told u guys so!!!

A good news indeed. Prepare to see ATRIUM rise to more than 0.90 within this week

Is it rise to more than RM0.90 or rise more than RM0.90 which makes it more than RM1.7x?

Finally

i just realised axreit recent annoucement stated that its paying more dividend than it earns .....

I don't see where is the annoucement?

Atrium at least back to its normal old day, glad to see 2.2 cents coming again.

earning per unit is 3.83
distribution per unit is 4.06

its in the 3rd quarter report.

3.83 is the new EPU after the new private placement, ie. the profit is divided by the new total number of share

4.06 is the 2.x cents previous interim DPU + existing Q earning.

So there is some distortion due to private placement new share and previous interim DPU which given prior before the private placement.

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Added on October 28, 2009, 11:54 pmI like the Axis reit financial report presentation, which stated every details about its every properties which is difficult to find on other reits.

There is more transparency.

This post has been edited by cherroy: Oct 28 2009, 11:54 PM

jasontoh,

If you read my previous reply, you will see that I mentioned rise to more than 0.90

Axis Reit , CFO, is my friends wife leh..hahaha..

No wonder you are confident... got 'insider' news

no insider news la.. she as quiet as a mouse.. won't leak out anything. but one thing for sure, she told me, i got more unit than her!!! hahaha

Then it's time for you to consider the COO post

fixed

Insider trading is technically illegal in Malaysia, right? Which means that publicly admitting it on the Internet would be extremely dumb even with a pseudonym.

Insider trading is illegal throughout the world.

For normal ordinary company information revealing, it is not considered insider trading.

Insider trading occur when somebody inside the company know the news (good or bad) (before being revealed) and use the news to take advantage and move ahead in the stock market trading, which yield the person advantage on others.

hmm interesting, isn't it that most Directors of Companies are doing? Will that constitute to insiders' trading as well?

In ordinary sense, director acquire or dispose shares are not classified of insider trading, although they knew about the company situation.

For example of insider trading.
The directors has known the company will be acquired by somebody else at 1.00 and negotiation hasn't been completed, but news has been announced, while share price is 0.70 in the market, the directors go to market to 'sapu' stock just 1-2 days before the news being announced.

In theory sound simple, in actual situation, it is not easy to prove insider trading, as intended person doing won't be so dumb to buy the share on their own and let authority caught them.

Also if you are directors of the company, it is not wise to do something illegal although it could make some money for you, but trustfulness as well as company job position might be in jeopardy afterwards. After all if the directors own part of the company, you already own millions, still want to do illegal stuff to make some little money? (Still people doing it, due to greed)

This post has been edited by cherroy: Oct 29 2009, 03:23 PM

....well of track from reits a while.... speaking of which, I do notice that LCL directors are ditching their shares bit by bit whilst oppositely Latexx directors are nibbling on their company shares....

Tower Reits got some movement today. Manipulation ?