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 High Dividend Counters, Better than putting in FD

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TopGunn
post Jan 14 2008, 09:47 PM

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QUOTE(cherroy @ Jan 14 2008, 03:58 PM)
Yes, beginners should go for those kind of stocks. But sadly to say, most don't but go for those 'goreng' stocks that are quick in price movement which can be 20%-100% in matter of days. Stock market sometimes is a patient game also.

What I mean 'boring' is in term of daily price movement, the term generally used by old timers in the stock market to reflect its daily movement, in long term their return rate is definitely not 'boring', there is no doubt about that.
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beginners normally do not have 'big' fund to invest in high dividend share...(high dividend normally for top maket capitalise stocks),, wht is in their mind in active stocks/ (penny) to have fast return..hope those beginners take ur advice.. cool2.gif
TopGunn
post Jan 14 2008, 11:52 PM

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QUOTE(Jordy @ Jan 14 2008, 10:50 PM)
Really sad, because me and TopGunn have been discussing about LPI over at your PBBANK thread for 3 days now tongue.gif
I also eyed this counter, but seems too close to the payout, so I am on the losing edge if I chase now.
After the ex-d I might consider buying it for the start of a new FY icon_rolleyes.gif
What about you? Still got bullet after shooting its brother? tongue.gif
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Jordy...i eyeing on this stock quite some time...only i'm still thinking of this counter price is a bit high..my target price is RM11.60, that y i don do anything yet before discuss with all big gunn here..hehe even though i'm topgunn here..
i'll expecting tomolo opening price will be at least 30 cts above..i'll Q at 12.60 in 9:00 a.m tomolo, hope can get thru...
TopGunn
post Jan 15 2008, 01:55 AM

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QUOTE(Jordy @ Jan 15 2008, 01:19 AM)
So you are only going to Q tomorrow? Why not today?
The price will go below RM12 ex-d, so I will only pick it up from there.
If you buy now, you already lost almost half of the cake, as most traders already "cashed in" on the dividend long ago.
So if you enter at RM12.60 (dividend of RM0.80 on ex-d), when the price hits RM12.80/RM12.90, those that entered earlier would bail out, causing the price to fall back to around RM12.30, especially with this volatile market.
So assuming the price cum-d is RM12.30, the ex-d price would be RM11.50. In this scenario, you are actually losing (RM12.60 - RM11.50 - RM0.80 = RM0.30, excluding tax).

Second scenario:
If I managed to pick up at RM11.50 ex-d, and I wait for the next FD+SD in January 2009.
Assuming the total payouts for 2008 is still the same (RM1.10), and assuming the price stays above RM12, I am actually profiting RM12 - RM11.50 + RM1.10 = RM1.60 in a year.
As compared to the first scenario, using the same assumptions, you gained only RM12 - RM12.60 + RM1.10 + RM0.80 = RM1.30.

Well, I hope I made it as clear as possible. I might be wrong though, so I may need Cherroy to clarify for me smile.gif
Hope you don't get confused with all my calculations and bad language structure.

Regards
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Well, wht u quoted is right also..wht is in my mind is only to hold this share less than a month..i foresee there will be a sudden surge due to dividend payout..if u will look back the price chart similar date (announcement on dividend in 2007). 3/1/07 RM9.50 (announcement date) next day surge 40cts to RM9.90 close. Within a month b4 ex-date in feb 07 price surged to RM11.00; Past profit 11.00 - 9.80 = 1.20; I assume the price may surge to RM 14.00 within a month before ex-d. I'll make RM1.40 within a month. Of course..if market is too valatile, i must be wrong..Any way no risk no gain..(pick small volumn)..this is not an investment. For safer..Of course i'll only pick it after ex-D...Thanks.

TopGunn
post Jan 15 2008, 03:35 PM

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QUOTE(panasonic88 @ Jan 15 2008, 09:47 AM)
has the LPI ex date announced?
emmm i gonna pour my ang pow plus salary into LPI too  thumbup.gif
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Ex-Date has not announced yet..i think will be soon or later this week.. price will up after the ex-date announcement..


KUALA LUMPUR: LPI Capital Bhd has declared a special dividend of 25 sen and a final dividend of 55 sen for the fourth quarter ended Dec 31.

Including the interim dividend of 30 sen less 27% tax that was paid in June, this brings the total dividend to RM1.10 for the year ended Dec 31 (FY07).

Revenue rose 16.5% to RM551.6mil in FY07 against RM473.5mil in the previous year. Pre-tax profit increased 10.2% to RM121.8mil from RM110.5mil in FY06.

Earnings per share improved to 63.8 sen from 56.6 sen previously.

The strong performance was attributed to an increase in premium income by 16.5% to RM494.3mil.

LPI was anticipated to record "another year of positive results for 2008," said chairman Tan Sri Teh Hong Piow in a statement yesterday.

He noted that wholly owned unit Lonpac Insurance Bhd continued to produce consistent underwriting profits, thanks to prudent and selective underwriting of general insurance.

The solvency margin surplus of RM75.5mil above the minimum required margin of RM490.2mil as at end Dec was a reflection of the group's financial stability, he said.

Last year, LPI was awarded the Sectoral Winner in Financial Services Category in the KPMG Shareholders Value Award 2006 and the Malaysian Business Corporate Governance Merit Award 2006.


TopGunn
post Jan 15 2008, 03:47 PM

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QUOTE(kinwawa @ Jan 15 2008, 03:43 PM)
LPI now back to 12.5 liao! Good time to go in?
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I grab this morning at 12.60; decision is in ur hand...good luck
TopGunn
post Jan 15 2008, 05:24 PM

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QUOTE(panasonic88 @ Jan 15 2008, 04:39 PM)
oh price will up after ex-date announced?

emm emm...i will see how's the market first
if price go up on tomorrow, means i am not fated liao tongue.gif
will wait for next round

just an extra info,
i was checking back the previous record
LPI share price was around 11.xx in Nov 07
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notworthy.gif GOD Bless..Hopefully the Ex-Date annoucement for LPI...CI is up trend that day..
TopGunn
post Jan 15 2008, 05:48 PM

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QUOTE(TopGunn @ Jan 15 2008, 05:24 PM)
notworthy.gif GOD Bless..Hopefully the Ex-Date annoucement for LPI...CI is up trend that day..
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Final Dividend 55 Sen

Entitlement Details:
Final Dividend of 55 sen less 26% Malaysian Income Tax per Ordinary Share of
RM1.00


Entitlement Type: Final Dividend
Entitlement Date and Time: 19/02/2008 04:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2007
EX Date: 15/02/2008
To SCANS Date:
Payment Date: 25/02/2008
Interest Payment Period:
Rights Issue Price: 0.000
Trading of Rights Start On:
Trading of Rights End On:
Stock Par Value: 1.00

Share transfer book & register of members will be closed from 19/02/2008 to 19/02/2008 (both dates inclusive) for the purpose of determining the entitlements

A Depositor shall qualify for the entitlement in respect of:
- Securities transferred into the Depositor's Securities Account before 19/02/2008 04:00 PM in respect of ordinary transfers.
- Securities transferred into the Depositor's Securities Account before in respect of express transfers.
- Securities deposited into the Depositor's Securities Account before in respect of securities exempted from mandatory deposit.
- Securities not withdrawn from the Depositor's Securities Account as at .
- Securities bought on KLSE on a cum entitlement basis according to the Rules of the KLSE.


TopGunn
post Jan 15 2008, 10:09 PM

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QUOTE(panasonic88 @ Jan 15 2008, 08:11 PM)
mate, you left out the Special Dividend!

EX-date :15/02/2008
Entitlement date :19/02/2008
Entitlement time :04:00:00 PM
Entitlement subject :Special Dividend
Entitlement description:
Special Dividend of 25 sen less 26% Malaysian Income Tax per Ordinary Share of RM1.00 each

=================================================

wow damn gao!!!

which means LPI pays:

- Final Dividend of 55 sen less 26%
- Special Dividend of 25 sen less 26%

Total for every 1000 shares of LPI = RM 592.00  thumbup.gif
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Ya..This is what we (Jordy & me) expected. 55+25=80cts (FD+SD).
Interim+Final=RM0.30 + RM0.80= RM1.10; It's DY= RM1.10/RM12.60=8.7%
Mate..this is what we talk abt, high dividend share in this forum!!!! whistling.gif
TopGunn
post Jan 15 2008, 10:18 PM

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QUOTE(panasonic88 @ Jan 15 2008, 10:12 PM)
another KING OF DIVIDEND is born!!!  thumbup.gif

TopGunn, today you buy how many lots of LPI? if you don't mind to tell wink.gif
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i bought 1,000 shares today @ RM10.60 to try the trend. Will keep more after ex-date..
TopGunn
post Jan 16 2008, 12:02 AM

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QUOTE(Jordy @ Jan 15 2008, 11:36 PM)
Hmm, didn't quite sustain for too long right? sad.gif
Nevermind, your aim is long term, so don't worry short term volatility smile.gif
Like me, I bought TENAGA at RM10.00, the dropped to below RM9.00, but today went up until RM10.40, but I missed it. If I sold today I can make gain already tongue.gif
Wow, your ang pow must be a lot, close to RM10k? brows.gif
APOLLO is in my list too. Maybe I will get APOLLO and LPI on the same month. I am also considering to acquire some AMWAY. So I will have 3 high DY counter in my portfolio smile.gif
Damn, you are fast. Today's high of RM12.90 exceeded your expectation.
Hope your calculations last night comes true. I will still stick to my ex-d purchase, as my money still hasn't come in yet! I may need to do some wealth accumulation first before going into defensive counters.
I have to achieve my target of a gain of RM20k from my investments for this year before going for dividend.
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APOLLO - food industry really can growth?
AMWAY - this yr net profit surge due to strong RM against US$. Company fundamental is good. But i feel that still need more time to monitor..i can believe AMWAY in 5 yrs time could be the major health products worldwide.
Let's me know when u buy LPI. i'll follow u..

This post has been edited by TopGunn: Jan 16 2008, 12:18 AM
TopGunn
post Jan 16 2008, 12:53 AM

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QUOTE(Jordy @ Jan 16 2008, 12:28 AM)
I thought you have bought it today?
Does this mean you are looking to average down on your cost?
Good move, if you have enough bullets for it thumbup.gif
I must remind you though, I may buy into it at the wrong time. So if you follow, don't blame me if I made a wrong decision ok? tongue.gif

I'm not sure about APOLLO's sustainability, but I believe they will be looking into more business.
It looks like their products have loyal consumers for that many repeat sales tongue.gif

Even now, AMWAY is already one of the largest MLM company, based on revenue.
But the problem with AMWAY is that they are a net importer from US. So if currency goes the other way around when the business grows, it might have an adverse effect on earnings.
This might be mitigated if they plan to expand and have their own manufacturing plant.
Initial cost might be high, but if their volume increase, they actually save on production cost.
So it drives up their operating profit, which is good for the long term.
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I bought in today @ RM12.60 1,000 shares..that is not enough. remember!? i told u i'll only hold for the 1st mth..my expectation LPI will surge to TP RM14.00 in a mth time, i will sell out this 1,000 shares to make few hundred..After Ex-D, price will adjusted, then ppl start selling price will drop some more...i'll pick again in the lowest price...(i think <11.00 if possible).

I believe AMWAY but APPOLLO no confident yet..will eyeing on it..share with u my out come..
TopGunn
post Jan 17 2008, 01:16 PM

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QUOTE(Jordy @ Jan 16 2008, 10:52 PM)
Market volatility to continue, so it is still safer to enter after ex-d, when the price will drop at least RM0.80.
It should create a margin of safety for us investors. I am also waiting for 3rd week of next month to enter LPI.
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My bad luck...grab 1 lot before KLCI drop sad.gif..advise to other..pls think twice.

TopGunn
post Jan 17 2008, 07:01 PM

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QUOTE(panasonic88 @ Jan 17 2008, 05:02 PM)
Jordy, LPI price unchanged at 12.50, not 10.50

you dont scare TopGunn tongue.gif
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sweat.gif Today closed is RM12.50; no worry, this count is quit stable..i just burgain it's will surge (10% b4 ex-D) like last yr..nvm i'll still holding it. cos the fundamental is good ma.. rclxms.gif
TopGunn
post Jan 18 2008, 02:32 PM

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QUOTE(panasonic88 @ Jan 17 2008, 10:02 PM)
just wondering did anybody buy MAYBANK and keep it as dividend counter as well? smile.gif

MAYBANK dividends record back in 2007

CODE
Interim 17.5¢ | 31-Dec-07
Final 40¢ | 30-Oct-07  
Final 25¢ + Special 35¢ | 07-Nov-07  
Interim 40¢ | 10-Apr-07


current price is 12.20
lowest was around 10.50 (back in august07)
user posted image
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pana,
u should evaluate Maybank before u keep PBBank. Both are in the same industry.
Let's do some homework this weekend which bank has the better profit margin, PER, ROE.
TopGunn
post Jan 21 2008, 06:28 PM

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QUOTE(cherroy @ Jan 18 2008, 02:46 PM)
Another point to take account for is the loan quality they gave out, or NPL issue.
Better loan quality will lead one bank to survive through the bad times. Locally, Pbbank is the best in term of level of NPL until now since 1997 crisis. Not meant Pbbank is better buy or not good than others. Judge your own based on data and fundamental issues.
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PROPOSED BONUS ISSUE

MALAYAN BANKING BERHAD ("MAYBANK" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF UP TO 987,277,005 NEW ORDINARY SHARES OF RM1.00 EACH IN
MAYBANK ("MAYBANK SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF
ONE (1) NEW MAYBANK SHARE FOR EVERY FOUR (4) EXISTING MAYBANK SHARES HELD
("PROPOSED BONUS ISSUE")

We refer to the announcement made on 3 January 2008 in relation to the Proposed
Bonus Issue.

On behalf of the Board of Directors of Maybank, Aseambankers Malaysia Berhad is
pleased to announce that Bursa Malaysia Securities Berhad has via its letter
dated 9 January 2008, approved the listing and quotation of up to 987,277,005
new Maybank Shares to be issued pursuant to the Proposed Bonus Issue.

The Proposed Bonus Issue is now subject to the approval of the shareholders of
Maybank at an extraordinary general meeting to be convened on 23 January 2008.

This announcement is dated 21 January 2008.


21/01/2008 06:02 PM


Ref Code: 20080121GA05296

**Should be good news for MayBank share holders right, why the share price drop today?



TopGunn
post Jan 31 2008, 12:11 PM

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QUOTE(siren @ Jan 31 2008, 12:03 PM)
i got a noob question on dividends.

Let's say a dividend will be paid/declare tomorrow.

I buy the shares today, will i be still be entitled to dividends payments? I mean full dividend or proportionate according to time period u hold the shares in that year?

For eg:
Hold shares for a year: 20 sens * 365/365days
hold shares for 10 days only: 20 sens * 10/365days
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You will entiltle dividend as long as you hold/buy before ex-Date. Pls take note that the share price will be adjusted after the ex-Date.
Example - PBBank RM11.30 (before ex-date) dividend 0.20
Next market day, price will adjusted to RM11.10 and you will received you cheque on 0.20 dividend.

TopGunn
post Mar 5 2008, 12:12 PM

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QUOTE(cherroy @ Mar 5 2008, 11:46 AM)
It is to do with the new dividend taxation announced last year budget (for 2008).

It is not 'free tax' actually that we had discussed it before.

Under new dividend taxation rules, all dividend are being taxed at corporate level before giving out to shareholders.
So what you get is net already, you can't claim back any tax which had been deducted at corporate level.
But in your dividend voucher won't show any tax deducted, already net one, so it gives an impression of 'tax free' but in actual fact, not really.

The old system is imputation, new system call single-tier.
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guys,
Where i can have detail of dividend taxation (budget 2008). I heard from my college that we can't claim back minus tax 27% (for those income <2,000/mth, retiree).Is that true?

TopGunn
post Mar 5 2008, 04:22 PM

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QUOTE(cherroy @ Mar 5 2008, 02:13 PM)
True, starting from 2008 financial calendar onwards


Added on March 5, 2008, 2:17 pm

There is no such thing of which system company use, company can't choose which they want to use.

Prior 2008 or before 2008 financial calendar, all are under old system, after 2008, all need to do single-tier system.
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no wonder all the uncles, retiree, mamak, papak making so many noise..what la budget 2008 though can attrack more small investors...@#%$
Thanks cherroy for your explaination.



 

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