EPISODE #125: Cebu Pacific Air, Inc. (CEB) Stock Rights Offering - Peso Smart PH

If you're holding some Cebu Pacific Air, Inc. (CEB) stocks then you probably know by now that they've offered stock rights to their current stockholders. This is a preferred stock, CEBCP - Cebu Air, Inc. Convertible Pref, which will give you a 6% annual dividend yield and can be converted into actual CEB common stocks. The offer period has already ended yesterday, but I decided to cover this topic in today's episode so that we're all ready if ever one of the stocks we're holding announces a stock rights offering. This way, we know what to do, and expect if and when it happens. Hope you learn a thing or two from this episode!

“Time is the friend of the wonderful company, the enemy of the mediocre.” - Warren Buffett

All BG Music from Audio Library

➜ https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA

––––––––––––––––––––––––––––––

Mind Travel by Jay Someday https://soundcloud.com/jaysomeday​

Creative Commons — Attribution 3.0 Unported  — CC BY 3.0 

Free Download / Stream: http://bit.ly/-mind-travel​

Music promoted by Audio Library https://youtu.be/0FBXuZiXX40​

––––––––––––––––––––––––––––––