Ripley94
22 Feb 2016
Re: Dumb question but... I did on the 4th.if you look at post's .... My motivation was i wanted to switch broker i hold them with due to HX listing.Then sold original. same exposure to it (approx )
alchemist29
22 Feb 2016
Re: Dumb question but... Thanks for the replies guys but I'm still none of the wiserRipley94..if this is the case i.e. new and old shares being treated the same why not buy at 3 pence yourself then they are worth 10 pence in few weeks?
Ripley94
22 Feb 2016
Re: Dumb question but... Never heard of new and older being treated differently in a take over.
staffai
22 Feb 2016
Re: Dumb question but... i think everything on the stock market is confusing except when you have to make a payment thats always very clear and simple
alchemist29
22 Feb 2016
Dumb question but... HiI'm showing my lack of knowledge here but hopefully someone can help.Plethora is potentially being sold to Reagent Pacific for around 10 pence per share assuming it passes shareholder resolution etc next month. i.e. "On 15th December 2015, the Board of Regent Pacific and the Independent Director of Plethora announced that they had reached an agreement and terms of a Recommended Acquisition whereby Regent Pacific will acquire the share capital of Plethora in a stock for stock transaction.The Acquisition, based on the Closing Price of a Regent Pacific share of HKD0.069 (equivalent to 0.6 pence) on 29th January 2016, represents an indicative value for each Plethora share of 9.81 pence per share, valuing the fully diluted share capital of Plethora at approximately GBP96.27 million."Subsequently, the cancellation of admission to trading is expected to become effective on 11th March 2016 with the last day in dealings expected to be 7th March 2016As the shares are now trading at around 3 pence why would is no one buying the shares at 3 pence today to sell them for 10 pence (assuming all goes ahead as planned) in a month or so?Obviously there is a simple reason otherwise people would be doing exactly this. Is it only shares that were bought before this agreement was made that are 'swapped' for the Reagent Pacific Shares'?If so what happens to shares bought this month for example since Regent Pacific will want all the Plethora Share capital and it will no longer be traded on the LSE anyway...I'm a bit confused by this..any help greatly appreciated...
BeaglePup
18 Feb 2016
Re: HK Share Dealing I have a dealing account with TDDirect and occasionally trade HK shares with them, so I'm expecting my PLE shares held with them to simply be listed under my HK shares in that account too. Check out TDDirect.
Ripley94
18 Feb 2016
Re: Why Didn't People Listen! Sold the original holding @ a loss today @ 3.08 limit past week @ 3I topped up on 4th cheaper with broker who can deal without aggro.Overall i have more shares. That's what they claimed !!!
IOMINVESTCOM
18 Feb 2016
Re: Strange RNS today Hi Bobsson,>>The only way I can see the Scheme not going ahead now is if PLE receive a takeover bid in the next couple of weeks. A long shot but you never know. Yes, agree it might be a long shot but if a large pharma thinks Regent is getting huge potential on the cheap then they may wish to make a counter cash offer higher than the current estimate of 9.81pCome on..... any large pharma will do........ Clock is ticking and the Share price has just risen...sorry!! 3.00 - 3. 25 spread. Is there another twist to come...sorry again!!ATB
IOMINVESTCOM
18 Feb 2016
Re: HK Share Dealing Got my broker details on the scheme which offered to give me the share certificate to trade who I may wish to deal via or themselves using their overseas agent. Custody fees per month apply and a rather large trading fee compared to UK but still well worth taking up the offer in IMHO
Ripley94
15 Feb 2016
Re: HK Share Dealing Been told by broker they will still hold them in acc.And will use third party broker if you wish to sell them.
Gingerexpat
15 Feb 2016
HK Share Dealing Please DYOR, but I thought I'd share this. I contacted Boom Securities (online broker that deals in HK) and got the following response:If you have a BOOM account, we can be your custodian broker to receive the Regent Pacific shares on your behalf. You can trade these shares through BOOM as well. We are not sure about the expected timetable of the merger (or whether the proposal will get approved at all) . But you must have a BOOM account before we can help you to receive any Regent Pacific shares. Therefore, you may consider applying for one BOOM account as soon as possible. You can visit the following website for the details and procedure of applying for the BOOM account: [link]
bobsson
11 Feb 2016
Strange RNS today All previous RNS regarding the Scheme phrased as a done deal, this RNS outlines what happens if the Scheme does not go ahead, ie it is rescinded and the shares carry on trading on AIM. The only way I can see the Scheme not going ahead now is if PLE receive a takeover bid in the next couple of weeks. A long shot but you never know. It could also just be a legal belt and braces job for the existing Scheme.IMHO DYOR
Aconite
10 Feb 2016
Re: Re: I guess because people have reservations about holding hong kong listed shares, and ability to trade them.Also because cash almost out so if this doesn't go through rights issue will be inevitable.No news on the product means this is a shot in the dark now.
losskop
09 Feb 2016
Re: Re: I am obviously missing something - I thought these had effectively been bought at circa 11p per share. OK so it was with shares but unless Regent are falling through the floor, why is Plethora at twopence?
Ripley94
05 Feb 2016
Re: Re: Recommended to me by a broker.( not a very good adviser lol )9th march ..... 15.7076 regent for 1
