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Erik Member Star
Total Cumulative Posts 28
Joined Jul 2012
Country MALAYSIA
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Corporate

STOCK: DIGI (6947)

Blog 07 Feb 2015, 11:58:20 AM
It has been one full year since DiGi's price movement has been on an uptrend from RM5.00 in early February 2014 until last Friday touching a high of RM6.50.

Mind you, that's a record achievement of 30% p.a. increase in its price without faltering along the way, if you disregard the minor ups and downs - the so called noise level.

DiGi's 4th quarter results will be out any time soon. I hope it would be a good one and expect dividend of no less than 7 sen/share to be announced.

Fingers crossed.
Corporate

STOCK: PANAMY (3719)

Blog 05 Feb 2015, 3:16:21 PM
Panamy's price movement is showing signs of uptrend by the following indications:

1) On 19/1/2015 when the 25 day exponential moving average EMA(25) indicator cuts above the EMA(50)indicator; and
2) On 28/1/2015 when the price @20.70 cuts above the EMA(200) indicator at 20.268;
3) Currently both EMA(25) and EMA(50) indicators are trending upwards.

Hopefully the upward trend will continue until the 4th quarter of FYE 2015 announcement is made somewhere in the middle of the year. By which time if (I say IF) the upward momentum continues you would expect both the EMA(25) and EMA(50) indicators to have cut above the EMA(200) indicator.

I expect the final and special dividend to be normalized like previous years. What do you think? Any feedback is welcome.
Corporate

STOCK: APM (5015)

Blog 02 Jul 2014, 7:49:11 PM

Trading of APM has been exceptionally active for the past 7 trading days, including today.

Although the closing price has receded 2 sen to RM5.93, I noticed that throughout the 2nd session many sell queues offered @ RM5.93 were just wiped off the table ("matched")at one go.

All in all 660,000 shares were transacted today. I hope some good news will be announced by late August.

Trade at your own risk.{:smile}
Corporate

STOCK: TGUAN (7034)

Blog 28 Feb 2014, 2:11:45 PM
Although this counter has been recommended by some bloggers, it is however not advisable to enter ahead of its quarterly earnings announcement. This rule applies to other counters as well.
Corporate

STOCK: IGBREIT (5227)

Blog 06 Feb 2014, 11:47:04 PM
[QUOTE=ILoveDividend @ 06 Feb 2014, 09:53 AM]3172[/QUOTE]

There are some encouraging news from the CEO of Sunreit Datuk Jeffrey Ng that despite the ongoing refurbishment work in Sunway Putra Mall and its attendant loss/reduced income the management shall at least maintain the distribution per unit (DPU) for FY13 and FY14 by implementing organic growth initiatives to cushion the adverse impact.

(Read the write-up in Sunbiz p. 18 August 7, 2013)

Sunreit has reserved capex over the next 2 to 3 years in excess of RM500m for asset enhancement initiatives (AEI), the bulk of which is allocated for the Sunway Putra Place.

I believe the AEI for the Sunway Pyramid shopping mall under Oasis Boulevard Phase 5, in which H & M is located should be completed by now.

A double-digit (upward) rental reversion exercise is also under way for this FY14.

Upon the implementation of its strategic plans including the completion of refurbishment of Sunway Putra Place in 2015, any increase in DPU will be a bonus/reward for all you patient investors.{:smile}
Corporate

STOCK: IGBREIT (5227)

Blog 05 Feb 2014, 5:57:48 PM
IGB REit was listed at an offer price of RM1.25 where 469 million units were offered to Malaysian and overseas institutional investors.

The public subscription of 34 million units was oversubscibed many times.

To date the public and institutional investors, if they have kept their allotment until now, would have received a total of 5.2 sen gross/unit.

At the last traded price of RM1.19 (CD of 3.61 sen/unit) they would still have incurred a loss of about 1sen/unit.

From the above scenario, I believe the downside is very much limited. The only shortcoming for now is that most of the REITS including retail ones fall out of favour of investing public.

Unlike PAV Reit, at its IPO price of 88 sen/unit the original investors are still enjoying a hefty profit at the last closing price of RM1.26.
Corporate

STOCK: APM (5015)

Blog 22 Jan 2014, 5:48:05 PM

Normally APM is a thinly traded counter. But if you observe today's (22 April)share price movement in the afternoon, there are 3 bouts of buying @ 500 lots/transaction each which pushed up the price from RM5.77 to RM5.80. Near the close of trading sell queue was "drying" up.

There seems to be sudden interest and accumulation in this counter. I can see the sign of confidence of investing public (or smart money?) returning to APM.

Hope the Co will repeat with a final special dividend for FY2013, maybe another 30sen as in the interim special dividend just paid in 3Q FY2013. Maybe bonus? There's no record of bonus in the above table, yes?



Corporate

STOCK: KSENG (3476)

Blog 24 Dec 2013, 6:40:25 PM
I don't understand why investors are chasing this counter in anticipation of a special dividend of 95sen from the Co.

Over the past few years there were abrupt bouts of euphoria pushing its price sky-high, only to have their hopes of a special dividend dashed.

Meantime, investors have to be satisfied with receiving 10sen/share dividend each year waiting hopelessly at the sideline.

If I were these investors, why not take a punt on Tasek Cement instead which rewards investors with special dividend each year, and its payout is growing too.

Just my 2sen worth of opinion, buy at your own risk.
Corporate

STOCK: IGB (1597)

Blog 29 Nov 2013, 7:29:42 PM
"Who knows better about the company than the directors who initiate the buy-back themselves?"
With one stroke of a pen IGB has on 29/11/2013 cancelled almost 125.5 million of its treasury shares. On the same date the company buys back 385,500 of its own shares to be retained as treasury shares.
At last the BIG question is answered what the company intends to do with their 125.5m treasury shares, close to 9.6% of its paid up capital.
As a result shareholders' hope of receiving distribution of dividend in specie, for the time being, is dashed.
Nevertheless, shareholders are rewarded with an interim dividend of 5sen L.Tax/share on the coming Xmas eve.
In any event, it is a piece of good news - the share price is stabilised (despite EPF continually dumping IGB shares) and its eps is enhanced.

Corporate

STOCK: VIVOCOM (0069)

Blog 18 Aug 2013, 9:22:26 AM

Instaco is listed under the ACE market by way of a reverse take over of an ailing co some time last year. It comes with a growth story "Instacom aims to fibre up Peninsular Malaysia" (1).

Its corporate movements & share price movements attract the attention of not only male investors but one and all. In that sense, I think it is a sexy stock. Don't you think so?

Take note that the CEO of the Co said in the recent EGM that Instaco will not be paying dividends any time in the near future because its business is capital intensive.

Going forward I think the next 2Q result of the Co will soon be announced and it should be satisfactory, and it is my personal opinion that followers of Instaco might "goreng" a bit the free warrants (2) once it is listed by end of this September.

Honestly, I would prefer to see a more orderly trading of Instacom shares in the market that commensurates with their quarterly performances to check whether the Co meets their forecasts/projections stated in their prospectus upon listing.

(1) SunBiz section of theSun on Monday August 5, 2013
(2) See Instaco Bonus/Rights Issue Box above
Corporate

STOCK: HEIM (3255)

Blog 24 Oct 2012, 5:25:51 PM
[QUOTE=Francisleong @ 24 Oct 2012, 07:24 AM]2028[/QUOTE]
The Registrar for GAB will announce to Bursa the Ex-Date for the final dividend payment in due course. You can also monitor the announcement made in the above Table: GAB Dividend History.
Corporate

STOCK: HEIM (3255)

Blog 23 Oct 2012, 8:49:56 PM
According to the 4Q announcement to Bursa on 28/8/2012, GAB had declared final dividend of 55sen/share to be paid on 21/12/2012.

This will be subject to the approval of shareholders at the forthcoming 48th AGM, date of which will be announced later.
Corporate

STOCK: TASEK (4448)

Blog 18 Oct 2012, 5:57:37 PM
According to the edgemalaysia.com 17/10/12, 2 major shareholders have in recent weeks acquired more Tasek shares, raising the share price to as much as 80 sen to RM12.80 at 12.30 noon on 17 October.

The report pointed out that Aberdeen had raised its stake in Tasek following the acquisition to 12.1% as at Oct 10, from 9.3% in November 2011. Mitsubishi which is a major shareholder of Aberdeen has also seen its indirect stake in Tasek shares after its acquisition increased to some 15%.

Tasek's annual report disclosed that H L Cement (M) Sdn Bhd, controlled by Hong Leong's Quek, is the largest shareholder with a 74.3% stake in Tasek.

Are these signs of an imminent privatization of Tasek?
Corporate

STOCK: NESTLE (4707)

Blog 18 Sep 2012, 5:44:45 PM
[QUOTE=Francisleong @ 18 Sep 2012, 08:12 AM]1864[/QUOTE]
Hi Francis,

The last AGM (28th) was held on 26 April 2012. There's always a carnival mood in every Nestle AGM; just look at the turnout of Nestle shareholders. Wait for the Co's announcement and make a date for the next AGM in 2013. I believe the 100 years Co anniversary had already been celebrated in the last AGM.
Corporate

STOCK: IGB (1597)

Blog 05 Sep 2012, 5:32:30 PM
The closing date for the IGB REIT application under the Reserved Units by eligible IGB shareholders (Blue Forms) has been extended to 5.00 pm on 6 September 2012.

This is because there was delay in the despatch of the offer documents and Prospectus by the Registrar to the Co's shareholders.
Corporate

STOCK: IGB (1597)

Blog 04 Sep 2012, 4:51:32 PM
Hi

The closing date for the IGB REIT units by eligible IGB shareholders is today (4 Sept) at 5pm. I have just received my blue subscription form/Prospectus by ordinary post today at about 1pm. I managed to complete the Form and delivered by hand to Symphony on time, but buying the Banker's Draft was a real hassle {:sweat}
Corporate

STOCK: IGB (1597)

Blog 31 Aug 2012, 10:20:18 AM
[QUOTE=Francisleong @ 31 Aug 2012, 08:54 AM]1739[/QUOTE]
Hi Francis,

If you have purchsed IGB before 15/8/2012 (ex-date) you will be entitled to purchase 80 IGB REIT units for every 1000 IGB shares you held prior to ex-date at the retail price not exceeding RM1.25/unit.

Yes, the offer from IGB will come to you in a subscription form in whatever colour blue/pink/white. I think I will post it here as soon as I receive the subscription form.

From the Bursa announcement, it appears that IGB has waived the 10% dividend payment in their 2Q announcement. However, I believe the Co would most likely pay shareholders an expected first & final dividend of 15% in March 2013 in conjunction with its full year's announcement expected to be on Feb 2013.

Keep your fingers crossed for a special dividend and a dividend-in-specie distribution because the Co is still aggresively buying back its own shares. Cheerio.
Corporate

STOCK: AEONCR (5139)

Blog 28 Aug 2012, 5:17:40 PM
The Chairman commented at this morning's EGM that although the Bonus Issue (1:5) is small, he hopes to see this meeting as a recurrent event. I presume what he meant was that another bonus of a similar quantum could be in the offing in future.

The bonus issue is expected to be completed in the middle of next month. The 2H result is expected to be announced thereafter. If the performance turns out to be impressive, we cannot discount the possibility that the market could bring its share price back to its pre-bonus level in view of the small (1:5) bonus issue.

The above statement is merely my personal opinion, upon which kindly exercise your own judgment.
Corporate

STOCK: PLENITU (5075)

Blog 11 Aug 2012, 10:36:47 AM
All you guys there are saying Hello to Huayang and GOODBYE to Plenitude. Fans of Huayang will like this write-up mystockfolioblogspot.com/search/label/HUAYANG. The majority wins the case!
Corporate

STOCK: KASSETS (6653)

Blog 10 Aug 2012, 12:45:09 PM
[QUOTE=TeckLau @ 09 Aug 2012, 04:22 PM]1519[/QUOTE]
Hi

Buying KAssets at the current price is an indirect way of buying the soon-to-be listed IGB REits in the grey market. Just 1 day ago you could get IGB REits at a price lower than its indicative price of RM1.25, but at today's price of KAssets you have to pay for a slight premium.

The other route is through the purchase of IGB shares for which you are allocated a miserable 80 IGB Reits for every 1000 IGB shares at RM1.25/unit.

Alternatively, you could wait for the public balloting of 30 million units of IGB Reits next month but the success rate for such a small allocation is very slim.

If you like IGB REits and believe in its long term growth and yield which one of the above will be your likely options?
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