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(07-05-2013, 01:33 PM)Drizzt Wrote: i am wonder if bonus issue will increase market cap. market cap should stay the same sans any cash dividends paid out.
Can u cite any example on SGX where a bonus issue didn't result in an increase in mkt cap? I would be interested to know, 'cos I've only seen an incr so far. Thx.
(07-05-2013, 02:38 PM)Musicwhiz Wrote: Another factor is the performance of the acquisitions - I tend to be rather skeptical of one good quarter and will not extrapolate it further.
NMS's Robin King already said:
"I do caution that although large integrated projects have driven this improved quarter, projects of this nature and duration are somewhat infrequent and tendered in a very competitive market.
Source: http://www.neptunems.com/sites/neptunems...202013.pdf
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(08-05-2013, 01:23 PM)lanoitar Wrote: (07-05-2013, 01:33 PM)Drizzt Wrote: i am wonder if bonus issue will increase market cap. market cap should stay the same sans any cash dividends paid out.
Can u cite any example on SGX where a bonus issue didn't result in an increase in mkt cap? I would be interested to know, 'cos I've only seen an incr so far. Thx.
HU AN CABLE HOLDINGS LTD. BONUS 23 Jun 2011 27 Jun 2011 OFFER OF 3 FOR 10
BROADWAY INDUSTRIAL GROUP LTD BONUS 13 May 2011 18 May 2011 OFFER OF 1 FOR 1
KOON HOLDINGS LIMITED BONUS 17 Dec 2010 21 Dec 2010 OFFER OF 1 FOR 1
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Hi,
would just like to ask, if i am holding 6 lots for MTQ, would i be disadvantaged as I will only get 1 bonus share, or would i get 1.5 bonus share instead? thanks
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(08-05-2013, 01:46 PM)financiallyfree Wrote: Hi,
would just like to ask, if i am holding 6 lots for MTQ, would i be disadvantaged as I will only get 1 bonus share, or would i get 1.5 bonus share instead? thanks
If you are holding 6 lots you will get 1.5 lots as bonus shares, so total you will have 7,500 shares.
In no way would you be "disadvantaged".
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oh ok, i understand. thanks for clarifying!
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(08-05-2013, 01:47 PM)Musicwhiz Wrote: (08-05-2013, 01:46 PM)financiallyfree Wrote: Hi,
would just like to ask, if i am holding 6 lots for MTQ, would i be disadvantaged as I will only get 1 bonus share, or would i get 1.5 bonus share instead? thanks
If you are holding 6 lots you will get 1.5 lots as bonus shares, so total you will have 7,500 shares.
In no way would you be "disadvantaged".
but selling 500 shares is a problem
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(08-05-2013, 03:18 PM)Kelvin Wrote: but selling 500 shares is a problem
There is an odd lot market for platforms such as POEMs. You can easily sell there though liquidity may be lower and you may suffer a wider bid-ask spread.
You can also choose to sell together with your main lots, so that the trades are consolidated and you only pay a combined brokerage fee on the total proceeds.
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(08-05-2013, 03:18 PM)Kelvin Wrote: (08-05-2013, 01:47 PM)Musicwhiz Wrote: (08-05-2013, 01:46 PM)financiallyfree Wrote: Hi,
would just like to ask, if i am holding 6 lots for MTQ, would i be disadvantaged as I will only get 1 bonus share, or would i get 1.5 bonus share instead? thanks
If you are holding 6 lots you will get 1.5 lots as bonus shares, so total you will have 7,500 shares.
In no way would you be "disadvantaged".
but selling 500 shares is a problem
I am not certain whether this will take place - but recent companies that issued bonus shares (ARA, Haw Par) had a temporary odd lot trading counter to enable people to sell / buy odd lots for 1 month after the bonus shares are issued.
Alternatively, just increase your shareholding on the last CB date to get the whole number of bonus shares and then dispose of it when it XB the following day. Though there will be transaction cost (and potential capital gain or loss).
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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(08-05-2013, 03:27 PM)Nick Wrote: (08-05-2013, 03:18 PM)Kelvin Wrote: (08-05-2013, 01:47 PM)Musicwhiz Wrote: (08-05-2013, 01:46 PM)financiallyfree Wrote: Hi,
would just like to ask, if i am holding 6 lots for MTQ, would i be disadvantaged as I will only get 1 bonus share, or would i get 1.5 bonus share instead? thanks
If you are holding 6 lots you will get 1.5 lots as bonus shares, so total you will have 7,500 shares.
In no way would you be "disadvantaged".
but selling 500 shares is a problem
I am not certain whether this will take place - but recent companies that issued bonus shares (ARA, Haw Par) had a temporary odd lot trading counter to enable people to sell / buy odd lots for 1 month after the bonus shares are issued.
Alternatively, just increase your shareholding on the last CB date to get the whole number of bonus shares and then dispose of it when it XB the following day. Though there will be transaction cost (and potential capital gain or loss).
(Not Vested) Or you can apply for excess rights to make up 1 lot for your odd lot. i think most company issuing rights "favour" odd lot applicants to make up 1 lot. i have been successful most of the time, when i try. (i think company wants their shares to be actively traded also.) But you are responsible for your own action.
Not Vested!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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(08-05-2013, 04:11 PM)Temperament Wrote: Or you can apply for excess rights to make up 1 lot for your odd lot. i think most company issuing rights "favour" odd lot applicants to make up 1 lot. i have been successful most of the time, when i try. (i think company wants their shares to be actively traded also.) But you are responsible for your own action.
Not Vested!
Temperament,
It is a bonus issue.
Thanks.
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