You can't say that lar. Our Mr Remisier here (LYN) quite good what. His pick manyak geng.

Todays tm closed at 3.17... good result coming

still a lil confused but thanks for explaining.
i got MAS share. yesterday my broker called me asking whether i want to accept the rights which i told them yes. this morning, i notice i oledi got the same amount of shares in MAS-OR (of which I was informed that I need to only pay the RM1.60).
does that mean by 22/2/2010, irrespective of what happen, i will automatically have the OR no. of shares converted to the mothershare, thus doubling my quantity for the mother share? does that also mean i need not purchase any OR now since it's already in my account and thus saving me a further 0.14 or whatever price it drop to?
if that is the cse, then it's mighty stupid of me to reject them to have more rights application since she quoted that if under subscript i have the right to purchase more at rm1.60 (i'm literally expecting that i need not purchase anymore OR in the market)
but having said so, isn't it still attractive to buy the OR at such low price? or is it come 22/02/2010, after conversion, the mothershare is expected to drop drastically again?
thanks again and sorry for repeating my question. still new and still learning albeit a very expensive lesson!

Launching HSBB in March... Potential 10-12c divvy~~~ i've been queuing to get more... hopefully can get la
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Ohh Thanks Kochin, I'm clearer now after reading ur post..

So the story is:
Existing MAS holders before Ex-Date will receive 1:1 Rights Shares.. they can choose to pay 1.60 to convert to mothershare or trade the OR in the market...

So, when OR crashes alot could mean that existing investors are not keen to buy more MAS shares.

This post has been edited by mopster: Feb 11 2010, 05:35 PM

Great... Hope can collect the dividend you mentioned....

Wrong liao, you are confused already. No offence.

OR is given free to you as existing MAS shareholder.
But OR's life-time is as good before 22/2, if you are not subscribing the right issue at RM1.60, OR will cease and expired, worth zero.

You need to buy a banker cheque of Rm1.60 aka you need to fork out Rm1.60 to own another MAS shares and send the cheque together with the OR (it is actually a form only).

You have 2 choice right now

1. Dispose the OR in the market, get Rm0.14 (today price)
2. Buy the right aka fork out Rm1.60 to own another MAS
3. Being mentioned before, so don't want to confuse further, so just consider 1&2 first.

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Added on February 11, 2010, 5:46 pmYes, become toilet paper, so please don't overbuy the OR, as time is against you, it has barely a week or so lifetime.

Take about a few week before the right issue completed. So risk is always there. That's why some OR holders don't want to take up and dispose the OR.

That's why we often see near last day, OR normally being sold down at discount.

This post has been edited by cherroy: Feb 11 2010, 05:46 PM

I saw this when I logout Jupiter trading platform:-

Do you know that you can withdraw from your EPF Account 1 to invest directly in the stockmarket at very low brokerage rates?

Jupiter Online brings you another new product and service. Now, you can easily withdraw money from your EPF Account 1 to invest directly in the stock market. Jupiter Online partners with Amara Investment Management Sdn Bhd (“Amara”) to bring you this EPF Scheme.

What say you guys? Just for discussion only....

MAS-OR first day of trade already -69%
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haha, Airline is not my cup of tea...

If a very good company offering RI for expansion purposes, then IMO it is a good opportunity to own the share at a discount, although the drawback would be a temporary setback/dilution in earnings..

learned a bit today.. happy~~

Not sure if MAS-OR will bounce back....But when i had the Pelikan-OR it sort of went all the way down...So i just subscribe 1.10 for the mother share and then don't do anything to the OR. The OR expire i will have the mothershare since I subscribe. It takes about a month for the whole process. 12 Jan from when they send the Acceptance Letter to 12 Feb (tomorrow) when the subscribed mothershare will appear in my portfolio.

End of day liao....the best volume in market today, MAS-OR....Looks like European market doing well, FTSE +1% and DJIA Futures +35. Lets see how tonight goes.

Again, to all those traveling back to hometowns, have a safe trip and drive carefully. Gong Xi Fa Cai!

Mikiyo - Bon voyage. Have a swell time in Australia.

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Added on February 11, 2010, 6:26 pmFor me it is sooooooo against my savings principle. I always view my EPF as my retirement fund. To bring it out and invest in volatile conditions scares me a bit. However, this is my very conservative view and this view may change depending on this year's divvy.

While i understand that generally, about 70% of EPF investments are in safe forms of investments (ie bonds, treasuries) I am certain that last year would have been a stellar stock performance. While rates were low, but I would not think that they would be so low resulting in EPF will giving anything less than 6% following from 2008's 4.5%. I am expecting 6% and more, if not, i may decide to move A/C I $$$ to other places.

Just for information...
2000 - 6%; 2002 - 4.25%; 2003 - 4.3%; 2004 - 4.75%; 2005 - 5%; 2006 - 5.15%; 2007 - 5.8%; 2008 - 4.5%
1987 - highest i read somewhere 8.x%. (Not sure this one).



This post has been edited by VyvernS: Feb 11 2010, 06:26 PM

lolol GPacket lose money again~~~~ Qtr4 -15.80c per share... FY lost 39.20c..
Revenue is increasing, albeit slowly

HOWDY !

Whats up guys?? Waiting for Euro Press announcement?

waiting for you to update us.
not going back to hometown kar?

Hi Adam.

Not really waiting for it, but would really be interested to know how they will package it.
So now, if they aid Greece, would they put in clauses for future aids, some indication they may help Portugal, Spain or Ireland or any other Euro nations having huge deficits?
This will help calm the jitters in the market, but in doing so may make aid-needing nations complacent and not really wanting to find ways of digging themselves out of the debt hole.

Nope, went back in jan.

I worry that because the EU structure is not like the US and the ECB is not the FED whatever they say will be a political fudge not an economic solution and will have no credibility. There is no way 18 countries can act as one. This is the weakness of the EU as will be demonstrated in this crisis......

We will see at 16.45 CET today what shambolic proposals they cobble together and then we shall see if the markets believe these discredited politicians or not.

There seems to be no proactive actions to head this off. Its just like they sat down and waited for it to happen, knowing full well at some point they may face this issue. Just like Sub Prime Mortgage Crisis.
I think some of the more powerful Central Banks in the world need some new people...

An update, talk talk only...

http://www.bloomberg.com/apps/news?pid=206...KhvZaS2Ls&pos=1

This post has been edited by VyvernS: Feb 11 2010, 09:10 PM

Absolutely correct.

Anyone with half a brain could see more than 18 months ago that this toxic debt crisis/credit crunch (call it what you will) was going to go:
CONSUMER -> COMPANIES -> BANKS -> BOND MARKETS -> SOVEREIGN DEBT

Things have been patched up along the way but the buck stops at national governments/CB's.

The problem with the EU is that it is a "one size fits all" model and it plain don't work - as we will witness in 2010.

The other interesting fact is that in the 1929/33 Crisis it was debt default by Austria that caused the maximum damage when their system collapsed in 1931.

Who says history doesn't repeat itself.....

MAS use method 2 to ask people buy it right issue share. people thought can earn money then will buy the OR + right issue share at 1.6 K. MAS need money, but their business look no good. so how to ask people buy their right share? method 2 as mentioned above. They purposely push down the OR price to 0.14 , so the cost of buying OR with right share is 1600 + 140 = 1740 compare with 1920 mother share, people think can earn the diff then will buy their right share lol ... just my opinion.

This post has been edited by kanelkc: Feb 11 2010, 09:51 PM

MAS TP pricing ex rights should be (TP+1.60) / 2 ...correct ho?

This post has been edited by GregPG01: Feb 12 2010, 08:04 AM

STEMLIFE & TMCLIFE
what you all think guys?