Axekay
2021-06-25

# SGX Stocks Opportunities

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  • HBONG
    ·2021-06-26
    after rights issue, total shares outstanding of about 31 billion, this is comparable to shen yao’s 32 billion shares outstanding
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    • Axekay: 
      I see, thanks for sharing!
      2021-06-26
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  • solistice
    ·2021-06-26
    It’s a major share dilution. 3 Rights shares tor every 2 owned.TERP is around 0.12.[Facepalm]
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    • Axekay: 
      I see. Seems like the price will fall near or below 0.12 then. Thank you for sharing!
      2021-06-26
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  • edgetrader
    ·2021-06-25
    There a lot of shortists, trying to sell the shares down and then buy back much lower. There are also many panic sellers when they see the price goes against them.
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    • Axekay: 
      I see.. thank you for sharing your insights!
      2021-06-25
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  • TYen
    ·2021-06-25
    they are issuing rights to part fund operations
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    • Axekay: 
      but SIA also previously did lots of rights issues and the share price didnt plunge as significantly....
      2021-06-25
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    • AxekayReplying toTYen: 
      true. thank you for the insights!
      2021-06-25
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    • TYenReplying toAxekay: 
      SIA's shares may be diluted and if that happens, its years away. investors prob feel less at risk.
      2021-06-25
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  • thianleng
    ·2021-06-25
    Shares dilution
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    • Axekay: 
      but SIA previously also did rights issue yet their share price didnt plunge as drastically. - 27% is... too scary
      2021-06-25
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  • edgetrader
    ·2021-06-25
    There are also many that couldnt afford to come up with more cash to subscribe to the rights. This is the second rights issue in less than a year.
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  • EunJung
    ·2021-06-25
    Yes, Wat happen?
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