announce already?
when?

http://www.mysinchew.com/node/14230

oh
this one
i know already


dividen same as capital repayment?

capital repayment is diffrent from dividen.
capaital repayment is basically srinking the share value.

Actually is the same lar... both is also cash from the company mar right.

Totally different. One is return from investment ( profit, reserves etc ). Affects Dividend Per Share. Paid up capital remains the same.

One is to return part of your investments ( or capital ) . Nothing to do with dividend per share. Paid up capital drops . Creditors have rights to object if they are not happy. Mostly needs court approval. Debts free listed companies are able to do so.

Tax wise also diff. The second one ( cap repayment ) is not subjected to tax .

This post has been edited by SKY 1809: Oct 8 2008, 11:53 PM

You are right But in term of shrinking in the share value i would say both will have the same effect....Correct me if wrong.

This post has been edited by darkknight81: Oct 9 2008, 12:03 AM

For fund managers or corporate companies, they have to follow the laws and accounting practices. One is adjusting the cost of investments to be lower , and the other is income.

If two are mixed up , then financial crisis could happen. Imagine if you put in 1m into the bank, then the bank would have positive cash flow in their account, then bank accountant would report your 1m as their profit. Can it be done ?

This post has been edited by SKY 1809: Oct 9 2008, 12:26 AM

wat r the advantage of capital repayment?
i know the have money cash & give back to shareholders
this also will reduce the PAR value

Advantage could be

let say you put in 50 sen to buy a share, then co pays you back 45sen. Then you still the same number of shares , but at lower risk of 5sen only.

Most likely , these companies have cash pile. if they afford to you extra dividends of let say 20sen a share.

So you got back more than you put in, and you still have the same of shares in that co.

If the share is goreng up, then more profit for you. If the co goes bust, you have nothing to lose.

Just one of the examples.

In short,

Dividend = Payback from the earnings of the company

Capital Repayment = The company might think they don need so much cash in hand for future expansion anymore then they choose to payback the cash to the shareholder instead which is from the current asset in the balance sheet.

What i mean is both dividend and capital repayment will adjust the share price as dividend and capital repayment are both asset from the company.

So does capital repayment has an ex-date also???

it seems like JTINTER had paid 58 cent dividend for FY08?






This post has been edited by fergie1100: Oct 9 2008, 02:56 PM

lai lai lai, beli beli beli



(quoted from cari.com.my)

why MAYBULK isn't in the list

They just choose here and there only, not a comprehensive list.

beli apa yg listed

Besides, some big name, like Guiness, BAT, & reits.

Daiman's dividend also not bad,

15 cents, share price 1.5x. NTA arond Rm4.34. But share price always stuck in the region of 1.4-1.8.

Due to low liquidity issue, fund and instituitional players generally won't touch it even though it is undervalued. But dividend wise is quite steady throughout around 10 cents or 10 cents+.

Its share price match the PER valuation.

Another thing is they paint a rosy picture for some of their ratio, e.g. return on capital as capital is now smaller number, but gearing will be on the other way (but normally when they do that, they should have very little debt ).

Co assets would be less after paying out from cash piles, so share prices adjusted according to normal practices.
So you are right. What is your worry ?

My concern is that Some Unit Trust Co ( a long time ago ) Use your methods to distribute money back to unit holders, like 15% to 20% ( but 10% is actually out of capital repayment ) . This practice is still on going, but they call it as " distribution " than dividends or investment returns.

Prices of unit trust adjusted accordingly, but investors think they are earning 15% return, even though these companies could suffer losses in some bad years.

This post has been edited by SKY 1809: Oct 9 2008, 11:51 PM

With recent bears in the global market roaming around...all good dividend counters are looking delicious...

I was also looking around...

....

Just a quick survey...

Wat is your Top 5 dividend counters that you plan to buy in??

..

I was thinking on PBBANK, BJTOTO, GUINESS, REITS (still looking).....

From past records ( do not present the future ) , the plantations are the safest , seldom have a chance to go bust, esp those with lot of cash piles. Somehow, we cannot call the banks " CASHRICH" bcos they are using depositors' money to multiply their businesses. Look at UK, Government is also involving. No more strong and big like before. Over the local front, eventually only 4 local banks left to operate ( are likely ).

I do not think IOI would go bust too. Nowaday, hard to judge on banks, NPLs are on the rise. With the computers, the ratio of multiplying deposit/loan could be higher than those old days.

Correct me if I am wrong.

This post has been edited by SKY 1809: Oct 9 2008, 11:48 PM