With all the positive news and prospects, how high do you think it can go?.

At this point, we cannot see how far it can go. Not into technical n fundamental, it's the market sentiment. My remisier think it can go above 2 if momentum continues, projects not affected as our gov stabilised n strong.

The regional supply chain n operational restructuring is ongoing, favouring SEA. Msia happens to benefit a lot from this change due to Singapore. Thats why we need HSR, special economic regions in south Johor...etc. to attract more relocations n new investments. Once we have all the infra, the biz n industrial districts n policies in place, we have higher advantage than other SEA countries. But we have our other problems under the surface too. Hope it didnt go that way. They need data centre, it needs power. U need to construct something, YTL can get involve too. We need to look at other promising counters other than YTL to diversify. Dont simply jump in, study n research carefully

This post has been edited by Taikor.Taikun: Dec 12 2023, 07:37 AM

I think going above 2 is not a problem. Just thinking of LT holding. Let’s say treating this investment as FD due to YTL consistency in giving dividends.

market is getting better?





This post has been edited by markchan: Dec 14 2023, 12:24 AM

This thread is dead?

US Fed already announced the rate ceiling and there is no activities here?

Or most people gave up on Malaysians stocks?

you can short-sell the index by opening a Derivatives account and selling FKLI. however, might be risky for new-to-intermediate retail investors.

alternatively, you can buy 0835EA counter, where you short-sell the index without leverage. however, very low liquidity

Wow. Highest volume I have seen so far after so long. Rm1. 5 billion during lunch time. That's like average closing volume. Money is flowing into bursa. Feels like somewhat 2020 again.

Ok noted

Then where do Malaysian play stocks?

Most people post in Kopitiam. Can get faster response

This thread only livens up when retailers go on a buying spree.
Still a sitting period for investors, Bursa has been rather sideways. Eating dividends rather than capital gains.

Bursasino is mostly retailers show. If they dont move, no show, no talking point lol

Does anyone understand what does it mean by ICAP's dividend policy? I got headache after reading the article, I've zero idea what that actually means!
FYI. I didn't own any ICAP shares. I am just curious . TTB has become a joke to me, although he was once my idol 10 years ago

This post has been edited by yok70: Dec 28 2023, 07:14 AM

tommorow is gonna be window dressing day. Any recommendations? especially blue chips

A base rate of 1% of the NAV per share, plus 8% of the difference between ICAP’s share price and NAV. Fairly, self explanatory I think? 1% of the NAV plus 8% of the difference between price and NAV, assuming the price is less than the NAV. Goal is to push the price up. Although as it's a fund, any dividend will just cause a corresponding drop in price, so I'm not sure how it's gonna work.

Maybe is like this:

NAV = RM3
Market price = rm2.00
Diff = rm1.00

Div = 1% of rm3 + 8% of rm1
= 0.03+0.08
= 0.11

Correct me if I am wrong

If market price > NAV, dunno how it work already

It mentioned about reinvestment benefits if investors choose not to take the cash. 10% discount or something? And have to join the "fan club"?
People just sell before ex date to cash out, or take the cash dividend. Then no help at all for the share price. Unless, people really love ICAP for long term, which I highly doubted at least for the coming 1-2 years, unless TTB really started perform well on ICAP.

Thanks!

Assuming you are right.
So ICAP's NAV is 3.61, market price is 2.80,
so dividend is
(3.61-2.80) * 0.08 + 2.80 * 0.01 = 0.81*0.08 + 0.028 = 0.0928

Total is "only" 3.31% yield.

Can 3.31% yield trigger buying trend to push share price upwards?

Anyone tried depositing into etoro using Bigpay recently? It was working all this while until 2024 when the app comes up with this message:

Is there a better way to deposit into etoro?