If send by Emails, do not need postman, maybe postmaster.

Still can sell without form, just call your stock broker.

Now maybank or offer me 600 share to me. Already in my share porfolio. Should I sell it now or hold for few days more? I m not intend to keep it as my calculation, it is not worst. Now at 2.74+1.08=3.82.

This post has been edited by ozak: Apr 7 2009, 02:00 PM

Hmm..3.82..52 weeks low at 3.7...good buy or not ? can it double in 2 years ?

The 52 wks low didn't dilute the rights one, real one might be even lower. Buy or not base on personal judgment & risk appetite. I bought.

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Added on April 7, 2009, 4:42 pmIf can send by e-mail better, in Singapore can subscribe rights using atm, much hassle free...

This post has been edited by htt: Apr 7 2009, 04:42 PM

Don't use this kind of data to judge, very dangerous and misleading.

Citi highest 52 week 6x.xx, lowest 0.99 so 3x.xx is a good price?

Hee..thanks sifuu...i think i will buy the rights..close today @ 1.06..mother share now trade at 3.92...if i buy rights i'll get mother share @ 3.80...thats 12 cents = 3% discount (for the hassle of suscribing the rights then convert to mothershare)...am i right ?

Yup. However, you won't know what happens after the rights issue has been completed. Say that you bought at RM1.06 (RM3.80) but after completion of the rights issue, the mothershare drops further to RM3.50....... Of course, it can go the other way....

Yes, you are right.

If you are not too fussy, RM 1.05 can buy some other good counter ( at mother share level ).

Some more, do not need to subscribe for the right. So can do more leverage.

Nothing is for sure, except both have risks.

I have 2000 units of Maybank, so by right I am entitled for the 900 units right offer...can I contact my trader to buy the 900 at 2.74 and sell at the market rate ? I don't mind not averaging down my purchase price cause I am keeping this for the long term and I should be able to earn about 1k from the rights offer.

Guess you can do that, but you are selling your mother share before the rights exercise completed...

May I know what is this Maybank-OR . Am I suppose to use this counter instead for the 900 rights offer?

http://www.theedgemalaysia.com/business-ne...arly-trade.html



This post has been edited by GregPG01: Apr 8 2009, 12:10 AM

dun know wat u all talking bout just play stock not long ago
but i wanted to know that is that this OR have limited period?

That's the rights you entitled, once you sold that then you cannot exercise your rights anymore.

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Added on April 8, 2009, 6:43 am4) The Rights cease quotation : [ 14 April 2009 ]

This post has been edited by htt: Apr 8 2009, 06:43 AM

Maybank-OR is the rights that are traded in the open market. If you were holding maybank shares prior to this, you would have the rights to buy the rights issue. If you did't want to buy the rights issue, you can try to sell your rights issue on the open market. The selling/trading of the rights issue is the Maybank-OR.

Yup. 1 week trading period. Those that hold maybank shares and have the rights to buy the rights issue would have 3 choices:
1) Take up the rights
2) Sell the rights in the open market (that means sell the Maybank-OR on the open market)
3) Don't take up the rights (which is NOT recommended!)

Edit : @htt - wah! You also wake up so early aaa..... me sooooo sleepy.....

This post has been edited by kmarc: Apr 8 2009, 06:46 AM

I have no choice mah, I always want to sleep until wake up naturally

Will place the queue to sell the 900 units at the Maybank-OR to lock it down...

This post has been edited by GregPG01: Apr 8 2009, 08:46 AM

Yes, but check your account to be double safe

Ex-date of right issue is 31 March...

1k purchased long time back and another 1k was purchased on 30-Mar-2009. Should be entitled right ?

Theoretically yes.
Anyone got the form liao?

@ htt and kmarc... thanks

but today there is something that i m not understand and need some clarification...

yesterday my broker call me regarding the right and i decided to sell, then i order her to sell the 450 units at 1.04...
so i just received rm468 today

strangely today i received a letter, if i sell my share i should be entitled an amount of rm1.2k but now i just only got rm468

how?