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n3wbie Elite	12-Jan-2017 23:36        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	just a reminder - remember to double check the no. of shares you own before selling, else might end up short-selling the counter by accident.
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MichaelSchenker Master	12-Jan-2017 21:45        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, your method is the correct way. Still, no matter how we try to mitigate, it will still be a loss. On hindsight, shareholders are better off without the EAO exercise. AttasBoss      ( Date: 12-Jan-2017 21:41) Posted: So coincident my avg price ard 21c too. I think the realised gain for 3400shares should be 3400*(0.315-0.205) = $374 And if u dispose the bal of 96,600 at 0.191 then realised loss will be -$1352.50+$374= $978 MichaelSchenker      ( Date: 12-Jan-2017 21:21) Posted: I was  alloted a pathetic 3.5k shares out of 100,000 shares I am holding, which means 3.5% Mathematically. 3500 x 0.315 = $1,102.50 If I sold off market @ 0.191, 3500 shares would fetch $668.50 So, that means I got a nett gain of $434 (in lieu of a so-called special dividend) BUT, based on the principal sum, I lost $2068 due to this exercise. (my ave price of my 100 lots is $0.205, that is lower than the price when the EAO was first announced) Overall, loss is $2068 - $434 = $1,634 (I' m sure, all of us suffered losses too) And base on the date when the EAO was announced till today, most of us lost money, and that is supposed to be a " REWARD" for shareholders. Pathetic kind of stunt pulled off by incompetent management who naively thought it was a great idea.
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AttasBoss Elite	12-Jan-2017 21:41        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	So coincident my avg price ard 21c too. I think the realised gain for 3400shares should be 3400*(0.315-0.205) = $374 And if u dispose the bal of 96,600 at 0.191 then realised loss will be -$1352.50+$374= $978 MichaelSchenker      ( Date: 12-Jan-2017 21:21) Posted: I was  alloted a pathetic 3.5k shares out of 100,000 shares I am holding, which means 3.5% Mathematically. 3500 x 0.315 = $1,102.50 If I sold off market @ 0.191, 3500 shares would fetch $668.50 So, that means I got a nett gain of $434 (in lieu of a so-called special dividend) BUT, based on the principal sum, I lost $2068 due to this exercise. (my ave price of my 100 lots is $0.205, that is lower than the price when the EAO was first announced) Overall, loss is $2068 - $434 = $1,634 (I' m sure, all of us suffered losses too) And base on the date when the EAO was announced till today, most of us lost money, and that is supposed to be a " REWARD" for shareholders. Pathetic kind of stunt pulled off by incompetent management who naively thought it was a great idea.
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MichaelSchenker Master	12-Jan-2017 21:21        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was  alloted a pathetic 3.5k shares out of 100,000 shares I am holding, which means 3.5% Mathematically. 3500 x 0.315 = $1,102.50 If I sold off market @ 0.191, 3500 shares would fetch $668.50 So, that means I got a nett gain of $434 (in lieu of a so-called special dividend) BUT, based on the principal sum, I lost $2068 due to this exercise. (my ave price of my 100 lots is $0.205, that is lower than the price when the EAO was first announced) Overall, loss is $2068 - $434 = $1,634 (I' m sure, all of us suffered losses too) And base on the date when the EAO was announced till today, most of us lost money, and that is supposed to be a " REWARD" for shareholders. Pathetic kind of stunt pulled off by incompetent management who naively thought it was a great idea.
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golddigger95 Member	12-Jan-2017 18:08        golddigger95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My mistake, its 1.7k shares sold which is the 3.4% as promised by them but still very disappointed with Declout. I think my CDP online account has been updated already
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KopRed75 Veteran	12-Jan-2017 18:08        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry, my bad. I just logged into my CDP and the shares are back. This is really messy until the stockbrokers and CDP also don't know how to react. I got 3.63% shares sold back to the conpany.
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KopRed75 Veteran	12-Jan-2017 17:59        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don't think anyone can be certain how many of their tendered shares are sold. This is based on my understanding from the CDP officer who told me that balance shares which are not sold will be credited back to our CDP accounts around 17 Jan (indicative date). golddigger95      ( Date: 12-Jan-2017 17:52) Posted: Looking through all the comments and I think all bro and sis are very lucky to have sold all your holdings during the EAO. I've tendered all 50k lots and last checked my CDP where only 700 shares sold?! Not even the minimum 3.4% as promised $ @4$ & really disappointed, my worst investment ever
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golddigger95 Member	12-Jan-2017 17:52        golddigger95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking through all the comments and I think all bro and sis are very lucky to have sold all your holdings during the EAO. I've tendered all 50k lots and last checked my CDP where only 700 shares sold?! Not even the minimum 3.4% as promised $ @4$ & really disappointed, my worst investment ever
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mariners Senior	12-Jan-2017 16:52        mariners About Contact  Quote this Post! Style: Combined   Yells: "FA tells me what to buy, TA tells me when to buy"
x 0   x 0  Alert Admin	In the green after 3 months of red. Too bad my CDP also 0 shares :-(
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MichaelSchenker Master	12-Jan-2017 14:18        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Strange thing is, I was not aware that my DeClout shares have been taken away.. Normally, through SGX CDP notifications via SMS, I would be notified of any movement of shares. Not for DeClout shares, and I don' t even know when was it effected.
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investshare Supreme	12-Jan-2017 14:05        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	shares locked up for 1 week?? KopRed75      ( Date: 12-Jan-2017 13:36) Posted: I just went to CDP. Think AttasBoss' broker is right. For those of us who tender all our shares, the balance shares (if any) will only be credited back to our CDP account on 17 Jan (indicative date). Best for all here to check your CDP account before you trade. AttasBoss      ( Date: 12-Jan-2017 13:14) Posted: For me now i cant sell coz dont know the final allotment.. My only option only keep or sell after get back my balances if any. So do others i think
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MichaelSchenker Master	12-Jan-2017 14:01        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why does the CEO have to resort to this? The price didn' t move either. Eventually, market will decide it' s value. As they always say, the water level will eventually find it' s mark.    daffodilistic      ( Date: 12-Jan-2017 13:39) Posted: I think it' s a brilliant move by the CEO. The reverse rights offer forces people who are longing the stock to play safe by not selling until the results are out, and reduces the amount of shares on the market. The only people who are playing the shares right now either have too much shares (or fresh money) on hand, or are speculating. However the question now is whether the offer was fair for everyone since most likely you will end up with odd lots, unless they are generous, which I very much doubt at this point in time. MichaelSchenker      ( Date: 12-Jan-2017 12:58) Posted: I' m lost too, but will not call my broker. All I want is to hear from DeClout. This EAO reaffirms that it is a stupid idea. We holders do not even know how much shares we are still holding now. The only ones to benefit is the agent bank handling this exercise. Management is too stupid to be sold this idea, whereby nobody else, the big medium small cap companies are doing it. What' s the point of spending unnecessary cash   whereby the returns to shareholders is a pathetic 3.4 %, might as well just give a simple dividend and everybody would be happy.
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MichaelSchenker Master	12-Jan-2017 13:58        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	DeClout really owe us this clarification. At least a reminder not to accidentally short-sell our shares. What do we expect? Sloppy management again! KopRed75      ( Date: 12-Jan-2017 13:36) Posted: I just went to CDP. Think AttasBoss' broker is right. For those of us who tender all our shares, the balance shares (if any) will only be credited back to our CDP account on 17 Jan (indicative date). Best for all here to check your CDP account before you trade. AttasBoss      ( Date: 12-Jan-2017 13:14) Posted: For me now i cant sell coz dont know the final allotment.. My only option only keep or sell after get back my balances if any. So do others i think
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daffodilistic Member	12-Jan-2017 13:39        daffodilistic About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think it' s a brilliant move by the CEO. The reverse rights offer forces people who are longing the stock to play safe by not selling until the results are out, and reduces the amount of shares on the market. The only people who are playing the shares right now either have too much shares (or fresh money) on hand, or are speculating. However the question now is whether the offer was fair for everyone since most likely you will end up with odd lots, unless they are generous, which I very much doubt at this point in time. MichaelSchenker      ( Date: 12-Jan-2017 12:58) Posted: I' m lost too, but will not call my broker. All I want is to hear from DeClout. This EAO reaffirms that it is a stupid idea. We holders do not even know how much shares we are still holding now. The only ones to benefit is the agent bank handling this exercise. Management is too stupid to be sold this idea, whereby nobody else, the big medium small cap companies are doing it. What' s the point of spending unnecessary cash   whereby the returns to shareholders is a pathetic 3.4 %, might as well just give a simple dividend and everybody would be happy. KopRed75      ( Date: 12-Jan-2017 12:42) Posted: Does anyone know how many of your shares got sold as part of the equal access offer at $0.315? I called my broker and she told me all the shares I tendered (100% of my holdings) got sold. But I doubt it given everyone in his or her right sense will want to tender their shares for sale. How is it possible to get full allotment when the company is only buying maximum 3.4% of its outstanding shares? Can anyone share if you receive full allotment?
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HVRRVH Elite	12-Jan-2017 13:38        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Screw man, what if now you want to sell your shares? Consider as short sell? AttasBoss      ( Date: 12-Jan-2017 13:06) Posted: I called to scb they said as i opt for full so they will withdrawal it now thats y showed nil balances. They will return the cash and declout shares in case of not eligible for the over subscribe KopRed75      ( Date: 12-Jan-2017 13:00) Posted: Think I will make a trip to CDP to verify since it is near. Too much confusion
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KopRed75 Veteran	12-Jan-2017 13:36        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just went to CDP. Think AttasBoss' broker is right. For those of us who tender all our shares, the balance shares (if any) will only be credited back to our CDP account on 17 Jan (indicative date). Best for all here to check your CDP account before you trade. AttasBoss      ( Date: 12-Jan-2017 13:14) Posted: For me now i cant sell coz dont know the final allotment.. My only option only keep or sell after get back my balances if any. So do others i think. investshare      ( Date: 12-Jan-2017 13:10) Posted: if that is the case, mean very few shares available in market now for trading. What will happen when the ' locked' shares are released?
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investshare Supreme	12-Jan-2017 13:30        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	this exercise is really messy and confusing... MichaelSchenker      ( Date: 12-Jan-2017 13:22) Posted: You have a point. That means those shares in the market traded now are those that are not tendered for the exercise. They could have temporarily suspend the counter if that is the case. Wondering any breach of listing rules? Something like min 20% of all shares must be public owned. investshare      ( Date: 12-Jan-2017 13:10) Posted: if that is the case, mean very few shares available in market now for trading. What will happen when the ' locked' shares are released?
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MichaelSchenker Master	12-Jan-2017 13:22        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	You have a point. That means those shares in the market traded now are those that are not tendered for the exercise. They could have temporarily suspend the counter if that is the case. Wondering any breach of listing rules? Something like min 20% of all shares must be public owned. investshare      ( Date: 12-Jan-2017 13:10) Posted: if that is the case, mean very few shares available in market now for trading. What will happen when the ' locked' shares are released? AttasBoss      ( Date: 12-Jan-2017 13:06) Posted: I called to scb they said as i opt for full so they will withdrawal it now thats y showed nil balances. They will return the cash and declout shares in case of not eligible for the over subscrib
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KopRed75 Veteran	12-Jan-2017 13:16        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price shd crumble. That is why I want to confirm my allotment and see how soon I can sell any balance that are not bought back by the company. investshare      ( Date: 12-Jan-2017 13:10) Posted: if that is the case, mean very few shares available in market now for trading. What will happen when the ' locked' shares are released? AttasBoss      ( Date: 12-Jan-2017 13:06) Posted: I called to scb they said as i opt for full so they will withdrawal it now thats y showed nil balances. They will return the cash and declout shares in case of not eligible for the over subscrib
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AttasBoss Elite	12-Jan-2017 13:14        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	For me now i cant sell coz dont know the final allotment.. My only option only keep or sell after get back my balances if any. So do others i think. investshare      ( Date: 12-Jan-2017 13:10) Posted: if that is the case, mean very few shares available in market now for trading. What will happen when the ' locked' shares are released? AttasBoss      ( Date: 12-Jan-2017 13:06) Posted: I called to scb they said as i opt for full so they will withdrawal it now thats y showed nil balances. They will return the cash and declout shares in case of not eligible for the over subscrib
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