Hihi morning all may i know this counter still worth to buy more shares after the rights issue please? Any kind souls can kindly advise and if vested can kindly share how many shares you hold in this counter? Thanks!
Yes, less than a qtr taken up.
It were those who applied for excess rights that pushed up the percentage.
Who are they? Why so confident? Insider news?
It were those who applied for excess rights that pushed up the percentage.
Who are they? Why so confident? Insider news?
Contrarian92 ( Date: 23-Jun-2020 11:17) Posted:
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Should read in context.
" Valid acceptances made up 23.2 per cent or 83.7 million units of the total number of rights units available under the issue, while excess applications took up 108.2 per cent or 391 million units."
" Valid acceptances made up 23.2 per cent or 83.7 million units of the total number of rights units available under the issue, while excess applications took up 108.2 per cent or 391 million units."
Wow, what a surprising news.
Thought most retail investors would have given up their Rights.
Asian Pay Television Trust rights issue 1.3 times subscribed
TUE, JUN 23, 2020 - 8:43 AM
PAY TV firm Asian Pay Television Trust' s (APTT) trustee-manager on Monday said it has received 474.7 million valid acceptances and excess applications for its proposed 1-for-4 rights issue, 1.3 times the total number of 361.3 million rights units offered.
This includes acceptances and excess applications by undertaking unitholders for all 361.3 million rights units available under the rights issue, according to the irrevocable undertakings.
Valid acceptances made up 23.2 per cent or 83.7 million units of the total number of rights units available under the issue, while excess applications took up 108.2 per cent or 391 million units.
https://www.businesstimes.com.sg/companies-markets/asian-pay-television-trust-rights-issue-13-times-subscribed
Thought most retail investors would have given up their Rights.
Asian Pay Television Trust rights issue 1.3 times subscribed
TUE, JUN 23, 2020 - 8:43 AM
PAY TV firm Asian Pay Television Trust' s (APTT) trustee-manager on Monday said it has received 474.7 million valid acceptances and excess applications for its proposed 1-for-4 rights issue, 1.3 times the total number of 361.3 million rights units offered.
This includes acceptances and excess applications by undertaking unitholders for all 361.3 million rights units available under the rights issue, according to the irrevocable undertakings.
Valid acceptances made up 23.2 per cent or 83.7 million units of the total number of rights units available under the issue, while excess applications took up 108.2 per cent or 391 million units.
https://www.businesstimes.com.sg/companies-markets/asian-pay-television-trust-rights-issue-13-times-subscribed
Finally going to make its moves. Rights issue over. The Taiwanese likely to emerge as new substantial shareholders.
I expect this counter to trend a lot higher from here. 50% retracement back to $0.15 first.
I expect this counter to trend a lot higher from here. 50% retracement back to $0.15 first.
Confirmed
Cadence88 ( Date: 18-Jun-2020 13:40) Posted:
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Commission may be higher than the proceed.
pkli899 ( Date: 15-Jun-2020 09:30) Posted:
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Too late already, last day of rights trading was 12 June.
Anyway, no buying interest except for the first couple of days.
Anyway, no buying interest except for the first couple of days.
LM1234 ( Date: 14-Jun-2020 02:28) Posted:
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Hi all, need help.
me first time dealing with rights issues. If i dun want to buy the rights, can sell them? How do i sell them?
Not a holder.
But, there is huge risk associated in investing in such a company.
To each his own.
Hihi all anyone can kindly give any advice please?
Hihi thanks for your valuable advice so from your vast experience need how long before the trust will show some results so the share price will slowly increase please?
pkli899 ( Date: 09-Jun-2020 10:44) Posted:
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Thank you
pkli899 ( Date: 09-Jun-2020 10:28) Posted:
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Simple, the confidence is not there.
Though the management is doing the right things,
it need to translate into results before they can gain back confidence.
Time is needed, not near term or mid term, long term.
Is a bet for us, if believe them, just hold.
If not, dun borther about the rights issue, cut lost and move on.
Though the management is doing the right things,
it need to translate into results before they can gain back confidence.
Time is needed, not near term or mid term, long term.
Is a bet for us, if believe them, just hold.
If not, dun borther about the rights issue, cut lost and move on.
Brianfoo ( Date: 09-Jun-2020 09:16) Posted:
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50 - 50 lor.
I' m holding on till last miute before I subscribe.
If go lower like .126 or less, I buy in the market....cheaper.
I' m holding on till last miute before I subscribe.
If go lower like .126 or less, I buy in the market....cheaper.
cobrajr ( Date: 08-Jun-2020 20:44) Posted:
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Hihi morning all Asian pay TV trust share price instead of going up go down instead any comments please? What's wrong with this trust? Price can't seem to break the 20 cents mark at all.
Current Price $0.127 - $0.128
Right also $0.128, How ah?
Right also $0.128, How ah?
Both same same...by ATM is 9.30 pm 18 June.
12.8 cents.
12.8 cents.
Starship ( Date: 07-Jun-2020 22:43) Posted:
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Hihi all may I know why this asia pay TV trust drop again so fast from 0.13 to 0.128? Really disappointed in it.
- Last date for application of Right(thru' ATM) : 18 Jun 9.30pm
Is the above referring to application of excess rights?
When is the conversion of the rights to shares?
Tks.
Is the above referring to application of excess rights?
When is the conversion of the rights to shares?
Tks.
Farmer ( Date: 05-Jun-2020 12:49) Posted:
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