RPGT applied to all kind of property.................

high rise building rental I not sure. But the property company(developer) highly depend on the market demand.

Asia market oversold??? but it seem further down............

Oh, I mixed it up with DIBS scheme.

malaysia have najibnomics

This post has been edited by ham_revilo: Jul 3 2013, 11:32 AM

Charts look like dead cat bounce for past few days

Water tariff going up is it? Puncak

1 for 10 rights issue lar...

hmm ex date coming?

Don't worry there will be lots of bouncing cats on the way down.. until the cat cannot bounce anymore (dead cat), then it is the bottom.

Anyway i do not see enough capitulation for bottom yet.....

Final dividend of 5 sens per ordinary share of rm1 each. Does this mean the dividend is for every rm1 or does it follow the stock price which is example rm2.50?

Means you get 5 cents for 1 share held.

Dividend never follow stock price but Par price.

Looks like foreign funds like Aberdeen, Mitsubishi etc were busy disposing stock.

GAB, AEON, ORIENT, UTDPLNT, PANAMY etc

Today I accumulate another 100 shares of Nestle.

This post has been edited by panasonic88: Jul 3 2013, 12:37 PM

Looks like you are busy accumulating

This post has been edited by CP88: Jul 3 2013, 01:10 PM

NESTLE is still traded around RM69. Cheap meh

Good things no cheap, cheap things no good

This question was asked when Nestle was RM 40+, RM 50+ and now RM 60+

Aberdeen and Mitsubishi should be deemed the same seller.

If you read MUFG announcement in UTDPLT announcement it states

Sales by Aberdeen Asset Management PLC and its subsidiaries. Deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp. holding more than 15% in Aberdeen Asset Management PLC ("Aberdeen"). The registered holders are subsidiaries of Aberdeen

I was actually interested in UTDPLT (I was put off because I noticed strong persistant selling, something not right for a stock hitting highs) but these disposal coupled with UTDPLT recent price surge meant that those boys from Aberdeen pushed UTDPLT higher so that they could exit at good prices.
Pushed high to dump.

This news shook all the water stocks higher.

http://www.thesundaily.my/news/759051

Selangor gets nod to take over water supply
Posted on 2 July 2013 - 09:31pm
Last updated on 3 July 2013 - 08:50am

Ikhwan Zulkaflee
newsdesk@thesundaily.com
Print

SHAH ALAM (July 2, 2013): The federal government has agreed to Selangor acquiring all four water concessionaires in the state.

Mentri Besar Tan Sri Abdul Khalid Ibrahim said he has received a letter from Prime Minister Datuk Seri Najib Abdul Razak agreeing to the deal.

"Selangor is all set to bring the supply of water under its control before the end of the year," Abdul Khalid said.

While he did not disclose figures or terms of the agreement, the Pakatan government, since came into power in 2008, has been clamouring for water to come under the control of the state.

Abdul Khalid told Dr Abd Rani Osman (Meru-PAS) in the state assembly today: "The state and federal governments are working together in drafting the agreement in accordance with the Water Concessionaries Industry Act 2006.

"Under the Act, the federal government has the executive power over any water deal across the peninsular and federal territories."

The Selangor government cited incompetence on the part of the concessionaires as one of the reasons to acquire the companies.

Answering a supplementary question, Abdul Khalid said the sate is ready to manage water supply and that a professional management team is already in place.

good new term there

Thank you for your clarification, Boon.

Add on some info, Aberdeen nationality is Scotland, while Mitsubishi is Japan.

Am watching another foreign funds favourite, this one in accumulation mode, UMCCA.