HBONG
2021-09-03

$SEMBCORP MARINE LTD(S51.SI)$For those who hold very little mother shares, and do not want to exercise the rights, but selling the rights incurred high brokerage fees, then an alternate solution is to sell away your mother shares at $0.086 and exercise your rights at $0.08 to bring you back to the same amount. You will gain $0.006 per share with this method. This method is a bit more complicated and maynot be suitable to everyone. DYODD.

SGX Stocks Opportunities
Share SGX companies' analysis and opportunities with Tigers!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Coffeenuts
    2021-09-03
    Coffeenuts
    but if my mother share was at $0.111 does it still make sense considering the loss?
    • adamkok94: 
      k
    • 来真的ReplyTJ88: 
      This is one way to subscribe the right issue when lack of cash. By selling mother share at higher price and use it to buy more rights which is cheaper
    • HBONG: 
      Say u have 10k mother shares at $0.111, u sell 10k shares at $0.086, then use the money to exercise 10k rights at $0.08, your average cost will become 10k shares at $0.105, ignoring brokerage fees
    • TJ88: 
      0.111 corresponds to 0.0924 after weighted averaging witH the rights.
  • Tracylibra
    2021-09-05
    Tracylibra
    请问一下，我持有5000张，派我7500，但 如果我什么都不动结果是不是完了？
    • Tracylibra: 
      如果是你，你会怎么做？?我是新手?
    • Tracylibra: 
      谢谢你的资讯??
    • HBONG: 
      7500 rights x $0.002 = $15
      如果交易佣金是$5，还可以拿回$10，比不动还好
    • HBONG: 
      卖 5000 x $0.086 = $430 （扣交易费）
      认购附加股 5000 x $0.08 = $400 (扣手续费）
      2500附加股作废
  • bertbrain
    2021-09-23
    bertbrain
    Didn't know this. Thanks for sharing
  • Timsum
    2021-09-09
    Timsum
    apply more excess shares to average down cost price
  • Tracylibra
    2021-09-05
    Tracylibra
    请指点迷津?
  • Dineshbinjon
    2021-09-10
    Dineshbinjon
    fhingahsj aksva
Leave a comment
92
5