Outline ·
[ Standard ] ·
Linear+
STOCK MARKET DISCUSSION V134, CI step into 1800, are you happy?
|
Boon3
|
Jul 24 2013, 09:58 AM
|
|
QUOTE(Babablacksheep @ Jul 24 2013, 09:47 AM) IGBReit attractive price now ( comparing historical chart) ? This is IGBReit chart since listing.  Is the chart going up? No. Is the chart showing a stock whose price is continuing to fall? Yes Is there any IMMEDIATE indication when the stock will stop falling? No Comparing to historical chart, why is IGBReit interesting? What is the indicative yield at current price? This post has been edited by Boon3: Jul 24 2013, 10:01 AM
|
|
|
|
|
|
gark
|
Jul 24 2013, 10:01 AM
|
|
QUOTE(yok70 @ Jul 24 2013, 01:24 AM) Maybank IB acts as stabilizer and bought Airasia X stocks. Then what? They will hold those stocks? Or they will sell back to the market later?  As a stabilizing manager, the fund to purchase comes from the IPO proceeds itself, so it is basically AAX buying back itself. No loss to the stabilizing manager as they are merely agents, AAX foots the bill, later all these shares goes back to treasury. This post has been edited by gark: Jul 24 2013, 10:01 AM
|
|
|
|
|
|
felixmask
|
Jul 24 2013, 10:01 AM
|
|
QUOTE(Boon3 @ Jul 24 2013, 09:58 AM) ? This is IGBReit chart since listing.  Is the chart going up? No. Is the chart showing a stock whose price is continuing to fall? Yes Is there any IMMEDIATE indication where the stock will stock falling? No Comparing to historical chart, why is IGBReit interesting? What is the indicative yield at current price? Morning Boon3, here the yield. Attached thumbnail(s)
|
|
|
|
|
|
Boon3
|
Jul 24 2013, 10:03 AM
|
|
QUOTE(gark @ Jul 24 2013, 10:01 AM) As a stabilizing manager, the fund to purchase comes from the IPO proceeds itself, so it is basically AAX buying back itself. No loss to the stabilizing manager as they are merely agents, AAX foots the bill, later all these shares goes back to treasury.  If one is not lazy, one can use Uncle Google to check on past Greenshoe options performances. This one is the first one http://www.theedgemalaysia.com/commentary/...hoe-option.html
|
|
|
|
|
|
Boon3
|
Jul 24 2013, 10:05 AM
|
|
QUOTE(felixmask @ Jul 24 2013, 10:01 AM) Morning Boon3, here the yield. Thanks felix. Is DPU of 6.38 sen an estimated figure? This post has been edited by Boon3: Jul 24 2013, 10:05 AM
|
|
|
|
|
|
felixmask
|
Jul 24 2013, 10:05 AM
|
|
QUOTE(gark @ Jul 24 2013, 10:01 AM) As a stabilizing manager, the fund to purchase comes from the IPO proceeds itself, so it is basically AAX buying back itself. No loss to the stabilizing manager as they are merely agents, AAX foots the bill, later all these shares goes back to treasury.  Hi gark, I thought the stabilizing mechanism using own IB $$$, not the $$$ from the IPO listing company?
|
|
|
|
|
|
felixmask
|
Jul 24 2013, 10:08 AM
|
|
QUOTE(Boon3 @ Jul 24 2013, 10:05 AM) Thanks felix. Is DPU of 6.38 sen an estimated figure? YES  from Prospectus
|
|
|
|
|
|
gark
|
Jul 24 2013, 10:08 AM
|
|
QUOTE(Boon3 @ Jul 24 2013, 10:03 AM) If one is not lazy, one can use Uncle Google to check on past Greenshoe options performances. This one is the first one http://www.theedgemalaysia.com/commentary/...hoe-option.htmlIf any IPO requires stabilizing manager on the first day itself already means it is overpriced and is going to fall sooner or later. Anyway I don't subscribe to IPO, most of it overpriced. This post has been edited by gark: Jul 24 2013, 10:09 AM
|
|
|
|
|
|
Boon3
|
Jul 24 2013, 10:09 AM
|
|
QUOTE(gark @ Jul 24 2013, 10:08 AM) If any IPO requires stabilizing manager on the first day itself already means it is overpriced and is going to fall sooner or later. Anyway I don't subscribe to IPO, most of it overpriced. I also agree.
|
|
|
|
|
|
gark
|
Jul 24 2013, 10:09 AM
|
|
QUOTE(felixmask @ Jul 24 2013, 10:05 AM) Hi gark, I thought the stabilizing mechanism using own IB $$$, not the $$$ from the IPO listing company? From overallotment of shares by listing company if not mistaken.
|
|
|
|
|
|
Boon3
|
Jul 24 2013, 10:15 AM
|
|
QUOTE(felixmask @ Jul 24 2013, 10:08 AM) YES  from Prospectus I see. However, prospectus numbers and promises is one thing. Company performing and actually doing what they promise is another thing. So far from Bursa website: http://www.bursamalaysia.com/market/listed...ll&company=5227IGBReit has only announced ONE dividend payment in Jan 2013 and paid in Feb 2013. DPU was only 1.83 sen. It's now July 2013. I believe that no other dividend has been announced. Could this be another reason why this REIT is sliding and there's a chance that it could even go below its IPO price of 125?
|
|
|
|
|
|
gark
|
Jul 24 2013, 10:15 AM
|
|
QUOTE(felixmask @ Jul 24 2013, 10:08 AM) YES  from Prospectus You must take note that IGBREIT is now paying out 100% of earnings, this in the future is not sustainable...later will revert back to 90+%
|
|
|
|
|
|
felixmask
|
Jul 24 2013, 10:20 AM
|
|
QUOTE(gark @ Jul 24 2013, 10:15 AM) You must take note that IGBREIT is now paying out 100% of earnings, this in the future is not sustainable...later will revert back to 90+% Me eat first, think later what i eat...
|
|
|
|
|
|
SUSStupidGuyPlayComp
|
Jul 24 2013, 10:22 AM
|
|
 PBBank performing good...........really king of fundamental
|
|
|
|
|
|
Boon3
|
Jul 24 2013, 10:27 AM
|
|
QUOTE(gark @ Jul 24 2013, 10:15 AM) You must take note that IGBREIT is now paying out 100% of earnings, this in the future is not sustainable...later will revert back to 90+% What's your estimate DPU from IGBReit for 2103?
|
|
|
|
|
|
dflyz
|
Jul 24 2013, 10:32 AM
|
New Member
|
check in....
YEAH!!! CI more than 1800....
|
|
|
|
|
|
valan
|
Jul 24 2013, 10:36 AM
|
|
ooo Redtone got show again
|
|
|
|
|
|
SUSStupidGuyPlayComp
|
Jul 24 2013, 10:36 AM
|
|
QUOTE(valan @ Jul 24 2013, 10:36 AM) ooo Redtone got show again  touched 0.83..........
|
|
|
|
|
|
kueyteowlou
|
Jul 24 2013, 10:42 AM
|
|
check in with Gadang !
|
|
|
|
|
|
SKY 1809
|
Jul 24 2013, 10:44 AM
|
|
QUOTE(StupidGuyPlayComp @ Jul 24 2013, 10:22 AM)  PBBank performing good...........really king of fundamental Might be some funds are shifting from Maybank to PBB..... Maybank Indonesia faced a heavy write off aka impairment . Indo bank Share price kinda like rp 350 compared to rp 550 when bought ..... Some more need to sell down some share portion in order to keep listed in INdonesia...... Not saying Maybank is bad, just updating my info here only. This post has been edited by SKY 1809: Jul 24 2013, 10:45 AM
|
|
|
|
|