Q&A, General question on stock market
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 Nov 9 2010, 09:40 AM
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#1
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Junior Member
234 posts Joined: Jul 2010  
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Can anyone advise if 1 have any of MUIIND loan stock (MUIIND-LA, MUIIND-LB or MUIIND-LC), i will be albe to convert it to the mother share right (1:1)?
How come the loan stock share price is much lower than the mother share. if i buy in the loan stock share at RM0.18 i can immediately make profit (assume MUIIND at 0.22 currently)? correct me if i'm wrong. Thanks  |
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Nov 9 2010, 10:54 AM
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#2
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Junior Member
234 posts Joined: Jul 2010
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QUOTE(Icehart @ Nov 9 2010, 10:25 AM) You have to check the conversion ratio and the exercise price. Exercise/Conversion Period Type : 8 Year(s) Revised Exercise/Conversion Period Type : 0 Year(s) Exercise/ Conversion Ratio : 1:1 Mode of Satisfaction of Exercise/Conversion Price : Tendering of securities Settlement Type/ Convertible into : Physical (Shares) Remarks : Conversion Price: RM1 nominal value of Irredeemable Convertible Unsecured Loan Stocks (ICULS) for every one (1) new fully paid-up ordinary share in the Company, subject to any adjustment as may be made pursuant to the Trust Deed executed by the Company. The minimum value for conversion required is RM100 nominal value of ICULS. What is tendering of securities mean?  |
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Nov 23 2010, 01:46 AM
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#3
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Junior Member
234 posts Joined: Jul 2010
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QUOTE(cherroy @ Nov 18 2010, 12:01 AM) You mean delisted? Are you mean that we can get back cash after the CW expired, assume if we didn't excise/ change to mother share?No, for ordinary warrant, you need to convert to mothershare before it expired at the exercise price set before. If not, the warrant just rotten even it worth a lot. Only CW got cash settlement aka repay you what the warrant worth. Added on November 23, 2010, 1:55 am QUOTE(Icehart @ Nov 9 2010, 10:25 AM) You have to check the conversion ratio and the exercise price. The conversion ration for MUIIND-LA, LB & LC is 1:1. so i can immediate make profit if i buy in loan stock (currently at 0.16sen) then convert to mother share (0.195 sen) after maturity date? This post has been edited by kllau3: Nov 23 2010, 01:55 AM |
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Nov 30 2010, 10:40 AM
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#4
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Junior Member
234 posts Joined: Jul 2010
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Renounceable rights issue of up to RM77,213,675 nominal value of 7-year 7%
irredeemable convertible unsecured loan stocks (ICULS) at 100% of its nominal value on the basis of two (2) RM0.10 nominal value of ICULS for every one (1) existing ordinary share of RM0.20 each held in Pantech Group Holdings Berhad ("Pantech") as at 5.00 P.M. on 26 November 2010 together with up to 77,213,675 free detachable warrants (Warrants) on the basis of one (1) Warrant for every ten (10) ICULS subscribed for. Anyone can advise what is 7-year 7% irredeemable convertible unsecured loan stocks (ICULS)? I can get 7 % interest each year? Can it convert to mother then? |
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Nov 30 2010, 01:01 PM
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#5
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Junior Member
234 posts Joined: Jul 2010
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QUOTE(cherroy @ Nov 30 2010, 11:05 AM) Yes, you will receive 7% based on Par value of the ICULS. Where can i find the convertion ratio & exercise price?Yes, it can be converted to mothershare at the ratio set. Why Pantech-LR still continue dropping? not good meh (7% interest)? |
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Dec 29 2010, 06:05 PM
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#6
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Junior Member
234 posts Joined: Jul 2010
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Can anyone advise where can i find the major shareholding for the particular share?
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Jan 26 2011, 04:35 PM
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#7
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Junior Member
234 posts Joined: Jul 2010
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Company Name : KULIM (MALAYSIA) BERHAD
Stock Name : KULIM Date Announced : 10/12/2010 EX-date : 04/01/2011 Entitlement date : 06/01/2011 Entitlement subject : Special Dividend Entitlement description : Special Dividend of 85% less 25% Malaysian Income Tax Period of interest payment : to Financial Year End : 31/12/2010 Payment date : 27/01/2011 Can anyone advise i should claim back the income tax for year 2010 or 2011? |
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Jan 26 2011, 04:46 PM
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#8
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Junior Member
234 posts Joined: Jul 2010
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QUOTE(cherroy @ Jan 26 2011, 04:40 PM) It is always based on payment date, disregard the payment is for what year. ok Thanks It is always based on the date you received money. So, 2011  |
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