MTR corp memang one of my counter to buy.
1) monopoly business
2) defensive in nature

The thing is which HK broker to use???!!! All charge dividend fees.

Anyway this is OT. This ASX thread

This post has been edited by Ramjade: Jul 1 2017, 10:46 AM

Don't want to open so many investment stocks thread. Just park the info here for time to time.

Hope Bro Hansel wont me

I m eyeing on this stock. Let me see whether the dividend okay or not.

wanna follow Bro Prophetjul keep buying High Yield stocks.

This post has been edited by prince_mk: Jul 1 2017, 11:11 AM

Resolved.

This post has been edited by prince_mk: Jul 1 2017, 11:35 AM

Boss,

what do u think of this counter ? can buy and keep long term kah ?



This post has been edited by prince_mk: Jul 1 2017, 12:23 PM

Yeah. It is a very good company. Unlike out prasana rubbish.

I think the yield is around 7.4% because of the special dividend of HKD2.2 (2 times)

without the special dividend, the dividend is less ard 2.6%

have to do some more research now.

But this counter has many subsidiaries. Impressive.

It's supported by invisible institution(s). Need major crisis to buy this counter.

NO prob,... bros,... 'competing' ctrs and bourses are actually very, very relevant to this thread,.... at one glance onto a single thread, we can see everything,... no need to browse to different threads here and there.

Yeah,... good analysis there by bro prince,... he spotted the special dvd event. Be careful here bros when analysing yield,...

Bros,... look at ALF for reverse market performance hedging,... tell me what you think,...

Counplus plummet this morning....8 cents on high volume .

This post has been edited by prophetjul: Jul 14 2017, 12:57 PM

Yeah bro,.... the following news,....

STRATEGIC REVIEW AND REVISED DIVIDEND POLICY

The Board of Countplus Limited (ASX: CUP) provides the following update in relation to the company’s extensive strategic review and subsequent changes to the company’s dividend policy.

TRANSFORMATION
The Board remains focused on the transformation of Countplus, under the executive leadership of Chief Executive Officer Matthew Rowe. In the 16 weeks since his appointment in late February 2017, Mr Rowe has conducted an extensive strategic review of each of the 19 member firms within the Countplus network.
Firms that offer little or no capacity for strategic value enhancement by Countplus will not form part of the company’s two-year renewal, debt reduction and working capital management program, being implemented by Mr Rowe and a refreshed Countplus Board.
In recent weeks, this has resulted in:
- The sale of three (3) member firms; and
- The merger of two (2) member firms
The sold member firms, together generated an aggregate operating loss for the 2017 financial year of around $160,000.
As previously announced, the company is in advanced discussions with several Countplus member firms regarding the rollout of its direct equity plan and buyback terms.
The company is in due diligence stage with prospective acquisitions. Other prospective firms are in earlier stages of review. The pipeline of potential firm acquisitions is the strongest it has been since 2012. Future acquisitions must fit the company’s new disciplined and specific quality framework.
The Board is confident in the growth opportunities that reside in the Accounting and Financial Advice market in Australia, and in its repositioning of the company to achieve future growth in core business.

DEBT REDUCTION & CAPITAL MANAGEMENT
Prudent fiscal management has helped Countplus to achieve a significant reduction in debt and the ability to recycle capital in support of the company’s growth strategy. The company’s net debt position, as at 31 December 2016 represented interest bearing debt of $25.4m. As at 13 July 2017, the company debt position had reduced to $11.63m.
ASX Announcement – CUP 1 14 July 2017
ASX ANNOUNCEMENT: CUP
14, July 2017
The reduction was achieved through the sale of substantially all of the company’s investment in Class shares, the sale of member firms and a more methodical approach to working capital management.

BOARD RENEWAL
The founder of Countplus and former Chairman Barry Lambert has indicated his intention to retire from the Board on or before the next Annual General Meeting. Longstanding Independent Non- Executive Director and Chair of the Audit and Risk Committee Graeme Fowler will also be retiring from the Board on 30 September 2017.
Under the new Non-Executive Chairmanship of Ray Kellerman, the Board recently welcomed new Non-Executive Director Kate Hill to the Board. Ms Hill was appointed to the Board on 26 June 2017. Kate brings a deep knowledge of the professional services sector to the Board, having been a practitioner and leader in Deloitte for over 30 years.

TFSA GOVERNANCE & BOARD RENEWAL
Total Financial Solutions Australia (TFSA), a wholly owned subsidiary of Countplus, is well advanced in its Governance and Compliance review and execution. It has also accelerated the Dobinson client remediation program.
Over the last six months, TFSA has appointed an Independent Chair, Mark Rantall, and a further Independent Director, Bruce Foy, together with a new CEO and senior management team.
During 2018, TFSA will conclude its rebuilding program and turn its focus to quality growth.
Mr Rantall, the former Chief Executive of the Financial Planning Association of Australia, was appointed Non-Executive Chair of TFSA on 10 January, 2017.
Mr Foy is a senior and accomplished non-executive director, currently serving on several public and private boards. He has spent over 30 years in senior positions in the financial services industry, also serving as a non-executive director since 2005.
He is also a:
• former Chairman of Transgrid Corporation;
• non-executive director of First State Superannuation Trustee Corporation;
• former Chairman of State Water Corporation; and
• former Chairman of SMSF Owners’ Alliance Limited.
Mr Foy was an independent, non-executive director on the Board of The Financial Planning Association of Australia for 10 years until 2015.
ASX Announcement – CUP 2 14 July 2017

TFSA CLIENT REMEDIATION, PROFESSIONAL INDEMNITY COVER AND JUNE QUARTER DIVIDEND
As previously advised, the inappropriate behaviour of a former TFSA adviser has given rise to uncertainty around the quantum of the potential claim against TFSA by the adviser’s former clients.
TFSA has professional indemnity insurance cover in place with a major insurance company.
TFSA is in current disagreement with its insurer regarding both indemnity, and the extent of coverage, for the TFSA client remediation program under its policy. Due to this uncertainty, Countplus, as the owner of TFSA, has determined it would not be prudent to pay a dividend for the 30 June 2017 quarter. TFSA and its legal advisers consider that the company holds a strong position in relation to its coverage under the insurance policy.

REVISED DIVIDEND POLICY
The Board of Countplus believes it prudent and consistent with its renewed and disciplined approach to capital management to revise its dividend policy to move from quarterly to half-yearly dividend payments, which will also coincide with the company’s bi-annual financial reporting periods.
It is intended that dividends would be declared in the range of between 40% to 70% of maintainable net profit after tax and minority interests, subject to market conditions and company performance. The declaration would be made after Board approval of the reporting results of Countplus.

SHAREHOLDER COMMUNICATIONS
Upon completion of the 2017 financial year accounts, due in late August 2017, the Board has committed to write to all shareholders outlining a detailed update on the basis and nature of the company’s strategic review and the progress on its two-year renewal program.
The company sees a continuing positive environment for Countplus, and the Board is confident that its transformation progress will strengthen further the company’s position within the burgeoning professional financial services arena.

Since I'm an investor and not a speculator/trader,... I have been out earlier,...

I anticipated earlier that if a news like this should come along, the SP would plummet,... hence, that day has come this morning,... I am relieved, NOT happy,....

WTF it touched 3.4

What is the all time high ? Must be very close. Not worth converting and buy ASX now

Yeah, bro,.... For myself,... I'm glad I converted out earlier and am currently reaping dvds already. With the dvds, I can either buy more of other ctrs, and take their drps to increase my hldgs,... Never wait,... did a lot last year,... but had to cutloss too this year,... still new,got caught a bit here and there.

Heard Placements, Retail Offers and a Purchase Plan have been done for 2 REITs in the ASX - CMA and CIP. Let me know what you guys think,....

Most issuer companies in the ASX have their FY-end on June 30th every year, except for one or two companies... Following is a list of companies whose year-end reporting is coming next month, and the approx dates for them to report their results, and guidance for the next FY....

1) CMA - an Office, Commercial and Retail REIT, Wednesday, Aug 9

2) TLS - Friday, Aug 11

3) NAB - Trading Update, Tuesday, Aug 15

4) GEM - Half-Year Results, this is one company that has a diff FY-end from the rest, Wednesday, Aug 16

5) ALF - Wednesday, Aug 11

6) CIP - an Industrial REIT, Thursday, Aug 17

7) MYS - Tuesday, Aug 22

8) GDI - a Commercial REIT, Tuesday, Aug 22

9) CMW - a multi-asset REIT, Friday, Aug 25

10) ERM - Friday, Aug 25

11) CUP - Friday, Aug 25

Above are the counters in the ASX that I track,.... Let me know what you guys think,.....

AUD hitting 3.44...........

Yeah bro,....

That's why I'm using my ASX dividends earned and my SGD to invest into the ASX now,... and to finance my family's stay here,...there..... Really relieved that I pushed myself hard to go into the ASX since mid of last year,....

Are you watching any of the companies I posted earlier in this thread on their coming fy reporting ?

No. I have not looked at ASX yet.

I have not planned for investing in ASX yet.

Wouldn't you want to start earning the AUD asap since your kids are there ? How old are they, if you don't mind ?