Share Picks 2020

dontparkhere

Jose Maria wrote: »

For each existing IAG share the holder is entitled to one subscription right and two subscription rights are required to subscribe for three new shares. The rights issue is fully underwritten by Goldman Sachs and Morgan Stanley.

So I am entitled to purchase one extra share for every share I own at the discounted rate? How does this work with DEGIRO does anyone know?

in2dark

dontparkhere wrote: »

So I am entitled to purchase one extra share for every share I own at the discounted rate? How does this work with DEGIRO does anyone know?

You are entitled to 3 new shares for every 2 you own

I believe we will see the rights appearing at some point on our accounts. Dont know how it works with exercising them

doctorg

How does the selling of these 'rights' work ?

Say you have 100 shares in rights.

The rights price is 0.92 and if you sell your right at 0.80 you get 0.80 * 100 = 80 euro ?

DutchYurt

dontparkhere wrote: »

So I am entitled to purchase one extra share for every share I own at the discounted rate? How does this work with DEGIRO does anyone know?

They should send you an email asking how many shares you want to purchase, then those shares will appear on a separate line for about a month then merge with your current shares once the raising of capital is over so to speak. I think

in2dark

doctorg wrote: »

How does the selling of these 'rights' work ?

Say you have 100 shares in rights.

The rights price is 0.92 and if you sell your right at 0.80 you get 0.80 * 100 = 80 euro ?

Yes they r traded as normal for a limited amount of time

DutchYurt

So if IAG rights are going to be sold @ .92 and it's currently trading at 1.46~ so we expect it to fall more or would now be a good in and long hold?

Also anyone heard any news on Edesa Biotech curious to know how the trials are going.

DutchYurt

DutchYurt wrote: »

Also anyone heard any news on Edesa Biotech curious to know how the trials are going.

Waiting. Waiting. Interminably waiting.


Answer your question?

One More Toy

DKNG up 43% since I entered it

Biffoland

Can anyone suggest a € denominated REIT in a stable market. I was looking at IRES, but the Irish market has been dysfunctional for decades now.

I was looking at Home Invest Belgium which seems to have a good dividend and good growth. Does anyone have any knowledge of how stable Belgian property has been or the outlook for it.

AmberGold

[Deleted User] wrote: »

Waiting. Waiting. Interminably waiting.


Answer your question?

Apparently they’re presenting at some conference tomorrow.

AmberGold

AmberGold wrote: »

Apparently they’re presenting at some conference tomorrow.

Aye, 12:30 ET. Expectation of release of PR in advance like $VXRT did.

heffo500

Next investment for me is Pensana Rare Earths plc LSE: PRE.L

Lost out on a 25% gain waiting on Degiro to add it to the platform

dinneenp

Thoughts on Apple? Their September event is today, from here, if they're going to release over ear headphones, 'Apple One' service bundle could be good for them.

No iPhone 12, that could be announced in October.

ChuckieEgg

Apple Glass ?? maybe. If so then it will be another game changer for society

https://www.tomsguide.com/news/apple-glasses

ChuckieEgg

ChuckieEgg wrote: »

Apple Glass ?? maybe. If so then it will be another game changer for society

https://www.tomsguide.com/news/apple-glasses

If we all go around wearing glasses the Nerds really will have won :pac:

ChuckieEgg

Pity they weren't around when I was in School, maybe I wouldn't have got called 4 eyes or jam jars.

Kilboor

ChuckieEgg wrote: »

Pity they weren't around when I was in School, maybe I wouldn't have got called 4 eyes or jam jars.

Aye I'd say the slagging would be worse wearing those!!

Shedite27

dinneenp wrote: »

Thoughts on Apple? Their September event is today, from here, if they're going to release over ear headphones, 'Apple One' service bundle could be good for them.

No iPhone 12, that could be announced in October.

Apple and Peloton both have conference calls today, at the same time. Apple's logo for their call almost looks like a Peloton logo (squint your eyes!). Could be tin hat, could be big

https://twitter.com/ocshree/status/1303450723955343360?s=20

squirestarter

heffo500 wrote: »

Next investment for me is Pensana Rare Earths plc LSE: PRE.L

Lost out on a 25% gain waiting on Degiro to add it to the platform

I'm looking at this also. New enough to Degiro myself but wondering: there are 2 choices for this stock on Degiro, both on Borse Frankfurt but 2 different ISIN numbers and 2 different symbols (48W and 48W1). The stocks are 2 different prices (€0.55 and €0.59 respectively) also.

Do you know what the difference is between the 2 choices? Why wouldn't I go for the lower stock price in this case?

Augeo

Augeo wrote: »

I expect 4d to be multiples of today's price over the next 18 months and quite likely sooner .......... the market cap is insanely small for their pipeline.

https://www.sharebuyers.co.uk/shares/4dpharma-shares-going-for-growth-trailblazer-ready-to-realise-true-value/

On the up again ......... "“We feel 4D, an AIM-listed company, is currently significantly undervalued in the UK compared to our peers in the US who are behind our first-moving and leading position.”

Duncan Peyton, CEO of 4D pharma"

dontparkhere

doctorg wrote: »

How does the selling of these 'rights' work ?

Say you have 100 shares in rights.

The rights price is 0.92 and if you sell your right at 0.80 you get 0.80 * 100 = 80 euro ?

I see a second line for IAG on degiro with the same number of shares as I currently own priced at €0.75.
Does anyone know how it works with exercising these rights?
I assume I can sell them at the current price but how can I purchase them at the discounted rate?
Do I just put in purchase 100 shares at that €.75 if I have 100 rights?

doctorg

dontparkhere wrote: »

I see a second line for IAG on degiro with the same number of shares as I currently own priced at €0.75.
Does anyone know how it works with exercising these rights?
I assume I can sell them at the current price but how can I purchase them at the discounted rate?
Do I just put in purchase 100 shares at that €.75 if I have 100 rights?

In the same boat, its unclear how to exercise the rights to me in Degiro.

As a understand, the rights are being traded under IAGN. If I buy more rights at 0.75, is that the price I would have to pay for the stock or am I just buying the right at 0.75 and then need to fork an additional 17 cents to buy at 0.92.

Would appreciate some feedback from the more experienced community here

Shedite27

Shedite27 wrote: »

The next 2 SPACs I'm in "blind" are IPOB and IPOC. No idea who the companies will end up being, but it's run by Chamath Palihapitiya, who is someone I always enjoy listening to and more importantly, is well connected. Basically I'm trusting that he will use my money wisely and find a good target company.

Chamath unveiled this morning that the IPOB will be merged to Opendoor, who are basically an online shop for houses, digital real estate. Stock up 20% so far today. Goof 6 minute video from him explaining the company here
https://www.cnbc.com/2020/09/15/palihapitiya-finds-next-10x-idea-with-4point8-billion-spac-deal-for-real-estate-start-up-opendoor.html

bp_me

doctorg wrote: »

In the same boat, its unclear how to exercise the rights to me in Degiro.

As a understand, the rights are being traded under IAGN. If I buy more rights at 0.75, is that the price I would have to pay for the stock or am I just buying the right at 0.75 and then need to fork an additional 17 cents to buy at 0.92.

Would appreciate some feedback from the more experienced community here

Ermm. When I look at it it shows my position as number of shares and their value. But number is equal to number of original holding.

Curious Geroge

bp_me wrote: »

Ermm. When I look at it it shows my position as number of shares and their value. But number is equal to number of original holding.

Look under latest transactions.
You will have a line Buy (RIGHTS ISSUE) with the current quantity, all figures are 0.00
- I believe if you have 100 shares, you will be able to buy a max of 150 at the reduced rate of 92.3617 as the split was 3:2

Not clear on how to buy new shares on degiro yet..

heffo500

squirestarter wrote: »

I'm looking at this also. New enough to Degiro myself but wondering: there are 2 choices for this stock on Degiro, both on Borse Frankfurt but 2 different ISIN numbers and 2 different symbols (48W and 48W1). The stocks are 2 different prices (€0.55 and €0.59 respectively) also.

Do you know what the difference is between the 2 choices? Why wouldn't I go for the lower stock price in this case?

I see the LSE line on my degiro account.

Have you checked for the LSE line and completed all the product questionnaires?

jams100

Anyone know why GAN dropped 10% today?
I can find nothing

squirestarter

heffo500 wrote: »

I see the LSE line on my degiro account.

Have you checked for the LSE line and completed all the product questionnaires?

Yes I can see the LSE line alright. It is listed as 'Pensana Rare' for LSE but 'Pensana Rare Earths' for Borse Frankfurt exchange. I was just wondering why there were 2 different prices on the Frankfurt exchange (and two diff ISIN numbers) but it seems to be to do with the fact that the company operate in the UK and Australia. I understand it to mean now that different types of shares are being traded for the company based on its two operating locations (mind you, i've a lot to learn but that's my understanding thus far after some reading today)

Presume you mean the questionnaires for complex shares etc? I completed the ones that were recommended on this thread anyhow so it wasn't that I didn't have the option to choose the stock.

Cheers for the response though

doctorg

Curious Geroge wrote: »

Look under latest transactions.
You will have a line Buy (RIGHTS ISSUE) with the current quantity, all figures are 0.00
- I believe if you have 100 shares, you will be able to buy a max of 150 at the reduced rate of 92.3617 as the split was 3:2

Not clear on how to buy new shares on degiro yet..

But they are only 'Rights' to buy. You can buy or sell your rights before the cut of date. If you don't do anything, as I understand, you just forfeit that right.

And since the stock is getting diluted, you price of the share would reduce following the dilution

bcklschaps

Soo tomorrow is Snowflake IPO. We'll have to buy on the open market. Anybody have any price limits etc. in mind?

doctorg

bcklschaps wrote: »

Soo tomorrow is Snowflake IPO. We'll have to buy on the open market. Anybody have any price limits etc. in mind?

Wouldn't it be best to buy on market rate on open?

Shedite27

I've never really looked at buying at IPO, too volatile for the first month. Am I right in thinking, the 28m shares have been sold already to banks, Buffet etc, for $120, so anything an Average Joe wants to buy today is off them? What shares would people be able to buy today? If it's just buying from Buffet and Co, they're hardly gonna sell until the price has rocketed will they? In which case it'll be far about the $120 issue price.

If I had a $120 snowflake share, I'd let the hype run for a few hours at least, and see where it lands, there'd be nothing for sale at opening bell

ExMachina1000

Sold everything last Friday week. It's my bitcoin experience 2.0
Weak hands

Shedite27

ExMachina1000 wrote: »

Sold everything last Friday week. It's my bitcoin experience 2.0
Weak hands

There's 100's of quotes about patience, waiting out the falls, never sell etc, but until you experience it yourself, it's tough to learn.

Don't try to time the market, it's a guess at best

bcklschaps

Shedite27 wrote: »

I've never really looked at buying at IPO, too volatile for the first month. Am I right in thinking, the 28m shares have been sold already to banks, Buffet etc, for $120, so anything an Average Joe wants to buy today is off them? What shares would people be able to buy today? If it's just buying from Buffet and Co, they're hardly gonna sell until the price has rocketed will they? In which case it'll be far about the $120 issue price.

If I had a $120 snowflake share, I'd let the hype run for a few hours at least, and see where it lands, there'd be nothing for sale at opening bell

From MarketWatch

"The company will sell 28 million shares to raise $3.36 billion, and Berkshire Hathaway Inc. BRK.A, -0.27% BRK.B, -0.45% and Salesforce.com Inc. CRM, +2.04% agreed to concurrently purchase $250 million in shares at the IPO price. Underwriters, led by Goldman Sachs and Morgan Stanley, have access to an additional 4.2 million shares that could push the total raised to roughly $4.4 billion"


Seems Berkshire & Salesforce sale could be in addition to the 28m in the IPO. The underwriters also appear to have an option on another 4m shares.

Anything, I've read over the last week suggests $120 per share is massively over valued. Let's wait and see where they are by the end of the day.... Probably at $240 or something like that.

Shedite27

Good to see Snowflake available on Degiro anyway, they are slower to add some stocks

doctorg

Shedite27 wrote: »

Good to see Snowflake available on Degiro anyway, they are slower to add some stocks

What time does the IPO open?

robman60

What is going on with snowflake, showing at $23.75 for me on Degiro even though I had heard it expected to be about $100

Empty_Space

Im looking at buying some Tencent shares. Any opinions on this stock?
Seems to be undervalued massively when compared to its US counterparts.

Its only available on Degiro using the Hong Kong stock exchange. Anyone ever manage to buy here. It doesnt appear to have live prices so is a bit confusing.

Browney7

robman60 wrote: »

What is going on with snowflake, showing at $23.75 for me on Degiro even though I had heard it expected to be about $100

That price history is for a company called Intrawest resort holdings which was taken private in 2017. They have recycled the stock ticker presumably

Shedite27

doctorg wrote: »

What time does the IPO open?

I suspect about 4pm Irish time

Curious Geroge

doctorg wrote: »

But they are only 'Rights' to buy. You can buy or sell your rights before the cut of date. If you don't do anything, as I understand, you just forfeit that right.

And since the stock is getting diluted, you price of the share would reduce following the dilution

So if I buy LSE | IAGN (rights issue) @ 68.52 now, is it correct to assume this moves to a LSE | IAG @ 129.55 to offset the loss from the dilution that has already happened.

Degniro have issued no correspondence yet so unsure when the deadline to buy is.

bp_me

Curious Geroge wrote: »

So if I buy LSE | IAGN (rights issue) @ 68.52 now, is it correct to assume this moves to a LSE | IAG @ 129.55 to offset the loss from the dilution that has already happened.

Degniro have issued no correspondence yet so unsure when the deadline to buy is.

https://www.boards.ie/vbulletin/showpost.php?p=103263109&postcount=5

This post from 2017 suggests you have to contact them by email.

I presume the €10 fee surcharge would apply in such case.

Shedite27

Looks like Snowflake is gonna open close to $200

Empty_Space

Empty_Space wrote: »

Im looking at buying some Tencent shares. Any opinions on this stock?
Seems to be undervalued massively when compared to its US counterparts.

Its only available on Degiro using the Hong Kong stock exchange. Anyone ever manage to buy here. It doesnt appear to have live prices so is a bit confusing.

Bump.

Anyone know why there is also two listings for this on Frankfurt Exchange.

Rothmans

Shedite27 wrote: »

Looks like Snowflake is gonna open close to $200

Ah jaysis

Curious Geroge

bp_me wrote: »

https://www.boards.ie/vbulletin/showpost.php?p=103263109&postcount=5

This post from 2017 suggests you have to contact them by email.

I presume the €10 fee surcharge would apply in such case.

Rang earlier, email should be sent out to everyone with shares and you simply reply to that email..

more info on https://www.iairgroup.com/~/media/Files/I/IAG/press-releases/english/2020/Fully%20Underwritten%20Capital%20Increase%20to%20Raise%20Gross%20Proceeds%20of%202741%20million.pdf

antimatterx

robman60 wrote: »

What is going on with snowflake, showing at $23.75 for me on Degiro even though I had heard it expected to be about $100

Same???

bcklschaps

Shedite27 wrote: »

Looks like Snowflake is gonna open close to $200

More like $240.... (I made a decent stab earlier :-) )

https://www.barrons.com/articles/snowflake-ipo-prices-at-120-a-share-above-expected-range-51600210321

doctorg

antimatterx wrote: »

Same???

IPO still hasn't landed to the public yet. Expected to open around 240$ now