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2925 CCB - Cycle & Carriage Bintang, Is giving Special Dividend RM1.20 !!!
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TSpanasonic88
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Jul 30 2009, 09:26 PM, updated 17y ago
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guys, some cool news 2925 CCB (Cycle & Carriage Bintang) was suspended today, guess what, they are giving a SPECIAL DIVIDEND worth RM1.20 & INTERM DIVIDEND of RM0.05 today's closing at 2.66 tomolo resume trading!! that's equivalent to 45% yeild man! This post has been edited by panasonic88: Jul 30 2009, 09:30 PM
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TSpanasonic88
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Jul 30 2009, 09:26 PM
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TSpanasonic88
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Jul 30 2009, 09:27 PM
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CCB usually announce SP on end of July, look at the chart. what a spikey pointer there!
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claricecmw
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Jul 30 2009, 09:32 PM
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Hi all,
Is it easy to buy this stock coz the shares issued is kinda low compared to other companies' stocks....?
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Mikiyo
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Jul 30 2009, 09:33 PM
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pana jie....i dun think ill join the boat for the ccb....got bad news for this company ler...its not profitting and its no longer the sole distributor of benz in the country....
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TSpanasonic88
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Jul 30 2009, 09:34 PM
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QUOTE(claricecmw @ Jul 30 2009, 09:32 PM) Hi all, Is it easy to buy this stock coz the shares issued is kinda low compared to other companies' stocks....? if you post this question yesterday, YES if you post this question today, NO  forsee a huge queue to buy on tomolo morning. good luck in getting yours.
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teehk_tee
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Jul 30 2009, 09:39 PM
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i'm in. my best guess is TOP at about 2.91. (about 9% jump), then trading might probably limit up 30% by noon.
good luck getting out once you're in. problem's not getting in, is getting out. might get trapped by very low volume if you're not out.
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claricecmw
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Jul 30 2009, 09:40 PM
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How much do you think we should start with the bid? I don't we can get at the closing price anymore...
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TSpanasonic88
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Jul 30 2009, 09:40 PM
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20k VIP Club
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QUOTE(teehk_tee @ Jul 30 2009, 09:39 PM) i'm in. my best guess is TOP at about 2.91. (about 9% jump), then trading might probably limit up 30% by noon. good luck getting out once you're in. problem's not getting in, is getting out. might get trapped by very low volume if you're not out. see you tomolo in the battlefield. or we hold hands go holland together.
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lsmpro80
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Jul 30 2009, 09:41 PM
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yaya.. waiting for it.. come on.. daytrade is what range man ..
guys.. what sort of range.. ?
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kroegand
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Jul 30 2009, 09:43 PM
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QUOTE(teehk_tee @ Jul 30 2009, 09:39 PM) i'm in. my best guess is TOP at about 2.91. (about 9% jump), then trading might probably limit up 30% by noon. good luck getting out once you're in. problem's not getting in, is getting out. might get trapped by very low volume if you're not out. hmm risk of hard to get out is higher after the X date i presume. so buy fast and get out fast too
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lsmpro80
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Jul 30 2009, 09:44 PM
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okay.. roger that.. let's rock it tomorrow.. hopefully not stuck in like a mad bear
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teehk_tee
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Jul 30 2009, 09:45 PM
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i'm afraid everyone's asking the same question. what's the entry price? what's the TOP(theoretical opening price)? it's up to you to guess it. u can give it a pessimistic 10% jump at TOP or 5% jump. my best advice, take a look at last year's chart for this stock. then you'll have a better view of what to expect for tomorrow. Added on July 30, 2009, 9:47 pmQUOTE(panasonic88 @ Jul 30 2009, 09:40 PM) see you tomolo in the battlefield. or we hold hands go holland together.  hehe pana jie, i'm not gonna sailang this stock. haven't experienced such thing before so i need to be careful or else gonna REALLY go to holland d. This post has been edited by teehk_tee: Jul 30 2009, 09:47 PM
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nujikabane
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Jul 30 2009, 09:48 PM
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When is the ex-date?
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protonw
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Jul 30 2009, 09:49 PM
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QUOTE(panasonic88 @ Jul 30 2009, 09:34 PM) if you post this question yesterday, YES if you post this question today, NO  forsee a huge queue to buy on tomolo morning. good luck in getting yours.  Buy after x or months later.
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SKY 1809
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Jul 30 2009, 09:51 PM
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Start key in buy orders now.
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lsmpro80
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Jul 30 2009, 09:51 PM
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Ex Date : 26th August
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nujikabane
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Jul 30 2009, 09:52 PM
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Oh, found out about it already, the ex-date is 26 Aug.
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teehk_tee
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Jul 30 2009, 09:52 PM
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QUOTE SPECIAL DIVIDEND
The Board of Directors of the Company is pleased to declare a Special Dividend of RM1.20 per share less 25% tax, amounting to a net dividend of about RM0.90 per share. The total cash payment is RM90.7 million based on the present share capital of 100,744,500 shares. QUOTE 2925 CCB CYCLE & CARRIAGE BINTANG BHD Special Dividend RM1.20 Entitlement Details: Special Dividend of RM1.20 per share less income tax of 25% (2008: RM1.35 per share less income tax of 26%)
Entitlement Type: Special Dividend Entitlement Date and Time: 28/08/2009 04:00 PM Year Ending/Period Ending/Ended Date: 31/12/2009 EX Date: 26/08/2009 QUOTE 2925 CCB CYCLE & CARRIAGE BINTANG BHD Entitlement Details: Interim Dividend of RM0.05 per share less income tax of 25% (2008:RM0.05 per share less income tax of 26%) Entitlement Type: Interim Dividend Entitlement Date and Time: 28/08/2009 04:00 PM Year Ending/Period Ending/Ended Date: 31/12/2009 EX Date: 26/08/2009 hope this helps. This post has been edited by teehk_tee: Jul 30 2009, 09:53 PM
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