YoYO

i am entitled for TMI rights..

when do i have to pay for the TMI offered rights?

how will i know whent he rights are out?

yeap..

then how do i make the payment? usually what's the process to pay for the rights?

we are GAMBLERS!

let's get back on track with our fishy gathering

dun u have always have the thought..

'aiya SHOULD HAVE bought'

IOIcorp lingered aroudn 3.6 for quite long dy... then suddenly goes up everyday..

just like genting... why why

take 10k, and put in most of the counters.close eye. wait

u think IOICORP will surge past 5 ?

i am waiting for rights allotment.. can't sell. lol

KNM also going far away...

TMI would fly up tomorrow...

AXIATA-OR will be 1.77-1.21 = 0.56

when did you buy? before ex-date or after?

if after, yes you have paper loss of 0.37
if before, then tomorrow you have the option to buy 4 shares for every 5 you have, so if you have 1000 units, they will offer you 800 units at price RM 1.21 each (fixed during rights issue announcement)
so in the end you hold more shares in hand but invested more also, no loss or gain

if u buy axiata-or tomorrow, it won't convert, you have to pay for the mothershare when the OR expires.
correct me if i am wrong anyone, if he buys 500 units of axiata-or (500X0.56[assumption axiata-or price tomorrow], when it expires, he has to fork out 500X(eg. 1.61 price of axiata mothershare after expiry date)?

This post has been edited by taikin: Apr 15 2009, 12:46 AM

again, when did you buy, before 8th april or after?

i am also new to the rights issue and i also hold axiata shares, but this is what i gathered so far.
and there should be a letter flying to you soon apparently, to advise on how to bank in money to buy the issued rights

so you are losing 37 cents, if axiata opens at 1.5X tomorrow..

if you buy before 8th April (ex-date), you are entitled to buy 4 shares for every 5 you hold at rm 1.21

if you buy the OR tomorrow, so if u buy OR at (0.56 X 1000), that's RM 560. After the OR expires, and if mothershare is Rm 2.00 that time, you gotta pay another (2.00 X 1000) = RM 2000

so total you have to pay is.. RM 2560

is that right.. macam wrong haahahah

haha KNM is again flying up high, anyone know sh reason?
goreng?

okay okay goign down.. down

quiet down.. going to have lunch is it?

same here