020 10:13) Posted: SIA obtains SGX' s in-principle approval for proposed rights issue MON, APR 13, 2020 - 8:47 AM SINGAPORE Airlines (SIA) has received in-principle approval from the Singapore Exchange (SGX) for its proposed rights issue amid the Covid-19 pandemic. SGX has allowed the listing and quotation of as many as 1.77 billion rights shares, up to S$3.5 billion in rights mandatory convertible bonds (MCBs) and up to 1.3 billion new shares to be issued under rights MCBs conversion, the national carrier said in a regulatory update on Monday.  The bourse has also given its in-principle approval for any further rights MCB conversion shares issued as a result of any adjustments made to the rights MCBs' conversion price. Up to 1.77 billion rights shares will be issued at S$3 per share on the basis of three rights shares for every two existing ordinary shares held by shareholders.  The issue price represents a discount of about 53.8 per cent to the last transacted price of S$6.50 on March 25, that being the last trading day before the announcement. Meanwhile, up to S$3.5 billion worth of rights MCBs will be issued at S$1 for each rights MCB on the basis of 295 rights MCBs for every 100 existing ordinary shares held by shareholders. The rights MCBs are convertible into fully paid-up new shares based on the conversion price of S$4.84, which is a 10 per cent premium to the theoretical ex-rights price of S$4.40 per share. SIA had announced on March 26 that it was  planning  to raise S$8.8 billion  via S$5.3 billion in new equity and S$3.5 billion through 10-year MCBs.  This came as  largest shareholder Temasek Holdings threw its support behind the national carrier by saying it would vote  in favour of the resolutions and commit to subscribing for its full entitlement and the remaining balance of both issuances. The group plans to use S$3.7 billion of the proceeds for operating cashflow, S$3.3 billion for aircraft purchases and aircraft-related payments, and the rest for debt servicing and other payments. SIA will also be  seeking approval to further issue up to S$6.2 billion of additional MCBs on similar terms, to be offered to shareholders via one or more rights issues down the line. This could take place within 15 months of being approved by shareholders, it said at the time.  SIA shares closed at S$6.13 on Thursday, up S$0.15 or 2.5 per cent. https://www.businesstimes.com.sg/companies-markets/sia-obtains-sgxs-in-principle-approval-for-proposed-rights-issue
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Joelton Supreme	14-Apr-2020 10:13        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA obtains SGX' s in-principle approval for proposed rights issue MON, APR 13, 2020 - 8:47 AM SINGAPORE Airlines (SIA) has received in-principle approval from the Singapore Exchange (SGX) for its proposed rights issue amid the Covid-19 pandemic. SGX has allowed the listing and quotation of as many as 1.77 billion rights shares, up to S$3.5 billion in rights mandatory convertible bonds (MCBs) and up to 1.3 billion new shares to be issued under rights MCBs conversion, the national carrier said in a regulatory update on Monday.  The bourse has also given its in-principle approval for any further rights MCB conversion shares issued as a result of any adjustments made to the rights MCBs' conversion price. Up to 1.77 billion rights shares will be issued at S$3 per share on the basis of three rights shares for every two existing ordinary shares held by shareholders.  The issue price represents a discount of about 53.8 per cent to the last transacted price of S$6.50 on March 25, that being the last trading day before the announcement. Meanwhile, up to S$3.5 billion worth of rights MCBs will be issued at S$1 for each rights MCB on the basis of 295 rights MCBs for every 100 existing ordinary shares held by shareholders. The rights MCBs are convertible into fully paid-up new shares based on the conversion price of S$4.84, which is a 10 per cent premium to the theoretical ex-rights price of S$4.40 per share. SIA had announced on March 26 that it was  planning  to raise S$8.8 billion  via S$5.3 billion in new equity and S$3.5 billion through 10-year MCBs.  This came as  largest shareholder Temasek Holdings threw its support behind the national carrier by saying it would vote  in favour of the resolutions and commit to subscribing for its full entitlement and the remaining balance of both issuances. The group plans to use S$3.7 billion of the proceeds for operating cashflow, S$3.3 billion for aircraft purchases and aircraft-related payments, and the rest for debt servicing and other payments. SIA will also be  seeking approval to further issue up to S$6.2 billion of additional MCBs on similar terms, to be offered to shareholders via one or more rights issues down the line. This could take place within 15 months of being approved by shareholders, it said at the time.  SIA shares closed at S$6.13 on Thursday, up S$0.15 or 2.5 per cent. https://www.businesstimes.com.sg/companies-markets/sia-obtains-sgxs-in-principle-approval-for-proposed-rights-issue
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AhLiang Elite	14-Apr-2020 09:24        AhLiang About Contact  Quote this Post!
x 0   x 1  Alert Admin	True, but when it is irrational, just be careful. Observers      ( Date: 14-Apr-2020 09:20) Posted: Forgot who said  &ldquo The  market can stay irrational longer than  you  can stay solvent.&rdquo AhLiang      ( Date: 13-Apr-2020 18:39) Posted: This only happens in a bear market hence the terminology 'bear rally'. And of course you don't see it in a bull market. So it is all normal
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Observers Elite	14-Apr-2020 09:20        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Forgot who said  &ldquo The  market can stay irrational longer than  you  can stay solvent.&rdquo AhLiang      ( Date: 13-Apr-2020 18:39) Posted: This only happens in a bear market hence the terminology 'bear rally'. And of course you don't see it in a bull market. So it is all normal. Justice888      ( Date: 13-Apr-2020 18:05) Posted: The more bad news the more the stock will perform..
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