They reported losses in their latest quarterly results

Quarterly rpt on consolidated results for the financial period ended 30/6/2013 -

Profit/(loss) attributable to ordinary equity holders of the parent

-$27,781,000

Made $27.7million loss yet still paying dididends ? Very strannge !

Y not
They utilized prior year profits to pay ma

I know....but it's does not sound right.....company making losses but still want to pay dividends.

The financials are sucks - last year made $101m after tax, this year made only $9m.

Better not touch this share.

They also just completed Rights Issue xercise last year

What has rights issue got to do with profit dropping from $101m to $9m ?

If not wrong, they use proceeds to repay borrowings
U can double check their prospectus

They are actually making money but they chose to do loan impairment

EX-date 25/11/2013
Entitlement date 27/11/2013
Entitlement time 05:00:00 PM
Entitlement subject Others
Entitlement description Non-cumulative preferential dividend of 20%
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No.: 03-2264 3883
Payment date 04/12/2013

What is this offer actually ? Paid 20% dividend every year ? For how many years div will be paid ?

That's for RCECAP-PA (preference share)

Dividend on preference shares
U need to study d profile of their preference shares

Non stop buyback ; http://www.bursamalaysia.com/market/listed...ll&company=9296

Quarterly report ; http://www.bursamalaysia.com/market/listed...cements/1463409

for me, they BI to me, and the dividend quite high (15%), and keep "share buy back",
l quite satisfy for their performance also... and will try "sapu" more for this share, since this few days performance (keep drop)....

thank you for the bonus share