now trading will become illiquid because after consol. there will  be only about 37 mil.  shares if i am not wrong.
thanks.
look@bright ( Date: 11-Feb-2021 08:49) Posted:
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there is a new counter code already, search for  TVV.SI (Artivision)
spursfan ( Date: 11-Feb-2021 08:45) Posted:
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no buy/sell price quote.  anyone can explain the remarks below
| BI | : | Trading is restricted to Buying-In market only |
Citicode shareholders knew   they couldn' t ask for more..I am sure many of them are contented with this arrangement. Things could have been worse
look@bright ( Date: 11-Feb-2021 08:02) Posted:
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Also, there must be a reason why the new placement of Livingstone is at 0.2 and not 0.5... do you think people will subscribe if it' s 0.5? This indirectly implies 0.5 is over valued 
for artivision, in my opinion, 0.45 (@ 50-1) is also over valued..
for artivision, in my opinion, 0.45 (@ 50-1) is also over valued..
look@bright ( Date: 11-Feb-2021 08:02) Posted:
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Sorry you didn' t get what I meant.... I don' t mean to say both are same industries 
I meant both are using RTO.... and artivision has been running at biz loss(ailing), similar to citicode....
the issues you mentioned below about livingstone news shares are correct.
At the moment, we aren' t sure what pattern this new RTO will come up with
perhaps you should read into Livingstone background(link to Ardmore) and you will have a better idea. 
day 1 of trading went up but it has been down last 2 days....
I meant both are using RTO.... and artivision has been running at biz loss(ailing), similar to citicode....
the issues you mentioned below about livingstone news shares are correct.
At the moment, we aren' t sure what pattern this new RTO will come up with
perhaps you should read into Livingstone background(link to Ardmore) and you will have a better idea. 
day 1 of trading went up but it has been down last 2 days....
look@bright ( Date: 11-Feb-2021 08:02) Posted:
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It is not right to comapre Citicode/Livingstone to Artivision/MCP. One is a healthcare and One is a Fintech.
The issues of Citicode/Livingstone  are
1. New Livingstone shareholders were issued $0.20 per post-consolidation shares 
2. Placement of $1m shares were issued at $0.20
Above 2 items were the main reason.
Citicode shareholders should ask why they were being share consolidated at 500: 1 to $0.50 per shares but New Livingstone and Placement holders were issued at 60% discount at $0.20 per share.
The issues of Citicode/Livingstone  are
1. New Livingstone shareholders were issued $0.20 per post-consolidation shares 
2. Placement of $1m shares were issued at $0.20
Above 2 items were the main reason.
Citicode shareholders should ask why they were being share consolidated at 500: 1 to $0.50 per shares but New Livingstone and Placement holders were issued at 60% discount at $0.20 per share.
Blowyouoff ( Date: 11-Feb-2021 01:09) Posted:
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To put it simply, at pre-con price, every 0.001 jump is 0.001/0.009=11%
Post-con, every 0.005 jump is only 0.005/0.45=1.1%...
because the base value has gone up from 0.009 to 0.45, every jump % diminishes 
RTO is usually considered a cheaper option to get listed ams considered a back door. Artivision is an ailing business and thus used as backdoor. 
I will be extremely careful about this RTO... artivision was only 0.003 few months ago, and if based on 0.003, at 50-1, it' s only 0.15.... but because of the recent surge(despite it being ailing business), consolidated price becomes 0.45.... 
look at the other RTO that took place few days ago(Livingstone/citicode) for a identical situation. One is desperately trying to get listed while the other desperately looking for escape route... 
Post-con, every 0.005 jump is only 0.005/0.45=1.1%...
because the base value has gone up from 0.009 to 0.45, every jump % diminishes 
RTO is usually considered a cheaper option to get listed ams considered a back door. Artivision is an ailing business and thus used as backdoor. 
I will be extremely careful about this RTO... artivision was only 0.003 few months ago, and if based on 0.003, at 50-1, it' s only 0.15.... but because of the recent surge(despite it being ailing business), consolidated price becomes 0.45.... 
look at the other RTO that took place few days ago(Livingstone/citicode) for a identical situation. One is desperately trying to get listed while the other desperately looking for escape route... 
DexterT ( Date: 11-Feb-2021 00:28) Posted:
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With a 50:1 share consolidation, it just mean whatever shares you have as of today, will be divided by 50. So, if you have 100,000 shares, once they consolidate, you will have 2000 shares instead. Of course, this will affect everyone even the private shareholders.
The thing about price consolidation is that the profit earnings will be slower compared to penny stocks. For example, if Artivision closed at $0.009, the share price will open at $0.45 after consolidate. And from $0.45, the way the price moves up is by $0.005 everytime. $0.455, $0.46, $0.465. If you are looking at your 2000 shares, you get this 2000 shares and multiply with $0.005. You will get $10 each time it rise and $10 each time it drop. Which it isn t a bad thing.
Compare to when Artivision is a penny stock. 100,000 shares at $0.009. If the stock rise, it will rise by $0.001. With your 100,000 shares, you multiply it by $0.001, you will get better profits at $100 each time it goes up. But if cause, higher risk, higher profit.
This could be the reason why not many people like price consolidation. However, I do believe MC Payment might be a worthy investment. I will take a look after 18th Feb RTO. Remember to do your own DD!
The thing about price consolidation is that the profit earnings will be slower compared to penny stocks. For example, if Artivision closed at $0.009, the share price will open at $0.45 after consolidate. And from $0.45, the way the price moves up is by $0.005 everytime. $0.455, $0.46, $0.465. If you are looking at your 2000 shares, you get this 2000 shares and multiply with $0.005. You will get $10 each time it rise and $10 each time it drop. Which it isn t a bad thing.
Compare to when Artivision is a penny stock. 100,000 shares at $0.009. If the stock rise, it will rise by $0.001. With your 100,000 shares, you multiply it by $0.001, you will get better profits at $100 each time it goes up. But if cause, higher risk, higher profit.
This could be the reason why not many people like price consolidation. However, I do believe MC Payment might be a worthy investment. I will take a look after 18th Feb RTO. Remember to do your own DD!
bobby90 ( Date: 10-Feb-2021 23:53) Posted:
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Bro i read somewher if you sell when ticker adjusted from CE to XE it is buyer/seller onus to check for adjustment with broker coz CDP will not be updated immediately till Monday. Broker can see the consolidated price reference on their side if updated which is based on pre-consolidated closing price or as determine by sgx
gregtan123 ( Date: 10-Feb-2021 17:58) Posted:
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bro your 100 000 shares if bought @ 0.09 during CE will be consolidated to become 2000 shares @ 0.45 upon XE, the value correspond to the consolidated ratio (50:1)
bobby90 ( Date: 10-Feb-2021 23:53) Posted:
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Hi Pros, just a noob question. What is consolidated shares? Does it mean that my current stock on hand has a lesser value due to the shares 50:1 consolidation? I bought 100000 shares before the trading ended today. Does it mean that the value of my stock has drop?
I don't see why not.
gregtan123 ( Date: 10-Feb-2021 17:58) Posted:
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[URGENT QUESTION: GURUS Please Help]
Share 50-1 consolidation, i got 500,000
I bought  $Artivision Tech(5NK.SI)  on 8 Feb 2021 (Monday).
10 Feb (today) is last date for trading pre-consolidation price.
11 feb (tomorrow) Effective Trading date (commencement of trading of shares on Post-Consolidation Basis on SGX)
15th Feb (Mon) Record Day
16 Feb (Tue) Effective Date (Proposed Share Consolidation becomes effective)
My question is can I sell my 500,000 become 10,000, so can I sell 10,000 shares tomorrow on 11 Feb??
Share 50-1 consolidation, i got 500,000
I bought  $Artivision Tech(5NK.SI)  on 8 Feb 2021 (Monday).
10 Feb (today) is last date for trading pre-consolidation price.
11 feb (tomorrow) Effective Trading date (commencement of trading of shares on Post-Consolidation Basis on SGX)
15th Feb (Mon) Record Day
16 Feb (Tue) Effective Date (Proposed Share Consolidation becomes effective)
My question is can I sell my 500,000 become 10,000, so can I sell 10,000 shares tomorrow on 11 Feb??
Last Few minutes to BUY, 833.,900 buy up at 0.01! Last Chance. ALL IN!
my bad, never exactly follow but yea MCP itself then yea its good. 
look@bright ( Date: 10-Feb-2021 16:34) Posted:
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Ifashion deal already abolished. See the amended S& P and Circular.
bicboi ( Date: 10-Feb-2021 16:31) Posted:
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Payment processing but they have a mechandise arm iFashion group, which is kind of a bummer or i feel that it will be a burden to drag along in time sadly
bicboi ( Date: 10-Feb-2021 16:09) Posted:
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