Thanks for the tip skiddtrader.
So far i have not received any forms regarding the purchase. I'm using Maybank2U service. Anyone in the same boat as me?

I'm using CIMB click traders.... so far no news also

For those people putting monies into gpacket...are you guys treating this counter as trading only or for long term investment.

If you are for long term investment...can you share your points?

Hi,

Do I still get the -OR if I sell my Gpacket share now?

me too..so far no form frm GPACKET...

Yes.

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Added on September 1, 2009, 2:54 pmFor those nominee account (Maybank2U service is nominee type), you won't receive any form, because share name is not under your name. Maybank2U is the one received the form, they will call/inform you for the right issue matter.

This post has been edited by cherroy: Sep 1 2009, 02:54 PM

Gpacket-OR is out but still no my OSK account...However, the broker has confirmed that the -OR is in my account now.

First time see a OR gets a green.

goreng goreng.

You should be able to sell today if you want. OSK has the "stocks in hand" quantity transferred at night, so you should only be able to see it tomorrow morning.

Goreng = keep or sell?

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Added on September 3, 2009, 3:19 pmLepas the OR at .25

This post has been edited by tomcatf14: Sep 3 2009, 03:19 PM

realli pening la - trading through public bank sharelink - how can so long still no phone call , no forms and the OR already being traded ?

even though the OR is at 25 cent - its still a loss isn't it from 2 weeks back when the price was above 80 cents?

This post has been edited by klmc: Sep 3 2009, 04:34 PM

Yes..i'm still losing..My buying price was .84...Hopefully the mother price will go up ler....I'm still losing a bit only after contra the -OR that I've sold off

how many OR do u get per 1 mother ? 2 mother for 1 OR ?

If two for one - current price mother .700 + OR .125 ( .25/2 ) = .825 ?

Is th at right? should have sold off all instead of fooling around with all these OR's ....

This post has been edited by klmc: Sep 3 2009, 05:02 PM

all this rights and warrants are served to confuse noobs (me included) and con their money. share price suddenly drops to 0.6x thanks to this dilution.

another question - if u sell the rights ( OR ) now - u dont get the warrant ?

bottom line - is it better to subscribe or not ?

you don't sell it and still holding it, say bye bye to your 0.25 per each GPACKET share you hold last time. anyway, today is last day, the OR sure going down cause many people rush to sell it. it'll be troublesome to call the remisier, tell them to exercize the right, need to fork additional money for the warrant and idle for 1 week until the warrant comes in.

1 OR is given with 2 share owned before ex-date.

It is always advisable to know the knowledge behind share issue, before start buying. It is not mean to con people but it is just a norm practice out there.

If you sell the OR, you are not entitled for the right issue + free warrant.

OR - is the right/form that enable you to buy the right + free warrant.

You must either subscribe or sell the the OR. As if you don't exercise the OR, then it just means you throw away RM200+ per lot OR you owned.

Bottom line if you see its mothershare will be going up, then subscribe surely gain you more and vice versa. Worth or not worth depended on its mothershare movement afterwards.

Let say if I buy 1 lot of OR yesterday, do I need to buy another 2 unit of green packet to entitle for the right issue(50 cent) + free warrant? Or I do not need to have the other 2 units of green packet share also entitle for the right issue?
I know it is late adi. Just would like to know more about OR and right issue so that in future I know which option I would like to take.

No, totally different issue.

OR mean you have the right to buy the offer (that's right issue + free warrant), has nothing to do with existing mothershare.

1 OR = 1 right issue + free warrant, in this case.