O.... I thought there is some fundamental problem with those company therefore no one want to talk about it..

If not wrong, ACOSTEC give the highest dividend amount this 3 company mentioned(about 9% avg), but the overall price not change much thoughout the year(s).

Thanks for feedback......

This post has been edited by lclee: Aug 19 2009, 02:59 PM

Pana, I mentioned ACOSTEC before la last time. You must have forgotten

espree,

An advice for you. Do not buy just because the dividend looks good. Find out how they are paying the dividends and if they will be sustainable in the future.

Noted, thank you for your advice.

Other counter oso attractive, check it out. Many dividends coming from 24th ogos till next year.


Attached File(s)
 Dividends.pdf ( 17.65k ) Number of downloads: 339

usually when the announcement is out, the share price would rally and priced in already.

so wiser way is spot for them before the announcement.

100% agree, big dumper tggu ms to dump oredi....but LONG TERM player not so affected.

... yes...for instance, recently bat just rally up to 49 plus ...then later retract back after ex-date to 45, it went down to 44.00.......

and just receive the check for dividend 1.13 ........

bat may be going to face the sin tax...soon.....

according to prof damodaran study malaysia average dividend paid our 5%
and china 3% and in us australia is 15-20% so name me one reason why want to invest in malaysia for dividend.

EG; LINE ENERGY = i bought at 12usd with dividend near 20%
british petroleum =dividend near 8% with entry price 38usd.

that why hsbc international direct share investment are not accountable for malaysian, singaporean to open their account. this limit malaysian share trading experience and most likely excuse from political reason " is we are not ready".
our region only brunei
try google search; "hsbc offshore direct share dealing account"...........

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Added on August 22, 2009, 9:59 pmgenerally high dividend share arent too good for small company like uchitec, yilai or acostec, they still have plenty room to growth, buy just because they high dividend, where the company could expand one.
must look into bookvalue, growing eps, and good financial statement.
like BP are mature company with no more room to growth, that is reasonable. same with LINE

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Added on August 23, 2009, 11:38 amTop 6 Recession Investing Myths
Sponsored by
by Ryan Barnes
Wednesday, August 19, 2009
provided by

Recessions are a tough business. No matter what our instincts or advisors may tell us, chances are that our investments will suffer during a recession, whether we're too late in getting out of them, or too late to get back in. Below we expose some of the prevailing myths about recession investing, which carry one common theme among them: recessions are quite deft at rewriting old rules and breaking old patterns.

Myth No.1 - I need to be in the safest stocks to make any money.
More from Investopedia.com:

This myth is only true before the recession takes hold. Safer, defensive stocks will tend to decline less than more cyclical names like financials, basic materials and retail stocks. But once the recession is in, the "safe" stocks may actually underperform because as soon as the market begins to rally forward again, it will be the most beaten down names that rise the fastest. So while that steady grocery store stock you held all the way through the recession may go up 10%, the beaten down bank stock may run 50% during a rebound.

So remember, once the recession is in, the most important decision is whether or not to be in the market at all (asset allocation). Once that choice is made, it's generally best to stay the course by participating in the broad market.

Myth No.2 - Bonds are the safest place to be.
This is not necessarily true. Bond prices move in the opposite direction of yields, so if you hold individual bonds and the rate of inflation rises dramatically (which can occur coming out of a recession), the price of your individual bond may drop 10% or more, but you only get the same amount of income as you did in the prior year.

The solution? Consider a mutual fund or ETF that holds hundreds of individual issues to smooth this out. Also, avoid longer-maturity bonds, which tend to be more volatile when interest rates move higher.

Myth No.3 - When the stock market rises, the recession is over.
The stock market always tries to be a forward-looking mechanism. It will try to anticipate the end of a recession long before it can be confirmed through economic data such as GDP. Sometimes the market gets it right, but sometimes it doesn’t, meaning that the stock market could initially rally only to falter again as the recession proves more stubborn and lengthy than first imagined.

Myth No.4 - Decoupling has made some countries safer investments during a recession.
Decoupling implies that growing economies in places like Asia and South America have developed to the point where they can continue to thrive even if the Western economies suffer a recession. This theme was proven false during our current recession, as nearly every market on the globe suffered equally.

While the developing economies may indeed be able to grow modestly while the U.S. and Europe suffer more, these developing nations need strong trading partners and the ability to export their goods to the western world.

Myth No.5 - Real estate is a safe place to be during a recession
It's barely worth mentioning how false this myth was proven during our current recession. A common symptom of economic malaise is deflation, whereby the prices of goods fall because there is too much supply and not enough core demand to support current prices. Real estate is no different; it's just another asset that can suffer from boom and bust cycles.

In our current crisis real estate happened to be the trigger of the recession, as years of heavy home building activity screeched to a halt and inventories rose dramatically, leading to prices falling 30% or more.

Myth No.6 - Dividend stocks don't fall as much during a recession
A company that pays a healthy dividend can only do so when they have enough net income to spare some of it. In healthy economic times, a company may only have to pay out 20-30% of its net income as a dividend - a healthy cushion of preservation. But when a recession hits, company net income may fall by 50% or more, putting that dividend payment in jeopardy.

Because of this, dividend stocks may have two sources of downward pressure on their stock prices during a recession. The first is the prospect of lower profits, and the second is the fear amongst investors that the dividend may be cut or eliminated, removing one of the stock's main attractors.

The Bottom Line
Investing during a recession is a humbling experience. Many well-respected money managers had the worst year of their careers in 2008, proof that even those most familiar with the markets can be caught completely off guard.

The best advice one can give during a recession is to take the time to revisit your long-term goals, and adjust your overall asset allocation to protect current assets. Be willing to accept flat to small returns for a year or two if you already have a nest egg built up and are nearing major life goals.

For younger investors, continue to dollar-cost average into your diversified investments, and be thankful that you can buy up some assets that were once expensive at a cheaper price. In time, the market should reward your patient, diligent approach.
FOCUS ON LIFELONG INVESTING View more stories

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Added on August 23, 2009, 11:46 amyou guy are all in the myth number 6th,
what buffet never tell is he never buying in high dividend company.

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Added on August 24, 2009, 12:52 ambut sorry no share dealing account for malaysia. sad man

This post has been edited by normanTE: Aug 24 2009, 12:52 AM

this morning i met with my neighbour and as usual we both greeting each other... after that my neighbour told me that he is going for a "battle" ........ i wondering what is it..... later i got to know my neighbour on the way to genting highlands.....

wondering... in the share markets... how many of us...everyday wakes up in the morning and going to a "battle" in share markets... .as only this type of 'war' create excitement, thrillers and some more people said... this is the real "war"...and they need to be day and 'fight' and 'concur' the share markets.....

wondering many said about... "you win a battle, but you lose in a war" can describe one trade or invest in share market...

if i know there is a stock giving dividend on 28/8, can I buy the stock on 27/8 and get the dividend?

Check to ex-date to see your eligibility. If you buy before the ex-date, you're entitled to the dividend.

normanTE,

You can get DROWN in a lake with AVERAGE depth of 3 inches.

<<so name me one reason why want to invest in malaysia for dividend.>>

1) So, you DO NOT BUY the average. You buy some stock and it MAY make sense to buy certain stock. Who cares what is the AVERAGE for each county??

2) Who cares what is the current DIVIDEND yield of a stock?? You should CARE what is the DIVIDEND yield of your purchase price. You BUY that stock whenever the dividend is ATTRACTIVE enough to justify your purchase. And, this works regardless whether your stock is in ANY country.

3) The SINGLE reason of why you MAY want to buy certain stock in Malaysia is BECAUSE Malaysia do not have an open economy. Certain industry are PROTECTED and GUARANTEED to make money. And, they are HIGHLY profitable. Aka, they are not competitive. In USA and Australia, most companies are opened to competition. Hence, their profit stream is not as safe.

Do you own due diligence. Do what make sense to you.

Dreamer

I like Maybulk Personally because if you were to compare with BJTOTO, BJTOTO's Net Tangible Asset is Virtually negative....which means they dont have any capital inside.....the business is operating on borrowed money.....and they borrow ALOT!!!.....But no doubt, BJTOTO's share price is stable as alot of people are intereested in its Dividend (only). But of course, the earnings are quite good as well, considering they dont need any capital to general profit, all BORROWED Money.

As for Maybulk, I like due to little debts, and high profit margin. Good Dividend too. If you are looking for long term and good company with strong balance sheet and little debts, you should go for Maybulk.....try to consider CSCENIC too, though its a small company but it has one of the best balance sheet i have ever seen. Pays good dividend too....remember, the key here is long term.

Just a query, what's your shortest definition of long term? 3 yrs, 5 years or even longer? Or is it just until a drastic change takes place (ie, classical economical definiton of long term)?

When i say long term, it normally means 5 years or more.....

Why would you keep your cash in the business if the punters are shoving cash into your hands month after month without fail?

Yup, some company doesn't need to have too much capital or cash, as if so those cash just sitting in the company account idle only, so better to give it to shareholders, instead keep it in the compayn forever.
While cash is flowing into the company every week.

But I agree on part of Bjtoto has been squeezed dry by its major shareholders, right now. It is an ATM machine for the major shareholders, as they have to move away from the inter-company loan issue. Its parent company needs cash from Bjtoto.
So how much profit Bjtoto made, they highly will distribute it all.

Actually, it is not good for BJtoto to raise borrowing to pay the special dividend and capital repayment previously, which part of inter-company loan settlement issue.

Bjtoto is merely a dividend play, you buy the stock for its dividend as it is a cash cow, while company is virtually empty, but doesn't means it is not worth, as long as company can generate good profit and distribute it as dividend, then it is a rewarding for those investing in it.

Maybulk profit margin is highly volatile depended on BDI which something they can't control, all depended on commodity shipment environment.

It is a good play for commodities demand recovery. But current commodities demand has not picking back to its prior crisis level. We might see price of commodities rebound a lot, but amount of demand side still weak, that's why BDI doesn't shoot up too much lately.

Maybulk merely earn 1-2 cents on last Q, so can't expect too much dividend in short term, anymore special dividend coming which more than its earning is not sustainable in long term, we need to see its EPS recovers.

No doubt, long term wise and with economy recovery, Maybulk could be good.

i still have 1000share maybulk but, there dividend cant compare with TRMD listed in the nasdaq.
torm is a shipping magnet originated from sweden. much bigger than misc or maybulk.
they paid handsome dividend around of 10%

That is a good question actually, alot of people would ask, isnt it better for me to have cash in my hand rather than cash in a company. Well, if you are asking this question, then you understand the purpose of ROE (return on Equity). Lets take CSCENIC for example, which has an ROE of about 20%. This means that for every dollar invested in this company (regardless of whether the company is keeping alot of cash or having alot of loans, it doesnt matter), the company is helping me earn 20% on my invested capital!!!....does that answer your question?

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Added on August 25, 2009, 1:01 amThis is the reason why i think CSCENIC is such a good Investment long term:
I am a very conservative investor, thus i always use a 5 years average to determine if the stock is good or bad for investment.

5 Years' Return on Equity (ROE)18%: This means that you will earn back all your capital within 5 years. (if you were to buy at their book value which is at $0.73, Current price is only $0.44, that is about 40% discount to their book value!) Which means that if you were to buy at current price, assuming that everything stays constant, it takes about 3 years to earn all your capital invested. (remember that this is a recession period, and they can still sustain this kind of earning, if you believe in recovery, things will look much more rosy.)

5 Years Avg. Dividend yield: 6%
If you were to invest now, at $0.44, your dividend would be about $0.03 (that sums up to about 6%), But if you were to hold (after all the research, i believe the fair value for this stock is about $0.90-$1.00), for about one-two years, 6% of $1.00 is about $0.06 which is your dividend. that would account to a 14% dividend yield if you were to buy the stock at this price now. Key to investment is long term.

The net profit margin after tax of the company is about 16% which suggest that this is a very profitable company. Even if there is a recession, probability of this company making profit is still very high because of the high margin (as compared to other blue chip stocks' whose net profit margin after tax is on the average about 5%).

Current Ratio of 14 which suggest liquidity of the firm. For every one dollar of Debt, they have $14 in reserve to pay their debts which suggest good liquidity. The cash flow of the company is not a problem. Debt to Equity ratio is only 0.08 which suggest very very low debts relative to its equity value. Warren Buffett once said, he loves to invest in companies with little or no debts because these company will 'never' (i forgot the exact word) go into bankruptcy.

Thus, i strongly stand by what i said. Its a good buy, good company, with lots of cash and no debts and pay good dividend.

Please feel free to drop by any comments regarding this stock, thank you.

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Added on August 25, 2009, 1:09 amSeconded the comment, i agree totally, just want to add that due to the increase expected inflation in the world (after the fed pumping in so much), commodities are bound to rise....and rise alot (according to most of the analysts around the world), thus if you believe in rising commodities prices...which is very much correlated to DBI, then its very much advisable to invest in Maybulk. Personally i prefer Maybulk to BJTOTO (please note that i am not saying that BJTOTO is worthless or anything, ...simply put, i prefer Maybulk's business model more).

This post has been edited by maxchua: Aug 25 2009, 01:09 AM