Koh Eco    Last:0.141    +0.001

Koh Eco - a Promising E&C company

Yeah, I have built up quite a nice position, hence will be subscribing to the rights and getting the warrants.  Looking at the enthusiasm, there might not be cheap rights traded as they come with the warrants.    Based on a price of 9.5 cents, the rights traded at 4 cents may still make it as there is a warrant behind it.  Expect it to be traded at such levels. 
 

Just4win      ( Date: 17-Oct-2017 08:52) Posted: The rights entitlement is no longer available since yesterday. From what I hv understood, warrants are given free to only  those who subscribed to the rights. During the rights trading, if u sell away the rights, u are selling away the warrants On the other way, if u buy the rights, during the rights trading, you will be entitled to the  warrants once u  converted these rights to shares.   TigTig      ( Date: 16-Oct-2017 19:45) Posted: Can I read it that if you buy tomorrow, there is no rights entitlement

 

U are not expecting the trading price to be less than warrants now, right?

There is a window period of 3 years..long enough for the price to  go beyond than the  warrant exerise price.
Otherwise,  yes, can throw  away.    It is free anyway,  if u get it along with the rights.
 

redbull888      ( Date: 17-Oct-2017 12:01) Posted: warrant price higher then trading price...warrant become useless Just4win      ( Date: 17-Oct-2017 08:52) Posted: The rights entitlement is no longer available since yesterday. From what I hv understood, warrants are given free to only  those who subscribed to the rights. During the rights trading, if u sell away the rights, u are selling away the warrants On the other way, if u buy the rights, during the rights trading, you will be entitled to the  warrants once u  converted these rights to shares.

 

warrant price higher then trading price...warrant become useless

Just4win      ( Date: 17-Oct-2017 08:52) Posted: The rights entitlement is no longer available since yesterday. From what I hv understood, warrants are given free to only  those who subscribed to the rights. During the rights trading, if u sell away the rights, u are selling away the warrants On the other way, if u buy the rights, during the rights trading, you will be entitled to the  warrants once u  converted these rights to shares.   TigTig      ( Date: 16-Oct-2017 19:45) Posted: Can I read it that if you buy tomorrow, there is no rights entitlement

 

The rights entitlement is no longer available since yesterday.
From what I hv understood, warrants are given free to only  those who subscribed to the rights.
During the rights trading, if u sell away the rights, u are selling away the warrants
On the other way, if u buy the rights, during the rights trading, you will be entitled to the  warrants once u  converted these rights to shares.
 

TigTig      ( Date: 16-Oct-2017 19:45) Posted: Can I read it that if you buy tomorrow, there is no rights entitlement? TigTig      ( Date: 16-Oct-2017 19:44) Posted: SGX FILING &ldquo Entitled Depositors&rdquo are Shareholders whose securities accounts with The Central Depository (Pte) Limited (&ldquo CDP&rdquo ) are credited with Shares as at 5.00 p.m. (Singapore time) on the Books Closure Date, provided that such Entitled Depositors have registered addresses in Singapore with CDP as at the Books Closure Date or if they have registered addresses outside Singapore, they have provided CDP, at 11 North Buona Vista Drive, #06-07 The Metropolis Tower 2, Singapore 139589, with a registered address in Singapore no later than 5.00 p.m. (Singapore time) on the date being three (3) Market Days (being a day on which the SGX-ST is open for trading in securities) prior to the Books Closure Date " Notice is hereby given that the register of members and the share transfer books of the Company will be closed at 5.00 p.m. (Singapore time) on 19 October 2017 (the &ldquo Books Closure Date&rdquo ) for the purpose of determining the provisional allotments of Rights Shares of Entitled Shareholders (being Entitled Depositors and Entitled Scripholders) under the Proposed Rights Issue."

 

thanks!!!!

juxcyme      ( Date: 17-Oct-2017 00:19) Posted: I called SGX in the noon to ask about the procedure for the rights. They will be sending physical mail to your CDP registered address on 24th. Hope I throw some light to the current situation.

 

Hey, thanks.  Relieved to hear that. 
 

juxcyme      ( Date: 17-Oct-2017 00:19) Posted: I called SGX in the noon to ask about the procedure for the rights. They will be sending physical mail to your CDP registered address on 24th. Hope I throw some light to the current situation.

 

I called SGX in the noon to ask about the procedure for the rights. They will be sending physical mail to your CDP registered address on 24th.
Hope I throw some light to the current situation. 

 

Correction.  I just checked today' s price chart.  At the start at 9 am, the system adjusted the price down to 9.5 cents, which is below 9.8.  Hence the warrants are not free.  It' s just that investors bought shares at higher prices.
 

 

What I mean is that today' s price of 0.098 is close to the rights adjustment (it' s actually 0.0985).  Hence the warrants are literally given free to those who are entittled to the rights. 

The SGX filing also said they will allocate the rights provisionally to all who are entitled, but not sure of the exact procedure as to how they can get us to subscribe.   

TigTig      ( Date: 16-Oct-2017 19:47) Posted: If so, the price is adjusted for the rights & warrants.    Actually the warrants have no effect if you do the calculation I did before.  TigTig      ( Date: 16-Oct-2017 19:45) Posted: Can I read it that if you buy tomorrow, there is no rights entitlement

 

If so, the price is adjusted for the rights & warrants.    Actually the warrants have no effect if you do the calculation I did before. 

TigTig      ( Date: 16-Oct-2017 19:45) Posted: Can I read it that if you buy tomorrow, there is no rights entitlement? TigTig      ( Date: 16-Oct-2017 19:44) Posted: SGX FILING &ldquo Entitled Depositors&rdquo are Shareholders whose securities accounts with The Central Depository (Pte) Limited (&ldquo CDP&rdquo ) are credited with Shares as at 5.00 p.m. (Singapore time) on the Books Closure Date, provided that such Entitled Depositors have registered addresses in Singapore with CDP as at the Books Closure Date or if they have registered addresses outside Singapore, they have provided CDP, at 11 North Buona Vista Drive, #06-07 The Metropolis Tower 2, Singapore 139589, with a registered address in Singapore no later than 5.00 p.m. (Singapore time) on the date being three (3) Market Days (being a day on which the SGX-ST is open for trading in securities) prior to the Books Closure Date " Notice is hereby given that the register of members and the share transfer books of the Company will be closed at 5.00 p.m. (Singapore time) on 19 October 2017 (the &ldquo Books Closure Date&rdquo ) for the purpose of determining the provisional allotments of Rights Shares of Entitled Shareholders (being Entitled Depositors and Entitled Scripholders) under the Proposed Rights Issue."

 

Can I read it that if you buy tomorrow, there is no rights entitlement?

TigTig      ( Date: 16-Oct-2017 19:44) Posted: SGX FILING &ldquo Entitled Depositors&rdquo are Shareholders whose securities accounts with The Central Depository (Pte) Limited (&ldquo CDP&rdquo ) are credited with Shares as at 5.00 p.m. (Singapore time) on the Books Closure Date, provided that such Entitled Depositors have registered addresses in Singapore with CDP as at the Books Closure Date or if they have registered addresses outside Singapore, they have provided CDP, at 11 North Buona Vista Drive, #06-07 The Metropolis Tower 2, Singapore 139589, with a registered address in Singapore no later than 5.00 p.m. (Singapore time) on the date being three (3) Market Days (being a day on which the SGX-ST is open for trading in securities) prior to the Books Closure Date " Notice is hereby given that the register of members and the share transfer books of the Company will be closed at 5.00 p.m. (Singapore time) on 19 October 2017 (the &ldquo Books Closure Date&rdquo ) for the purpose of determining the provisional allotments of Rights Shares of Entitled Shareholders (being Entitled Depositors and Entitled Scripholders) under the Proposed Rights Issue."

 

SGX FILING
&ldquo Entitled Depositors&rdquo are Shareholders whose securities accounts with The Central Depository (Pte) Limited (&ldquo CDP&rdquo ) are credited with Shares as at 5.00 p.m. (Singapore time) on the Books Closure Date, provided that such Entitled Depositors have registered addresses in Singapore with CDP as at the Books Closure Date or if they have registered addresses outside Singapore, they have provided CDP, at 11 North Buona Vista Drive, #06-07 The Metropolis Tower 2, Singapore 139589, with a registered address in Singapore no later than 5.00 p.m. (Singapore time) on the date being three (3) Market Days (being a day on which the SGX-ST is open for trading in securities) prior to the Books Closure Date

" Notice is hereby given that the register of members and the share transfer books of the Company will be closed at 5.00 p.m. (Singapore time) on 19 October 2017 (the &ldquo Books Closure Date&rdquo ) for the purpose of determining the provisional allotments of Rights Shares of Entitled Shareholders (being Entitled Depositors and Entitled Scripholders) under the Proposed Rights Issue."  

 

Usually they will post it in sgx announcement for all the key dates, apparently, this is not published there.

redbull888      ( Date: 16-Oct-2017 10:38) Posted: im waiting too they send by mails or email?? ahhuat08      ( Date: 16-Oct-2017 10:15) Posted: Anyone knows the timeline for the rights issue, search thru sgx announcemnt, cannot find it. Thanks in advance

 

im waiting too

they send by mails or email??

ahhuat08      ( Date: 16-Oct-2017 10:15) Posted: Anyone knows the timeline for the rights issue, search thru sgx announcemnt, cannot find it. Thanks in advance

 

Anyone knows the timeline for the rights issue, search thru sgx announcemnt, cannot find it.

Thanks in advance

 

Expected to drop during ex lah
Theoretically, at 0.116 closing last fri,  it shd drops below 0.099

redbull888      ( Date: 16-Oct-2017 08:48) Posted: 0.098 liao... redbull888      ( Date: 13-Oct-2017 16:17) Posted: que @ 0.116

 

0.098 liao...

redbull888      ( Date: 13-Oct-2017 16:17) Posted: que @ 0.116? Just4win      ( Date: 13-Oct-2017 11:12) Posted: I am thinking of loading some today... cos of the warrant sweeteners. But price still quite firm at 117

 

que @ 0.116?

Just4win      ( Date: 13-Oct-2017 11:12) Posted: I am thinking of loading some today... cos of the warrant sweeteners. But price still quite firm at 117   lifeisgood      ( Date: 13-Oct-2017 11:01) Posted: In the past, with other rights issues, I observed people tend to sell down towards ex rights, and then the theoretical breakeven price will drift lower as people start selling more mother shares, so as to subscribe for excess rights. And after the rights shares started trading, may get worse as people try to sell the cheap rights shares to lock in profit. The verdict is still out for this one. I personally would sell some mother shares after ex rights and hope to subscribe for excess rights.

 

I am thinking of loading some today... cos of the warrant sweeteners.
But price still quite firm at 117
 

lifeisgood      ( Date: 13-Oct-2017 11:01) Posted: In the past, with other rights issues, I observed people tend to sell down towards ex rights, and then the theoretical breakeven price will drift lower as people start selling more mother shares, so as to subscribe for excess rights. And after the rights shares started trading, may get worse as people try to sell the cheap rights shares to lock in profit. The verdict is still out for this one. I personally would sell some mother shares after ex rights and hope to subscribe for excess rights.  Just4win      ( Date: 13-Oct-2017 10:45) Posted: TT, yr calculation is correct, theoretically, for shares with rights announcement. However, with the added warrants, those who enter after ex-rights will lose the warrant sweetener . Hence, I  think,   theoretical ex-price shd be lower than 10.1 cents . On the other hand, market may be irrational.. we may see a better ex-price, if market view great potential in this counter. Anyway, today is the last trading day.. for those who wants to get the rights and warants..

 

In the past, with other rights issues, I observed people tend to sell down towards ex rights, and then the theoretical breakeven price will drift lower as people start selling more mother shares, so as to subscribe for excess rights. And after the rights shares started trading, may get worse as people try to sell the cheap rights shares to lock in profit. The verdict is still out for this one. I personally would sell some mother shares after ex rights and hope to subscribe for excess rights. 

Just4win      ( Date: 13-Oct-2017 10:45) Posted: TT, yr calculation is correct, theoretically, for shares with rights announcement. However, with the added warrants, those who enter after ex-rights will lose the warrant sweetener . Hence, I  think,   theoretical ex-price shd be lower than 10.1 cents . On the other hand, market may be irrational.. we may see a better ex-price, if market view great potential in this counter. Anyway, today is the last trading day.. for those who wants to get the rights and warants..   TigTig      ( Date: 13-Oct-2017 00:11) Posted: However, on ex-rights, the shareholder who buys the share will do so without the rights or warrants.  Therefore, ex-rights price should reflect that loss of the entitlement, and would be lower than the day before (last cum rights).  The calculation I lifted from somewhere, not sure if it is correct, but it seems logical.  What I did was add the rights and shares (12c x 5)+(5.5c x 2) and divide it by no of shares which is 7 (5+2), assuming 12 cents is the last price just before ex-rights.    This gives 10.1 cents.      And if the last price before ex rights is 15 cents, the price on ex-rights day would be 12.2 cents.  If the calculation is correct, it will dispel fears that price would drop a lot on ex-rights day, on the contrary it doesn' t since buying before ex-rights has that extra entitlement, and buying on ex-rights day would be shares without the sweet entitlement (hence the price reflects the loss of that entitlement).