Tuesday, November 26, 2019

Subscribed for WCEHB-PA and WCEHB-WF

Due to the fund raising exercise from WCEHB, I have subscribed for all including excess as I have 67,200 units of WCEHB.

In the end, I now have 136,000 WCEHB-PA and 34,000 of WCEHB-WF.

The position is as below.

Click to enlarge


I intend to convert the RCPS into WCEHB in future within the first year.

7 comments:

Anonymous said...

Hi felicity, your advice is indeed helpful. Am i to understand you are anticipating dividends on mother share, therefore the inkling to convert PA TO WCEHB sometime next year? Or is the calc of 0.24 + 0.32 = 0.56 per PA share best time to convert the PA?

felicity said...

WCEHB-PA is going to be there short term only - 2 years and it is better to convert in the first year as the conversion price is lower i.e. 4 sen. For second year, it will be higher at 8 sen and one does not need to use money to convert on 2nd year.

The 0.24 + 0.32 is not correct. It is 0.24 + 0.04 = 0.28

Kelvin said...

hi Felicity, glad to see you update the portfolio again. And thanks to the fund raising exercise i've manage to lower my cost to RM0.3 as well (same to you too!!). Will you consider to keep the warrant? It seems like a good option to sell off the warrant and utilize the money to convert the PA to WCEHB

felicity said...

Ya, depends for now I am keeping it I think.

Anonymous said...

Felicity, thanks on the clarification on the PA conversion price.

Anonymous said...

30k dividend for tropicana?

felicity said...

Haha you are sharp. No impact to the total though. The attached is latest.