Signing in.

Yup Sealink down already. So those wanting it get bullets ready....

Hehehe...good that Uchitech (-tard) is up. And Maybank too...

Haha....Unless like me, buy before the cap repayment & div....Now stuck for umpteen years......
Wait long long lah....until old man, will see the price go back up. Now paper loss.

Yup...settled ady...3.16, better a profit than no profit....
Reports from 2 research houses already indicate this Underperform stock...TP less than RM3.00.

The only thing that will be worse is tomorrow it cheong back to 3.2x....Then I will really
After all, biggest shareholders are Penerbangan Malaysia & our EPF (that's all of us if u contribute to EPF)...

Hey maybe that's why the price did not junam...EPF buy from left hand, sell to right hand....

Hi....Intraday transaction will not get you the dividend. If you buy on the day before ex-date, you need to hold it till the next day to qualify for the dividend. If you buy this morning, sell this afternoon and ex-date tomorrow, you will not get the dividend. You must be holding the shares through both days, the date before ex- until the ex- date. You can then sell your shares on the ex-date but the price has been corrected.

Yes you are correct on the top portion. The price on ex-date will be 0.90 (thereabouts), but if people really like the company, you may see the price rise too. So sell it then. Last year, I happened across Zelan like that.

Gopeng - not sure...Never study ini punya company.

Aiya, both share I also have....Tanjong still yet to break my buy price of 13.60. It did not drop enought to 12.80 for my averaging down plan....But still got 15sen (after tax) div.

And Sealink, aiyo, drop soooo much 4 sen....but oil prices dropped last Friday, so not surprising. I still holding my Sealink, since I buy at around 0.6x, then still have 4sen div...Hehehe...About 6.25% yield...Somemore price appreciate...Hold long term....

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Added on June 15, 2009, 1:27 pmI am not sure what you are planning or hoping for your purchase. It is NOT ALWAYS a scenario where you can buy before ex and sell on ex with a profit. Let me illustrate.

Company A: Ex-Date 16th June, Div: $0.10 per share, Share closing price: $1.00 on 15th June. Say you buy 10,000 shares on 15th June.
So you own 10,000 shares worth $10,000.

On 16th June, the company will pay out to you $1,000 base on your 10,000 shares holdings. Obviously, if the share price remained at $1.00, then you would have made $1,000 just by buying the stock on the day before ex- and then sell on the ex-date at the same price if the price was not adjusted.

No company would give you this chance go earn so easy money. So the share price will be adjusted accordingly, perhaps to $0.90.
So your 10,000 shares are now worth $9,000 with your dividends $1,000 that equals what you paid on 15th June = $10,000. This is how it works.

Occasionally some traders may really want those shares and drive the price back up to $1.00 and you are in win-win if that happens. Most of the time, it will trade lower on the day of the ex.



This post has been edited by VyvernS: Jun 15 2009, 01:27 PM

Aiya....few days ago reach RM13, did not pick up any? I missed it too. When down, hoping for lower, then when it go back up, hope it was at the down price....

cherroy, how would you gauge a dismal Q results? Loss, or less profit? And what would be a generous dividend? More than 15sen? As i know, every quarter also declare dividend last year. Not sure this year got or not. Keep fingers cross for the next week announcment....

Generally, most O&G related counters down today follow the crude oil prices.

This category (O&G) quite bullish in coming months, expecting that US will use more petrol for summer holiday travels (unless they cut down), but as winter approaching, price of energy expected to rise.

Also, inventories & production can be manipulated. I think OPEC, or UAE/Bahrain/Qatar etc. will ensure price of oil reaches USD75/barrel else later on, instead of high rise apartments they will just have lots of high rise concrete.

Last few weeks see rise of oil from $62-$63 to $70+....Some pullback definitely expected. Some more, MAS say if oil maintain above $66 for rest of quarter, they can expect see profit recovery. Wow...

Hey, how long have you been trading shares? If you don't mind me asking.....

$0.77 for today is quite high, considering it opened at $0.72. And if it did not close at $0.77, you will see 2sen off the closing price today. Just curious, why you buy Gopeng for 100,000 shares @ $77,000 for 2.6% div when you could have bought any other more fundamentally strong company for that amount? And some companies offer higher dividend yield.

In fact if I had $77,000 I would have sapu the Tanjong kao kao when it was at $13. Only not enough capital then have to average down at lower prices....sigh....

I think so too....Last dip was about two weeks ago (I remember, did some purchases then), then the steady climb till now....So probably just a correction.

Sealink 0.86...Wow....0.85 I will q...hehehe

Hey Omores - any link to track oil prices realtime? Is Yahoo commodities real time?

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Added on June 15, 2009, 3:59 pmOkie!
Wat ur TP la? Everyone last week hoping Sealink back down so can buy, now down already, anyone buying? Hahaha

This post has been edited by VyvernS: Jun 15 2009, 03:59 PM

Thanks for the link, Pana!

Yup.....Average up. It ran amok last week, I did not think it would actually reach $0.95. Monitoring it and it just go up and up, then i got the jitters and did not buy. Luckily, because this week offer cheaper.

Now that it is down, there is a window of opportunity to average up, but at a lower price from last week. This price is better, about $0.10 down. I doubt it will slide all the way back down to $0.6x. If i average at $0.85, my ABP will be $0.75, dividend yield still >5% offered by Sukuk.

Hands itchy.....Suppose to just hold, but the price too delicious.... Need some discipline, but after I buy this $0.85

This post has been edited by VyvernS: Jun 15 2009, 04:07 PM

Back....aiyo.....now my screen all the red!

Cancelled the q at 0.85 for Sealink....Mana tau it drop so far. Now need to stand back and see whether I want to proceed or not.

Bargain time, not always got this chance...Review review.....Must plan properly what stocks to buy...Limited capital.

Hmm...Carotec, what company is this? I sort of remember it is linked to another company on the bourse...Anyone able to help out to confirm this?

I see a war between 0.835 and 0.85 on Sealink......I got 3 green, 4 red and 1 yellow now....Don't know what it will look like at 5pm Hahaha...

Actually at this moment it is KLCI red......At 4.50pm, you may see +0.xx....Then it is green.....

This post has been edited by VyvernS: Jun 15 2009, 04:46 PM

HAHAHAHAHA!!!! I see something green.....it says 1.02

http://www.bloomberg.com/apps/news?pid=206...id=aQN14KenFD6g

According to this article, apparently investors feel that share prices have outstripped the prospects for earnings. Hence Asian & European stocks have fallen on this speculation.

I believe that should data output from US be favorable, there would be a reversal of this trend. My opinion though.

http://money.cnn.com/2009/06/12/markets/ma...ahead/index.htm - This article from CNN has what's coming out this week from US data.

Omores and mememe12 both going to utilize Uncle Lim vouchers....

Enjoy your trip and have good leisure there....Occasionally check up with LYN ya, and post us if you here any rumours from uncles and aunties up there....Maybe their tips can be accurate.