looks like AAX might be able to put into wok and fry

Welcome back ..Brother..u stay invisible for too long...

Could be a sign that CI hitting 2000 pts soon.

   

it is not ex yet, after ex the price will be re-adjusted due to the new right issue.

you have two choice, you can exercise your right and prevent your equity from being diluted or you can sell your right in the open market.

If you don't do any of the above, than you are at loss, because after ex, your equity will surely be diluted. This is the most basic explanation that i can give you

Right issues do have diff meaning and interpretations :-

1) A co may secure some big projects and need money to carry out these projects ..which is positive
2) A co after an IPO....most money lost in doing the businesses..and now needs shareholders to bail them out with more cash calls...

Generally 2 is deemed to be bad.......and tends to dilute yr earning power with no feasible
profits in sight ..worst with tonnes of free warrants to attract people ( misleading )

Just my thinking.........only

Ya u need to buy the rights...else diluted more ....and u ended with more losses ( diluted ) ..U can opt to sell the rights in most cases...for a few sen maybe..but u lost the free warrants ( given to new owner u sold yr rights  to )

Jialat market.. u come back.. he hit u back kampung

local n foreign investors must be thinking harder than you on this!

i can think of 3 phases....

1. if bursa gets knocked down continuously while other bourses stay firm, we know the change is imminent. insiders and people in the know will act first. nobody likes uncertainty.

2. who will take over? investors foreign and local are clever, they can read what's going on. what will next one be like? someone who has reputation to be pro-market, pro-investors? or pro-bigger budget deficit, pro-bigger debt, pro-more arrests? or someone who will do nothing and go on like before? this, u gotta find out for yrself. and remember as per tradition, pm+fin minister is one n same person, very powerful.

3. after change if any, what really does happen. talk is cheap, investors need to see the real thing.

well, for all u know, there may be no change at all in anything for some time.

even higher $$$ if you plan to exercise the rights

Lose 1 car? Viva or Camry?

Personally I think AA and AAX relationship is more or less like whats going on with Lion group. Keep on restructure making one profitable segment and others become losing money. Pusing pusing in the end... 10 holes with 6 covers.

AXIA