Koh Eco    Last:0.141    +0.001

Koh Eco - a Promising E&C company

If I am not wrong, the warrant period is 3years.

 

redbull888      ( Date: 13-Oct-2017 10:44) Posted: wow...means its good lor...tks tks Just4win      ( Date: 13-Oct-2017 10:38) Posted: Warrants is your entitlement for you to convert into Koh Eco (KE) shares, by paying 10 cents ea. Can' t recall what is the warrant period.. say within this period if KE share has increased to 15 cents, and if u choose to exercise the warrants then, u need to just pay 10 cents. Or u may just sell away the warrant itself, which, theoretically, shd be trading at 5 cents then. However, if ( touch wood), KE share is trading at less than 10 cents, say 8cents, then it makes no sense to convert. So u can just let the warrant expire ( at no cost to you), or if there is trading value for the warrant ( who knows), u can just sell away the warrant to get some $ out. This is my first time dealing with warrants...lol.. previously, just let my warrant expires..

 

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).    TigTig      ( Date: 12-Oct-2017 23:19) Posted: The rights price is 5.5 cents.    Cum-rights is the daily quoted price of the mother share.    Which is the current price 11.8 cents.    Tomorrow it could be 12 cents, or 15 cents.  If you hold these shares until book close, you qualify for the rights and the warrants.

 

wow...means its good lor...tks tks

Just4win      ( Date: 13-Oct-2017 10:38) Posted: Warrants is your entitlement for you to convert into Koh Eco (KE) shares, by paying 10 cents ea. Can' t recall what is the warrant period.. say within this period if KE share has increased to 15 cents, and if u choose to exercise the warrants then, u need to just pay 10 cents. Or u may just sell away the warrant itself, which, theoretically, shd be trading at 5 cents then. However, if ( touch wood), KE share is trading at less than 10 cents, say 8cents, then it makes no sense to convert. So u can just let the warrant expire ( at no cost to you), or if there is trading value for the warrant ( who knows), u can just sell away the warrant to get some $ out. This is my first time dealing with warrants...lol.. previously, just let my warrant expires..   redbull888      ( Date: 13-Oct-2017 09:55) Posted: sorry, i blur liao... whats the warrant for

 

Warrants is your entitlement for you to convert into Koh Eco (KE) shares, by paying 10 cents ea.
Can' t recall what is the warrant period.. say within this period if KE share has increased to 15 cents, and if u choose to exercise the warrants then, u need to just pay 10 cents. Or u may just sell away the warrant itself, which, theoretically, shd be trading at 5 cents then.

However, if ( touch wood), KE share is trading at less than 10 cents, say 8cents, then it makes no sense to convert. So u can just let the warrant expire ( at no cost to you), or if there is trading value for the warrant ( who knows), u can just sell away the warrant to get some $ out.

This is my first time dealing with warrants...lol.. previously, just let my warrant expires..
 

redbull888      ( Date: 13-Oct-2017 09:55) Posted: sorry, i blur liao... whats the warrant for? 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).

 

sorry, i blur liao...

whats the warrant for?

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).    TigTig      ( Date: 12-Oct-2017 23:19) Posted: The rights price is 5.5 cents.    Cum-rights is the daily quoted price of the mother share.    Which is the current price 11.8 cents.    Tomorrow it could be 12 cents, or 15 cents.  If you hold these shares until book close, you qualify for the rights and the warrants.

 

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).   

TigTig      ( Date: 12-Oct-2017 23:19) Posted: The rights price is 5.5 cents.    Cum-rights is the daily quoted price of the mother share.    Which is the current price 11.8 cents.    Tomorrow it could be 12 cents, or 15 cents.  If you hold these shares until book close, you qualify for the rights and the warrants.    redbull888      ( Date: 12-Oct-2017 21:19) Posted: CR @ $0.55......did i miss out anything

 

The rights price is 5.5 cents.   
Cum-rights is the daily quoted price of the mother share.    Which is the current price 11.8 cents.    Tomorrow it could be 12 cents, or 15 cents.  If you hold these shares until book close, you qualify for the rights and the warrants. 
 

redbull888      ( Date: 12-Oct-2017 21:19) Posted: CR @ $0.55......did i miss out anything? TigTig      ( Date: 12-Oct-2017 17:17) Posted: If last cum-rights price goes to 15 cents, ex-right would 12.3cents? Which means the warrants would yield profit of 2.1 cents? Is this how the expexted price works?

 

i mean $0.055

 

CR @ $0.55......did i miss out anything?

TigTig      ( Date: 12-Oct-2017 17:17) Posted: If last cum-rights price goes to 15 cents, ex-right would 12.3cents? Which means the warrants would yield profit of 2.1 cents? Is this how the expexted price works?

 

If last cum-rights price goes to 15 cents, ex-right would 12.3cents? Which means the warrants would yield profit of 2.1 cents? Is this how the expexted price works?

 

Strong support shown today. Should carry on tomorrow, 12 cents would be easily achieved. Shows investors are supportive of the fund raising. If price is at 12 on 18 Oct closing, ex rights on 19 would be 10.1 cents? Correct me if I am wrong?

 

Price is moving up again, there' s buying up at 11.8 cents.    Watch the big buyer who is now at 11.5 cents, if there is no abating of price, there could be a bid for 12 cents and up. 
This stock has gone crazy, now become the most wanted stock.   
Anyone can elaborate on the ex-rights price?    Would the closing price at 18 Oct be used?      If so, with such demand, plus the fact that the warrants strike price is 10 cents, I really doubt there would be much rights for trading, or even if people sell their rights it would be at a high price.    Only my thoughts.   

 

So the chng kays looted one round yesterday. They pulled a fast one. Hope nobody here get caught. I was watching with bemusement why run up after rights were finalised. 

Just4win      ( Date: 11-Oct-2017 13:58) Posted: Good observation, and thanks for sharing Lifeisgood. Yes, was wondering why sudden up yesterday when usually price will drop once right is announced. I sold away part of my holdings at 123 yesterday, and bou back before close... shd hv waited today to get more profits. Anyway, shd not be too greedy. I am waiting to see how the trading of rights will perform.  lifeisgood      ( Date: 11-Oct-2017 13:09) Posted: Yesterday strong run up towards 4 pm to 12.4 cents. Then came down shareply with players throwing big across 2 bids down. Seems like arbitragers at work, selling the more expensive mother shares and subsrcibe to double the number of cheaper rights (including excess if can get). Current market price still higher than the theoretical ex-rights price of around 9 cents, so I think those who chase to buy this share at current price has to be very careful. Just an observation. Vested, but not adding anymore at this level.

 

Good observation, and thanks for sharing Lifeisgood.
Yes, was wondering why sudden up yesterday when usually price will drop once right is announced.
I sold away part of my holdings at 123 yesterday, and bou back before close... shd hv waited today to get more profits. Anyway, shd not be too greedy.
I am waiting to see how the trading of rights will perform. 

lifeisgood      ( Date: 11-Oct-2017 13:09) Posted: Yesterday strong run up towards 4 pm to 12.4 cents. Then came down shareply with players throwing big across 2 bids down. Seems like arbitragers at work, selling the more expensive mother shares and subsrcibe to double the number of cheaper rights (including excess if can get). Current market price still higher than the theoretical ex-rights price of around 9 cents, so I think those who chase to buy this share at current price has to be very careful. Just an observation. Vested, but not adding anymore at this level.

 

Yesterday strong run up towards 4 pm to 12.4 cents. Then came down shareply with players throwing big across 2 bids down. Seems like arbitragers at work, selling the more expensive mother shares and subsrcibe to double the number of cheaper rights (including excess if can get). Current market price still higher than the theoretical ex-rights price of around 9 cents, so I think those who chase to buy this share at current price has to be very careful. Just an observation. Vested, but not adding anymore at this level. 

 

Yes, I normally do not like it.  But this co is somehow different.. Warrant is an attraction to me

Battle123      ( Date: 11-Oct-2017 12:22) Posted: Normally I dun really like rights or warrant s Now sideline Not vested but if got lower price might consider

 

Thanks TigTig.
Yes, good mgmt .. releases the rights annoucements, after the recent few contract won.  This is really good planning.
With the recent rise in share price, will expect good subscribtion rate

TigTig      ( Date: 11-Oct-2017 12:05) Posted: SGX FILINGS " Based on the Company&rsquo s issued and paid-up share capital of 747,554,207 Shares as at the date of this announcement, the Company will issue up to 299,021,682 Rights Shares with 299,021,682 Warrants. " Expect most will take up the rights, and may not have much to trade.    Even those in the market will probably be priced high.    Do your sums, buy now or later, it' s up to you.  TigTig      ( Date: 11-Oct-2017 12:00) Posted: It should be 2,000 warrants for 2000 rights.  The price has run up, so the rights has become very attractive.

 

Normally I dun really like rights or warrant s

Now sideline

Not vested but if got lower price might consider

 

SGX FILINGS
" Based on the Company&rsquo s issued and paid-up share capital of 747,554,207 Shares as at the date of this announcement, the Company will issue up to 299,021,682 Rights Shares with 299,021,682 Warrants. "

Expect most will take up the rights, and may not have much to trade.    Even those in the market will probably be priced high.    Do your sums, buy now or later, it' s up to you. 

TigTig      ( Date: 11-Oct-2017 12:00) Posted: It should be 2,000 warrants for 2000 rights.  The price has run up, so the rights has become very attractive.      Just4win      ( Date: 11-Oct-2017 11:48) Posted: Sorry,  warrant is given for each holding Koh Eco share, or each right entitement arh ? That is, if I hv 5000 Koh Eco shares now, will hv got to hv 5000 or 2000 warrants when I sub to the rights ? Any who knows ?

 

It should be 2,000 warrants for 2000 rights. 
The price has run up, so the rights has become very attractive.   
 

Just4win      ( Date: 11-Oct-2017 11:48) Posted: Sorry,  warrant is given for each holding Koh Eco share, or each right entitement arh ? That is, if I hv 5000 Koh Eco shares now, will hv got to hv 5000 or 2000 warrants when I sub to the rights ? Any who knows ?    Upz123      ( Date: 31-May-2017 18:07) Posted: Rights issue : 2 rights for every 5 shares at $0.055+ a free detachable warrant. Say if you hv 5000 shares of Koh Eco now. U are entitled to hv 2000 of rights + 5000 warrants. For the rights , u can :- 1. Exercise the rights to convert it into shares, at a cost of $0.055/ share. Hence, if u want to convert all the 2000 rights  into shares, u need to pay 2000*$0.055=$110.  Your total holdings will be 7000 shares , after the right exercise. . 2. U can sell your rights ( nil-rights ) during right trading ( watch out for the dates to be announced later). It typically has a value, and if u sell away, u can get some $ back.  Your total share holding remained as 5000 shares, after the right exercise. 3. U can choose not to do anything. In this case, your right will just expire , with u getting nothing.  Share holding remained at 5000 shares. It is wiser to do either opt 1 or 2... unless your holding is so small that u can choose to ignore this right exercise since the $ impact is not a lot.