| Latest Forum Topics / Artivision Tech |
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Artiivision - Buy
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spursfan
Supreme |
02-Feb-2021 13:30
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yes no. of shares reduced but value remain the same.
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Skynet4321
Master |
02-Feb-2021 13:28
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Actually, all current shares will be converted by 50:1, which means there shouldn' t be any effect since it' s actually net zero. It' s not like company buy back shares or issue rights/warrants that reduce or increase market floats. Is my understand correct?
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Smarty
Master |
02-Feb-2021 13:27
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That' s true. Now sell vol [email protected] becomes 500 post consolidation which is less daunting 
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spursfan
Supreme |
02-Feb-2021 13:23
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less floats share price can move faster either way eg zhongxin fruits , eindex etc  tlheir price can double within days. after consol. the amount of shares is 50 times lesser. small floats can be judge at the buy/sell q where the qty is in the hundreds or less lots and not in thousands lots | ||||
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look@bright
Elite |
02-Feb-2021 13:20
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not sure too bro, but should be more room to go up because this is E Payment. Citicode RTO is 500:1  at 0.001 with Livingstone and post consolidated shares already 50c but Livingstone is Healthcare, difference valuation.
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Skynet4321
Master |
02-Feb-2021 13:16
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yes it means less shares in market, more control by the management. so what is the market standard of ' more' and ' less' , after 50/1 conversion where does it fall into?
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look@bright
Elite |
02-Feb-2021 13:14
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lesser shares to clear up and down, if u minus away SSH shares then even lesser in open market.
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Skynet4321
Master |
02-Feb-2021 13:12
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We will find out after 18 Feb :) Btw what will be the impact between more floats and less floats?
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Smarty
Master |
02-Feb-2021 13:07
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I hope I am wrong but expect share price to be moving in tight range .01-.012 leading up to share consolidation but miracle can happen :)   |
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look@bright
Elite |
02-Feb-2021 13:06
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have to see the 16m placement shares is placed to who and who are subscribers
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Smarty
Master |
02-Feb-2021 13:03
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Arti' s transformation from old economy stock to tech stock is positive development  somehow the 50-1 share consolidation seems a dampener    |
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Jumbohippo
Member |
02-Feb-2021 13:00
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Seeking everyones' unbiased opinions, is this a bad sign for ARTI now? | ||||
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look@bright
Elite |
02-Feb-2021 12:39
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yup that' s right that was when RTO was first annouced in 2017.  After 3 years and Convid 19, it changes the market perspective and valuation of E-Payment so i guess that' s the reason. Anw like Ligaya mentioned, there will be smaller float after the share consolidation which can be good or bad.
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Smarty
Master |
02-Feb-2021 12:29
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Originally was supposed to be 20-1 share consolidation  why they changed the ratio ? is it because to meet SGX' s requirement for Catalist stock ?min 0.50? |
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Skynet4321
Master |
02-Feb-2021 12:24
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Yalor. One wonder why mcp want to do this rto
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Ligaya
Master |
02-Feb-2021 12:04
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yes be patient with the post-rto mgmt team.... after 50-1 consolidation float also becomes smaller and either way up or down is 50 pip not surprising many just went in for a punt without knowledge of consolidation 
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Skynet4321
Master |
02-Feb-2021 11:45
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Good sharing. I hope both of you are not vested in Arti, thus no need to be stress over the future after consolidation.
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look@bright
Elite |
02-Feb-2021 11:34
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E-payments is rising business, i mean no ideal why some IPO or RTO counters are still doing sunset businesses
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ysh2006
Supreme |
02-Feb-2021 11:32
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Yes many coy after share huge consolidation become zero ...eg NSR Merage energy Noble Youzoo e2i & Linz energy...
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Skynet4321
Master |
02-Feb-2021 11:29
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Er.... whose is doing sunset business? Arti (cannot be bah)?
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