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Yeap Boontat

  • Following

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  • Followers

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Fame: 151
No Bio yet.
Joined Jun 2022

Comments

Yeap Boontat commented on ABMB.
Ex date for RI today. It will commence at RM4.28

(RM4.4 x 1700) + (RM3.33 x200) =RM8146

RM8146/1900= RM4.28
29 minutes · translate
Yeap Boontat replied to comment on ABMB.
@yean if you buy 1700 shares of ABMB, will be alloted 100 rights shares. The rights shares you can trade in the open market for one week. After the last day of trading the rights shares will be delisted. After which you are required to pay up RM 3.33 for each 100 shares you buy. You can also buy extra shares from when submitting the payment. But this will not necessarily be approved by Abmb.
3 days · translate
Yeap Boontat replied to comment on ABMB.
Yes you will receive physical documents about the rights issue.

Also, you may have to register yourself with Shareworks.com website. This will make your online process of forms filling and payment easier. No need to use the physical documents if you are using online mode.
6 days · translate
Yeap Boontat replied to comment on ABMB.
If you have 4k shares, means you will be given 235 rights shares to subscribe. Means you will have to pay RM 782.55 if you choose to subscribe to it.

In addition, to avoid odd lots, you can buy excess shares to round it up to 300 shares. Means, you can consider to buy another 65 shares by paying RM 216.
6 days · translate
Yeap Boontat replied to comment on ICTZONE.
Hoping for the best from Paradigm rabu ni balloting
2 weeks · translate
Yeap Boontat replied to comment on ICTZONE.
Oh lambat juga.. Balloting 22/5. Biasanya 23/5 malam akan keluar results dah.
2 weeks · translate
Yeap Boontat commented on ICTZONE.
Has anyone from Maybank received refund for ICT and SAG?
2 weeks · translate
Yeap Boontat commented on ABMB.
215 mil new rights shares to be issued.

Currently ABMB has 1.548 billion shares.

1548/215 =7.2 x

Means the ratio of rights issue is 5: 36.

Each rights will be RM 2.80.
1 month · translate
Yeap Boontat replied to comment on ABMB.
@goat and Yean...we can't predict when is the top or bottom.

What we can predict is that bank won't collapse and will always grow to give good dividends.
2 months · translate
Yeap Boontat commented on ABMB.
By looking at history, it's rare for banks to offer rights issue. The last bank to do RI was in 2015 by HL bank at a ratio of 4:25 at RM 10.40. Now look at how much HL bank worth? It's twice the value.

Same goes to Maybank in 2009 (9:20 @ RM 2.74), PBBANK 2014 (1:10 @ RM 13.40), AMBANK 2007 (1:8 @ RM 3.40). After RI, their share prices double n triple.

The earning dilution will be minimal by about 10% after RI. After which the share price will rebound.

The only bank not yet do RI is CIMB.
2 months · translate
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