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ThinkEnv name change to Liongold Corp Post Reply Rate topic
daoism84 Member	02-Jul-2014 11:24        daoism84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Demo, So end state you still investing? Aft reading the file... Btw... Will the selling of the renouncable right depress the stock's price? In the event of bad subscription, not much changes will be factored in to the stocks also right? And issit common that there is no underwriter for issuance of rights cum warrant?
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wesely2k Master	02-Jul-2014 10:27        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Should be by 0.092 now...but bo action leh.
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ethanetoh Senior	02-Jul-2014 09:48        ethanetoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	no action from BBs  yet, they also cant make up their mind???
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nphp1117 Member	02-Jul-2014 09:26        nphp1117 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you for your detail analysis guys. It really helps though I am confused little with what option to choose. :)) GuavaXF30      ( Date: 02-Jul-2014 08:17) Posted: Thanks Intrinsic. Very balanced comment here. I too saw the point about no mention of any directors or major shareholders committing to mopping up balance and that to me is alarming, purely from the point of omission. As for the options you put forth, to add-on, option 2 is actually a technical short-sell. That is selling your shares with the intention to buy back later. This you only do if you are confident that the price will fall lower than the watered down value, or if you just do not want to put in any more cash. I personally will go for this as price falling lower after rights issues are true with most pennies. I feel this is safer. This is not to say I do not think this company is worth keeping some money in. Just weighting risk and rewards. But this is just me. Please do your own due diligence and make your own decision. Intrinsic      ( Date: 01-Jul-2014 21:03) Posted: I would like to highlight to everyone that the directors at Liongold has made this issue in such a away, that there is no obligation for them to purchase the unsubscribed rights. This goes alot to tell us that they themselves are not confident of Liongold' s future share prices. Meaning, if the rights are under-subscribed, they will reduce the whole quantum to match the total amount of cash injected. The directors themselves does not want to put a single cent more into Liongold. Few things you can do now: 1) Financing - If you have 100 lots, you would need to fork out $1,800 to exercise the rights (2 rights for 5 existing shares). You can finance this buy selling about 15 lots now at $0.087 to raise $1,305. You would then have covered most of the cash needed to exercise your rights based on the 85 remaining lots which is $1,530. 2) Short - Sell away your shares now, and buy back the same number of lots after the whole rights issue exercise 3) Do nothing now, and just sell off the rights when it starts trading 4) Subscribe to all the rights when it comes
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GuavaXF30 Elite	02-Jul-2014 08:35        GuavaXF30 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Demo. It' s on the statement issued yesterday. Look at point number 3. http://infopub.sgx.com/FileOpen/LionGold_Bond_Restructuring_and_Rights_Issue_Announcement_Final_30_June_2014.ashx?App=Announcement& FileID=303561 Demostation      ( Date: 02-Jul-2014 08:23) Posted: I was puzzled.   Why talk about rights issues here when Lion Gold is not going to have rights issues.   I have searched all over SGX and found no such mention or intentions of issuing right for Lion Gold. Not even from the press. Hope this is not to introduce scare tactics.   I am thinking of investing in Lion Gold and was slightly taken aback,.   But now after finding no evidence of any rights to be called, I am now ready to monitor for entry, unless someone come and tell me that I miss anything, lol.
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Demostation Supreme	02-Jul-2014 08:23        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was puzzled.   Why talk about rights issues here when Lion Gold is not going to have rights issues.   I have searched all over SGX and found no such mention or intentions of issuing right for Lion Gold. Not even from the press. Hope this is not to introduce scare tactics.   I am thinking of investing in Lion Gold and was slightly taken aback,.   But now after finding no evidence of any rights to be called, I am now ready to monitor for entry, unless someone come and tell me that I miss anything, lol.
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GuavaXF30 Elite	02-Jul-2014 08:17        GuavaXF30 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Intrinsic. Very balanced comment here. I too saw the point about no mention of any directors or major shareholders committing to mopping up balance and that to me is alarming, purely from the point of omission. As for the options you put forth, to add-on, option 2 is actually a technical short-sell. That is selling your shares with the intention to buy back later. This you only do if you are confident that the price will fall lower than the watered down value, or if you just do not want to put in any more cash. I personally will go for this as price falling lower after rights issues are true with most pennies. I feel this is safer. This is not to say I do not think this company is worth keeping some money in. Just weighting risk and rewards. But this is just me. Please do your own due diligence and make your own decision. Intrinsic      ( Date: 01-Jul-2014 21:03) Posted: I would like to highlight to everyone that the directors at Liongold has made this issue in such a away, that there is no obligation for them to purchase the unsubscribed rights. This goes alot to tell us that they themselves are not confident of Liongold' s future share prices. Meaning, if the rights are under-subscribed, they will reduce the whole quantum to match the total amount of cash injected. The directors themselves does not want to put a single cent more into Liongold. Few things you can do now: 1) Financing - If you have 100 lots, you would need to fork out $1,800 to exercise the rights (2 rights for 5 existing shares). You can finance this buy selling about 15 lots now at $0.087 to raise $1,305. You would then have covered most of the cash needed to exercise your rights based on the 85 remaining lots which is $1,530. 2) Short - Sell away your shares now, and buy back the same number of lots after the whole rights issue exercise 3) Do nothing now, and just sell off the rights when it starts trading 4) Subscribe to all the rights when it comes
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Octavia Supreme	01-Jul-2014 23:42        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	It can be interpreted that the directors have  limitation  and need to  protect their own interest as well not that they have no confidence in the company..Unlike big   fund managers if they are they involved they will state that they will take up all the remaining  unsubscribed rights as they are able to do so. Intrinsic      ( Date: 01-Jul-2014 21:03) Posted: I would like to highlight to everyone that the directors at Liongold has made this issue in such a away, that there is no obligation for them to purchase the unsubscribed rights. This goes alot to tell us that they themselves are not confident of Liongold' s future share prices. Meaning, if the rights are under-subscribed, they will reduce the whole quantum to match the total amount of cash injected. The directors themselves does not want to put a single cent more into Liongold. Few things you can do now: 1) Financing - If you have 100 lots, you would need to fork out $1,800 to exercise the rights (2 rights for 5 existing shares). You can finance this buy selling about 15 lots now at $0.087 to raise $1,305. You would then have covered most of the cash needed to exercise your rights based on the 85 remaining lots which is $1,530. 2) Short - Sell away your shares now, and buy back the same number of lots after the whole rights issue exercise 3) Do nothing now, and just sell off the rights when it starts trading 4) Subscribe to all the rights when it comes
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Intrinsic Member	01-Jul-2014 22:00        Intrinsic About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its totally diff bro. Point 3 refers to selling off your rights upon the first trading day opening. Point 4 is not selling anything off and paying up cash as per Liongold' s requirements. Would never recommend point 3 to anyone because based on experience, immediate capital loss is almost guaranteed. daoism84      ( Date: 01-Jul-2014 21:44) Posted: Hi intrinsic, Can elaborate abit more for point 3 & 4? Cos it seems to b the same to me. Thanks.
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daoism84 Member	01-Jul-2014 21:44        daoism84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi intrinsic, Can elaborate abit more for point 3 & 4? Cos it seems to b the same to me. Thanks.
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MoneyPlay Member	01-Jul-2014 21:37        MoneyPlay About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aiyoh, if you are one of the ABL director or substantial shareholder and somore you do not have tons of cash on hand, how to inject some more money in the company? Everyone bad mood la.,..LL is the only thing can do.......
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Intrinsic Member	01-Jul-2014 21:03        Intrinsic About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would like to highlight to everyone that the directors at Liongold has made this issue in such a away, that there is no obligation for them to purchase the unsubscribed rights. This goes alot to tell us that they themselves are not confident of Liongold' s future share prices. Meaning, if the rights are under-subscribed, they will reduce the whole quantum to match the total amount of cash injected. The directors themselves does not want to put a single cent more into Liongold. Few things you can do now: 1) Financing - If you have 100 lots, you would need to fork out $1,800 to exercise the rights (2 rights for 5 existing shares). You can finance this buy selling about 15 lots now at $0.087 to raise $1,305. You would then have covered most of the cash needed to exercise your rights based on the 85 remaining lots which is $1,530. 2) Short - Sell away your shares now, and buy back the same number of lots after the whole rights issue exercise 3) Do nothing now, and just sell off the rights when it starts trading 4) Subscribe to all the rights when it comes
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Hzxsun99 Member	01-Jul-2014 20:56        Hzxsun99 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Hi, it depends on your belief. If u believe liongold has long term potential, pick up the right and warrant issues. I am vested and I believe in long term potential of lg, hence I will be taking up the issues. Dyodd. 👓
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daoism84 Member	01-Jul-2014 19:13        daoism84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hi all investors on liongold, what are your take on this rights cum warrants issue? will your subscribe.... pls give me some of your views...   thanks, :>
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Youngcy Member	01-Jul-2014 16:32        Youngcy About Contact  Quote this Post!
x 0   x 0  Alert Admin	rookie here, what is the timeline for the right issue, what exactly we need to do to subscribe the new right? GuavaXF30      ( Date: 01-Jul-2014 14:33) Posted: That is correct but only if you are looking at purely dilution angle. Because when you do not buy the " discounted" rights shares, you are giving up your entitlement to others who are prepared to put in more cash.   nphp1117      ( Date: 01-Jul-2014 14:11) Posted: Thnks for explanation. It mean either i sell share or take rights. If i don' t take rights, when share price gets lower due to dilution, i will be in more loss. correct?
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ethanetoh Senior	01-Jul-2014 15:29        ethanetoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	or sell rights to take back some capital nphp1117      ( Date: 01-Jul-2014 14:11) Posted: Thnks for explanation. It mean either i sell share or take rights. If i don' t take rights, when share price gets lower due to dilution, i will be in more loss. correct?   ethanetoh      ( Date: 01-Jul-2014 12:33) Posted: This rights issues article quite easy to understand http://www.investopedia.com/articles/stocks/05/062905.asp best is check with your broker, you will get all the answers plus explainations
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Octavia Supreme	01-Jul-2014 15:23        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Seem to have pple accumulating at current price...hope to see a good closing today.
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GuavaXF30 Elite	01-Jul-2014 14:33        GuavaXF30 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is correct but only if you are looking at purely dilution angle. Because when you do not buy the " discounted" rights shares, you are giving up your entitlement to others who are prepared to put in more cash.   nphp1117      ( Date: 01-Jul-2014 14:11) Posted: Thnks for explanation. It mean either i sell share or take rights. If i don' t take rights, when share price gets lower due to dilution, i will be in more loss. correct?   ethanetoh      ( Date: 01-Jul-2014 12:33) Posted: This rights issues article quite easy to understand http://www.investopedia.com/articles/stocks/05/062905.asp best is check with your broker, you will get all the answers plus explainations
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nphp1117 Member	01-Jul-2014 14:11        nphp1117 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thnks for explanation. It mean either i sell share or take rights. If i don' t take rights, when share price gets lower due to dilution, i will be in more loss. correct?   ethanetoh      ( Date: 01-Jul-2014 12:33) Posted: This rights issues article quite easy to understand http://www.investopedia.com/articles/stocks/05/062905.asp best is check with your broker, you will get all the answers plus explainations nphp1117      ( Date: 01-Jul-2014 12:23) Posted: Can someone help to explain in newbie like me on how it will affect share price? I have some lion gold shares but at higher price 104....  How many shares they are giving in rights? at what price? hope someone can help to explain.   Thanks
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Stocky901 Supreme	01-Jul-2014 13:57        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.045 in Jun 14.. keep issuing. . too good to stop.. lower & lower.. Stocky901      ( Date: 27-Jun-2014 21:36) Posted: Shares subscriptions: 0.183 in Nov13, 0.134 in Apr14, 0.081 in Jun14.. When they going to stop? You dare to buy? You can trust them?
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