Try to dupe someone into your pirate ships?

He is saying he does not have the confidence in the markets.

As said before Feb-April, price generallly quite firm one, if looks back at historical chart.

Panamy has around or more Rm7 per share in cash, so ability to give generous is there, besides lastest Q result actually quite good, so increase the chance of giving the same generous dividend like last year.

Actually, based on price today, less than 25%.

BTW did anybody applied for the MAS excess share for the rights that was not excercised? If so, how much was it?

I think you can apply any amount, but no guarantee of getting it.

Usually , they allot more to retailers, balance picked up by big funds ( if due to poor response ).

hmmm... so people are getting the share at RM1.60 for... free?

Free ?

Where is your source of information ?

Then how on earth MAS gets the money to expand ?

Er... this is what I understand of the issue...

The rights (MAS-OR) lets you buy MAS shares at RM1.60. MAS is getting the money from people who are paying that price to get the share.

However the "right" to buy the share at that price is not free. I bought it in the open market and then excercised it. I understand that there people who chose NOT to do it, so people can apply for the share at RM1.60 for those unused unit. But I am not sure if the application is "free".

Correct me if I am wrong

This post has been edited by PBB boleh: Mar 4 2010, 04:16 PM

XDL... let's wait and see if it can go even lower~~

i did a little study last night, based on Maximum price of each year, Haio is traded between 12-13x PER... except for year 2008 traded at 6.62 PER..
so... if this year's forecast can reach 92c and trade at 12x PER, the fair price should be around 11.04...

yah... probably that is in my subconscious, thats why i'm not buying anything...

I think PNB or MAS may distribute some OR forms for their employees to buy.

Originally, they owed the OR forms.

So the forms could be free in that sense.

hmm dialog looks interesting...
price has been stagnant and some volume is there...
and next qtr may get some tasteless diluted divvy... hopefully got 1cent.. haha

This post has been edited by mopster: Mar 4 2010, 04:20 PM

It is not free, you must have -OR in order to apply for the excess one.

Let say you bought 1,000 share of -OR at Rm0.10 to buy MAS 1,000 share at Rm1.60, so you cost is RM1.70

Now you apply the excess let say 1,000 share so you will have 2,000 share at RM1.60. Now your average cost become Rm1.65 after taking consideration of -OR cost of RM0.10.

It is not free.

sharks spotted in KNM counter

Today market boring lar, any news of the interest hiking?

OIC, so u cannot apply if you do not have the OR in the first place?

Thanks, Learn something today.

Tempted last round of dividend but then forgotten.

Just look back last year this time, the price has moved rm2k+ regardless of dividend that already in Cherroy taikor's pocket... Dividend+ growth....

I want to make sure I must have this counter in my portfolio in the year of 2010

my personal experience :

i tot can buy cheaper after ex.... but the opening price is always higher than the adjusted price.. i dont get the full discount price of the divvy..
so after a few times kena that, i gave up and buy before ex provided the price is reasonable....

eg: Panamy closing 13.00 divvy 80c...
but ex date opening is like 12.50
so buying before ex sometimes has its advantage too
just an example in case my words are confusing..

This post has been edited by mopster: Mar 4 2010, 04:27 PM

I think it will give more than last year as the 3rd quarter EPS is already about the 4th quarter last year; but again that is provided they still generate 20cents and more in the 4th quarter. It is really yummy I think I will jump in anytime on dips....

Maybe I put into my 2011 wish list.

RED Session could be coming tomorrow



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