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 And now for something really interesting..

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TSwodenus
post Nov 18 2014, 11:50 PM, updated 12y ago

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1. Pos Malaysia Berhad went from Rm3 to Rm20 in one year (1993) :

Attached Image

2. AHP2 Shareholder Revolt and subsequent delisting in 2009 (just before the 3-year-long uptrend)

http://www.bursamalaysia.com/market/listed...lphabetical=All

QUOTE
Unitholders, in a meeting last month, approved the extraordinary resolutions to terminate the property trust due to poor performance of AHP2 since listing in 1997 at an offer price of RM1.28 per unit. The termination was proposed in January by unitholder Lo Kok Kee, who represented a group of unitholders of no less than 50 members. Lo, in his letter of proposal, said the property portfolio depreciated a cumulative RM13.8mil since listing, leading to the trust’s depreciation in value of 17% after 11 years.


QUOTE
In addition, gross distribution yield for the past four years was between 5.1% and 6.3%, which was lower than the average income distribution yield of listed real estate investment trusts of 6.1% to 8.4% over the last five years.


- From http://protradeshares.com/bursa-news/340/a...h.MHSRbH9n.dpuf

So basically, 50 people triggered a delisting of the REIT because it lost 17% after 11 years (1.54% a year) when they were collecting
5.1% to 6.3% in dividends.

50 people forced a delisting because they were making a profit of 3.6 to 4.8%.. and they did it just before the bull run tongue.gif


This post has been edited by wodenus: Nov 19 2014, 12:12 AM
foofoosasa
post Nov 19 2014, 12:28 AM

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QUOTE(wodenus @ Nov 18 2014, 11:50 PM)
1. Pos Malaysia Berhad went from Rm3 to Rm20 in one year (1993) :

Attached Image

2. AHP2 Shareholder Revolt and subsequent delisting in 2009 (just before the 3-year-long uptrend)

http://www.bursamalaysia.com/market/listed...lphabetical=All
- From http://protradeshares.com/bursa-news/340/a...h.MHSRbH9n.dpuf

So basically, 50 people triggered a delisting of the REIT because it lost 17% after 11 years (1.54% a year) when they were collecting
5.1% to 6.3% in dividends.

50 people forced a delisting because they were making a profit of 3.6 to 4.8%.. and they did it just before the bull run tongue.gif
*
So the point of your post?

People probably gain more just place in FD with compound interest while do nothing.....

I reckon the bull run start way from 06-07 ish ? hmm.gif
TSwodenus
post Nov 19 2014, 12:32 AM

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QUOTE(foofoosasa @ Nov 19 2014, 12:28 AM)
So the point of your post?

People probably gain more just place in FD with compound interest while do nothing.....

I reckon the bull run start way from 06-07 ish ?  hmm.gif
*
Mostly for the curiosity value, it's interesting to see these things happen. The point is.. they weren't exactly losing money, they could have held on. The bull run started after the 2007-2008 financial crisis :

http://en.wikipedia.org/wiki/Financial_cri...2007%E2%80%9308

This post has been edited by wodenus: Nov 19 2014, 12:33 AM
wbwannabe8 P
post Oct 18 2021, 12:55 AM

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Sorry for this late post, as I just came across it. As one of the unit holders of AHP2 which went into liquidation, I wish to point out that from a pre-suspension price of around 50 sen, each unit holder received more than a ringgit in liquidation distributions. So whatever boom the stock market may have experienced after the liquidation cannot beat the returns from putting it into liquidation.

 

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