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$Palantir (PLTR.US)$ is seeing heavier trading on call options that give the holders the right to buy the stock at $35 ahead of its inclusion into the S&P 500 index.
The stock jumped as much as 12.9% Monday to $34.23, the highest since early 2021. That share price rally moved the $35 call options closer to being in-the-money, sending the price of the contract soaring more than 200%.
More than 86,000 call opt...
The stock jumped as much as 12.9% Monday to $34.23, the highest since early 2021. That share price rally moved the $35 call options closer to being in-the-money, sending the price of the contract soaring more than 200%.
More than 86,000 call opt...
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$DBS (D05.SG)$ I deposited some money this morning and wanted to buy some shares when the share price was $32.1* . I could only buy 100 shares even though I deposited enough to buy about 700 shares. Anyone had this kind of problem before? How you overcame the issue?
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$PICO FAR EAST (00752.HK)$ Ive been reading up on this stock, waiting to enter. Newbiew here, so treading with caution. Any advice is welcome.
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$TENCENT (00700.HK)$ tencent has been staying Low and not crossing the 500 since the sell off. anyway have any idea if by june it will bounce back up or it will remain Low for a long time? please share your thoughts and justification.
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I recently dined at a mid price restaurant. Veggie dishes cost $20+ while meat dishes cost $30+ onwards. Only way to make $50k last is to cook own meals at home, take public transport and stay in public housing. Monthly expenses will accumulate once one own a car, stay in private condo, dine in restaurants. To really make $50k vanish, all one got to do is to woo a Singaporean girl (wine, dine, entertainment, hotel room etc) 💸.
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$TENCENT (00700.HK)$ For tencent interim dividend, does anyone know if we as Moomoo users get JD stock(qualifying shareholder) or cash (non-qualifying shareholder)?
extract from tencent announcement today
extract from tencent announcement today
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1. $TENCENT (00700.HK)$ is distributing $JD-SW (09618.HK)$ shares (HK-listed version) to shareholders. 1 JD.com share for every 21 Tencent shares held.
2. Given this ratio and the JD.com share price of HK$279.20 and Tencent's share price of HK$443, the dividend yield is about 3%.
3. No fractional shares will be distributed. If your holding is not in a multiple of 21 shares, you will be receiving cash instead.
4. It is likely overseas shareholders will get the shares because Tencent shares are held in custody by the brokers. They will be given the shares and in turn credit into the clients' accounts. If you don't want the JD.com shares you can sell them for cash.
5. But it is best to check with your broker. How would they handle odd lots? Different brokers may have different practices.
6. The Ex-Dividend date has been set on 20 Jan 2021. You have to hold your Tencent shares until that date to qualify.
7. The JD.com shares are fungible between the US and HK versions. But due to US securities law, you are not permitted to offer, sell, pledge or otherwise transfer JD.com shares within the US or to US Persons during the first 40 days of the distribution.
8. If you are in China and use the south-bound stock connect to access HK-listed shares, you can hold or sell JD.com shares but not buy them. I believe most will hold it because it is not possible for PRC investors to buy. What is hard to get is more coveted.
9. Tencent explains the move was to exit the investments when the investees become consistently capable of self-financing their future initiatives. Tencent believes that JD.com has now reached such a status.
10. If this is the case, given the large venture portfolio of Tencent's, shareholders might continue to receive dividend in specie for other companies.
11. Based on Tencent's rationale, I would expect shareholders to receive shares in Tesla, Meituan, Sea, Pinduoduo, Kuaishou and Tencent Music since these investment value are sizeable and these companies are big enough to fend for themselves.
12. This means that Tencent shareholders might not need to wait for Tencent share price to recover. Instead, your net worth is likely to increase via such dividend in specie if it continues. This is a value unlocking event by itself because Tencent's investment portfolio has not been adequately valued by the market.
2. Given this ratio and the JD.com share price of HK$279.20 and Tencent's share price of HK$443, the dividend yield is about 3%.
3. No fractional shares will be distributed. If your holding is not in a multiple of 21 shares, you will be receiving cash instead.
4. It is likely overseas shareholders will get the shares because Tencent shares are held in custody by the brokers. They will be given the shares and in turn credit into the clients' accounts. If you don't want the JD.com shares you can sell them for cash.
5. But it is best to check with your broker. How would they handle odd lots? Different brokers may have different practices.
6. The Ex-Dividend date has been set on 20 Jan 2021. You have to hold your Tencent shares until that date to qualify.
7. The JD.com shares are fungible between the US and HK versions. But due to US securities law, you are not permitted to offer, sell, pledge or otherwise transfer JD.com shares within the US or to US Persons during the first 40 days of the distribution.
8. If you are in China and use the south-bound stock connect to access HK-listed shares, you can hold or sell JD.com shares but not buy them. I believe most will hold it because it is not possible for PRC investors to buy. What is hard to get is more coveted.
9. Tencent explains the move was to exit the investments when the investees become consistently capable of self-financing their future initiatives. Tencent believes that JD.com has now reached such a status.
10. If this is the case, given the large venture portfolio of Tencent's, shareholders might continue to receive dividend in specie for other companies.
11. Based on Tencent's rationale, I would expect shareholders to receive shares in Tesla, Meituan, Sea, Pinduoduo, Kuaishou and Tencent Music since these investment value are sizeable and these companies are big enough to fend for themselves.
12. This means that Tencent shareholders might not need to wait for Tencent share price to recover. Instead, your net worth is likely to increase via such dividend in specie if it continues. This is a value unlocking event by itself because Tencent's investment portfolio has not been adequately valued by the market.
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