remisier is laughing loud loud now, Adventa up 26 sens. omg!

you better dont regret for killing your golden goose 

From your past posts, you seems like mid term investor... Buy and sell within weeks... Is the the best way to earn money based on your experience (from yourself and clients)?  I'm just curious... Not saying your way is wrong or right...

Do you know what will be the price after ex? I mean let say close at 3.98?? I dunno the calculation

speaking of china company, there is another shoes related new IPO from china would be list in KLSE soon. another round of char kuey teow?

Adventa falling off the cliff.

i wonder will our remisier buy back?

I want to inteprete, I want to inteprete (noob angkat tangan)  .....

If I understand it correctly, it should be like this. If you hold 10 scomi shares, you get the right to buy:
1) 15 scomi shares (without discount (100% stock price value) with a par value of RM 0.10)
2) 2 free warrants (no need to pay)

Just tembak only..... hope it is correct... 

ICULS, right. Means X amount of C then pay Y amount of cash to convert to mother-share? (something like OR??)

FREE WARRANTs means the mother share sure jatuh longkang.. aiya..

I can get roughly 60 + lots of warrants. Upon listing will lelong all..

Is this type of arrangement good or bad for investors? Care to elaborate, Mr remiser. 

ICULS is not good for existing shareholders, as those ICULS eventually will be converted into mothershare after maturity.

Subscribed to ICULS won't make your much money, in fact a lot of time making loss, as it must be issued at par value, or RM 1 or RM0.10, so when it first listing time, it also trade at same or most of the time lower than the subcribed price, that's why company need to give free detachable warrant as 'sweet' to compensate the potential loss in taking up the ICULS.

The reason why it can't chalk up premium like warrant, because it carries no gearing, conversion is based on number of ICULS into mothershare, like 10 ICULS convert into 1. No exercise price/cash involved.

The good side is it only will dilute the EPS after the maturity, so it is instead of right issue, (which diluted straight away), it defers the dilution effect until 5 years afterwards (most ICULS have 5 years life time), while paying loan interest in between.

You can treat it yourself as ahlong, right. 

One thing good about ICULS, it pays your fixed interest every year, no matter how mothershare or ICULS price go. So it is a source of fixed income play while exposed yourself into equities.

I previously like ICULS play before, bought a lot as well so that it gives me a steady stream of income, (my always style, that's we I like reit and dividend play), but now, it is become less popular, while those issuing it are more on second, third liner stocks only, not more big cap, big name company issuing anymore.

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.

oooooo macam tu kira de!

now i get it liao. 

what are you drooling at, mr remisier?

will monkey traders show us some last minute tricks ?

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Added on August 17, 2009, 4:46 pm

mr. remisier giving tips 

any of your clients lost money today? Especially on ADVENTA / LATEXX / HANDAL ?

come, bite yourself

sorry Mr. Remisier... forgot,  its P&C 

reminds me of remisier indian terms on yesterday.

i free up my Sealink at 76 sens, aiyaya.

my final purchase left Maybank & Boustead.

this time have to aim zhun zhun liao.

If RiverStone doing glove for clean room, then sure share price dropping...
It is good that if Riverstone start doing surgical glove

Latexx for once traded at RM15 i heard. those are the Repco Low days