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 BJTOTO (1562), High Dividend Yielding Stock

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TSsmartly
post Jun 12 2009, 11:27 AM, updated 14y ago

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Strategy :-

Buy on every quater, since dividend is declared every quarterly.
Reinvest your dividend money on every qtr.

Advantage :-

Get higher return than FD rate.
Possible capital growth.
Averaging your entry price on every qtr.
Keep for your retirement fund. brows.gif
TSsmartly
post Jun 12 2009, 01:33 PM

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QUOTE(moorish @ Jun 12 2009, 12:38 PM)
how much is the last payout?
*
see below table :-



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TSsmartly
post Jun 12 2009, 02:03 PM

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QUOTE(moorish @ Jun 12 2009, 01:52 PM)
to be very honest I've no idea how to interpreted blush.gif

can you help tell me in english, say I buy 1 LOT 1000 x RM5 how much I get each quaterly?
*
example :-

1000units of BJTOTO...

1st interim 5sen = RM50
2nd interim 10sen = RM100
3rd interim 7sen = RM70
4th Final 8sen = RM80

TSsmartly
post Jun 12 2009, 03:23 PM

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QUOTE(AutumnFoliage @ Jun 12 2009, 02:46 PM)
but need to - tax again gua??  hmm.gif
*
if is not TE, then need minus tax but this tax can be claimed back from IRD while u submitting ur return.
TSsmartly
post Jun 15 2009, 06:36 PM

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QUOTE(mopster @ Jun 15 2009, 06:06 PM)
BJTOTO announce special and interim dividend today (1:14,19cents)  rclxms.gif  rclxms.gif
check out bursa annoucement...

but i dont understand what they mean by Ratio 1:14 for the special dividend.. can someone plz explain  blush.gif
*
Monday, 15 Jun 2009

5:54PM Distribution of Interim Dividend and Share Dividend
5:53PM Share Dividend 1 Treasury Share for every 14 Ordinary Shares held
5:51PM 4th Interim Dividend 11 Sen T.E.
5:50PM Interim Dividend 19 Sen (9 Sen T.E & 10 Sen Single Tier T.E.)

All together dividend is 30sen AND 1:14 share dividend.
WALAU, not bad.

1:14 mean, every 19 BJTOTO shares you hold you get 1 free..... thumbup.gif
TSsmartly
post Jun 15 2009, 09:22 PM

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QUOTE(whizzer @ Jun 15 2009, 09:17 PM)
eh... 1:14 shoud be every 14 share get one free ?  rclxub.gif

Like got 1 share distribution & 2 dividend ka?
Is the dividend after share distribution ?  rclxms.gif
*
aiyo, my mistake there, right, should be 14.

where got such thing one, obviuosly is after dividend only share distribution... rclxm9.gif
TSsmartly
post Jun 16 2009, 10:01 AM

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QUOTE(Soulsareworthless @ Jun 16 2009, 06:11 AM)
I hold 500 BJTOTO shares, a 1:14 ratio will mean I am entitled to 35.71 shares, so will I get 35 of 36 shares? How do I sell my 35/36 shares in the open market when everything is traded in 100 blocks?
*
likely to get 35 shares odd lot.
odd lot trading price are weird, easily 30% more (sell) or 30% less (buy) on current price.
can't place online, need to call dealer to place, hard to sell as well.

500 shares.... hmm.gif suggest you to buy 900 shares more to get 100 shares, then u wont get odd lots. laugh.gif
TSsmartly
post Jun 16 2009, 10:15 AM

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QUOTE(61eelat @ Jun 16 2009, 10:08 AM)
why there are multiple announcements for dividends?
What is the real dividends?
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the annoucement consists of interim dividend & share dividend
1) 4th interim div of 11sen
2) Interim div of 19sen
3) Share div of 1:14

1) + 2) = 30sen = 6% brows.gif another 7% of shares.
TSsmartly
post Jun 16 2009, 10:30 AM

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QUOTE(panasonic88 @ Jun 16 2009, 10:23 AM)
how many shares of Bjtoto you hold, smartly?

p/: i'll be joining you soon tongue.gif
*
5000 units only but need to buy 600 shares more to avoid getting odd lots. laugh.gif
queuing on the board now...hope can get...
TSsmartly
post Jun 16 2009, 11:30 AM

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QUOTE(panasonic88 @ Jun 16 2009, 11:17 AM)
limited funds here, i'm queueing for 5.15 at 700 shares.

700/14 = 50 shares

so i wouldnt be having odd lots. will buy more after ex-date to make it a complete unit. biggrin.gif
*
50 shares is also consider odd lots, bcoz, current trading lot is 100 shares.
buy 1400 shares la, 1400/14 = 100 shares laugh.gif
TSsmartly
post Jun 16 2009, 11:42 AM

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QUOTE(panasonic88 @ Jun 16 2009, 11:36 AM)
whops! yah wor! unsure.gif

i wish to buy 1400, but i have limited funds, grrr.

doesnt matter la, no round up oso never mind.

i also have odd lots from Pbbank treassury share, just leave it as it is la, hehe!
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me too, i own odd lots on PBB, didn't top up to get rid of odd lots the other time. doh.gif
TSsmartly
post Jun 16 2009, 01:37 PM

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QUOTE(panasonic88 @ Jun 16 2009, 12:09 PM)
odd lots do no harm mah, you get more dividends from it tongue.gif

my 5.15 not yet match.

smartly, what price you queue?
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i'm in no hurry to buy, so i queued at 5.10. tongue.gif
5sen lower than your one. laugh.gif
TSsmartly
post Jun 16 2009, 02:49 PM

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QUOTE(mopster @ Jun 16 2009, 02:18 PM)
im queueing at 5.15 above my TP price of 5.00 actually.....  1400 shares only..
if it really drops i'll get more  drool.gif  drool.gif
*
wow, damp bloody strong...5.20/5.25...
TSsmartly
post Jun 16 2009, 03:17 PM

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5.30 shocking.gif
TSsmartly
post Jun 16 2009, 05:05 PM

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closed 5.25. not bad.
TSsmartly
post Jun 16 2009, 06:27 PM

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QUOTE(whizzer @ Jun 16 2009, 06:07 PM)
This is my first share returns & using nominee account. Does the remisier help you to even the lots ? e.g. help you to buy or sell to reach your even lots. I think for them if they have lots of BJTOTO share customer, they can do that right ? Also do they charge any fee for "processing" ? If so how much ? (Note : I m using M2U Stock Trading A/c)
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nominee account... then you need to buy up to make it with complete board lot (100 shares). need to call your remisier to help u place odd lots
placement. Price vary a lot from market price...

actually the simplest way to do is buy the remaining/shortfall from market to ensure you entitle a complete lot share distribution.
e.g
the share distribution is 1 lot for every 14 lots.
if u own 1000 shares, then buy additional 400 shares u will entitle 100 shares (1lot)
if u own 2000 shares, then buy addtional 800 shares u will entitle 200 shares (2lots)
if u own 5000 shares, then buy addtional 600 shares u will entitle 400 shares (4lots)
TSsmartly
post Jun 16 2009, 07:33 PM

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QUOTE(elhh82 @ Jun 16 2009, 07:24 PM)
Actually you can just sell the share before the ex-date and buy back after too. smile.gif
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there is good & bad by doing so. things are not so straight forward.
either you can buy back lower or may not catch it anymore.

stay with existing holding ensuring you sitting tight while enjoying everything fall from the sky (div, bonus & share div)
need not bother much, just keep till you retired...
TSsmartly
post Jun 17 2009, 12:04 PM

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QUOTE(elhh82 @ Jun 16 2009, 10:43 PM)
Should be = (Closing Price before the Ex-Date - 30 cents) * 14 / 15.

Don't know if i'm correct or not though, but i think  that makes sense.
*
Yes, the formula is correct.

Wow, a lot of hidden tiger and crouching dragon here....don't play play. rclxms.gif
TSsmartly
post Jun 17 2009, 06:11 PM

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QUOTE(fergie1100 @ Jun 17 2009, 05:58 PM)
so if BJTOTO closed @ 5.3 the day b4 ex-date, the adjusted price is going to b around RM4.6?
*
Should be RM4.66.
6sen is important friend, don;t miscalculated it. thumbup.gif
Those holding 10,000 shares is 600 bugs there.
TSsmartly
post Jun 18 2009, 12:00 PM

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take the div & reinvest every qrtly.
keep as retirement fund.

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