tag:blogger.com,1999:blog-401742767867047481.post7995810088655573792..comments2024-03-28T18:36:46.828+08:00Comments on $$$ KPO and CZM $$$: Mistake on Rights Issue - CapitaLand Commercial TrustCZMhttp://www.blogger.com/profile/02040796250676928758noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-401742767867047481.post-8094301868883396232017-10-24T20:57:33.874+08:002017-10-24T20:57:33.874+08:00Hi Jon.W,
You are welcome! I have never encounter...Hi Jon.W,<br /><br />You are welcome! I have never encounter a full or no allocation. I guess I am fortunate enough to always get a bit to lower my average entry price. Hahahaha.KPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-18432584190920498432017-10-24T04:58:27.471+08:002017-10-24T04:58:27.471+08:00thank you!!
can i just ask your past experience on...thank you!!<br />can i just ask your past experience on excess rights, how often do you get it?Jon.Whttps://www.blogger.com/profile/08606968965712120140noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-16645030769219831302017-10-24T00:23:43.256+08:002017-10-24T00:23:43.256+08:00Hi Jon.W,
Yes, you are right. I guess you are onl...Hi Jon.W,<br /><br />Yes, you are right. I guess you are only limited by the capital you have. Hahaha. <br /><br />Yes, if the rights issue is very popular and fully subscribe. It is possible that one will not be given any excess.KPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-54008861980437110512017-10-23T06:01:09.299+08:002017-10-23T06:01:09.299+08:00can i ask if u r original shareholder, there is no...can i ask if u r original shareholder, there is no limit to the amount of excess rights u can apply?<br />the remaining excess rights to be given out to those applied will be those left unsold in the market right?Jon.Whttps://www.blogger.com/profile/08606968965712120140noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-18523243809760791672017-10-23T05:58:43.036+08:002017-10-23T05:58:43.036+08:00thank you!!thank you!!Jon.Whttps://www.blogger.com/profile/08606968965712120140noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-56282749191701440862017-10-19T20:24:39.721+08:002017-10-19T20:24:39.721+08:00Hi David,
I guess you are slightly confused. If o...Hi David,<br /><br />I guess you are slightly confused. If one cannot use the sold rights to apply for mother share, who will buy them? Let me give you some examples.<br /><br />1. Original shareholder was issue rights. He exercise the rights and he can apply for excess if he wants.<br /><br />2. Original shareholder was issue rights. He sold all his rights but he CAN still apply for excess if heKPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-11998474483195785552017-10-19T20:18:38.249+08:002017-10-19T20:18:38.249+08:00Hahaha. I small fry only. Big fish would not be bl...Hahaha. I small fry only. Big fish would not be blogging and sharing here. Jia you! Everyone starts small :)KPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-78551322238707966802017-10-19T11:44:14.977+08:002017-10-19T11:44:14.977+08:00Wao...big fish...no wonder. Thank you for your exp...Wao...big fish...no wonder. Thank you for your explanation :) Still long way to go for me :)climhttps://www.blogger.com/profile/08634880100529676311noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-17984773461356113912017-10-19T11:02:06.545+08:002017-10-19T11:02:06.545+08:00Hi all,
Correct me if I'm wrong. Once the righ...Hi all,<br />Correct me if I'm wrong. Once the rights has been renounced or sold away, not even the seller who still holds on to the mother share nor the buyer of the rights can apply. Simply put, only the entitled share holder to the rights can apply for excess. Once renounced or sold, it goes into the thin air.Anonymoushttps://www.blogger.com/profile/15150159671718248490noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-31258575160113628612017-10-17T20:42:57.884+08:002017-10-17T20:42:57.884+08:00Hi Choon Lim,
Yes, you are right but there is no ...Hi Choon Lim,<br /><br />Yes, you are right but there is no minimum fees for priority bank customers and we happen to be one since our portfolio/investment with them is > $200,000 :)KPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-67389267472209558872017-10-17T20:37:39.099+08:002017-10-17T20:37:39.099+08:00Hi Starbuc3,
1. Nope. I did not own any CCT share...Hi Starbuc3,<br /><br />1. Nope. I did not own any CCT shares before 29th September. I purchased the rights when it started trading from 4th October and eventually went on to exercise it.<br /><br />2. I purchased the rights at $0.28 + the exercise price of $1.363 would make my total cost to $1.643.<br /><br />Yes (dilution) and yes (decrease in DPU) especially when existing shareholder choose KPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-88206969061595933872017-10-17T09:52:36.240+08:002017-10-17T09:52:36.240+08:00Hi...May I know why is your brokerage fees so low?...Hi...May I know why is your brokerage fees so low? I thought SCB charges mininum $10 per transaction?climhttps://www.blogger.com/profile/08634880100529676311noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-88159792071280157462017-10-17T05:55:04.049+08:002017-10-17T05:55:04.049+08:00Hi KPO , can i ask a few question to learn from yo...Hi KPO , can i ask a few question to learn from your 1st hand experience. <br /><br />1. I assume you had to have the shares for CCT before 29 Sept, before you can exercise your subscription to the rights @ 1.363. <br /><br />2. If you had your shares after 29 Sept, you had to subscript to the rights @ 0.28 on top of the 1.363 which made your subscription cost to 1.643. <br /><br />Is my above Starbuc3https://www.blogger.com/profile/08087341324141121212noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-14316324390499976322017-10-17T00:19:54.457+08:002017-10-17T00:19:54.457+08:00Hi Jon.W,
Sure! After buying the rights at $0.28,...Hi Jon.W,<br /><br />Sure! After buying the rights at $0.28, I would need to subscribe/exercise the rights at $1.363 at no additional cost/commission. So the total cost would be $0.28 + $1.363 = $1.643 x number of shares.KPOhttps://www.blogger.com/profile/11839556977401200489noreply@blogger.comtag:blogger.com,1999:blog-401742767867047481.post-42285087796846390862017-10-17T00:02:33.459+08:002017-10-17T00:02:33.459+08:00Can u help me understand what happened after u bou...Can u help me understand what happened after u bought rights at $0.28? Does that mean ur cost is just $0.28 per share and u own capitaland trust shares?Jon.Whttps://www.blogger.com/profile/08606968965712120140noreply@blogger.com