5109?

Some quick comments.

PP? PP looks massive.

You need to address the dilution issue, as it dilute your future dividend per share.
From what I browsed, it's increasing the number of shares from 1.32 billion shares to 2.125 billion shares.
Selling about 800 million new shares.
Dilution is massive....

You need to know what the money is going to be used for....
Will the PP be able to generate enough income to compensate the dilution in earnings and with it the dilutions in future dividends?

Recent earnings already look poor...

http://announcements.bursamalaysia.com/EDM...2013(Final).pdf

First thing I note in the condensed income statement is that the MANAGERS FEES this quarter is already more than the same period last year. ( 2.153 million vs 1.6 million).
Really? And did the profits increase so much that warranted the MANAGERS to have their fees increased?

(this is why laa...... )

I think you should follow Gark advice....

The chart is .....

This post has been edited by Boon3: Feb 27 2014, 01:37 PM

Value stocks is less volatile and perform moderate during boom times, but they also have less selling pressure during recession.

Growth stocks is more volatile and perform best in boom times, but can be subject of heavy selling pressure during recession.

In the long term a good sustainable growing company will outperform a good dividend paying company.

For me I adopt value+growth strategy, in the company must be conservatively valued AND have good growth potential... typically looking at PEG, Dividend%+income growth% vs PE and EV/EBITDA.

Typically they must pay SOME dividend as well.

This post has been edited by gark: Feb 27 2014, 01:42 PM

now you see why i'm sweating.. esp today

any comment on the announcement of dealings issued yesterday?

if this kind of announcement happened to any other stock, its a good or bad sign ah?

You should able to get it in KLCC.
I saw it there several times before.
If no, buy from Amazon or other online bookstores.

Else get the ebook.

Yesterday type of announcement is required for all stocks.
They have to make such announcements whenever they deal in their company shares during the closed period.
The closed period = a period when the company is due to announce their profits or losses....

This type of thing...
no definitive answer one....

normally, people would see it as a plus whenever they see the insiders/the big bosses buying extra shares in the company.
it's a confidence booster.

but sometimes... they (insiders) buy/sell shares for their own reason one...
For example, in this case, with the shares falling like hell...
the big boss know very well that buying extra shares now is a confidence booster strategy .....
hopefully the share buys would calm the public nerves down...

In reality...
these big bosses are so rich...
they buy in a million or two million shares of their own company shares.....
is really kacang putih...
spit in the ocean for them.....

for us.... huhu....


Anyway... suggestion for you...

The crucial point is 90 sen... as per what the chart suggests now.
If it doesn't hold .......
get the hell out by 88 sen ...........

The director bought 1 mil shares.. well some will view as good news, but since the Yeoh Family are going to take up the 40% of PP, the 1 mil shares is just a drop in the bucket.

The money raised from the PP will be used to reduce outstanding loan at 4.5% interest rate, which will dilute the EPS, as their existing property is yielding 6%-7%. They have no choice but to go ahead with the PP because the D/A ratio is already >50% and over leveraged after buying the aussie hotels.



This post has been edited by gark: Feb 27 2014, 02:00 PM

It's criminal that they would allow such a big PP.



Clearly not fair to the existing shareholders.

Yup.. that is why the share is sliding now....

But after PP will slowly recover especially their D/A will now be 25% and can add more property to boost EPS.



This post has been edited by gark: Feb 27 2014, 02:03 PM

Many thanks guys...

if continue sliding will run to the door

@Boon and @gark

check out 7006.
although share price oredi up a lot, but fundamentally still looking good.
appreciate your view.

That is how Yeoh family treat minorities

Of all things, i bought the Tan and Yeoh families shares....

j.c!

j.c. ?

Whats tat?

jesus christ ... lol

i humbly apologise if i offend anyone

U are 200% right

search for JC in share list.
tot jcy

Why u scold me?????

I'm JC

Aiyah so mild.. should be K-N-M-C-C-B-H-K-C-O-M-G-B-B-Q

This post has been edited by gark: Feb 27 2014, 03:53 PM

To all sifu, I'm interested to enter 7251 @1.56 2000, ok ma?

Hahahahah