|HICL Infrastructure Company
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
HICL Infrastructure Company Share Discussion Threads
Showing 501 to 525 of 525 messages
|yes I got the same so not sure whether to top up or not now|
|Non entitlement allocation ? ..... for two brokers I got 29.4% of requested.
I'd assume this was not a coincidence but a 'standard' scale back.|
|schofip - the new shares start trading on Friday so pretty soon I guess.|
|When will we know how many non entitlement shares we have allocated. Would my broker know already?|
|jonwig - yes that 3x was of the maximum size too, not the original number.
I wonder how many of my extra shares I'll get! Good job I applied for a lot.|
|Results of offer - increase of size to maximum permitted, 3x oversubscription and big scaling back above basic entitlement.
Dealings start Friday.|
|Now that's an impressive uptake! I doubt the share price will hang around long at these levels.|
|I interpreted it wrongly .|
What I was referring to when I said dealing costs was related to someone taking up the excess offer and then selling quickly for a fast buck. The dealing costs would be on the sale not taking up the offer.|
|jonwig - Thanks!|
|apollo - my broker told me that 'excess entitlement' would get priority over 'offer for subs."
Open Offer plus excess - best for existing shareholders.
Offer for Subscription - for new shareholders.
HOLTS - no costs involved for shareholders: company pays brokers for costs incurred.|
|schofip , I don't think there are any dealing costs or duty with the offer .|
|Are the shareholders that apply for shares through the "Excess Entitlement," more likely to get their requested number of shares than non-shareholders applying through the standard "Open Offer"? Otherwise what difference is there in creating the 2 categories?|
|carer - the new shares rank 'pari passu' with the old - ie. same stuff.|
|would there be quarterly dividends pay out for the new shares?
It seems a steady company paying good dividends. better than putting money in the bank.|
|I was told by my broker that I could apply for a maximum of 66000 shares. As already stated the cash for whatever entitlement and excess you apply for will be deducted up front and then after you learn how many shares you have been allocated a refund will be made, hopefully quickly. What you apply for and what you get are totally unrelated but good luck|
|Yes and you ll only find out if you got them later. Partial refund if any scaling.|
|My dealing account shows money debited for the full amount of my requested excess.....|
|I think these will be scaled back and the amount of shares you get - minus dealing costs probably won't amount to much imo. They are worth getting to add to an existing holding or to keep for the future dividends. Cant see anyone retiring on this.|
|Does anyone think it will be possible to buy these subscription shares and then just sell them the next day for the difference between the subscription price and the current market price? Then I may as well apply for as many as possible.|
|Am still waiting for HSBC brokers, apparently their instruction letter is being sent out today to shareholders.
07.03.17 now received , open offer only available to clients. No excess application option:
They say they are unable to guarantee that the minimum requirement of shares can be met as made at a pooled nominee level.
Was hoping to increase my stake in 'excess' of open offer allocation.|
|Page 179 here.|
|jonwig; that's helpful, thanks.|
|Jack - It's a "Placing, Open Offer and Offer for Subscription".
The Placing is for institutions, forget it.
The Open Offer is for existing shareholders: the basic and excess application.
The Offer for Subscription is for your partner. Ask your broker if they are handling this. If not, the application form is at the back of the prospectus (p 179), which can be downloaded from the HICL website. (NB. scaling back is likely, I think.)|