drbhcom-ce

drbhcom  last five days closing price,

25-7-2011 = 1.95
26-7-2011 = 2.24
27-7-2011 = 2.25
28-7-2011 = 2.24
29-7-2011 = 2.24

5 days average = RM2.184,

exercise price of drbhcom-ce = 1.95 , conversion ratio = 2 for 1

(2.184 -1.95) / 2 = 0.117

drbhcom- ce shareholder only get back 11.7sen  per unit of drbhcom-ce.

above chart show start from May, drbhcom mostly trade within 2.20 - 2.30,

let us take it's mean  = (2.20 + 2.30) / 2 = 2.25

if 25-7-2011 no any trading error,

drbhcom- ce shareholder will get back

(2.25 - 1.95 ) / 2 = 0.15sen per unit of drbhcom-ce.

because of  the trading error, how much OSK save from it :

 issued drbhcom-ce = 90,000,000units

15sen - 11.7sen = 3.3sen

90,000,000 X 3.3sen = RM2,970,000,

on 25-7-2011, traded vol of drbhcom = 4,801,400,

assume tat all tis 4,801,400 share was  bought at price 2.28 (closing price on 24-7-2011  )

threw by trading error  at price 1.95 on 25-7-2011,

4,801,400 x  (2.28 - 1.95) = 4,801,400 X RM0.33 = 1,584,462

the loss of  trading error only cost RM1,584,462


but OSK can save about RM2,970,000.

Is it trading error?

call warrants

23-5-2011，  CIMB INVESTMENT BANK BERHAD  公布 TM-cm 
随着 telekom capital distribution 29sen 而调整  它的 Exercise Price 和 Exercise Ratio。
Exercise Price 从 3.20 调到 2.9763,
Exercise Ratio 从 3 warrants to 1 share  调到 2.7910 warrants to 1 share。

详情请看以下这 link:
http://announcements.bursamalaysia.com/edms/edmswebh.nsf/all/482576120041BDAA4825789900370F25/$File/TM-CM%20Ann%20Capital%20Distribution%20-%20110523%20_adjustmt_%20Final.pdf

可是今天 28-7-2011 刚才闭市过后， cimb 公布 tm-cm 的 cash settlement 如下，

We wish to announce that the TM-CM expired at 5.00 p.m. on 28 July 2011 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.


Cash Settlement Amount = Number of TM-CM x (Closing Price – Exercise Price) x (1/Exercise Ratio)

= Number of TM-CM x (RM4.0132 – RM3.20) x (1 / 3)

= Number of TM-CM x RM0.2711

The Closing Price of RM4.0132 is the arithmetic mean of daily volume weighted average market price of TM shares for the 5 market days prior to and including the market day immediately before the Expiry Date.

也既是说没调。

如果照调整过后的来算，

Number of TM-CM x (RM4.0132 – RM2.9763) x (1 / 2.7910)


= Number of TM-CM x RM0.3715

RM0.3715 - RM0.2711 = RM0.1004

少了 1 毛钱，不得了，本来每1000单位 tm-cm 可得 RM371.50,
可是现在只得回 RM271.10

是时候反弹了吧 ？

hiro

hiro-wa

mas

 

Homare Sawa

本屈女子足球世界杯冠军日本队的大功臣，

homare sawa

她个人得 4 料冠军，

1. fair play award,
2. golden ball,
3. golden boot,
4.world cup champion.


亚洲足球终于的了世界杯。

不枉我牺牲睡眠， 2.45am 爬起来看。

oskprop

osk 老板 ong leong huat 买 oskprop，

献购价是每单位 87sen.

oskprop-wb 是 6sen，

他的offer 日期是到 20-7-2011为止，


oskprop-wb 转换价 RM 1.25,  expire date= 30-9-2012

oskprop-wb 献购价才 6sen,

由于 offer 之前它都是在 10sen 以上交易，

手上有它的人大多数都亏, 不知是卖好还是不卖好，

笔者的身边朋友也有几个中枪，不知如何是好，纷纷询问笔者。

笔者研究了之后，左思右想，

发现结局有四种方式，

A。签名同意 6sen 卖掉，

B。20-7-2011前在市场以 6sen 或更高价卖掉。

C。拼到底，offer 日期过后，收购成功，被他硬生生以 6sen 吃去。

D。拼到底，offer 日期过后, 收购不成功， 在市场以更高价卖。

A, B, C 只是 6sen， D 就有机会超过 10sen，

所以奉劝手中有 oskprop-wb的人，坚持拼到底，希望它收购不成功，

20-7-2011过后在公开市场以更高价卖。

如果你手中持的是母股 oskprop, 20-7-2011过后它会飙上来，超过 90sen.

因为 oskprop 每股的价值远远超过 RM 1 .

还有最重要的一点，

 ong leong huat 有意要保留 oskprop 的上市地位，在他的 offer 书中有说明。


他的真正目的无非是想廉价夺取散户手中的票。

股息

hiro, hiro-wa split 2 units into 4 units, then bonus issue 1 unit for 4 units.

总而言之，2 粒变成 5粒。ex date : 6-7-2011


ncb 13-7-2011 ex dividend 59sen , less tax 25%.


sapind 18-7-2011 ex dividend 13.8sen, free tax


engkah 2-8-2011 ex dividend 7.5sen, free tax


kmloong 3-8-2011 ex dividend 7sen, free tax


股息，真好