Seatrium    Last:0.091   -

Sembcorp marine rights - advice

They tried to attack 86 with 45mio vol but it keep topping up..waah..such e strong support

 

I was wondering if you were referring to the value. Unfortunately IMHO this is moot.
When the rights were announced, SCM was trading at ~19.5. Then the TERP was around 12.4 or 12.6. As you can see these are just theoretical numbers. Normally they wouldn' t hold any water.
In fact I would take this 8.x now as the norm. Whatever changes it makes will be due to the daily trading. However, it would be interesting come 22Sep when the 18b new shares are injected into the market.
 

maxzsim77      ( Date: 07-Sep-2021 07:59) Posted: Hi, noted that no of shares remains the same however, what is the likely value of the stock ? And is there a formula to work out the new stock price ? Regards Maxz bystander1965      ( Date: 02-Sep-2021 21:34) Posted: 5000 still It's the value that's diluted

 

Best time now to buy!

Ah gong power this up !

 

UOBKH has a buy call in today straits times, can it be trusted.....DYODD 

 

Hi, noted that no of shares remains the same however, what is the likely value of the stock ? And is there a formula to work out the new stock price ? Regards Maxz

bystander1965      ( Date: 02-Sep-2021 21:34) Posted: 5000 still It's the value that's diluted. maxzsim77      ( Date: 02-Sep-2021 21:16) Posted: Ok, but what will the dilution be after this rights exercise using the current hold of 5k shares and assuming I am not going to subscribe to the rights ?

 

Thank you all. Not goin* to dump more money into This rotten ship anymore 

 

Yes, you may sell it. The last day for trading is on 08Sep2021. The rights are now traded at $0.002. So just ensure that whatever you sell is more than sufficient to pay all the fees or you may end up paying more money instead of receiving the proceeds. In this scenario, just let the rights lapse.

yehyeh      ( Date: 03-Sep-2021 08:14) Posted: Hi to ask. I am entitled to semb marine right . And if I no intend to subscribe the right,  I can go and sell away all my right ?  thank . first time trading this right issue

 

If selling your rights can cover commission, just sell b4 8th Sept

yehyeh      ( Date: 03-Sep-2021 08:14) Posted: Hi to ask. I am entitled to semb marine right . And if I no intend to subscribe the right,  I can go and sell away all my right ?  thank . first time trading this right issue

 

Hi to ask. I am entitled to semb marine right . And if I no intend to subscribe the right, 
I can go and sell away all my right ? 

thank .

first time trading this right issue 

 

Good Closing.

Tomorrow continue go up

 

5000 still It's the value that's diluted.

maxzsim77      ( Date: 02-Sep-2021 21:16) Posted: Ok, but what will the dilution be after this rights exercise using the current hold of 5k shares and assuming I am not going to subscribe to the rights ?

 

Ok, but what will the dilution be after this rights exercise using the current hold of 5k shares and assuming I am not going to subscribe to the rights ?

 

Holding so well , not easy to break below 8 cts .

 

Many tks for your replies. On #1 - how much will my shares be diluted ? For example I hold 5k, it will be 5k * 2 / 3 i.e per the 2 shares for 3 rights calculation ? Regards Maxz

 

1)  Aiyo, of course diluted la.
2)  Buy rights is give u permission to subscribe share at 8 cents each only.
 

maxzsim77      ( Date: 01-Sep-2021 15:30) Posted: Hi, pls advise 1 - what happen if I don' t subscribe to the allocated rights ? Will my existing shares becomes diluted ? 2 - I am seeing the rights counter on sgx, so if I buy 10k on 0.002 I will have 10k shares or I need to 10k * 0.008 (rights price) to own them as shares ? Appreciate ur advice regards maxz

 

Hi,

pls advise

1 - what happen if I don' t subscribe to the allocated rights ? Will my existing shares becomes diluted ?

2 - I am seeing the rights counter on sgx, so if I buy 10k on 0.002 I will have 10k shares or I need to 10k * 0.008 (rights price) to own them as shares ?

Appreciate ur advice

regards
maxz