hi 1234567
  if the ex price is 3.2 that means can only convert to mother share at this rate not the rate prevailing inthe market? so if suppose i buy at 5 cents and want to convert to mother share, i cannot take the 5 cents to work out the diff but haf to take 3.2 ...other wise i would haf to sell off the warrants in the open market atj whatever px prevailing...correct?
another q...do u see this warrant having more upside unitl the mother share xd date? thanks man 
1234567 ( Date: 22-Sep-2012 10:45) Posted:
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In my opinion, hand off for 2013 warrant. Volume is loooow ...
SECOND CHANCE PROP W130927 |
| Last Date/ Time to submit Subscription Notice | 27 SEP 2013 05:00 PM  |
| Listing Date | 2 OCT 2008  |
| Expiry Date | 27 SEP 2013  |
| Outstanding Balance | 117,751,414  |
| Price ($) as at 2012-09-21 | 0.090  |
| High for the year ($) | 0.100  |
| Low for the year ($) | 0.032  |
| High for the month ($) | 0.100  |
| Low for the month ($) | 0.067  |
| Exercise Price | SGD 0.32000  |
| Underlying Stock | SECOND CHANCE PROPERTIES LTD  |
| Underlying Stock Price ($) as at1 2012-09-21 | 0.415  |
| Conversion Ratio | 1 warrant(s) : 1 share(s) |
| Cash ($) | 0.000  |
| Premium/(Discount) (%) (Cash) | -1.20  |
| Premium/(Discount) (%) (Bonds) |   |
| Gearing (x) | 4.61      |
Counting down ... 
1234567 ( Date: 15-Sep-2012 12:18) Posted:
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i c... hmm... terrence...sir...can you help to explain to me about the warrants   2013 ones of second chance... i wonder if the px is now too high and so too risky   for further play? thanks sir.
terencefok ( Date: 21-Sep-2012 22:12) Posted:
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I think they stop buying above 0.395. reason based on my logical thinking is the 2017 warrants conversion is 0.40, so there is no economic sense for them to buy above 0.40. Warrants are supposed to help raise funds and not pay out money.
good for u...mother share the coy stop buy back for the time being because of res announcement.... hopefully they buy back more aggressively   once res announced...u are very lucky indeed.
 
1234567 ( Date: 21-Sep-2012 20:12) Posted:
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I'm not sure, I don't have an answer for your question!
  Happened to quene at 4.5cts last night and was surprised to receive sms that the trade was successfully at 9:03am this morning. Just pure luck!
  Anyways, I sold  at 4.9cts on the same day!
Just quene at 4.7cts just now
, let see any luck next week ! 
tea444u ( Date: 21-Sep-2012 19:55) Posted:
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u bought again? wondering if still can enter? what is the catalyst here for the up move in the bonus warrants? can share? thanks man
hope it will close at 6.0cts by end of next week ... ! 

1234567 ( Date: 21-Sep-2012 18:17) Posted:
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closed at 5.0cts ... 
1234567 ( Date: 21-Sep-2012 10:56) Posted:
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it is 5.1cts (correct as of 10:40am) ... sold too early ... 
1234567 ( Date: 21-Sep-2012 09:51) Posted:
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bought bonus warrants today at 4.5cts... 
...  and sold at 4.9cts ! 
... S$1300 kopi money ...
...  and sold at 4.9cts ! 
... S$1300 kopi money ...
not sure if the mother share price will be impacted ! But take note that the exercise will be in year 2017. Why worry now ?
tea444u ( Date: 20-Sep-2012 21:06) Posted:
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when some holders exercise these warrants and convert to mother share. i think mother share px can be impacted?
1234567 ( Date: 20-Sep-2012 18:21) Posted:
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Vision Statement
 
We have
decided to concentrate on our property division as our main engine of
growth. As such, we have conceptualised a new vision statement. . Our
vision is as follows:
 
“To be a billion dollar company in market capitalisation by 2022 by focusing on real estate activities.” 
  
  
to made myself clear ... 2nd Chance bonus warrants closed at 4.7cts ......
1234567 ( Date: 20-Sep-2012 18:18) Posted:
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closed at 4.7cts ..... 
1234567 ( Date: 20-Sep-2012 17:10) Posted:
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4.4cts today (correct as of 5:00pm, Sept 20) ...
1234567 ( Date: 17-Sep-2012 18:09) Posted:
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what i am going to do from now on ... noted 1234567..
Capital growth ? Yup. Don't be caught off guard ! A raw diamond where its potential remains unnoticed ! Hold the stock and forget about it. Stop watching its price. Focus on other stocks ... for kopi money ... Good luck !
 
Vision Statement
 
We have
decided to concentrate on our property division as our main engine of
growth. As such, we have conceptualised a new vision statement. . Our
vision is as follows:
 
“To be a billion dollar company in market capitalisation by 2022 by focusing on real estate activities.”
tea444u ( Date: 19-Sep-2012 21:10) Posted:
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  Switch my focus to UOB for some kopi money ...
bought at $19.18 after XD ...