"MARKET REBORN LIKE A TIGER ROAR !!!"

Hmm... I think the topic description needs to be changed.

is the takeover confirm?

anyway, does big shark listen?

Yesterday just started the proposal. May need to wait some time before final buyout. Not sure how long.
But, at least set some fair value of KNM, right?

curiosity bore me.. haha

big sharks cant wait to take this opportunity to dispose their knm shares.

big sharks = epf

big shark counter controls if the share should go up or down ...

so i rather buy counter that big shark cannot touch ... like bjtoto, jtinter, bat, tanjong, mphb and hold

CI recover a bit...

maybe they need money to save other counters.

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Added on February 5, 2010, 9:17 amYou like sin counters.

This post has been edited by chyaw: Feb 5 2010, 09:17 AM

Most of FBM30 are down....
My non FBM30 counters move very little....
But the counters i monitor hardly move at all

volume is low, alot of sideliners & uncertainties.

no rush to buy anything

anyone know why petra suddenly stop trading

Waiting for Zhulian to drop to 1.8x..

Maybe waiting for HS to open.

Checkout CSCSTEL dividends. Rm0.20 and it's price at Rm1.5x only now. Charts shows a breakout yesterday and dip now because of weak market sentiment.

Probably due to the results of yesterday's AGM. Change board!

Agreed....Big fallers are FBM30, cumulative effect.
I cannot see a good deal, though I am tempted with Superman...

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Added on February 5, 2010, 9:28 amOh I see....TQ. You have answered a question I posted yesterday.
It was on the uptrend recently, rupa rupanya RM0.20 divvy.

EDIT: Net is 15.25sen, 4.75 sen tax..

Hmmm

This is it....

Type : Announcement
Subject : CSC STEEL HOLDINGS BERHAD
- RECOMMENDATION OF A FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2009

Contents : The Board of Directors of CSC Steel Holdings Berhad has recommended a final dividend of 13% or 13 sen per share less 25% tax and a special dividend of 7% consisting of a franked dividend of 6% or 6 sen per share less 25% tax and a single tier system of dividend of 1% or 1 sen per share for the financial year ended 31 December 2009 for payment on 12 July 2010 to the shareholders of the Company whose names appear on the Record of Depositors at the close of business on 30 June 2010 subject to the approval of the shareholders in the forthcoming Sixth Annual General Meeting of the Company, date of which would be determined and announced in due course.

The higher rate of dividend of 13% or 13 sen per share recomended for the financial year ended 31 December 2009 as compared to the corresponding period in the previous year of 8.5% or 8.5 sen per share less 25% tax was because of the higher profit achieved for the financial year ended 2009 and is in line with the Company's dividend policy of distributing not less than 50% of the annual profit after tax while the special dividend is a reward to the shareholders.

Any subsequent dividend recommended or declared by the Company in the future will be in the form of single tier system of dividend.




This post has been edited by VyvernS: Feb 5 2010, 09:34 AM

Is the dividend propose or comfirm already? So how much is the dividend yield? Rm200 per 1000 shares?

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Yup got your answer, thanks/

This post has been edited by protonw: Feb 5 2010, 09:33 AM

- RECOMMENDATION OF A FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2009

CSCSTEEL = every 1000 shares, you'll get RM152.50

hey that's equal to 9.96% DY liao

damn!

thought kpj is going south as well ....