QUOTE(chyaw @ Sep 16 2009, 03:03 PM)
Where got buy back their shares??? I only know they're accumulating funds via private placement and exercise warrant (by pushing warrant premium to -ve previously)
Check in...Stock Market V40, Do you believe in October Myth?
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Sep 16 2009, 03:04 PM
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Sep 16 2009, 04:49 PM
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Sep 17 2009, 08:47 PM
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Sep 18 2009, 04:14 PM
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Sep 18 2009, 04:39 PM
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Sep 18 2009, 04:57 PM
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Sep 18 2009, 11:31 PM
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Sep 22 2009, 03:19 PM
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QUOTE(David_Brent @ Sep 22 2009, 01:50 PM) Exactly. Even unsecured debtor can file a case and wind up the whole company... there shouldn't be 'won't pay case' for the time being...So, what do you think is going on? The note they defaulted on is unsecured at 7.15%. Maybe it's a question of won't pay rather than can't pay? Also - I am confused how they can have RM400million + receivables with 500 days debtors. What on earth are they playing at I wonder |
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Sep 22 2009, 04:42 PM
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Sep 24 2009, 11:17 AM
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Sep 24 2009, 12:01 PM
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Sep 24 2009, 02:18 PM
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Sep 24 2009, 04:12 PM
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Sep 24 2009, 04:23 PM
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Sep 24 2009, 04:57 PM
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Sep 24 2009, 10:42 PM
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Sep 25 2009, 08:37 AM
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QUOTE(Kikyo @ Sep 25 2009, 08:21 AM) SCOMI GROUP BHD (SGB OR COMPANY) I am no sifu.PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO RM165,669,555 NOMINAL VALUE OF THREE (3)-YEAR 4% IRREDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (ICSLS) AT 100% OF ITS NOMINAL VALUE TOGETHER WITH UP TO 220,892,740 FREE DETACHABLE WARRANTS (WARRANTS) ON THE BASIS OF FIFTEEN (15) RM0.10 NOMINAL VALUE OF ICSLS TOGETHER WITH TWO (2) FREE WARRANTS FOR EVERY TEN (10) ORDINARY SHARES OF RM0.10 EACH IN SGB (SGB SHARES) HELD (PROPOSED RIGHTS ISSUE) I am just wondering .. any sifus here care to explain what this announcement means? Am trying to learn more stuffs about the market It means if you have 1,000 share of ordinary share, you will be offered 1,500 unit of loan stock (ICULS) at RM0.10 each; if you take up the loan stock, you will get free gift of 200 unit of warrants. The loan stock carry interest of 4% and can be convert to share in accordance to its T&C. |
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Sep 25 2009, 09:20 AM
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QUOTE(Kikyo @ Sep 25 2009, 08:51 AM) Thank you so much In most of the case, yes, as they encourage take up rate. I didn't look into this counter, so I have no opinion on that. You need to check the offer document (which they will send you if you entitled to that, or go KLSE website to download) to know the details of the offer; things to pay extra attention are like: ratio of conversion, price of conversion, conversion window (when can convert), interest rate, ranking of loan stock in liability, underwriting agreement, security... That's what I can think of at the moment... |
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Sep 25 2009, 08:35 PM
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Sep 25 2009, 09:10 PM
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