Healthway Medical

Pharoah88
Offline
Elite Member

14 years 3 months ago #2584 by Pharoah88

Replied by Pharoah88 on topic Re:Healthway Medical

BUY Healthway Rights at S$0.09 NOW. S$0.09 + S$0.075 = S$0.165 for shares. It is Extremely Difficult to BUY Healthway shares at S$0.165. The UPside ADVANTAGE is S$0.005 (3.03%). Moreover the brokerage is cheaper. Usually the Rights are priced at a PREMIUM. NOW it is priced at a DISCOUNT due to confusion. Those who QUEUE to BUY shares at S$0.165 can NOW BUY the RIGHTS at S$0.090 to achieve the same GOAL.

Please Log in or Create an account to join the conversation.

neontet
Visitor

14 years 3 months ago #2587 by neontet

Replied by neontet on topic Re:Healthway Medical

The stock is no longer a bargain at 19X PE. If you are looking for stocks going for a song, consider Techcomp, or Sinotel, or Adampak, or Design Studio. Just my 2 c worth. :laugh:

Please Log in or Create an account to join the conversation.

raymtoh
Offline
New Member

14 years 3 months ago #2588 by raymtoh

Replied by raymtoh on topic Re:Healthway Medical

why do i have to add 0.075? Can I check if im allocated to the rights as Im existing shareholder, confirm i only need to pay 0.075 and this will be converted to shares to trade?

Please Log in or Create an account to join the conversation.

neontet
Visitor

14 years 3 months ago #2589 by neontet

Replied by neontet on topic Re:Healthway Medical

As a shareholder, you will receive 1 right share for every 5 ordinary shares. You can sell the rights share now, or before they expire. If you want to convert the rights into ordinary shares, you have to pay 7.5 c per rights share. So for one 1000 rights shares, you pay $75. U must take action : either sell the rights shares on the open market or convert them into ordinary shares. If you dont do anything, or forgot, the rights shares expire. You get nothing.

Please Log in or Create an account to join the conversation.

peanutplusbutter
Offline
New Member

14 years 3 months ago #2590 by peanutplusbutter

Replied by peanutplusbutter on topic Re:Healthway Medical

neontet wrote:

As a shareholder, you will receive 1 right share for every 5 ordinary shares. You can sell the rights share now, or before they expire. If you want to convert the rights into ordinary shares, you have to pay 7.5 c per rights share. So for one 1000 rights shares, you pay $75. U must take action : either sell the rights shares on the open market or convert them into ordinary shares. If you dont do anything, or forgot, the rights shares expire. You get nothing.

if i sold everything after EX, will they cancel my rights?

Please Log in or Create an account to join the conversation.

newbie123
Offline
Junior Member

14 years 3 months ago #2592 by newbie123

Replied by newbie123 on topic Re:Healthway Medical

The stock is no longer a bargain at 19X PE. If you are looking for stocks going for a song, consider Techcomp, or Sinotel, or Adampak, or Design Studio. Just my 2 c worth.

Design studio is a one good stock tat i vested in recently. I won\'t say Healthway now is not a bargain because it still have the potential to grow rapidly. But comparatively, HW\'s still lower than the other two established healthcare peers (Parkway and RMG) in terms of PE, if u think abt it...

Please Log in or Create an account to join the conversation.

Time to create page: 0.231 seconds