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me too.........almost pengsan.........see 2.3cm document........
I think this is a reason why alot investors saw Rights issue all Run Road.................
Hi Sifu don't mind to share share after you go thru ........Kam Sia Sifu
guoyanyunyan ( Date: 07-Mar-2013 20:00) Posted:
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... receive a thick document (2.3 cm) about right issue ....
... going to be very busy tonight ....
Bottom liao 57.5-58
http://mystocksinvesting.com/category/singapore-stocks/china-fishery/
Shd the takeover not successful,this tights isuues will strengthen its financial position,if successful will be largest fishmeal producer
12 Apr 2013, I'll make payment for Rights Shares 12 April is the last day, best give some allowance.
When can I sell the share I hold originally? 21 March, the XR day or later, assume you want the Right Shares.... if timetable remain unchange...
22 Apr 2013, I can start selling Rights Shares bought? Yes.
When can I sell the share I hold originally? 21 March, the XR day.
... if timetable remain unchange...
sorry ah...real beginner
Read but without understanding...
Buy shares before 21 Mar 2013, 9am to be entitled.
28 March 2013, I'll get the related documents after this date from SGX
12 Apr 2013, I'll make payment for Rights Shares
19 Apr 2013, I'll get the Rights Shares
22 Apr 2013, I can start selling Rights Shares bought?
When can I sell the share I hold originally?
thanks...
guoyanyunyan ( Date: 03-Mar-2013 14:51) Posted:
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Hi! Bro starlene, u mean it will push up to $0.68 b4 the ex-right date?if yes, then i will buy more
starlene ( Date: 03-Mar-2013 13:14) Posted:
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Below is a brief timetable of the Rights Issue:
- 19 March EGM
- 20 March Last day for shares to trade on cum-rights basis
- 21 March Shares trade on ex-rights basis
- 25 March Books Closure Date
- 28 March Commencement of “nil-paid” rights trading on SGX-ST and despatch of OIS.
- 12 April Last day for acceptance and payment of Rights Shares
- 19 April Expected date for issuance of Rights Shares
- 22 April Expected date for commencement of trading of Rights Shares
bluepore ( Date: 03-Mar-2013 13:57) Posted:
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Please note that the Rights Issue is subject to, and the Books Closure Date is
conditional upon Shareholders’ approval for the Rights Issue being obtained at an
Extraordinary General Meeting of the Company to be held at Ballroom 1, Lobby Level,
Mandarin Oriental Singapore, 5 Raffles Avenue, Marina Square, Singapore 039797 on
19 March 2013 at 10.30 a.m. (Singapore Time).
starlene ( Date: 03-Mar-2013 13:14) Posted:
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Hi all, thank you for the insightful comments. I am a new investor and have a technical question: after being allocated rights after the book closure date of 25 March, within what period of time must I come up with the cash and exercise the rights, before the rights become expired?
Shd takeover not successful,China Fish will soar even higher,More $$ strengthen its position,but like in the past push more than doubled yr rights $$$,now at 58cts near its record low 53cts,will head higher,don't wait till march 19 buy buy b4 its AGM,I can assure will push up one...
starlene ( Date: 02-Mar-2013 14:36) Posted:
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Has the additional shares from rights subscription been injected into the market for trading alr?
Not yet.
Assuming if i buy the shares on Monday e.x 1 lot, do I get to enjoy the rights issue?
So long you buy before XR (ie 21 Mar) and hold on to it, you are entitle to the right.
There will be period where the right can be traded, we will know about the payment date by then.
flyfox ( Date: 02-Mar-2013 23:45) Posted:
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Sorry I am not too sure about rights issue,
Has the additional shares from rights subscription been injected into the market for trading alr?
I understand book closure date is 25 March...
Assuming if i buy the shares on Monday e.x 1 lot, do I get to enjoy the rights issue i.e. to buy one lot @ 0$.34 before 25 March ?
Date: 26-Feb-2013 13:53) Posted:
| The acquisition would be transformational, elevating China Fishery to become Peru’s largest producer, as well as among the world’s largest producers, of fishmeal and fish oil.
Peru is the largest producer and exporter of fishmeal and fish oil by volume in the world. A good deal? |
starlene ( Date: 02-Mar-2013 12:26) Posted:
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Starlene, you shall make $$$ from your purchase.
I shall subscribe to my rights & have also bought Pac Andes. Agreed with steadylar.
Unlikley will drop to its lowest point 53cts again..after ex rights theoretical ex price will be 46cts assumoing current mkt price 58cts(58+34)/2=46 which is unlikely gd chance of profit..come AGM 19 March will shot past 60cts again..bought 57-5-58cts accumulate for good profits..In 2008 after Lehman I bougfht at 60cts near current low..and 1 for 1 bonus after it shot past $1.20 ,and in 2009 bonus again 1 for 10..it went to $1.50 before slowly drifted downwards..I hve been eyeing this counter since listing in 2006 it went to $3.80 before....with the acquistion will be beneficial for the co
some kay kiang investors .........always buy in super green thus panic sell in red...........
ecly hooked by market sentiments.........so called Tikam Buta...... some more worst even dont know
the basic of investment but post like Tua Sifu.........
guoyanyunyan ( Date: 01-Mar-2013 16:08) Posted:
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... base on today performance... the jitter due to right issue is over ...
... worst is over ....
.........?.....
News is positive, definitely elevating china fishery into a world player, however current mkt weakness is causing investors to stay aside, also to flush out those contra players and those not keen to apply rights. For those who are invested, stay the mid to long term, will propel china fishery price up and up because the gain in profits will be reaped in the next few qtrs. Raising funds thru rights is better than to borrow or issue ocnvertible bonds which incurr a high interest. Good management.
Blanchard ( Date: 26-Feb-2013 13:53) Posted:
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Friend was saying largely due to Rights issuance causing it to dip