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 High Dividend Counters, Better than putting in FD

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digir
post Jul 25 2008, 11:09 AM

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Joined: Oct 2005


QUOTE(panasonic88 @ Jul 24 2008, 04:21 PM)
^ lol JTINTER topic has been discussed in the Stock Market main discussion thread, yesterday laugh.gif

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.
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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. wink.gif
digir
post Jul 31 2008, 11:16 AM

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Junior Member
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Joined: Oct 2005


QUOTE(Jordy @ Jul 30 2008, 06:06 PM)
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? tongue.gif
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Wow! CCB is now at RM2.99, 11,000 + units queuing to buy at that price but nobody willing to sell! Ridiculous! shocking.gif


 

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