| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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vivacious
Supreme |
31-Aug-2021 11:19
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yes - been depressing to watch - even more so for those uncles,aunties who has been vested with SMM all these years
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bystander1965
Supreme |
31-Aug-2021 11:18
Yells: "What I say is just my assessment. DYODD" |
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If you have 0 rights, how to apply? If you really want, try to buy the rights in the market at say 0.001. Then go apply at the ATM or online. Never say never, the last right exercise towards the end of the rights trading, there was no buyer at all.  
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sutiono
Veteran |
31-Aug-2021 11:17
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Keep 1,000 rights and apply for 1m excess , like many others
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mrwise
Supreme |
31-Aug-2021 11:16
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Looking good to rise back! | ||||
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tbooncho888
Senior |
31-Aug-2021 11:15
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I check with my broker, he said if selling away the rights, not entitled to subscribe for excess right, correct? | ||||
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PhillipTan
Supreme |
31-Aug-2021 11:11
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Offer price is fixed, no more no less at 8 cents If you are applying for your entitled rights, eg. 3000 rights shares, you only need to pay $240.00 But if you pay $480.00 for example, they will take your excess payment as excess rights shares application Ie. 3000 entitiled rights shares, 3000 excess rights shares Excess rights shares if given will be based on subscription rate, and the allotment will depend on total pool of excess rights shares applied If you are only allotted 1000 excess rights shares, they will refund you the remaining $160.00  
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bystander1965
Supreme |
31-Aug-2021 11:09
Yells: "What I say is just my assessment. DYODD" |
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Perhaps. I am saying so because it will not show up in CDP under his/her name but the custodian' s. S/he can only see it in his/her bank account.
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beng1102
Elite |
31-Aug-2021 11:07
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CPFIS processing is implemented by various banks and some do not have a good processing system.
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KelWCL
Member |
31-Aug-2021 11:04
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Thanks for your advice ! | ||||
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vicloo
Supreme |
31-Aug-2021 11:04
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To subscribe the right, you will need to transfer money similar to IPO placement online or ATM. Best check with your broker. Offer price is fixed 8c no more no less.
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bystander1965
Supreme |
31-Aug-2021 11:03
Yells: "What I say is just my assessment. DYODD" |
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Don' t confuse him/her. S/he is using CPFIS.
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beng1102
Elite |
31-Aug-2021 10:59
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That mean they don' t have a good system.  Rights should have been created on record date  based on your ex-date end of day position  and be allowed to trade today.
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vivacious
Supreme |
31-Aug-2021 10:58
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when u hv a lot of money, the differential is vastly different
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pat123
Member |
31-Aug-2021 10:58
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Thanks for information, i saw it in my CDP account ! If i intended to keep hold the rights and exercise to buy in the right , what should i do now? the right' s share price already fixed to 0.08? Or will this number change over times? Thanks in advance!
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TigerPlay
Master |
31-Aug-2021 10:57
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Why no difference, is a 0.4 cents different and for 2 millions is $8,000 leh, I can get 2.5 3Sixty Titanium bike laiow
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bystander1965
Supreme |
31-Aug-2021 10:56
Yells: "What I say is just my assessment. DYODD" |
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CPFIS and CDP are 2 different things. CPFIS your shares/rights will be in a custodian account with the bank. Normally it is slower to reflect in your account. Perhaps 1 extra day. You don' t check your holdings in CDP but the bank where you hold your CPFIS account. It should show up there once credited, perhaps tomorrow.
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idwish
Senior |
31-Aug-2021 10:51
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checked CDP, nothing there , not even Sembawang Marine cos they are bought using CPF Called CPFIS bank, they said entitled but will not be reflected in the account.... Didn' t know using cpfis is so messy
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vicloo
Supreme |
31-Aug-2021 10:51
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You can buy rights in market and subscribe it
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beng1102
Elite |
31-Aug-2021 10:46
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Yes!    Everyone allocated with the rights is eligible to subscribe for excess rights.
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KelWCL
Member |
31-Aug-2021 10:42
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Hi, just to find out if I do not own any SMM shares now, can I subscribe the excess Rights. Or is it that all excess Rights will be mopped up by TH without ' offering to the public ? | ||||
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