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 ASX COUNTERS !, Everything related to the Aus Sec Exc !

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TSHansel
post Nov 27 2019, 01:28 PM

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QUOTE(prophetjul @ Nov 27 2019, 01:08 PM)
https://www.fool.com.au/2019/11/26/why-your...tumbling-today/

The Bank of Queensland Limited (ASX: BOQ) share price is down 6 per cent to $8.12 today after the regional lender returned to trade on the back of a $250 million capital raising.
The bank issued 32.1 million new shares at $7.78 per share to institutional investors in a result it reported was at the “top of the bookbuild range”.
After a company raises capital its share price will normally fall in order to reflect the dilutory effect of the capital raising.
In other words due to their being far more shares on issue each share is now worth less in terms of the potential profit attached to it.
Commonly some investors will also sell down their existing holdings after a capital raising to book instant profits, or simply to help find the cash required to originally participate in the raising.
The widespread selling will send shares lower if there are insufficient bidders to meet the offer price.
Bank of Queensland is also facing many of the same headwinds as its big four peers like Westpac Banking Corp (ASX: WBC) or Commonwealth Bank of Australia (ASX: CBA).
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Tks bro,... good to learn the above.
prophetjul
post Nov 27 2019, 01:42 PM

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QUOTE(Hansel @ Nov 27 2019, 01:28 PM)
Tks bro,... good to learn the above.
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Dilution. At $7.78 share offer, its going to find this price I guess.
TSHansel
post Nov 27 2019, 02:33 PM

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QUOTE(prophetjul @ Nov 27 2019, 01:42 PM)
Dilution. At $7.78 share offer, its going to find this price I guess.
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Possible,... there was one EFR I was invited to last year because I hold the units,.. CMA or CMW,... very odd,... the Rights Offer price was similar to the mkt price,... and after that, the mkt price dropped below the Rights Offer price,...

Still,... there were investors subscribing,... hmm.gif

I researched here and there,... only advantage of taking-up the Rights was no need to pay for brokerage. But with the price drop factored in and based on our required quantity, buying from the mkt was more worthy.

I recalled they never offered Excesses for application.

Don't understand their mkt at times.
elea88
post Nov 27 2019, 02:37 PM

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QUOTE(prophetjul @ Nov 27 2019, 01:42 PM)
Dilution. At $7.78 share offer, its going to find this price I guess.
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any idea moving forward 7.78. what would be projected dividend.
got such info ka?

every year its .76. but this year drop to .65

price of 7+ last seen for BOQ in year 2012 2013...


prophetjul
post Nov 27 2019, 03:09 PM

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QUOTE(elea88 @ Nov 27 2019, 02:37 PM)
any idea moving forward 7.78. what would be projected dividend.
got such info ka?

every year its .76. but this year drop to .65

price of 7+ last seen for BOQ in year 2012 2013...
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No idea....not invested. Go search for the issued number if shares. And dilute it by the shares offered.
TSHansel
post Dec 3 2019, 11:40 AM

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RBA Mtg today at 2.30pm is it, bros and sis ??
moosset
post Jan 5 2020, 01:04 PM

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with the ongoing wildfire, is it a good time to buy Australian stocks?

thinking they may be some good undervalued stocks..
Cubalagi
post Jan 5 2020, 07:24 PM

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QUOTE(moosset @ Jan 5 2020, 01:04 PM)
with the ongoing wildfire, is it a good time to buy Australian stocks?

thinking they may be some good undervalued stocks..
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FAIR ETF
moosset
post Mar 23 2020, 04:35 PM

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no one invested in ASX?

any good counters that are worth looking?
livina2011
post Apr 3 2020, 11:43 PM

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QUOTE(prophetjul @ Apr 11 2017, 10:47 AM)
McEwen Mining Inc  (MUX)

Silvercorp Metals Inc (SVMLF)

Not a call to BUY or SELL!    biggrin.gif

I own both of them
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Hi prophetjul,
i was just wondering if you still holding MUX.....kinda hit pretty hard down from $4.00 to a low of $0.60....i have position too. hmm.gif hmm.gif
prophetjul
post Apr 4 2020, 10:35 AM

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QUOTE(livina2011 @ Apr 3 2020, 11:43 PM)
Hi prophetjul,
i was just wondering if you still holding MUX.....kinda hit pretty hard down from $4.00 to a low of $0.60....i have position too.  hmm.gif  hmm.gif
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No. I sold all my precious metals positions last year
livina2011
post Apr 4 2020, 12:36 PM

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QUOTE(prophetjul @ Apr 4 2020, 10:35 AM)
No. I sold all my precious metals positions last year
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oh...lucky you. How long you've hold those PM positions? Sold in profit? I'm still losing money holding since 2016

and btw your Silvercorp Metals was slammed down to $1.50 only last month. PM sector hit pretty hard except physical metal.

This post has been edited by livina2011: Apr 4 2020, 12:46 PM
prophetjul
post Apr 4 2020, 01:11 PM

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QUOTE(livina2011 @ Apr 4 2020, 12:36 PM)
oh...lucky you. How long you've hold those PM positions? Sold in profit? I'm still losing money holding since 2016

and btw your Silvercorp Metals was slammed down to $1.50 only last month. PM sector hit pretty hard except physical metal.
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sold SVM around $ 4.80
TSHansel
post Apr 13 2020, 04:21 PM

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Aussie banks are very low now,... RBA looks to be stopping OCR drop ! Australia and NZ are managing their virus pandemic well.

Not an inducement to buy,...
markedestiny
post Apr 13 2020, 05:29 PM

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QUOTE(Hansel @ Apr 13 2020, 04:21 PM)
Aussie banks are very low now,... RBA looks to be stopping OCR drop ! Australia and NZ are managing their virus pandemic well.

Not an inducement to buy,...
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Thanks for bumping this up. ASX besides LSE are on my radar as these markets are getting cheaper. I have bought some from LSE but not yet from ASX.

Not eyeing banks now, IMO perhaps could wait for lower and they are not in a good shape to weather this rout yet...
TSHansel
post Apr 27 2020, 11:13 AM

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Bros,... logistics and industrial players have hopes,... for now,... if they don't close the ports in future,...

REported today :-

SINGAPORE (Apr 26): Twenty members of the Port Authorities Roundtable (PAR) from Asia, Europe, Middle East, and North America came together on Friday to declare their commitment to keep their ports remaining open during the Covid-19 outbreak.

According to a press release by the Maritime and Port Authority of Singapore (MPA) on Friday, the Singapore-initiated declaration calls for maritime countries – running major ports such as Abu Dhabi, Antwerp, Tokyo, Guangzhou, Busan, Barcelona, Bangkok, Los Angeles, Rotterdam, and Shanghai – to collaborate and share best practices so that port operations can remain undisrupted.

Through this declaration, the countries commit to ensure that merchant ships can continue to berth at their respective ports and keep the global supply chain going. They will also share experiences in combating Covid-19, amongst other terms.

Quah Ley Hoon, CEO of the MPA says that it is important to keep Singapore’s ports open and goods moving. “Port authorities have to take enhanced precautions for their ports and on ships, as well as manage the stress faced by our seafarers and maritime personnel,” she says.

“We have come together to make a declaration of our commitment, exchange experiences and share best practices. This virtual declaration by members countries across different geographical regions is also a first for the PAR”, she says.

“We came out of the session gaining more valuable knowledge to ensure that necessities and essential medical supplies continue to be transported seamlessly across the world and into our respective countries,” she adds.

Singapore, ranked as the world’s second-busiest container port, after Shanghai, is a key node in the global supply chain. Singapore’s trade volume is more than three times its GDP.
TSHansel
post May 7 2020, 02:36 PM

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Bros,... I can't find the articles now,.. read in SG Business Times yesterday,... PM Scott Morrison said Aust will re-open carefully in July,... targetting to do this,...

Aust is coming back.
TSHansel
post Jun 19 2020, 01:56 PM

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Bros,... been investing in this for 2 years,....

Arena REIT meets upper range of distribution guidance for FY2020

Arena REIT has declared a distribution of 6.85 Australian cents for the six months ending 30 June.

The distribution is in line with the upper range of FY20 distribution guidance of 13.9 to 14.0 cents per security announced to the ASX on 21 May 2020.

Arena’s dividend and distribution reinvestment plan (DRP) will operate in respect of this distribution.

Securityholders participating in the DRP will be issued new securities priced at a 1.5% discount to the 10-day volume weighted average trading price during the pricing period.

Ex-distribution date has been set for 29 June, while the last day to elect for the DRP is 1 July.

Unitholders can expect to receive their distribution for the period on 6 August 2020.

Arena REIT was last done on the ASX at AUD2.40.

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Early-learning assets in Aus,...
TSHansel
post Nov 26 2020, 02:26 PM

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Bros,.. the CPIF as below is a competitor entity to our SGX-listed REITs which have industrial and logistics properties in Australia. Such properties must have good prospects, otherwise,... competitors will not come in,...

https://www.dealstreetasia.com/stories/char..._eid=a9c42462b1
ryan18
post Jul 12 2021, 09:05 PM

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https://www.reuters.com/business/media-tele...bln-2021-06-29/
Didnt really follow Telstra news for quite sometime already(just happily receiving dividends in my bank account) until I saw this 2weeks ago and the share price seems to be rebounding back

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