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Bennytan23 Senior	20-May-2020 15:03        Bennytan23 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If u own 1 sia r share, u pay $3 to exercise ur right to convert to mother share (SIA)  if u buy/own 100 SIA R shares, u pay $300 to exercise ur rights to convert to mother shares. the 2share3rights thing, thats if u own shares b4 5th May. U will be allocated 2:3 share rights. (Dont need to buy, u can exercise by paying $3/share to convert to mother share)  🤓 Sin_Cos_Tan      ( Date: 20-May-2020 14:52) Posted: Table 1: Key terms &ndash rights issue for new ordinary shares Issue Price : SGD 3 per rights share Rights Ratio : 3 rights shares for every 2 existing shares Trading Name :SIA R If I' m not wrong, if you buy 3 SIA R @ 0.445 = $1.335 now, Last date and time for acceptance of and payment for rights shares :  28/5/20 2 SIA shares x$3 =$6 total cost you pay : $6+1.335=$ 7.335 for 2 SIA shares each share : $7.335/2= $3.6675 which is 8.75c higher than the current SIA price ($3.58)   chipchip66      ( Date: 20-May-2020 12:16) Posted: if i buy rights at $0.45 and exercise by paying $3, does it mean my cost px is $3.45?
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furnaces Veteran	20-May-2020 14:59        furnaces About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very simple. Just need to pay $3+$0.44 =$3.44 (excluding brokerage fees). Sin_Cos_Tan      ( Date: 20-May-2020 14:52) Posted: Table 1: Key terms &ndash rights issue for new ordinary shares Issue Price : SGD 3 per rights share Rights Ratio : 3 rights shares for every 2 existing shares Trading Name :SIA R If I' m not wrong, if you buy 3 SIA R @ 0.445 = $1.335 now, Last date and time for acceptance of and payment for rights shares :  28/5/20 2 SIA shares x$3 =$6 total cost you pay : $6+1.335=$ 7.335 for 2 SIA shares each share : $7.335/2= $3.6675 which is 8.75c higher than the current SIA price ($3.58)   chipchip66      ( Date: 20-May-2020 12:16) Posted: if i buy rights at $0.45 and exercise by paying $3, does it mean my cost px is $3.45?
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jit123 Member	20-May-2020 14:58        jit123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1 right will give us the privilege to claim 1 share at 3$ the explain you gave is incorrect as per what I read so far Sin_Cos_Tan      ( Date: 20-May-2020 14:52) Posted: Table 1: Key terms &ndash rights issue for new ordinary shares Issue Price : SGD 3 per rights share Rights Ratio : 3 rights shares for every 2 existing shares Trading Name :SIA R If I' m not wrong, if you buy 3 SIA R @ 0.445 = $1.335 now, Last date and time for acceptance of and payment for rights shares :  28/5/20 2 SIA shares x$3 =$6 total cost you pay : $6+1.335=$ 7.335 for 2 SIA shares each share : $7.335/2= $3.6675 which is 8.75c higher than the current SIA price ($3.58)   chipchip66      ( Date: 20-May-2020 12:16) Posted: if i buy rights at $0.45 and exercise by paying $3, does it mean my cost px is $3.45?
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westpoison Veteran	20-May-2020 14:55        westpoison About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	I think your calculation is abit wrong. 1 right get you 1 share now. So the price should be $3 + 0.445 = $3.445 lower than the current SIA $3.58. Sin_Cos_Tan      ( Date: 20-May-2020 14:52) Posted: Table 1: Key terms &ndash rights issue for new ordinary shares Issue Price : SGD 3 per rights share Rights Ratio : 3 rights shares for every 2 existing shares Trading Name :SIA R If I' m not wrong, if you buy 3 SIA R @ 0.445 = $1.335 now, Last date and time for acceptance of and payment for rights shares :  28/5/20 2 SIA shares x$3 =$6 total cost you pay : $6+1.335=$ 7.335 for 2 SIA shares each share : $7.335/2= $3.6675 which is 8.75c higher than the current SIA price ($3.58)   chipchip66      ( Date: 20-May-2020 12:16) Posted: if i buy rights at $0.45 and exercise by paying $3, does it mean my cost px is $3.45?
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Sin_Cos_Tan Veteran	20-May-2020 14:52        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Table 1: Key terms &ndash rights issue for new ordinary shares Issue Price : SGD 3 per rights share Rights Ratio : 3 rights shares for every 2 existing shares Trading Name :SIA R If I' m not wrong, if you buy 3 SIA R @ 0.445 = $1.335 now, Last date and time for acceptance of and payment for rights shares :  28/5/20 2 SIA shares x$3 =$6 total cost you pay : $6+1.335=$ 7.335 for 2 SIA shares each share : $7.335/2= $3.6675 which is 8.75c higher than the current SIA price ($3.58)   chipchip66      ( Date: 20-May-2020 12:16) Posted: if i buy rights at $0.45 and exercise by paying $3, does it mean my cost px is $3.45?
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Starship Supreme	20-May-2020 14:49        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	normalcy      ( Date: 20-May-2020 14:39) Posted: Tmr final episode of this exciting drama. Never know, there might be a plot twist that defies all our expectations. BBs might move with big plays just like vultures closing in on their prey just before the sun sets. Brace for volatility. Soon the dust will settle... and Season 2 will start airing on 8 June. Stay tuned!
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newbieliu Elite	20-May-2020 14:40        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	I doubt the kiasu pple like me have anymore bullets to absorb le given such selling pressure. Rather they predict the big boys are absorbing it for their own punting later.  AhLiang      ( Date: 20-May-2020 14:29) Posted: BBs have sold a lot to the kia-su yesterday and today they are still selling. Tomorrow they will only buy the number they need at cheaper price. newbieliu      ( Date: 20-May-2020 14:21) Posted: I am wondering all the floating right shares have gotten into the hands of the BB... what will they do?
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normalcy Member	20-May-2020 14:39        normalcy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tmr final episode of this exciting drama. Never know, there might be a plot twist that defies all our expectations. BBs might move with big plays just like vultures closing in on their prey just before the sun sets. Brace for volatility. Soon the dust will settle... and Season 2 will start airing on 8 June. Stay tuned!
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AhLiang Elite	20-May-2020 14:29        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	BBs have sold a lot to the kia-su yesterday and today they are still selling. Tomorrow they will only buy the number they need at cheaper price. newbieliu      ( Date: 20-May-2020 14:21) Posted: I am wondering all the floating right shares have gotten into the hands of the BB... what will they do?
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Oldman278 Senior	20-May-2020 14:24        Oldman278 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Probably all thinking how to exit with the least damages... LOL newbieliu      ( Date: 20-May-2020 14:21) Posted: I am wondering all the floating right shares have gotten into the hands of the BB... what will they do?
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newbieliu Elite	20-May-2020 14:21        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am wondering all the floating right shares have gotten into the hands of the BB... what will they do?
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lingua101 Veteran	20-May-2020 14:18        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the explanation :) I think you should be quite accurate for tomorrow :) and may be also in june. Bennytan23      ( Date: 20-May-2020 12:13) Posted: Rights price(currently 45c) plus $3/share to exercise.  but whatever gonna happen on 22ndmay, we dunno. Only mother shares will be trading.  so i expect the price to rise compared to the closing price tmr 21st.  however, on the 8th June, ppl will have access to their shares(for those who bought rights and exercise), they market may wanna correct itself, maybe ppl wanna cut lost and will sell. So i expect price to drop as compared to closing price on 7th June.  but all these are what i expect. May not be true.  if u ask if price will hit $3 flat anytime, i really dunno. But tmr will expect a lower price than today. I will be quite sure (99.99%) sure.  if wrong, i follow ur surname for 1 week 🤓 lingua101      ( Date: 20-May-2020 11:41) Posted: ok.    thats $4.x is the price with rights traded right. I am asking what happen after 21-May.  When there is no more rights is being traded in the market? My thinking the share price should drop technically drop to $3 right?  Otherwise, whoever pay for the rights will just profit from it.
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investshare Supreme	20-May-2020 13:58        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once the right stop trading, whatever price paid for right is sunk cost. Right holder will convert and sell as long as it is above $3. Brace for it.
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newbieliu Elite	20-May-2020 13:54        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is what I mentioned the other day of the loophole in using CFD to short high and can use the converted shares to cover back... i think someone pointed out it cannot be done that way? For CFD, they have to buy from the market to cover back the shorts. If the share price by then is lower than ur shorted price, that meant your value of converted share will probably be similar but definitely still more worth than the mother shares that you shorted by right since there a arbitrage of 14 cents now iamwxd      ( Date: 20-May-2020 13:26) Posted: could we do this way? Looks like 100% win money game. 1. short SIA stock at S$3.6 2. the same time, buy SIA R at 0.44 3. later user opt 2 to cover opt 1. What is the risky?
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newbieliu Elite	20-May-2020 13:46        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still illogical. This was done before the market opens and trading price before open already showing it is at 49 cents only..... It was completed before the market opened today so it was not transacted in open market?  Bennytan23      ( Date: 20-May-2020 13:28) Posted: I think they trying to create fake impression that shares will go up and ppl will bid higher instead of lower price? But tt person wasted loh.. maybe ytd place trade then morning wake up get a shock 😂 gregtan123      ( Date: 20-May-2020 12:57) Posted: i suspect is insider like management sell to T or something
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gregtan123 Supreme	20-May-2020 13:42        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What' s the lowest SIA R will go today or tomorrow? Saying an unrealistic price say 0.25 possible? or 0.20? Those prices. I do want to enter some to convert. Can shorts, BBs, aunties, uncles help? 0.20 +3 = 3.20 SGD I do want to long for either short or ext long term.
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CheeryVGoh Supreme	20-May-2020 13:42        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Thanks for the warning! I might choose just to watch the show all the way, keke! Starship      ( Date: 20-May-2020 13:17) Posted: CheeryVGoh      ( Date: 20-May-2020 13:07) Posted: Yes, you are 100% right, buying the rights now & subsribing is cheaper at the current rights price. Will see if the rights could even cheaper tomorrow, the last day of rights trading.
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Surin888 Senior	20-May-2020 13:41        Surin888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don' t understand why people are still buying mother share now?  Bennytan23      ( Date: 20-May-2020 13:28) Posted: I think they trying to create fake impression that shares will go up and ppl will bid higher instead of lower price? But tt person wasted loh.. maybe ytd place trade then morning wake up get a shock 😂 gregtan123      ( Date: 20-May-2020 12:57) Posted: i suspect is insider like management sell to T or something
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Bennytan23 Senior	20-May-2020 13:28        Bennytan23 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think they trying to create fake impression that shares will go up and ppl will bid higher instead of lower price? But tt person wasted loh.. maybe ytd place trade then morning wake up get a shock 😂 gregtan123      ( Date: 20-May-2020 12:57) Posted: i suspect is insider like management sell to T or something. newbieliu      ( Date: 20-May-2020 12:56) Posted: Can anyone share how come there is 1 deal at 250 lots of 0.622 before market opens? Even if purchase by SGX will be done when market is open? Who is willing to pay so much more to pay the right shares at 0.622 of 250 lots ... compared to 45 cents or even lower just now/??
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iamwxd Member	20-May-2020 13:26        iamwxd About Contact  Quote this Post!
x 0   x 0  Alert Admin	could we do this way? Looks like 100% win money game. 1. short SIA stock at S$3.6 2. the same time, buy SIA R at 0.44 3. later user opt 2 to cover opt 1. What is the risky?
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