I think even if one cannot subscribe to the rights, it is not end of the world, just sell off the rights entitlements and use the proceeds to buy more of the reits to prevent dilution.
Singapore REITS, S-REITS
Singapore REITS, S-REITS
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Oct 1 2015, 05:53 PM
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Junior Member
199 posts Joined: Jul 2013 |
I think even if one cannot subscribe to the rights, it is not end of the world, just sell off the rights entitlements and use the proceeds to buy more of the reits to prevent dilution.
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Oct 1 2015, 07:39 PM
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Senior Member
9,353 posts Joined: Aug 2010 |
QUOTE(Brandon323 @ Oct 1 2015, 05:53 PM) I think even if one cannot subscribe to the rights, it is not end of the world, just sell off the rights entitlements and use the proceeds to buy more of the reits to prevent dilution. You get better price when buying Rights compared to buying the REIT units in the open mkt. |
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Oct 2 2015, 02:50 PM
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9,353 posts Joined: Aug 2010 |
QUOTE(Hansel @ Oct 1 2015, 08:53 AM) 'Mine is CASH UP FRONT account with min brokerage SGD12. Do not have the Good till DAte.'Yes, you are right ! There is only one option when buying with Cash Upfront. The buy order is good for the day only, and need to key-in again the next morning. Just a question : isn't the cash upfront amount $18, instead of $12 ? Tq. |
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Oct 5 2015, 10:56 AM
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All Stars
24,454 posts Joined: Nov 2010 |
us poor jobs report... so, market not pricing in fed rate hike until march 2016.
usd weakens, bond prices strengthen. so do reits. nice to see all sg reit prices up 1-2% today. but mindful sgd may soften further alto i see limited downside. |
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Oct 5 2015, 11:20 AM
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4,174 posts Joined: Dec 2008 |
QUOTE(Hansel @ Oct 2 2015, 02:50 PM) 'Mine is CASH UP FRONT account with min brokerage SGD12. Do not have the Good till DAte.' it was SGD 18 when i open the account in 2013. Then i think sometime begining this year when SGX change to min purchase in 100 units instead 1000 units, the brokerage was reduce to SGD 12 only.Yes, you are right ! There is only one option when buying with Cash Upfront. The buy order is good for the day only, and need to key-in again the next morning. Just a question : isn't the cash upfront amount $18, instead of $12 ? Tq. However, to sell is SGD 25 minimum. |
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Oct 5 2015, 11:22 AM
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4,174 posts Joined: Dec 2008 |
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Oct 5 2015, 12:13 PM
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199 posts Joined: Jul 2013 |
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Oct 5 2015, 12:52 PM
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9,353 posts Joined: Aug 2010 |
QUOTE(elea88 @ Oct 5 2015, 11:20 AM) it was SGD 18 when i open the account in 2013. Then i think sometime begining this year when SGX change to min purchase in 100 units instead 1000 units, the brokerage was reduce to SGD 12 only. Tq,... I never checked how much they deducted.... too many reports to read.However, to sell is SGD 25 minimum. |
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Oct 5 2015, 03:28 PM
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4,174 posts Joined: Dec 2008 |
QUOTE(Brandon323 @ Oct 5 2015, 12:13 PM) Can you please double confirm the thing about Singaporeans.. being World Class.. all u hv to do is just drop them an email and u will get replied in less than 24 hrs.... asksgx@sgx.com In the past year, i auto $$ collect from Rights issue for : Aims; Ireit (did not even know they hv a right exercise till i get the letter) and few others. Initially did the whole process of 1. singapore address. 2. buy from ATM blah blah... and not practical for me to sell of my rights.. as will be charge brokerage. Also, i dun want to trouble my Singaporean friend, so opted for NO SINGAPORE ADDRESS. I even went to the extend of asking procedures on ESTATE PLANNING. Must plan ma.. incase mati.. how to collect back shares and $$$ from Sg. I hv not idea if this is the most worth it method. However its less HASSLE. If i want top up units, i just buy from market when price is right... |
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Oct 5 2015, 03:43 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... |
QUOTE(elea88 @ Oct 5 2015, 03:28 PM) the thing about Singaporeans.. being World Class.. all u hv to do is just drop them an email and u will get replied in less than 24 hrs.... If you want the broker to handle the rights for you and also if want to convert warrants etc.. use a nominee account. asksgx@sgx.com In the past year, i auto $$ collect from Rights issue for : Aims; Ireit (did not even know they hv a right exercise till i get the letter) and few others. Initially did the whole process of 1. singapore address. 2. buy from ATM blah blah... and not practical for me to sell of my rights.. as will be charge brokerage. Also, i dun want to trouble my Singaporean friend, so opted for NO SINGAPORE ADDRESS. I even went to the extend of asking procedures on ESTATE PLANNING. Must plan ma.. incase mati.. how to collect back shares and $$$ from Sg. I hv not idea if this is the most worth it method. However its less HASSLE. If i want top up units, i just buy from market when price is right... higher chargers.. including service charge for dividend, warrant conversion, payment for rights etc.. but less hassle. This post has been edited by gark: Oct 5 2015, 03:43 PM |
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Oct 5 2015, 04:13 PM
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Junior Member
199 posts Joined: Jul 2013 |
QUOTE(elea88 @ Oct 5 2015, 03:28 PM) the thing about Singaporeans.. being World Class.. all u hv to do is just drop them an email and u will get replied in less than 24 hrs.... Oh, so you even save the commission on selling the "rights to rights" and yet they auto sell for you? But at what price and which bank account they know to bank into????? asksgx@sgx.com In the past year, i auto $$ collect from Rights issue for : Aims; Ireit (did not even know they hv a right exercise till i get the letter) and few others. Initially did the whole process of 1. singapore address. 2. buy from ATM blah blah... and not practical for me to sell of my rights.. as will be charge brokerage. Also, i dun want to trouble my Singaporean friend, so opted for NO SINGAPORE ADDRESS. I even went to the extend of asking procedures on ESTATE PLANNING. Must plan ma.. incase mati.. how to collect back shares and $$$ from Sg. I hv not idea if this is the most worth it method. However its less HASSLE. If i want top up units, i just buy from market when price is right... |
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Oct 5 2015, 05:14 PM
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Senior Member
4,174 posts Joined: Dec 2008 |
QUOTE(Brandon323 @ Oct 5 2015, 04:13 PM) Oh, so you even save the commission on selling the "rights to rights" and yet they auto sell for you? But at what price and which bank account they know to bank into????? bank into the same bank ac that they bank in yr dividend. My broker is DBS VICKERS and my bank ac is DBS . Price should be the closing Rights price - plus minus. Maybe u email sgx and ask them. the exact details. i got all this info in the year 2013.. but i forgot whether its the opening or the closing rights price. coz not much difference as my holdings is not that high. If U are nominee ac.. then less hassle. Pay service charge only.... |
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Oct 5 2015, 05:59 PM
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All Stars
24,454 posts Joined: Nov 2010 |
QUOTE(gark @ Oct 5 2015, 03:43 PM) If you want the broker to handle the rights for you and also if want to convert warrants etc.. use a nominee account. higher chargers.. including service charge for dividend, warrant conversion, payment for rights etc.. but less hassle. QUOTE(elea88 @ Oct 5 2015, 05:14 PM) true!i am using nominee account. on one occasion, i actually bought additional rights in open market, instruct nominee to exercise and convert together with the entitlement. convenient, just pay a fixed fee. those rights are only available for a short period. This post has been edited by AVFAN: Oct 5 2015, 06:08 PM |
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Oct 6 2015, 10:59 AM
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4,258 posts Joined: Nov 2012 |
Another green day. You guys making how much for reits picked up last week ?
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Oct 6 2015, 02:02 PM
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24,454 posts Joined: Nov 2010 |
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Oct 6 2015, 04:10 PM
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4,174 posts Joined: Dec 2008 |
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Oct 6 2015, 04:53 PM
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24,454 posts Joined: Nov 2010 |
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Oct 6 2015, 11:38 PM
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808 posts Joined: Apr 2009 |
Anyone here using SCB Standchart Trading where is no minimum commision charges? Im just open a dash acc with them link with online trading acc. Sifu here can shed some light to me this newbie or give suggestion to buy some Reits?
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Oct 7 2015, 08:15 AM
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4,258 posts Joined: Nov 2012 |
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Oct 7 2015, 08:51 AM
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9,353 posts Joined: Aug 2010 |
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