tag:blogger.com,1999:blog-7944902213075756335.post3503151237323207834..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): REITs and rights issues: Good at the right price.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-7944902213075756335.post-61881076671908295672018-05-19T11:38:53.134+08:002018-05-19T11:38:53.134+08:00Reader says...
Hi AK,would you be able able to sha...Reader says...<br />Hi AK,would you be able able to share your experience on the application of excess rights?<br />Is there a "formula" which would allow us to obtain the most number of shares? Do we be greedy and apply for as much as we can stomach (and hope that we will be given these shares) or we should be realistic and apply for reasonable number of excess shares.<br /><br /><br /AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44082518228654127352017-10-12T10:37:49.045+08:002017-10-12T10:37:49.045+08:00Hi KW,
The decision making process beyond the rou...Hi KW,<br /><br />The decision making process beyond the rounding up of odd lots and who are eligible really isn't transparent.<br /><br />Sometimes, small holders get a higher percentage. Sometimes, big holders.<br /><br />For one of AA REIT's rights issue many years ago, when I collected feedback from readers, the big holders were the ones who benefited more.<br /><br />Congratulations AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28156658474049194542017-10-12T10:33:11.923+08:002017-10-12T10:33:11.923+08:00try 50 per 100 but both my wife and me got 36.25 p...try 50 per 100 but both my wife and me got 36.25 per 100<br /><br />think it depends on the numbers of units you hold, small timer like less then 10 lots of mother share will get a higher excess rights application?KWhttps://www.blogger.com/profile/07941053761217363770noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-893303625054384022017-10-11T21:04:58.704+08:002017-10-11T21:04:58.704+08:00Hi LTB,
Good to know that someone is luckier than...Hi LTB,<br /><br />Good to know that someone is luckier than I am. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23697704722656424842017-10-11T21:01:31.797+08:002017-10-11T21:01:31.797+08:00I got 42.5 per 100 instead of 18 per 100.I got 42.5 per 100 instead of 18 per 100.little toy brushhttps://www.blogger.com/profile/10989931119048302253noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49244081467617898902017-10-11T20:34:37.703+08:002017-10-11T20:34:37.703+08:00Nigel Lim:
Just curious - how do we subscribe to ...Nigel Lim: <br />Just curious - how do we subscribe to excess rights? Through ATM as well?<br /><br />AK:<br />Yup. The ATM will ask how many rights we are accepting and how many excess rights we are applying for.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91739654674603615352017-10-11T20:30:07.762+08:002017-10-11T20:30:07.762+08:00Then, it could be just dumb luck on my part. ;pThen, it could be just dumb luck on my part. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52607124052426812432017-10-11T20:25:54.269+08:002017-10-11T20:25:54.269+08:00Other than the 100% of my entitlement, I applied 3...Other than the 100% of my entitlement, I applied 300% for the excess, but only got 5%. I applied thru SCB, not sure if the bank allocate correctly!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28686560093559534482017-10-11T20:12:43.822+08:002017-10-11T20:12:43.822+08:00Always apply for many more excess rights if we thi...Always apply for many more excess rights if we think that a rights issue is priced attractively.<br /><br />For example, in a rights issue by IREIT Global, I received almost 78% more than my entitlement.<br /><br />I was entitled to 1,575 rights. On top of this, I applied 20,425 excess rights. <br /><br />I was successful in getting a total of 2,800 units.<br /><br />See:<br /><a href="http://AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45728222369303983952017-10-11T20:04:01.755+08:002017-10-11T20:04:01.755+08:00Hi gupigug,
If you have paid for your rights, the...Hi gupigug,<br /><br />If you have paid for your rights, they will become regular units automatically. <br /><br />For this rights issue, I got a bit more than 25 for 100 shares instead of 18 for 100 shares.<br /><br />On top of accepting my rights entitlement, I applied for 200% more rights in the excess rights category.<br /><br />So, I was trying for 54 for 100 shares.<br /><br />Of course, I AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18419090194039528262017-10-11T18:04:43.269+08:002017-10-11T18:04:43.269+08:00Hi AK,
I paid for the rights but do i have to do ...Hi AK,<br /><br />I paid for the rights but do i have to do anything for it to convert into shares?<br />Also since it was a 18 for 100 shares, how did you manage to purchase 40% extra? pay more and hopefully, wont get refunded so you get shares instead? a bit confused by the whole process. <br />Thanks!<br />GuAnonymousnoreply@blogger.com