Its gd that the price is low these few days bec it means the issue price of the scrip div will be lower. Maybe that explains the sudden drop in the last few minutes
lingua101 ( Date: 25-Aug-2014 18:03) Posted:
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Good computation, close quite close.
katak88 ( Date: 22-Aug-2014 17:25) Posted:
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wah... some one last minute crash it?
hlfoo2010 ( Date: 25-Aug-2014 17:06) Posted:
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good to see price > theoretical price. a small premium is good.
hlfoo2010 ( Date: 25-Aug-2014 17:06) Posted:
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9.99
Shares closed on 22/8 (CA) at $10.41. (ie. 1 for 8 rights @$7.65 and Scrip Div $0.18/shs)
On the ex-date (25/8) next Mon, the theoretical adjusted price (XA) should be 
XA = [($10.41 - $0.18)*8 + $7.65*1 ] / 9   =   $9.943
surefire ( Date: 22-Aug-2014 10:41) Posted:
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Dont forget u need to adjust for the $0.18 div too.
Assuming current price of $10.44 holds, the theoretical ex-div price on Mon will be $10.26. The theoretical ex-rights price will therefore be $9.97. The rights shares are therefore priced at a discount of 23.3% to the theoretical ex-all price which is ok but not fantastic
 
lingua101 ( Date: 19-Aug-2014 17:29) Posted:
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You were too ambitious but still better than me. Seeing the price falling, I actually wanted to get in around 8.
Me waiting for 8.50 as a target entry price.  I was dead sure that the price wld be eventually pushed back.  Haven' t we seen this kind of thing many times before?  Well, it' s happened again.  But for those like me who was too ambitious did not profit from it.
justice ( Date: 22-Aug-2014 07:55) Posted:
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did not muster up enough encourage to go in when the price fell to 9 sigh :)
power up!
interesting.....
but what has it got to do with Ocbc?
http://www.youtube.com/watch?v=ciONZm1zGtw& index=2& list=PLY9pPOudiNmkRT7w4GLWQ4CPDBg2PrL-8
ALS 冰 桶 挑 戰 失 敗 大 集 合
ALS Ice Bucket Challenge Fail Compilation
CAN BE VERY DANGER
Noted with thanks...
Rgds
surefire ( Date: 20-Aug-2014 18:13) Posted:
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Actually u dont need to hv 8 lots. If u hv less, they will just pro-rate yr entitlement
 
Juzztrade ( Date: 20-Aug-2014 16:05) Posted:
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Wait for your letter first...can apply from 1sep to 15 step...so relax..most likely ocbc ATM only..tbc
leolim818 ( Date: 20-Aug-2014 13:01) Posted:
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OCBC has proposed a one-for-eight rights issue at
the price of S$7.65 per rights share. Meaning you must have 8 lot to qualify for one rights.
leolim818 ( Date: 20-Aug-2014 13:01) Posted:
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Hi,
May I know where should I apply the OCBC rights? ATM?
When should I start to apply?
What is the end date of rights application?
Thanks.
will it hit $11 before XA?
 
| aximum number of shares authorised for purchase | 171,866,257 | |||||||||||||||
| Purchase made by way of market acquisition | Yes | |||||||||||||||
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