I see it more a trading buy if it really hit Rm5.50.

I don't know why Sime going up after the result, earning rought 7.xx cents, and half year 18 cents, annualised only 36 cents, or give some upside due to higher CPO price, may be 40 cents+.

At 8.50, seems quite expensive.

I don't see it is a good result.
I don't read through the actual report, just merely on the EPS number only. May be I missed something else.

Just notice, KLCI already up +13,
But
Counter down 430 vs 300+ for up one.

Then must find "water" one if want to invest in Genting.

You, fire? Then buy those metal one lor. Use fire turn gold mine into gold bar.

haha, become supertitious liao.

Today, most second third liner masuk longkang.
But major CI component stocks flying.

Even Sime also flying, really can't understand.

With Q result, EPS 7.x cents can fly??

They just completed the right issue, so it means they need the money.

Also with the completion of right issue, number of shares become more, so it means more dividend or cash needs to be paid if declare the same amount of dividend.

Generally it is less likely company to give big dividend after right issue. Just take your cash from right issue, then give you back?

Profit derived from fair value adjustment won't earn you a single cent of cash.

If one off gain due to disposal of asset, then yes, there is cash.

I only know after UOAreit send the notification that they are planning to use e-dividend on the next distribution.

The only minor issue is that if got too many counters and all bank in together, you might not know which is which.

But this is good thing to happen.

Can check the FAQ link http://www.klse.com.my/website/bm/regulati..._Depositors.pdf

I think it is direct transfer, still want to issue cheque?

Ya, dividend slip still needed for tax purposes but there is no mention on this issue.

Not the same if view it long term. Yes, it is adjusted down after ex, you gain nothing, but if it gives the same dividend again next year, price creep back up again.

For eg. Panamy gives Rm1.00 every year, after holding 12 years, it become like free already. So even market crash or whatever, you don't lose the capital. As compared one stock never gives dividend, market crash, delisted or whatever, you lose.

Also if company ability to give dividend especially generous one, it 99% means the company is financially strong.

Yes, it is the same. But I would rather those RM12.00 in my pocket.

If really so, why company keep those Rm12.00 unused and not giving a single reward to the shareholders? It doesn't make sense.

Give RM12.00, you can decide what to do with the money, you can re-invest back the company share, eventually it is the same again. At least money in hand, beat anything else.

The first criteria in investing listed company share is look for company management that treating well the shareholders, and looking after shareholder benefit. Without this criteria, no matter how company lucrative profit is, I don't dare to invest in it, because as minoirty shareholder, I/we don't have any protection at all.

You can invest in a company share that worth Rm10.00 in asset/cash or whatever at the price of Rm1.00, but company can decide not to distribute a single cent forever as well, if majority shareholder decide to do so. Then you just seeing those Rm10.00 in figure only.

Just like you bought a house, at RM100K, now appreciated to Rm1 million, you may jump up and down that now you are millionaire, but you don't sell or cannot sell (due to whatever reason), do you have Rm1 million?
The answer is yes, you have net worth of 1 million but you don't have 1 million.

You invested in listed company, you expect company make profit for you and distribute to you.
You expect company make profit for you, then those profit being kept forever in the company?

We invested in listed company share, intention is to make money, we invested in listed company don't expect company to act as some kind of 'depositor' like bank.

Jusy my view.

Less 25% is better than single tier actually, as those at lower tax bracket will enjoy the benefit.

Rm1.00 dividend, either Rm1.00 less 25%, or Rm0.75 single tier.

So to answer to question basically yes.

BAT is the classic example which they have implemented the single tier.

This post has been edited by cherroy: Mar 4 2010, 03:47 PM

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.

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.

You long March FKLI?

The probable scenario,
Bank will quickly raise BLR as fast as tomorrow, but slow on deposit rate.

Another scenario, BLR being raised 0.25%, while deposit rate up 0.1%.

That's why lately, a lot of bank come out with 3-5 years structured product, FD, try to secure customer deposit at existing rate.

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Added on March 4, 2010, 11:33 pmI don't like BI, especially those odd ratio one which create some odd lot one,
I prefer hard real cash (dividend).

This post has been edited by cherroy: Mar 4 2010, 11:33 PM

With OPR being raised, it gives chance for banks to increase BLR, while FD rate might staying put though, so profit margin could be widen.

When rate going down, the first one going down is deposit rate. When going up, the first one to go up is BLR.

Locally, liquidity is ample, banks are not short of money until need to increase FD rate to attract fund coming in.

What they want is those 3-5 years FD, structured investment product, that can lock down the interest rate, so that any increase rate in the future will beneficiary to them.
What they want is long term secured fund currrently.

That's why you see there are some banks offer 3 years FD, with 3.2-3.7% interest rate. Because interest rate has only one way to go currently based on the trend and situation, i.e. up or stay put only.

Oppss, I wrote too much on Panamy already, go to Holland, don't blame me then.

I am a boring kawan like batu.

In term of capital gain, don't expect too much from Panamy, as its business nature of consumer electrical appliance, won't be booming one.