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Stocky901 Supreme	13-Sep-2014 14:46        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok. No problem. Its a bit confusing. The rights appn forms also different. The one purchased from mkt cannot apply for excess rights whereas the other one for entitled rights there is indication you can. Will check with broker again. Monday closing liao. Thks again for ur times. Hv a great weekends. edwinjup      ( Date: 13-Sep-2014 14:25) Posted: Bro..u may wan to double confirm with ur broker..this Is the method I always use and I used for my ocbc r but i find ocbc right issues document   did not indicate this method right or wrong leh..thanks Stocky901      ( Date: 13-Sep-2014 13:29) Posted: Great. Thank you bro
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edwinjup Supreme	13-Sep-2014 14:25        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro..u may wan to double confirm with ur broker..this Is the method I always use and I used for my ocbc r but i find ocbc right issues document   did not indicate this method right or wrong leh..thanks Stocky901      ( Date: 13-Sep-2014 13:29) Posted: Great. Thank you bro. edwinjup      ( Date: 13-Sep-2014 13:27) Posted: Yes...can apply at one go....
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Kyoto2008 Elite	13-Sep-2014 14:18        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price should pick up and follow DBS' s lead.
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Stocky901 Supreme	13-Sep-2014 13:29        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Great. Thank you bro. edwinjup      ( Date: 13-Sep-2014 13:27) Posted: Yes...can apply at one go..... Stocky901      ( Date: 13-Sep-2014 13:17) Posted: Any rights expert can help? If I entitled x rights shares and I bought y rights shares from open mkt, can I use ATM to exercise x+y shares in one go, or I need to enter 2 times separatly? Thk you very much.
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edwinjup Supreme	13-Sep-2014 13:27        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes...can apply at one go..... Stocky901      ( Date: 13-Sep-2014 13:17) Posted: Any rights expert can help? If I entitled x rights shares and I bought y rights shares from open mkt, can I use ATM to exercise x+y shares in one go, or I need to enter 2 times separatly? Thk you very much.
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Stocky901 Supreme	13-Sep-2014 13:17        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any rights expert can help? If I entitled x rights shares and I bought y rights shares from open mkt, can I use ATM to exercise x+y shares in one go, or I need to enter 2 times separatly? Thk you very much.
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goondoo Senior	11-Sep-2014 13:17        goondoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	It may seem like advice on hindsight. But the best strategy would have been to sell the rights on 1 sep @ 2.26 and buy ocbc from open mkt at $9 or even $8 if STI correct.
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edwinjup Supreme	11-Sep-2014 10:58        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	This ocbc right issue make me very hand tight....lol chinastar      ( Date: 11-Sep-2014 10:50) Posted: chinese new year in 2015:) Stocky901      ( Date: 08-Sep-2014 11:00) Posted: DMG has TP of $ 10.55. Jun bo?
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chinastar Veteran	11-Sep-2014 10:50        chinastar About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	chinese new year in 2015:) Stocky901      ( Date: 08-Sep-2014 11:00) Posted: DMG has TP of $ 10.55. Jun bo?
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surefire Member	09-Sep-2014 22:26        surefire About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nope pretty sure u cant otherwise it would be a logistics nightmare for the lead manager  redevils      ( Date: 09-Sep-2014 22:18) Posted: Sorry. New to rights I just apply for my rights at atm today. 125 shares Can i still apply for excess rights at the atm again?  Thanks
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edwinjup Supreme	09-Sep-2014 22:24        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think u need to.check.with the agent...i worry if u apply two times for the same batch..might.void ur 125 shares.....so pls check.with the placement mgr better....i know they dont allow.combine cashier order for same batch of rights..... redevils      ( Date: 09-Sep-2014 22:18) Posted: Sorry. New to rights I just apply for my rights at atm today. 125 shares Can i still apply for excess rights at the atm again?  Thanks
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redevils Member	09-Sep-2014 22:18        redevils About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry. New to rights I just apply for my rights at atm today. 125 shares Can i still apply for excess rights at the atm again?  Thanks
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lingua101 Veteran	09-Sep-2014 16:27        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	you believe analyst? they just trying to scare the market la edwinjup      ( Date: 08-Sep-2014 09:02) Posted: Like these..better sell.ur rights...lol traders      ( Date: 08-Sep-2014 09:00) Posted: From Tree Original Note - Price catalyst 12-month price target: S$8.20  based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution OCBC is seeking to raise S$3.37 billion via a rights issue to existing shareholders after its acquisition of Wing Hang Bank (WHB). According to its announcement, OCBC will sell up to 440 million new shares at the ratio of one new share for every eight shares held, with an offer price of $7.65 each. This price translates into a 25% discount from the bank&rsquo s closing price of $10.20 last Friday.   Closing at $10.20 yesterday, OCBC ended the day unchanged and is currently trading 4.7% above its 50-day moving average of $9.74.   Macquarie Equities Research (MER) has issued a report on OCBC yesterday morning with a 12 month target price of $8.20. Here are some excerpts from the report.   OCBC announced a rights issue on 18 August. The 2 key questions are: Will this close the full capital shortfall after the WHB deal on a Basel 3 fully loaded basis? Does this remove the risks of further earnings dilution? The answer to both questions is No in MER&rsquo s view.   Impact Size of the rights issue above expectations &hellip Gross proceeds of S$ 3.4bn from the rights issue are above market expectations of S$ 2-3bn. &hellip but still not enough in MER&rsquo s view. In the announcement, no pro-forma capital ratios were disclosed by OCBC. MER estimates the pro-forma CET1 ratio post WHB (fully loaded Basel 3) to increase from 8.3% to 10.1% (2014E). This is still a S$3.5bn pro-forma capital shortfall to 12% CET1 based on MER&rsquo s estimates. DBS and UOB are comfortably above 12% already.   Earnings and target price revision No change. MER&rsquo s current forecast and target price are before the rights issue.   Price catalyst 12-month price target: S$8.20 based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution   Action and recommendation MER maintains their Underperform recommendation on OCBC. The S$ 3.4bn rights issue addresses around half of the pro-forma capital shortfall in MER&rsquo s view. Little transparency and disclosure on pro-forma capital ratios after the WHB deal are another reason for MER to remain guarded. Source: Macquarie Research
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leong3k Member	09-Sep-2014 13:53        leong3k About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't worry , be happy. Enjoy the ride after right placement. goondoo      ( Date: 09-Sep-2014 11:46) Posted: For all ocbc optimists, pray hard that dbs reach $20 and uob reach $25 then maybe ocbc can hold at current $9.7 to $9.8 levels.
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goondoo Senior	09-Sep-2014 11:46        goondoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	For all ocbc optimists, pray hard that dbs reach $20 and uob reach $25 then maybe ocbc can hold at current $9.7 to $9.8 levels.
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edwinjup Supreme	09-Sep-2014 09:52        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last day to trade ocbc r.....
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Stocky901 Supreme	08-Sep-2014 11:00        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	DMG has TP of $ 10.55. Jun bo?
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nngeeh Veteran	08-Sep-2014 09:16        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	And u r waiting to scoop it up, right? :) edwinjup      ( Date: 08-Sep-2014 09:02) Posted: Like these..better sell.ur rights...lol traders      ( Date: 08-Sep-2014 09:00) Posted: From Tree Original Note - Price catalyst 12-month price target: S$8.20  based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution OCBC is seeking to raise S$3.37 billion via a rights issue to existing shareholders after its acquisition of Wing Hang Bank (WHB). According to its announcement, OCBC will sell up to 440 million new shares at the ratio of one new share for every eight shares held, with an offer price of $7.65 each. This price translates into a 25% discount from the bank&rsquo s closing price of $10.20 last Friday.   Closing at $10.20 yesterday, OCBC ended the day unchanged and is currently trading 4.7% above its 50-day moving average of $9.74.   Macquarie Equities Research (MER) has issued a report on OCBC yesterday morning with a 12 month target price of $8.20. Here are some excerpts from the report.   OCBC announced a rights issue on 18 August. The 2 key questions are: Will this close the full capital shortfall after the WHB deal on a Basel 3 fully loaded basis? Does this remove the risks of further earnings dilution? The answer to both questions is No in MER&rsquo s view.   Impact Size of the rights issue above expectations &hellip Gross proceeds of S$ 3.4bn from the rights issue are above market expectations of S$ 2-3bn. &hellip but still not enough in MER&rsquo s view. In the announcement, no pro-forma capital ratios were disclosed by OCBC. MER estimates the pro-forma CET1 ratio post WHB (fully loaded Basel 3) to increase from 8.3% to 10.1% (2014E). This is still a S$3.5bn pro-forma capital shortfall to 12% CET1 based on MER&rsquo s estimates. DBS and UOB are comfortably above 12% already.   Earnings and target price revision No change. MER&rsquo s current forecast and target price are before the rights issue.   Price catalyst 12-month price target: S$8.20 based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution   Action and recommendation MER maintains their Underperform recommendation on OCBC. The S$ 3.4bn rights issue addresses around half of the pro-forma capital shortfall in MER&rsquo s view. Little transparency and disclosure on pro-forma capital ratios after the WHB deal are another reason for MER to remain guarded. Source: Macquarie Research
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edwinjup Supreme	08-Sep-2014 09:02        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like these..better sell.ur rights...lol traders      ( Date: 08-Sep-2014 09:00) Posted: From Tree Original Note - Price catalyst 12-month price target: S$8.20  based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution OCBC is seeking to raise S$3.37 billion via a rights issue to existing shareholders after its acquisition of Wing Hang Bank (WHB). According to its announcement, OCBC will sell up to 440 million new shares at the ratio of one new share for every eight shares held, with an offer price of $7.65 each. This price translates into a 25% discount from the bank&rsquo s closing price of $10.20 last Friday.   Closing at $10.20 yesterday, OCBC ended the day unchanged and is currently trading 4.7% above its 50-day moving average of $9.74.   Macquarie Equities Research (MER) has issued a report on OCBC yesterday morning with a 12 month target price of $8.20. Here are some excerpts from the report.   OCBC announced a rights issue on 18 August. The 2 key questions are: Will this close the full capital shortfall after the WHB deal on a Basel 3 fully loaded basis? Does this remove the risks of further earnings dilution? The answer to both questions is No in MER&rsquo s view.   Impact Size of the rights issue above expectations &hellip Gross proceeds of S$ 3.4bn from the rights issue are above market expectations of S$ 2-3bn. &hellip but still not enough in MER&rsquo s view. In the announcement, no pro-forma capital ratios were disclosed by OCBC. MER estimates the pro-forma CET1 ratio post WHB (fully loaded Basel 3) to increase from 8.3% to 10.1% (2014E). This is still a S$3.5bn pro-forma capital shortfall to 12% CET1 based on MER&rsquo s estimates. DBS and UOB are comfortably above 12% already.   Earnings and target price revision No change. MER&rsquo s current forecast and target price are before the rights issue.   Price catalyst 12-month price target: S$8.20 based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution   Action and recommendation MER maintains their Underperform recommendation on OCBC. The S$ 3.4bn rights issue addresses around half of the pro-forma capital shortfall in MER&rsquo s view. Little transparency and disclosure on pro-forma capital ratios after the WHB deal are another reason for MER to remain guarded. Source: Macquarie Research
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traders Member	08-Sep-2014 09:00        traders About Contact  Quote this Post!
x 0   x 0  Alert Admin	From Tree Original Note - Price catalyst 12-month price target: S$8.20  based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution OCBC is seeking to raise S$3.37 billion via a rights issue to existing shareholders after its acquisition of Wing Hang Bank (WHB). According to its announcement, OCBC will sell up to 440 million new shares at the ratio of one new share for every eight shares held, with an offer price of $7.65 each. This price translates into a 25% discount from the bank&rsquo s closing price of $10.20 last Friday.   Closing at $10.20 yesterday, OCBC ended the day unchanged and is currently trading 4.7% above its 50-day moving average of $9.74.   Macquarie Equities Research (MER) has issued a report on OCBC yesterday morning with a 12 month target price of $8.20. Here are some excerpts from the report.   OCBC announced a rights issue on 18 August. The 2 key questions are: Will this close the full capital shortfall after the WHB deal on a Basel 3 fully loaded basis? Does this remove the risks of further earnings dilution? The answer to both questions is No in MER&rsquo s view.   Impact Size of the rights issue above expectations &hellip Gross proceeds of S$ 3.4bn from the rights issue are above market expectations of S$ 2-3bn. &hellip but still not enough in MER&rsquo s view. In the announcement, no pro-forma capital ratios were disclosed by OCBC. MER estimates the pro-forma CET1 ratio post WHB (fully loaded Basel 3) to increase from 8.3% to 10.1% (2014E). This is still a S$3.5bn pro-forma capital shortfall to 12% CET1 based on MER&rsquo s estimates. DBS and UOB are comfortably above 12% already.   Earnings and target price revision No change. MER&rsquo s current forecast and target price are before the rights issue.   Price catalyst 12-month price target: S$8.20 based on a Price to Book methodology. Catalyst: potential further pressure on capital ratios and further dilution   Action and recommendation MER maintains their Underperform recommendation on OCBC. The S$ 3.4bn rights issue addresses around half of the pro-forma capital shortfall in MER&rsquo s view. Little transparency and disclosure on pro-forma capital ratios after the WHB deal are another reason for MER to remain guarded. Source: Macquarie Research
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