Post Reply
4021-4040 of 4826
Not sure, so far thru my experience in Chartered, excess rights are given to those who have odd lots to make it to one more lot i.e. 1000 shares as Chartered was oversubscibe.For those shareholders who did not subscribe to their rights, I guess it will be given to those other shareholders who want to buy over their rights as these gap will need someone to fill it.
I don't see why eligible shareholders would not sell their rights in the open market unless they totally forgot about it or did not even realise that they were given the rights to buy at a discount.
In this case, getting NOL's excess rights is of slim chance, if it is over subscribe.
Am I right to say that there would only be excess right available when there are investors who didnt subscribe at all? Or there are catered extra rights for excess right to ballot ?
Thank you
Eddyson ( Date: 08-Jun-2009 12:35) Posted:
|
My wife got 10 lots & will subscribe to the rights issue but does not want to apply for excess rights.
Guess I can take this opportunity to apply for the excess rights at $1.3 for long term investment.If price at XR is lower than $1.3 (which is not possible), can average down to increase my holdings.
1.65 -1.7 is considered GOOD when CR comes.
dealer0168 ( Date: 08-Jun-2009 11:30) Posted:
|
CR not yet....
$1.50 quite low (rem. the RIGHT is at $1.30). A very good entry pt, but i doubt will get to there.
Let continue monitor.
can anyone suggest an entry price for NOL now? I looking at 1.5..possible?
Yup latest by this weekend. They must ride on this curent wave .. haha..
btw TM deem NOL as strategic assetment so they will keep this baby trimmed and proper haha.. no worries!!
CR should be this week lo .... 11 or 12 ???
possible ! cos I monitor the stock very closely and see nonsense like 167 buy, 1.68 sell. The person just sell at 1.67 and it is 300 lots one shot then i see fear around already .. kept selling haha ... BBs big play. Time to collect them.. BBs know when is CR haha?
CR date is due soon ?
Could it be possible that the BB drive the price low so that they can then collect stealthly?
NO news .. but Tmr is a GOOD day :)
When is the CR date. No updates yet. U got any idea when.....
matthewsoh ( Date: 05-Jun-2009 16:36) Posted:
|
yup. ... NOL should by "right" go up in price , next week i guess when CR is there BIG BIG!
Very strange phenomenon, CR around the corner, and also just after Phillips Security made the Buy recommendation?? Write up in Business times. Got caught badly. Do not know whether to go in again to average out. Went in twice already when the price slid.
Monitoring the stock whole day , can see some spectular puprosely sell down by selling one lots to lower the price . Also see some BB sell 100lots at a time just to offload the shares. Scary man ... This stocks has great potential to soar cos of CR , take this opportunity to win back the Bonus loh... I three YEAR no bonus !! haha self employed!
maybe wait for details abt the rights to be out first.....plus maybe civil servants's July windfall gone.
what happen to NO L ? profit taking ?
Friday June 5, 12:21 AM
The first cargo ship directly linking Vietnam and the United States -- Vietnam's biggest export market -- set sail Thursday, the shipping firm and a port worker said. The worker at the new Saigon Port-PSA terminal in southern Vietnam said the APL Denver had left on its 15-day journey to the US west coast city of Seattle. It is the "first ever direct service to the US" from Vietnam, APL spokesman Paul Barrett told AFP, adding that US-bound cargo from Vietnam was previously routed through Singapore. The service began days after the Saigon Port-PSA facility opened, becoming the first deepwater container terminal serving the southern commercial hub of Ho Chi Minh City, said APL, a unit of Singapore-based Neptune Orient Lines. "With this port, the first direct shipping service from Vietnam to North America is possible," Vietnam's deputy transport minister, Tran Doan Tho, was quoted as saying in the state Vietnam News at the weekend. Previously, Vietnam's exporters relied on small feeder vessels to connect with larger ships for access to the world's major consuming markets, APL said. The shipping firm's president, Eng Aik Meng, has said the start of a direct US service is recognition that Vietnam "is delivering on its commitment to modernise transportation infrastructure, such as state-of-the-art port facilities capable of handling large deepwater containerships." Officials and industry figures attended a ceremony Wednesday to launch the weekly service, which will run from the new port on the Cai Mep River in Ba Ria-Vung Tau province. "At a time when trade is contracting across the world, Vietnam is among a select few countries that expects to record export growth in 2009," APL senior vice-president for pan-American trade Bob Sappio said at the ceremony, a company statement said. Barrett told AFP the first ship was "pretty full" and the company had met its expectations. Products from global sportswear maker Nike were among those loaded on to the APL Denver, which carries 53-foot (15.9 metre) containers instead of the standard 40-foot version, APL said. The US and Vietnam fought a war in the 1960s and early 1970s but economic ties have been restored and grown since the US lifted a trade embargo in 1994 and normalised diplomatic relations a year later. Preliminary government data released last month showed that in the first three months of this year, Vietnam's exports to the US were valued at more than 2.3 billion dollars. Its second biggest market was the European Union, at more than 2.2 billion dollars. The Washington-based US-ASEAN Business Council, which represents more than 100 US companies, said on a visit to Vietnam recently that the US is on track to become Vietnam's leading foreign direct investor within three years. The new port is a joint venture between Saigon Port, Vietnam National Shipping Lines and PSA Vietnam, a wholly owned subsidiary of Singapore port operator PSA International.
Source : Yahoo
First cargo ship sails on direct Vietnam-US route: port
The first cargo ship directly linking Vietnam and the United States -- Vietnam's biggest export market -- set sail Thursday, the shipping firm and a port worker said. The worker at the new Saigon Port-PSA terminal in southern Vietnam said the APL Denver had left on its 15-day journey to the US west coast city of Seattle. It is the "first ever direct service to the US" from Vietnam, APL spokesman Paul Barrett told AFP, adding that US-bound cargo from Vietnam was previously routed through Singapore. The service began days after the Saigon Port-PSA facility opened, becoming the first deepwater container terminal serving the southern commercial hub of Ho Chi Minh City, said APL, a unit of Singapore-based Neptune Orient Lines. "With this port, the first direct shipping service from Vietnam to North America is possible," Vietnam's deputy transport minister, Tran Doan Tho, was quoted as saying in the state Vietnam News at the weekend. Previously, Vietnam's exporters relied on small feeder vessels to connect with larger ships for access to the world's major consuming markets, APL said. The shipping firm's president, Eng Aik Meng, has said the start of a direct US service is recognition that Vietnam "is delivering on its commitment to modernise transportation infrastructure, such as state-of-the-art port facilities capable of handling large deepwater containerships." Officials and industry figures attended a ceremony Wednesday to launch the weekly service, which will run from the new port on the Cai Mep River in Ba Ria-Vung Tau province. "At a time when trade is contracting across the world, Vietnam is among a select few countries that expects to record export growth in 2009," APL senior vice-president for pan-American trade Bob Sappio said at the ceremony, a company statement said. Barrett told AFP the first ship was "pretty full" and the company had met its expectations. Products from global sportswear maker Nike were among those loaded on to the APL Denver, which carries 53-foot (15.9 metre) containers instead of the standard 40-foot version, APL said. The US and Vietnam fought a war in the 1960s and early 1970s but economic ties have been restored and grown since the US lifted a trade embargo in 1994 and normalised diplomatic relations a year later. Preliminary government data released last month showed that in the first three months of this year, Vietnam's exports to the US were valued at more than 2.3 billion dollars. Its second biggest market was the European Union, at more than 2.2 billion dollars. The Washington-based US-ASEAN Business Council, which represents more than 100 US companies, said on a visit to Vietnam recently that the US is on track to become Vietnam's leading foreign direct investor within three years. The new port is a joint venture between Saigon Port, Vietnam National Shipping Lines and PSA Vietnam, a wholly owned subsidiary of Singapore port operator PSA International.
Source : Yahoo
is today price an entry point??