QUOTE(SKY 1809 @ Feb 12 2010, 07:50 AM)
Haha,
Those who sold MAS Mother shares now and subscribe to rights could be " trapped "
I could see the right issue to be very successful if they do that ( sold the mother shares ) , or odeli happening as reported in Business Times ?
Those big local funds would be happily " makan" the cheap mother shares now and control them.
Once the OR trading is approaching the final days, the Mother share price would start to surge.
Again, people would rush to buy the OR and subscribe happily.
Mother share price would continue to go up until the very last day for investors to subscribe.
Then that is the time for those who sold the mother shares now to get regretted for selling too low.
Of course this is my own conspiracy theory. Could be 100% wrong basing on Axiata and Maybank's experiences.
I am Not responsible for any losses if you follow my conspiracy theory.
Best is to sit back and see how the show develops.
Good Luck to all.
wonder why my thinking was like you. as far as MAS RI is concerned, all have been underwritten by major shareholders Khazanah, PMB and investment banks Maybank IB, CIMB, RHB under an underwriting arrangement. means that MAS is guaranteed and secured for the rm1.60 RI.Those who sold MAS Mother shares now and subscribe to rights could be " trapped "
I could see the right issue to be very successful if they do that ( sold the mother shares ) , or odeli happening as reported in Business Times ?
Those big local funds would be happily " makan" the cheap mother shares now and control them.
Once the OR trading is approaching the final days, the Mother share price would start to surge.
Again, people would rush to buy the OR and subscribe happily.
Mother share price would continue to go up until the very last day for investors to subscribe.
Then that is the time for those who sold the mother shares now to get regretted for selling too low.
Of course this is my own conspiracy theory. Could be 100% wrong basing on Axiata and Maybank's experiences.
I am Not responsible for any losses if you follow my conspiracy theory.
Best is to sit back and see how the show develops.
Good Luck to all.
SKY..one more counter which shared the same trend as axiata and maybank...it's misc. those who sold misc during the trading period of OR must regretted like hell...ha.ha.ha..
Feb 12 2010, 08:11 AM

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