Does anyone know what it means by Unknown Transaction (the pink indicator in the attached screenie)?

The help page says the transaction price doesn't match either the best buy or best sell. If so how could there be a transaction in the first place?


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Hi guys,

If the major shareholders of a company makes an offer to take the company private, is it possible that they revise the offer price if the acceptance rate is less than anticipated? Did anything like this happen before?

Thanks.

Thanks cherroy.

Another question is, if shareholders accept the offer do they need to pay the transaction costs like they normal do when buying and selling shares?

Latest annual report + changes in shareholdings (bursa annoucements).

If the order was matched partially at 7.07 and 7.08, shouldn't the number of shares matched at those prices be counted in their respective price groups?

BTW, which online broker are you using? I don't remember seeing the "Mid" type in m2u.

Does the shares issued include the treasury shares?

I'm not able to arrive at the same total number of shares following Pantech's recent corporate exercise.

Prior to the exercise, Pantech has issued 375,026,000 shares. 820,800 shares have been bought back. Hence, 374,205,200 shares outstanding.

Pantech gave out 1 bonus share for 5 existing shares. If I divide 374,205,200, I get 74,841,040 which is the number of new shares (my calculation) from the bonus issue.

Adding 374,205,200 and 74,841,040, I only get 449,046,240 which is a fall short from 449,867,027.

Even when I take the treasury shares into account, the total shares of 449,867,040 (449,046,240 + 820,800) still doesn't tally with what is shown in the screenie.

Does anyone know how to get the shares issued figure?

Thanks in advance.

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I found this announcement saying 74,841,027 bonus shares would be listed. This number is different from what I calculated above by 13 new shares (or 65 existing shares, 1:5).

If I add the original outstanding shares, reported new bonus shares and treasury shares, I'll get the total number of shares in the screenie.

But, why is that the 65 existing outstanding shares weren't entitled for the 13 bonus shares?

This post has been edited by iamsobloodysick: Jan 3 2011, 10:09 AM

Yeah you're right. I missed the simple point.

Answer to your question is in the example above.

Could anyone please explain the following accounts? What are the differences between, say allowance for doubtful debts and doubtful debts written off?

Allowance for Doubtful Debts
Allowance for Doubtful Debts No Longer Required
Doubtful Debts Written Off
Doubtful Debts Recovered
Allowance for Obsolete Inventories
Allowance for Obsolete Inventories No Longer Required
Allowance for Inventories Written Off
Allowance for Inventories Written Off No Longer Required

Thanks for your efforts.

I've actually asked my girlfriend (ACCA) the same questions but I'm not satisfied with her answers.

The following two sound the same to me.

Allowance for Doubtful Debts
Doubtful Debts Written Off

Both will be treated as expenses. I'd like to know why not write off the doubtful debts instead of making an allowance for it.

I did google but I'm confused with the terms used in the report. For example,

Is "Allowance for Doubtful Debts No Longer Required" a write-back?

Haiz. I really wish I did finance & accounting for my degree. I've done cfa 2 but I lack analysis practice.

I suppose the calculation only applies to call warrants.

Return of call warrants per share = [(settlement price - exercise price) / exercise ratio * exchange rate] - entry price

Return of company warrants per share = mother price - exercise price - entry price * exercise ratio

I just realized call warrants calculation is different. I had been giving the wrong information to my friends.

Guys, I have until next Monday to decide whether or not to accept MTD's offer of RM9.50 per share. The Edge Weekly ran an article about this privatisation and was of the opinion that the offer price wasn't attractive. I read that the board already hired an independent adviser to do the valuation. But I've yet to get their valuation report.

I would like to hold on to this stock but the privitisation offer is unconditional and it's not subject to the acceptance level. If the public spread is less than that required by Bursa, MTD will not want to maintain its listing status. All minority shareholders have been "warned".

This is the first time I own a stock which is being privatised. I'd like to ask how the privitisation process will go about. Under what circumstances will the offeror revise the offer price? If I reject their offer now, can I still sell them my shares before the stock is delisted from Bursa.

Thanks.

I see. I guess I'll have to accept the offer in that case.

I read from bursa announcement that an independent adviser has been appointed to advise the independent directors (or public?) on the offer. During an M&A or privitisation, will such an independent valuation report be made public to small investors like us?

This post has been edited by iamsobloodysick: Jan 18 2011, 07:48 AM

I guess there will be a separate offer for outstanding warrants (Example).

I usually will read up their annual report or more specifically their chairman's statement regarding their dividend policy.

Bursa requires top officers in listed companies to give notice of their intention to buy or sell shares during the information sensitive period. The definition of closed period is defined below. This sort of announcement is just the formality imho. More often than not, we, the public investors, are always the last to receive material information and trade after insiders or people connected to them buy or dump their shares.

Closed Period
The two months before a company announces its results in which directors are prohibited from dealing in its shares. This is to prevent them from taking advantage of inside information about the company's performance. Also, the period of time during the term of a mortgage loan when it cannot be prepaid.

... from http://www.finance-glossary.com/define/clo...period/2173/0/C

This post has been edited by iamsobloodysick: Feb 10 2011, 10:33 AM