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 2925 CCB - Cycle & Carriage Bintang, Is giving Special Dividend RM1.20 !!!

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kmarc
post Jul 30 2009, 10:24 PM

The future is here - Cryptocurrencies!
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14,576 posts

Joined: May 2006
From: Sarawak



Wah! I went out for a while and come back to see page 2 already. UMA UMA!!! biggrin.gif Like new IPO just listed! sweat.gif

Anyway, won't be joining the Q tomorrow as I'm working and the historical chart showed that the price after the huge jump didn't go up much.... RM3.30 to RM3.40?

Might consider this counter next time after ex..... Would be a nice counter for dividend play, hold for long-term, sell after price jump before ex, then buy back after ex when the prices gradually drop.... hmm.gif No taxes from dividend!!!

Anybody posted this one before? From the star : http://biz.thestar.com.my/news/story.asp?f...27&sec=business

This post has been edited by kmarc: Jul 30 2009, 10:27 PM
kmarc
post Jul 31 2009, 01:00 PM

The future is here - Cryptocurrencies!
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Elite
14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(panasonic88 @ Jul 31 2009, 12:21 PM)
making a note

CCB is limit up when market starts. completely no chance to buy at all.

this gem is worth to buy and keep after the ex-date. rolleyes.gif
*
Yup, let the price drop slowly ex-date, then buy some for annual sale!!

Just wondering, if I have a company ABC giving dividend RM1.00 and the price jump up RM1.00, then the company's capital is not used ma..... can't the insiders jack up the price and not use the profits for distribution? hmm.gif

 

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