Posts: 36
Threads: 5
Joined: Nov 2010
Reputation:
1
Hi all, need a bit of your help
I just got a DRP Reinvestment notice from Cambridge. However, the issue price for each share is higher than the current price for Cambridge.
Will the issue price change to account for this? Or should I just not bother with this round?
Thanks
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
Is the question directly related to Cambridge Industrial Trust in SGX?
Regards
Moderator
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
Posts: 328
Threads: 20
Joined: Apr 2012
Reputation:
8
From what I know, generally the issue price is fixed, so, it makes more sense to just buy it from the market.
However, if you factor in buying cost, for small holdings, it makes more sense to obtain through DRP.
However, for large holdings, it makes more sense to buy from market
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
Posts: 393
Threads: 5
Joined: May 2013
Reputation:
10
Generally for DRP, unless u are buying off custodian operator (eg Stdchrt), the minimum market purchase costs of $25++ will usually outweigh the DRP pricing difference. Exception is if you really own a lot of shares, if the share price difference is too large or if u are using custodian. The issue price is fixed. Of course, you can always give DRP a miss.
I had this same academic exercise recently and decided against DRP for this quarter.
Sent from my D5503 using Tapatalk
Homepage
PR Newswire
