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Goldtron Rights Issued

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superboy
    08-Jan-2008 12:04  
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What is happening to Goldtron, got the money from warrant and rights and yet share price not moving up....where is the mony spent on?? Isn't the money been used to expand the business???
 
 
tiandi
    29-Nov-2007 08:51  
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loushare,

Yes, you can always get the details from sgx website, I just copy here to show all details.

Warrants / Convertible Securities
GOLDTRON LTD W101122

Last Date/ Time to submit Subscription Notice22 NOV 2010 05:00 PM
Listing Date27 NOV 2007
Expiry Date22 NOV 2010
Outstanding Balance1,128,698,621
Price ($) as at 2007-11-280.005
High for the year ($)0.005
Low for the year ($)0.005
High for the month ($)0.005
Low for the month ($)0.005
Exercise PriceSGD 0.01500
Underlying StockGOLDTRON LIMITED
Underlying Stock Price ($) as at 2007-11-280.015
Conversion Ratio1 share(s) : 1 warrant(s)
Cash ($)0.000
Premium/(Discount) (%) (Cash)33.33
Premium/(Discount) (%) (Bonds)
Gearing (x)3.00
Remarks
Warrant Agent 
NameBACS PRIVATE LIMITED
Telephone No.6323 6200
Fax No.6323 6990
Address63 CANTONMENT ROAD

SINGAPORE 089758


 
 
 
loushare
    28-Nov-2007 23:42  
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Is Goldtron W101122, the warrant that is just issued together with the right to subscribe ? 
 

 
Green8
    23-Nov-2007 22:33  
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When can the company venture into energy, water, gas and oil sectors? Observing the executive director how long he going to take to joint venture with China company/ies.  Would  he just eyeing China market only and no real action to carry out?
Poor performers should tender their resignation. Stand to be corrected.
Invest with care.


 

耳听 ? 分假眼见未为真.

企业要成功,  要选对人才.

 
 
tiandi
    23-Nov-2007 16:35  
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I am not vested, I just read this and just want to share information and learn something that could be useful for other Rights Issues.


Summary from what I read:  Total Max Rights for this issue is about 2,631 million. Valid Rights application about1,351 Million ( 51.3%) , Excess Rights applications about 907 millions (34.5%),  all Excess Rights that are valid were satisfied..

What I interprete was the interest to subscribed is LOW because:


1. Interest to subscribe is just 51.3%

2. Many of these went to subscribe EXCESS RIGHTS representing 34.5%, ALL FULFILLED!


3. As much as 14.2% (100- 51.3-34.5) or about 373 million is left NOT subscribed.



 
 
superboy
    23-Nov-2007 16:15  
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simplesimon
    04-Nov-2007 15:32  
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"Issue price of $0.015 for each rights share on the basis of one rights share for every one existing share held"

Does it mean that paying $0.015 for each rights share will get 1 share of goldtron (not the rights but the actual share) ?.. confusing terms.

"Together with one warrant for every two existing shares, each warrant carrying the right to subscribe one new ordinary share at an exercise price of $0.015 for each new share"

Does it mean that this warrant is the right which entitles us to subscribe at $0.015 for each new share, but at the meant time the warrant(or right) can be traded ? .. quite confusing!
 
 
StarLine
    03-Nov-2007 06:49  
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Got no money to invest in rights, lah.

Cause all money is invested in shares.

 

 
 
 
tchoonw
    02-Nov-2007 16:07  
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Will you exercise the rights? Please advise.
 
 
Green8
    26-Oct-2007 09:24  
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Hi see who wants to buy the right shares?  Drag and drag into wrong timing.
 

 
superboy
    18-Jul-2007 14:22  
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Green8,

 Goldtron   0.040 +0.005 +14.3 25,193 20,762 0.035 0.040 101,777 0.040 0.035
What about now? Is it going to choeng soon... the volume is growing....
 
 
Green8
    18-Jul-2007 09:42  
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Source told me no cheong yet. Look at the sell Q can confirm
 
 
superboy
    18-Jul-2007 09:16  
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 Goldtron   0.035 - - 13,278 6,717 0.035 0.040 81,860 0.035 0.035
81 milllion queue at 4 cts now....is Goldtron going to be the next penny stock to cheong??...
 
 
superboy
    10-Jul-2007 09:44  
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 Goldtron   0.035 - - 2,837 14,279 0.035 0.040 103,401 0.035 0.035 MFG
You can see there are 103mil Goldtron shares queue at 4 cents....the time is running out now...
 
 
superboy
    09-Jul-2007 16:01  
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FINANCIAL EFFECTS
Pursuant to Rules 1010(5), (6), (7), (Cool and (9) of the SGX-ST Listing Manual are set out
as follows:-
(i) Rule 1010(5) The book value of the Option Shares is S$15.694 million. The
net tangible asset value of the Option Shares as at 31 December 2006 was
S$22.111 million. The latest available open market value of the Option Shares at
the close of trading on 7 June 2007 was S$23.478 million.
(ii) Rule 1010(6) The proceeds of S$19.334 million exceeds the book value of the
Option Shares by S$3.64 million and the proceeds will be used to reduce bank
borrowings.
(iii) Rule 1010(7) The net profit attributable to the Option Shares based on
Radiance?s unaudited consolidated financial statements for the half year ended
31 December 2006 was S$1.614 million. The loss on disposal of the Option
Shares is S$2.777 million, representing the deficit of the proceeds of S$19.334
million over the net tangible assets of the Option shares as at 31 December 2006
of S$22.111 million.
(iv) Rule 1010(Cool and (9) For illustrative purposes only, based on the last
announced audited consolidated financial statements of the Company and its
subsidiaries for the year ended 30 June 2006:
(a) assuming the Disposal had been effected at the end of the Goldtron
Group?s financial year ended 30 June 2006, the net tangible assets per
share of the Goldtron Group as at 30 June 2006 would have decreased
by 14.8%;
(b) assuming the Disposal had been effected at the beginning of the
Goldtron Group?s financial year ended 30 June 2006, the earnings per
share of the Goldtron Group for the financial year ended 30 June 2006
would have decreased by 111.4%.


the most important is that goldtron have alot of cash if this deal succesful
 

 
superboy
    09-Jul-2007 14:27  
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 Goldtron   0.035 +0.005 +16.7 28,243 15,575 0.035 0.040 96,731 0.040 0.035 MFG


There are very heavy buying of this share now.... What is happening? 96.7 million shares queueing at 4 cents.

 
 
 
superboy
    28-Jun-2007 10:34  
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Goldtron is going into a put and call option agreement. It seems like it is going to be another centrillion shares...that the price goes up after the put and call option agreement is done.
 
 
cheongsl
    26-Jun-2007 23:01  
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This is the few company with share price so low but positive earning
 
 
Green8
    19-Jun-2007 13:24  
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Unable to break $0.4 cents. When the date of right issue be announced ? The company has weak or strong management team? Buy only if it has capable management team.
 
 
Green8
    15-Jun-2007 16:53  
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 Wawasan fy 2007, boleh?
 
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