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senderos wrote:https://trinidadexpress.com/business/local/first-citizens-to-offer-more-shares-june-21/article_89db7464-e78c-11ec-9c69-a70d1669ca24.html
Has anyone seen the APO prospectus for First Citizens as yet? Called my broker today and they said so far they did not receive any notification of the APO
senderos wrote:https://trinidadexpress.com/business/local/first-citizens-to-offer-more-shares-june-21/article_89db7464-e78c-11ec-9c69-a70d1669ca24.html
Has anyone seen the APO prospectus for First Citizens as yet? Called my broker today and they said so far they did not receive any notification of the APO
snatman wrote:Iffy situation with FCB.
Guyana blanked their attempted takeover of Scotiabank. So the demand for the shares is drying up. After speculators pushed the price to $70, it's now down to $50.
PE ratio is ~18 which is historically high. I dunno how they going to price that APO. It should realistically be around $42 or so.
Shoulda been a rights issue methinks - offer existing shareholders the rights to buy at a lower price.
Only shares worth buying right now IMO are AGL and WCO.senderos wrote:https://trinidadexpress.com/business/local/first-citizens-to-offer-more-shares-june-21/article_89db7464-e78c-11ec-9c69-a70d1669ca24.html
Has anyone seen the APO prospectus for First Citizens as yet? Called my broker today and they said so far they did not receive any notification of the APO
PariaMan wrote:Forget AGL they have already peaked with no mountains to climb
PariaMan wrote:Whats the word on the APO ?
Will it be oversubsribed ?
Will it be undersubsribed ?
Monk BANzai wrote:PariaMan wrote:Whats the word on the APO ?
Will it be oversubsribed ?
Will it be undersubsribed ?
this... other than Bourse ..who else can set up an account for you?....
PariaMan wrote:Free advice
If you really want FCB shares it is available at the same 50$ on the stock market today without having to go thru the hassle of applying
The offer closes tomorrow Friday 22nd July
Actually dropped to the APO of 50.bluefete wrote:PariaMan wrote:Free advice
If you really want FCB shares it is available at the same 50$ on the stock market today without having to go thru the hassle of applying
The offer closes tomorrow Friday 22nd July
Isn't that interesting? Market price has risen to APO price.
Actually, you can buy it for less than $50.00 - about $49.71.on the SE.
Short term .Nothing impressive if we are go by the results of the last quarterbluefete wrote:Is Massy a good buy?
Looking long term.
PariaMan wrote:Short term .Nothing impressive if we are go by the results of the last quarterbluefete wrote:Is Massy a good buy?
Looking long term.
Long term who knows with all the turmoil in the world
But there is faster money to be made in energy in particular NGL with good recent results and the Ukraine/Russia war
AHL also looks good based on recent results and FCI way under valued
So faster money available
PariaMan wrote:May have missed the boat with FCI
I called it a couple weeks ago when it was about $5 from June 17 to July 12
Best Bid is now 5.55 and best offer is 6.25
I got some at $5
When times hard people focus on essentials and not on things they can do without.snatman wrote:Wayzzz.
WITCO 6-month income down 24%. Was not expecting that!!
Not with the removal of Covid restrictions.
But I should have known. A good portion of my smoker acquaintances are buying cheap imported cigarettes at 1/3 the price of WITCO products! Also there are quite a few less smokers around now!
Oh well.
Also due to covid, I guess ppl making more health conscious decisionsPariaMan wrote:When times hard people focus on essentials and not on things they can do without.snatman wrote:Wayzzz.
WITCO 6-month income down 24%. Was not expecting that!!
Not with the removal of Covid restrictions.
But I should have known. A good portion of my smoker acquaintances are buying cheap imported cigarettes at 1/3 the price of WITCO products! Also there are quite a few less smokers around now!
Oh well.
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