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 Stock Market V37: Return of the Bull, Part V, Bull vs. Bear

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protonw
post Aug 14 2009, 09:47 AM

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Pana, why you want to buy Bjtoto today huh? Something up that I dont know, care to share? icon_rolleyes.gif
protonw
post Aug 14 2009, 09:55 AM

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QUOTE(Joy~ @ Aug 14 2009, 09:52 AM)
BJTOTO gives how many times of dividends in a year? When is the next time dividend giving?
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Normally it gives 4 times a year with announcement on March/June/Sep/ Dec


protonw
post Aug 14 2009, 05:17 PM

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QUOTE(lklatmy @ Aug 14 2009, 05:13 PM)
It's loan stock.meaning company borrow from you,pay you interest,on maturity,the loan stock will be converted into shares at predetermined conversion ratio,in this case,the conversion ratio has not been announced yet.
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Is this type of arrangement good or bad for investors? Care to elaborate, Mr remiser. notworthy.gif


protonw
post Aug 14 2009, 10:19 PM

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QUOTE(danmooncake @ Aug 14 2009, 10:12 PM)
Let hope Red Army continues to raid and kill.. till end of the day.

Come next week, it is going to be UGLY for Bulls but great for Bears!!  rclxm9.gif
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So here comes the BIG correction rclxub.gif

protonw
post Aug 15 2009, 05:13 PM

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QUOTE(lklatmy @ Aug 14 2009, 11:23 PM)
protonnw,Taikor already answer your question.

ICULS price does move in line with the price of the mother shares.For example,an ICULS that is convertible into mother shares on a two
ICULS to one mother share basis should in theory,worth 50sen if the mother share trades at RM1.In reality,the price of the ICULS may be 48 sen or even 52 sen.(case in point:BJgrp and it's ICULS)

Some ICULS can be converted to mother share any time during the tenure of the ICULS,some can only be converted at maturity,the later normally trades at a slight discount to it's intrincit value to reflect the carrying cost and the additional risk of mother share price falling.

In the case of Scomi,I remember reading that the conversion ratio will be fixed at 30% discount to the five day volume weighted closing price(correct me if I'm wrong).If this is correct,then the ICULS should be worth 13 sen as compare to the issue price of 10sen(or RM1.30 as compare to the issue price of RM1)PROVIDED the ICULS can be converted anytime.
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notworthy.gif Will follow up cos my maybank support said it has to wait for the approval and there are something that is not confirm. So will KIV. Thanks and not forgeting taikor. notworthy.gif

But how much do we need to pay? hmm.gif

This post has been edited by protonw: Aug 15 2009, 05:17 PM
protonw
post Aug 17 2009, 09:56 AM

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Morning all,

Ai yah, red sea. Going further down? buy buy buy! LOL


protonw
post Aug 17 2009, 02:42 PM

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QUOTE(panasonic88 @ Aug 17 2009, 11:47 AM)
2771    BSTEAD    BOUSTEAD HOLDINGS BHD 
RI - 2 Rights Shares : 5 Existing Shares 

Entitlement Details:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 260,412,729 NEW ORDINARY SHARES OF RM0.50 EACH IN BOUSTEAD HOLDINGS BERHAD ("BHB") (BHB SHARES) (RIGHTS SHARES) AT AN ISSUE PRICE OF RM2.80 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY FIVE (5) EXISTING BHB SHARES HELD AT 5.00 P.M. ON 17 AUGUST 2009 ("RIGHTS ISSUE")

Entitlement Type: Rights Issue
Entitlement Date and Time: 17/08/2009  05:00 PM
Year Ending/Period Ending/Ended Date:  
EX Date: 13/08/2009
To SCANS Date:  
Payment Date: 09/09/2009

What would happen on Boustead price on tomorrow?
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The price already adjustment last Friday, bukan? Closed rm4.00 on Thursday and openned rm3.76 on Friday.

Are you telling me there is another adjustment tongue.gif

I was told there is Bstead-OR out tomorow if not mistaken. You can buy and convert to rights by paying rm2.80. Will see tomorrow.



This post has been edited by protonw: Aug 17 2009, 02:45 PM
protonw
post Aug 17 2009, 02:49 PM

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QUOTE(espree @ Aug 17 2009, 02:45 PM)
TM still green.
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Thats is why we said, when all counters red, this guy will be super green. laugh.gif


protonw
post Aug 17 2009, 02:50 PM

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QUOTE(panasonic88 @ Aug 17 2009, 02:45 PM)
haha no more price adjustment on the mothershare.

just that i'm curious on the Bstead-OR price, how are they going to tag it.
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Should be difference between mother share with rights RM2.80. If mother share close rm 3.70, then OR will be rm3.70-rm2.80. Something like that......

hmm.gif
protonw
post Aug 17 2009, 03:19 PM

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QUOTE(espree @ Aug 17 2009, 03:17 PM)
genting break RM6 liow drool.gif
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rclxm9.gif somemore down.... Thats what I want. hehehe
drool.gif


protonw
post Aug 17 2009, 03:49 PM

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QUOTE(Mikiyo @ Aug 17 2009, 03:46 PM)
on 2nd thought..mayb better if i stay sideline first =) europe still down..
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Down future -114. I think I will wait till tomorrow.



protonw
post Aug 17 2009, 04:09 PM

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QUOTE(panasonic88 @ Aug 17 2009, 04:04 PM)
you still have tomorrow, why rush.
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Last time when I see price down, my hand so itchy and buy.

Today, I am waiting for tomorrow. May get better bargain, may say bye.gif bye.gif bye.gif LOL




protonw
post Aug 17 2009, 04:11 PM

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DJ future -142 de!.. So tomorrow is a better choice i think. I have standby by bullets. drool.gif


protonw
post Aug 17 2009, 04:15 PM

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QUOTE(panasonic88 @ Aug 17 2009, 04:11 PM)
yaya that's the ironic part.

therefore, to avoid missing boat, one could buy small sum today, if tomolo super mega sales, atleast you still have ample of bullets to shoot for the remaining.

best still, if market rebound on tomolo, you are on the boat (safely) already.
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You are absolutely right. Board for small quantity and more if drop further. Come, shoot!!!

which counter better, so many are attractive. RCE? BJtoto. Pantech, Sealink. Alam, Uchitec or YTLP..... hmm.gif


protonw
post Aug 17 2009, 04:42 PM

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CI going to hit -20....
protonw
post Aug 17 2009, 04:54 PM

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QUOTE(cks @ Aug 17 2009, 04:52 PM)
manage to get seasink at 0.750.. ==
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I want it lower tomorrow. Bullets ready, shoot shooooot................


protonw
post Aug 17 2009, 04:59 PM

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QUOTE(panasonic88 @ Aug 17 2009, 04:56 PM)
i buy Latexx today. tomolo 1.37-1.38 buy again. (hopefully don't have to)  sweat.gif 

then buy Boustead if price is below 3.60 +-.

then i can tutup kedai liao for the next few months.
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Haha, finish bullets? Every month end you have lots of capital as bullets ma laugh.gif

I just happen to have FD that I transfered expired today, so standby liao.


protonw
post Aug 17 2009, 05:02 PM

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QUOTE(Suicider @ Aug 17 2009, 05:00 PM)
rclxms.gif I bought that too!
Will continue buying it if tomolo drops  brows.gif
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I am waiting for lower cos I still hold those that bot earlier; instead I shoot Pantech............ will shoot more tomorrow. tongue.gif


protonw
post Aug 17 2009, 05:09 PM

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Today my portfolio reduced 18% just by FBCI -19.52. so, if it goes another 4 days like that, my earlier gain will be all wipe out. Hmmm. that is share trading. LOL


protonw
post Aug 17 2009, 05:12 PM

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QUOTE(mopster @ Aug 17 2009, 05:09 PM)
jason,
I notice dialog is buying back lots of shares (almost 17m now), and since this is the 4th quarter, im hoping for a final dividend or treasury share tongue.gif
report should be out anytime soon..
Also, the price has been steady around 1.17-1.19.. what do u think ?

meanwhile rcecap is a bit kiamsiap la... 0.75cent dividend only.. (after tax)...
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Hope the management team is not kedekut. laugh.gif



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