If we buy today ( 07-09-12 ) we can get Rights
( PLEASE RECHECK THIS INFORMATION - NO RESPONSIBILITY )
Please click :-
http://www.business-standard.com/india/news/eih-associated-hotels-plans-rs-108-cr-rights-issue/485492/
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General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism
: All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog.
( PLEASE RECHECK THIS INFORMATION - NO RESPONSIBILITY )
Please click :-
http://www.business-standard.com/india/news/eih-associated-hotels-plans-rs-108-cr-rights-issue/485492/
-------------------------------------------------------------------------------------------------------------
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism
: All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog.
HI FRIENDS,
ReplyDeleteThere are many companies coming with an Rights issue - some may subscribe to it and some may let it go and some may RENOUNCE it (i.e selling the right shares offered to you to some one else ) but One should always look at the value of its rights before thinking to renouncing it - here I have tried to explained how to determine your value of your rights -
NOW NETWORK 18 announced -
307 new sh for every 50 held.
Market Value of Each share (CMP) - 30.45
New share priced at (Face value + premium) - Rs.30
SO,
Market Value of 50 old shares = Rs.1522.50
+
Price of New 307 shares = Rs.9210
TOTAL PRICE FOR 357 shares = Rs. 10,732.50
AVERAGE PRICE OF 1 Sh comes to Rs. 30.063
Therefore,
VALUE OF YOUR RIGHT = MARKET VALUE - AVG PRICE
= 30.45 - 30.063
VALUE OF YOUR RIGHT = 0.38.
Now this will keep on changing as and when the closure date of rights comes nearer..
GUYS DO have your home work done before taking any decision ...
One of the lovely hotels in bhubaneswar with very good hospitality and glorious accommodation.....
ReplyDeleteWhether you're planning to travel with friends or family, finding the ideal hotel is not always so easy. To save money, it's best to look at hotels which fit your group size as well as your wallet. This is where comparison sites come in.
ReplyDelete