Panamy so good..

Is Gamuda a High Dividend one? issit worth for long play?

Well, it has a history of paying dividends in excess of 10-25 sen. With this in mind, a GAMUDA share at RM2.45 would translate into yield of between 4.1% and 10.2%. We could consider GAMUDA as a high yield counter, but with costs of materials rising fast, it might be a negative impact on its earnings prospect in the mid term. Construction and properties sector are quite risky play at the moment, especially those with huge projects running. Longer term though, we could see potential upside after the completion of its Ho Chi Minh project. For that, we would have to look at Vietnam's economic stability.

The problem now is that it is widely known those construction company might facing margin squeezed until to single digit profit margin only which mean high dividend is not sustainable in the future. As lower EPS will mean lower dividend.

Compared to construction play, I would opt for properties stocks that are trading at signficant discount to its NTA while with good management and still able to generate profit (although profit might be down, but still maintain at ok level only, as it is almost impossible for properties sector to register profit growth as last 2 years)

Anyway, just my opinion.

That is a point to note too. Still, we could see a recovery in construction industry, when the cost cutting measures are in place. We would either have to wait for the price of steel to decrease, or the more efficient use of materials to cut costs. Shorter term we may see a margin squeeze, but longer term, I still believe that construction industry would recover

My 2 cents worth.

Over the long term, those are well managed one, surely will come back. Economy is always adjusting itself, too few profit, nobody wants to do so weak competitors being phased out, so when situation improves, then with less competitors, profit margin will go back up.

It is part of economy cycle.
Just it takes time (up to years) to from one to another.

I agree. That was why I told him that Gamuda might have the potential over the longer term.
As you said, the strong ones will survive and recover. I believe Gamuda to be one of them
Anyway, this is solely my opinion only. I might be wrong though. Hehe.

BJTOTO high dividend !!!!!!!!!!! = =

JT INTERNATIONAL BERHAD ("JTI" OR 'COMPANY")
PROPOSED CAPITAL REPAYMENT TO THE SHAREHOLDERS OF JTI VIA A CASH DISTRIBUTION
ON THE BASIS OF RM0.75 CASH FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00
EACH HELD IN JTI AT A DATE TO BE DETERMINED LATER ("PROPOSED CAPITAL
REPAYMENT")
The Board of Directors of JTI wishes to announce that the Company is proposing
to undertake a capital repayment of RM 0.75 for every one (1) JTI Share to be
satisfied wholly in cash to its shareholders. The Proposed Capital Repayment
will be carried out via a reduction of the share capital of JTI pursuant to
Section 64 of the Companies Act, 1965 (“Act”).

Another cash cow, no ?

^ lol JTINTER topic has been discussed in the Stock Market main discussion thread, yesterday

yup, cash cow company, promising 8% DY annually
now, returning 75-Sens per share to their shareholders
price expected to revise to 3.xx after the capital repayment

can consider to accumulate slowly after that.

According to the this report, the exercise is expected to be completed only by 1QCY09.
By then, i think the price revise would not be 3.XX anymore but possibly 4.XX after the capital repayment.

Anyone aware of this?

Cycle & Carriage Bintang Berhad
Price: RM2.30
SD: RM1.35

"The restructuring of the Group’s businesses and operations since the end of 2007 with the cessation of the Peugeot business, sale of the Mazda, Sinotruk and parts businesses, the rationalisation of work force and sale of surplus properties has been completed. This enables the Group to focus on its core Mercedes-Benz business. The Company is now in a position to return surplus funds not earmarked for operational needs or for investment in the foreseeable future."

Looks like this counter will be flying like JTINTER tomorrow. Anyone dare to catch the speedboat?

Wow! CCB is now at RM2.99, 11,000 + units queuing to buy at that price but nobody willing to sell! Ridiculous!

Lol, who is willing to sell when you get 58.7% of your capital back?
But I am not sure if the fundamental is that good to keep though.
Besides, this SD is a one-off payment, but CCB has the history of paying high SDs in 2006 and now.
There is some major restructuring doing on, so we need to see what is the management up to, then only decide.
Their normal dividend is in the range of 10-15 sen annually. By reducing the price to around RM1.60, that is a DY of 6.25%

wat's SD? =P

SD = Special Dividend
ID = Interim Dividend
FD = Final Dividend

i missed the timing to buy at 3.XX, such a waste to me, as i ard observed this counter for past few months.

cycle & carriage giving out a RM1.40 dividend!!!
walau...wat a great company.

---

Added on August 1, 2008, 12:20 pmCan anyone tell me whether still worth to buy in CCB for the great dividend???? i want with the boat..

This post has been edited by dragony: Aug 1 2008, 12:20 PM

Why is it worth when the price is already so high? You get the dividend less 26% tax, so you are effectively getting 26% LESS.
Also, CCB's payment is one off, so I do not see how great that is. They can give such high dividend because they have sold most of their businesses except for Mercedez Benz. So what you think their earnings would be like in the next few years?

Note: Simply buying a stock just for dividend without doing research into the company is blind investing. You migh regret greatly if you do that.

Just my 2 cents worth.

This post has been edited by Jordy: Aug 1 2008, 12:32 PM

Century Bond..Yield 8-9% now...
Zhulian 8%