Stock Market V12, Stock Market talk, some are investors, some are gamblers..
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 Apr 25 2008, 12:03 PM
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Senior Member
1,120 posts Joined: Jul 2006 
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QUOTE(lklatmy @ Apr 25 2008, 11:59 AM) Buy 3k or multiples of 3 mother share,keep and wait for the implementation of the corporate exercise which should be in the near future. Thanks. Will keep eye on it.   |
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Apr 25 2008, 12:04 PM
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Senior Member
713 posts Joined: Sep 2006 From: Long Island
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QUOTE(lklatmy @ Apr 25 2008, 11:59 AM) Buy 3k or multiples of 3 mother share,keep and wait for the implementation of the corporate exercise which should be in the near future. erm.. dont understand why need multiple of 3 mother shares?the warrant only issue to mother share holders? |
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Apr 25 2008, 12:10 PM
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Senior Member
1,120 posts Joined: Jul 2006
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QUOTE(aretla @ Apr 25 2008, 12:04 PM) erm.. dont understand why need multiple of 3 mother shares? Because ratio is 1:3. means one warrant for 3 mothershares.the warrant only issue to mother share holders? But still dun understand how bonds will applied in this case? Is it mean beside 1 warrant, we also will get bond shares as well? How many bonds allocated in this corporate exercise? |
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Apr 25 2008, 12:12 PM
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Junior Member
335 posts Joined: Jan 2003
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QUOTE(panasonic88 @ Apr 25 2008, 10:36 AM) agree. Maybulk is always your first choice.if i were to choose between (MAYBULK/HUBLINE/SWEEJOO) SWEEJOO would definitely be on my last pick. |
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Apr 25 2008, 12:12 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry 
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QUOTE(aretla @ Apr 25 2008, 12:04 PM) erm.. dont understand why need multiple of 3 mother shares? Yes, the new warrant is issued to shareholders at 10 sen on 1 for 3 basis.the warrant only issue to mother share holders? |
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Apr 25 2008, 12:13 PM
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Senior Member
713 posts Joined: Sep 2006 From: Long Island
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QUOTE(dreams_achiever @ Apr 25 2008, 12:10 PM) Because ratio is 1:3. means one warrant for 3 mothershares. 2nd question below this, the warrant issue price is rm0.10?But still dun understand how bonds will applied in this case? Is it mean beside 1 warrant, we also will get bond shares as well? How many bonds allocated in this corporate exercise? aiya...u juz answer while im posting this question  This post has been edited by aretla: Apr 25 2008, 12:13 PM |
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Apr 25 2008, 12:16 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
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QUOTE(dreams_achiever @ Apr 25 2008, 12:10 PM) Because ratio is 1:3. means one warrant for 3 mothershares. The bonds are issued to primary subscribers which are financial institutions,upon issuance of the bonds,the primary subscribers will immediately detach the warrant rights and offer it to existing shareholders at 10 sen.But still dun understand how bonds will applied in this case? Is it mean beside 1 warrant, we also will get bond shares as well? How many bonds allocated in this corporate exercise? |
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Apr 25 2008, 12:19 PM
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Senior Member
713 posts Joined: Sep 2006 From: Long Island
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QUOTE(lklatmy @ Apr 25 2008, 12:16 PM) The bonds are issued to primary subscribers which are financial institutions,upon issuance of the bonds,the primary subscribers will immediately detach the warrant rights and offer it to existing shareholders at 10 sen. issue to share holders at 10 sens.. but u mentioned the warrant will be traded at ~rm1.10?  |
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Apr 25 2008, 12:22 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
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QUOTE(aretla @ Apr 25 2008, 12:19 PM) issue to share holders at 10 sens.. but u mentioned the warrant will be traded at ~rm1.10? That's why I say it"s a interesting proposal.The intrintcit value of the new warrant is around 1.20 PROVIDED YTL Power continue to trade at 2.47. |
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Apr 25 2008, 12:26 PM
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Senior Member
713 posts Joined: Sep 2006 From: Long Island
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QUOTE(lklatmy @ Apr 25 2008, 12:22 PM) That's why I say it"s a interesting proposal. YTLPOWER's price is quite stable... it doesnt upside down much...The intrintcit value of the new warrant is around 1.20 PROVIDED YTL Power continue to trade at 2.47. erm... considering... thanks for info. last question, normally after the proposed, how long is the time frame until it get confirm and issued? |
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Apr 25 2008, 12:27 PM
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Senior Member
1,120 posts Joined: Jul 2006
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QUOTE(lklatmy @ Apr 25 2008, 12:16 PM) The bonds are issued to primary subscribers which are financial institutions,upon issuance of the bonds,the primary subscribers will immediately detach the warrant rights and offer it to existing shareholders at 10 sen. Now, i'm understand. Thanks alot.Hmm...time to shoot the bullets liao..  |
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Apr 25 2008, 12:31 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
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QUOTE(aretla @ Apr 25 2008, 12:26 PM) YTLPOWER's price is quite stable... it doesnt upside down much... Considering that it has already been approved,the whole proposal may take around three months to be implemented .erm... considering... thanks for info. last question, normally after the proposed, how long is the time frame until it get confirm and issued? |
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Apr 25 2008, 12:33 PM
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Senior Member
713 posts Joined: Sep 2006 From: Long Island
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QUOTE(lklatmy @ Apr 25 2008, 12:31 PM) Considering that it has already been approved,the whole proposal may take around three months to be implemented . hehe.. thanks..so good to gave a remisier here |
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Apr 25 2008, 12:36 PM
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Senior Member
5,580 posts Joined: Jan 2005
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looks like jaks will climb up after aternoon session .. 46k Q at 0.8 (highest buying price) .. hope it will boost up the price ..
 ..This post has been edited by Seng_Kiat: Apr 25 2008, 12:37 PM |
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Apr 25 2008, 01:09 PM
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Senior Member
1,523 posts Joined: Dec 2007 From: Puchong... 
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Sapcres....Go GO GOO |
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Apr 25 2008, 01:14 PM
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Junior Member
376 posts Joined: Mar 2005 
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sapcres still on the move?seem is been steady there awhile
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Apr 25 2008, 01:31 PM
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Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
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Lowyat love it...haha |
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Apr 25 2008, 01:33 PM
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Junior Member
376 posts Joined: Mar 2005
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got such thing as low yat love it
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Apr 25 2008, 01:35 PM
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Senior Member
3,037 posts Joined: Jun 2007
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QUOTE(lklatmy @ Apr 25 2008, 11:51 AM) Base on existing YTL Power market price of 2.47 and warrant exercise price of 1.25,this new warrant is worth at least 1.22 not including the time value.Even the warrant rights will be listed prior to the subscription closing and I estimate that the WR will be traded at minimum 1.10. What I meant was the exchange ratio of 1 warrant can convert to 1 mother share. Ratio is 1:3, not 1:1 Very interesting proposal indeed.  ,( This is not a recommendation and buy at your OWN RISK) But yeah, warrant eligibility is 1 warrant for every 3 shares. I read abit more on the proposal. YTLPOWR still has about 800 mil of previous warrants or 2010 warrants. If these warrants are exercised before the issuing date of the new warrants. Meaning prices of YTLPOWR can still drop. Edit: Outstanding warrants for YTLPOWER is 862,663,844 KLSE warrant info This post has been edited by skiddtrader: Apr 25 2008, 02:33 PM |
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Apr 25 2008, 01:40 PM
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Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
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What happen to LiQUA..drop 0.04...25% loll |
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