Looks like TGUAN released an awful quarterly report and its price duly crashed.

Awful is an understatement......

BTFD

As mentioned by Edge on 21st January:




This post has been edited by Le Don: Mar 2 2015, 09:30 PM

People get married and thus stop using condom.

If you are in the game long enough, you would know Insider Asia writeups tends to be lacking....

Putting money based on their writeups (or others) is extremely risky.....

Same with writeups on AirAsia, no?
All say cheap oil will be good.....but incredibly they chose to ignore many important factors.

Are you sure?
Now apa pun mahal, to raise a kiddo, you need to think, rethink and think again.
You want pakai ke x mau pakai?

Top 10 World richest person in 2015
http://finance.yahoo.com/news/the-worlds-r...-181201159.html

Boleh 'cut' mah.. then no need dom dom..

So.. Ah Boon's writeup mana?

unker @gark, can provide some insight about insas-pa? never deal with preference shares before. 4 cents dividend is a must to pay or company has the rights not to pay?

Must pay every year until expiry of preference shares or shares redeemed at fixed price of RM1.

Even company losing money etc.. also must pay one, like bond.



This post has been edited by gark: Mar 3 2015, 11:57 AM

Preference shares - no voting right if I were not mistaken

Nanti sudah got money, but cannot make baby liao. T.T

Its like borrowing money from you thus its interest and must be paid to you. I dont know why people are selling. I bet Insas boss try to confuse public to con them to sell. I read the announcement and it seem like the RPS can be redeem anytime at RM1 value. So why the need to sell dirt cheap?

but... i read about htis

"In general, preferred stock has preference in dividend payments. The preference does not assure the payment of dividends, but the company must pay the stated dividends on preferred stock before paying any dividends on common stock"

hence, not a must

http://www.intellecpoint.com/2015/03/insas-pa.html

Calculated Insas-PA at 8.65% interest rate..

buy more then? 10 consecutive years of profit, won't suddenly bankrupt i guess

This post has been edited by holybo: Mar 3 2015, 01:04 PM

...where got use one..........


trade less....

If you see the history of Insas-LA (Loan stock), Insas has been paying interest consistently from 2002 until 2007.

Lets see the what is the profile of Insas-PA in the prospectus... on the payment.

Interest rate : 4% paid every 6 months (5 years)
Redeemable at RM 1 by Insas ANYTIME before maturity
Cannot convert to Insas Shares
Can combine Insas-PA with Insas-Wa in exchange for 1 Insas ordinary share
No voting rights

On the consistency of dividends.

1. Priority dividend compared to other shareholders
2. In case of insolvency, the RM 1 is in preference to be paid, ordinary shareholders get nothing

Remember interest payment = No Tax but no e-dividend also, they send check to your house..

A lot of people dont know this but you can combine 1 LA + 1 WA = 1 new share..

Might have some arbitage oppurtunity here..