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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Another way money making(Additional shares)

Another way money making(Additional shares)

+2
dineshfernando
Jana
6 posters

Go down  Message [Page 1 of 1]

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

I applied additional shares for BIL. Do you think we can get it or not?

this is another way to make money apart from trading(buy and sell ).
When the stock has good cap between ordinary and Rights issue then we can buy only 100 shares from the market then you will receive the rights paper annex with additional share application. So if you think about more potential to get the addition shares then we can apply.

I really expect from BIL more additional shares because BIL has huge amount of shares so company doesn't like to take those all ( I expect)

So if we get for BIL then our cost is 1.25 only today BIL's market price 1.60 at least we can sell more than 1.50 so 20% sure profit

But only one negative point is not sure the investment ..
if they didn't offer the additional share then waste of investment for that time period.

I hope I will get it.

Note: I am sharing this information here for you guys to future investment if any one think this is good. I am sorry this is too late for bil but you guys apply for ASCO as well. if you can get for additional then you will get free warrants with that as well

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Wrong. The rights for BIL is 1 for 1. This will result in a major supply of BIL shares when the rights gets listed. As a result the share price will crash. It may come below 1.25.

Personally I don't want to invest in BIL since it's a loss making company and did not declare a dividend for the last 3 years.

We are having sooooo many valuable shares in the market so why buying BIL? Better go with companies which has earnings growth and good dividend policy.

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

dineshfernando wrote:Wrong. The rights for BIL is 1 for 1. This will result in a major supply of BIL shares when the rights gets listed. As a result the share price will crash. It may come below 1.25.

Personally I don't want to invest in BIL since it's a loss making company and did not declare a dividend for the last 3 years.

We are having sooooo many valuable shares in the market so why buying BIL? Better go with companies which has earnings growth and good dividend policy.

you right it can be huge selling pressure after issue rights.. but I think still compare with trading price I am buying 33% discount price so I don't loose at least I can cover.. all are expectation with trend so I try

buy whole Idea is try to say if you have chance then work out and apply additional shares help to make another way make money.

I mean it this good " to apply for additional share not BIL

how about ASCO ???

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

you are right jana Good for apply Additional shares

piyalpy


Manager - Equity Analytics
Manager - Equity Analytics

we will see what will happen who is predicted correctly...  Smile

NZ BOY

NZ BOY
Moderator
Moderator

dineshfernando wrote:Wrong. The rights for BIL is 1 for 1. This will result in a major supply of BIL shares when the rights gets listed. As a result the share price will crash. It may come below 1.25.

Personally I don't want to invest in BIL since it's a loss making company and did not declare a dividend for the last 3 years.

We are having sooooo many valuable shares in the market so why buying BIL? Better go with companies which has earnings growth and good dividend policy.

this is a good share for long term investment

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If someone is thinking about fresh entry to this share is advised to wait until the rights are come to the market.

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