just give u a layman's term of what capital repayment is...

Normally this companies are cash rich, because most of their assets have already been paid in full and they have very little or no liabilities.

So what do you do when u have too much money?
1. A company can declare a dividend
2. or a Capital Repayment

Why companies choose capital repayment over dividend because most likely the sum itself is significantly larger and the company will have to dig into the shareholders fund to return this excess capital money. Which requires S/H approva and also the courts approval for such action to be carried out.

Since the company is neither expanding or in need of capital, money sitting in the bank wont do the company any good (i.e. whether for tax purposes, s/h will make noice becoz the co is hoardin all the cash etc...).

What companies that r likely to undertake Cap Repayment?
Bjtoto for instance, Genting, Jinter, BAT, Magnum etc...

Notice that all this companies generate a significant amt of cash.

hi, sorry newbie here trying to get into investment. to be entitled to dividend, the share must be purchased before certain date is that correct? If yes where can i check for the date?

Wow.... useful thread as my target is counters with high div as well as a buy & hold. Makes me realize how much effort full time investors must put in. Thinking of entering share market directly for the first time, but still v. nervous. So far am focusing on PBBANK, BJTOTO, YTL, Magnum, Mah Sing & Hicom. I'm limiting it to those with price <5 (except PBBANK!). Any thoughts/ other counters too look at?

espree,

Read, he needs counters priced lower than RM5.
Soulsareworthless,

Dividends do not present only as cash, it's present in other forms as well. Unless you have invested in GENTING, you wouldn't know the perks you get as its shareholder.

YILAI, ACOSTEC & UCHITEC seem to give high dividend (avg 7 to 9%) from 2004 till 2008, may I know why not much ppl talk about these 3 counters?

without checking back my trading system

Uchitec used to give 12 sens dividend annually.

6 sens + 6 sens. TE.

at current share price, definitely can classified as "high DY stock". 

april & december. constantly de.

i have a handful of good DY counters liao.

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.

So after final financial report out , which counter is the 2009 top 10 divy eh??

maybulk , jaycorp and litrak still on the rank?