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China New Town Development
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hp3000
Veteran |
01-Jan-2017 17:34
Yells: "Huart Ah !! Count $$$$$ liao" |
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Check with the staff for my poems  account. Was told to  complete some online assessments  inorder to link to poems  HKSE. Link provide by poems    https://globalmarkets.poems.com.sg/markets-we-offer/hong-kong-hkex/ Should be 1 side commission and it will be link to our CDP account. Seem like worth transfering as it hit 0.47 hkd on 16 Nov 2016 when the 3rd qty result announce on 14 Nov night. The company seem to start making some $$$ liao. Also may has some dividend given for the full year result. Just my view.
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happyharvest
Elite |
29-Dec-2016 16:04
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I checked the infor online of a local brokerge.. no leh
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sgfreestyler
Member |
29-Dec-2016 14:46
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ya .. noob here too. can anyone advice?
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ysh2006
Supreme |
29-Dec-2016 05:16
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Ask OCBC loh.. I trade HK stock conmission two sides lah...
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happyharvest
Elite |
28-Dec-2016 23:02
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you sure they charge both side?
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ysh2006
Supreme |
28-Dec-2016 21:37
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If only one two bit difference not worth to convert and sell in HK.....they charge two side commission , SG one and HK one time....risk of FX too ! custody fee also....
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hp3000
Veteran |
28-Dec-2016 21:01
Yells: "Huart Ah !! Count $$$$$ liao" |
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It hit 48 cts in HKEX on 16 Nov. http://www.reuters.com/finance/stocks/chart?symbol=1278.HK Think it should be worth to transfer to trade in HK. Further more it had turn from debt to profit. No hurry to sell if you transfer to trade in HK.
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HazardKoh
Master |
27-Dec-2016 21:23
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HKEX is 0.42 HKD so divided by 5 gives you around 0.08 SGD... But when there is a flooding of sgx converted shares to hongkong side, there will be selling pressure..
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happyharvest
Elite |
27-Dec-2016 21:17
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Anyone received the circular already? so if you want to transfer the share to HKSE, you just have to do nothing (and the share cert will be delivered to your house?) or fill up a form ? |
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happyharvest
Elite |
21-Dec-2016 17:32
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found this (c) IF YOU DO NOTHING: (i) If you are a CDP Depositor, your Shares will be removed from CDP and automatically transferred from the Company Share Register to the HK Branch Register, and you will receive share certificates in respect of your Shares registered on the HK Branch Register. The Company will bear the costs of the transfer of Shares from the Company Share Register to the HK Branch Register and issue of new share certificates registered on the HK Branch Register incurred for the purpose of the Delisting. You will thereafter be able to trade your Shares freely on the SEHK through a stockbroker or bank or otherwise upon setting up investor participant stock accounts in CCASS or stock accounts with designated CCASS participants, either through brokerages in Hong Kong or brokerages in Singapore which offer such services, and depositing your Shares in such accounts. The costs of setting up investor participant stock accounts in CCASS or stock accounts with designated CCASS participants will be borne by you.
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happyharvest
Elite |
21-Dec-2016 17:29
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when can we start to transfer the share to HKSE?
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happyharvest
Elite |
21-Dec-2016 17:16
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EXTRAORDINARY GENERAL MEETING: 17 Jan 2017 1430 |
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happyharvest
Elite |
08-Dec-2016 20:01
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Thanks for the explanation
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ahxiow
Senior |
08-Dec-2016 08:18
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1000 share of CNTD in singapore is the same as 1000 share of CNTD in HK. Yesterday closing price in SGX is 0.076 and in HKEX is 0.42.
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happyharvest
Elite |
08-Dec-2016 03:47
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let' s say you bought at 0.05 SGD in SGX. is it a direct conversion to HKD when transfer to HKSE or there is some formula to convert to HK stock?
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ahxiow
Senior |
07-Dec-2016 19:14
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I think this should be quite negligible...I would consider more on exchange rate whether worthwhile to transfer to HK or to buy directly from HK.
Stick code 1278.hk
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happyharvest
Elite |
07-Dec-2016 18:41
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Do you know what is the cost of transfer from SGX to HKSE?
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ahxiow
Senior |
06-Dec-2016 07:08
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CNDT is turning around by a very "special" majority share holder.....China Development Bank, a policy bank in China with charters to provide financial support for the development of China. E.g. one road one belt, urbanization and etc.
Since took over CNTD, CDB recovered huge debt, raised low cost funds in Hk, took in many projects to rely on fixed income revenue instead of fully on land sale, latest partnership with 万 科 (biggest developer in China) in Beijin Area. All these actions happened in such short times proved their ability, financial strength, conection power and etc. If CDB were to continue their works as what they have done so far, CNTD is going to be a much better company few years down the road. The plan to delist in singapore as what they said is to cut cost and improve trading liquidilty is another step doing good for the shareholders. In my view , CNTD has long term future and it should worth much more than the current price. Vested DYODD
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ahxiow
Senior |
05-Dec-2016 22:46
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My broker will handle it upon my instruction from my margin account, Not sure about ATM.
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happyharvest
Elite |
04-Dec-2016 22:39
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i.c. so can apply for rights via ATM or need to deposit money to account? What do you think is the fair value for CNT?
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