Guys,

I've been quite busy lately and I like to find out more of the following. Can you please help me to shed more light?

1. In http://mreit.blogspot.com/, the dividend yield is about 8% but when I check Maybank2u AmFirst paid only about 2cents devidend last year. So how did we get 8%? Please help me to understand.

2. With MayBank at abt 8.50, what is the dividend yield?

Thanks for helping out. I will check in again later and see if I can catch these 2 counters.

Oh, thanks for the info.

I am aware of the 'bad purchase' by Maybank and is still monitoring this counter. Still prefer PBB than Maybank but the price of PBB is out of reach.

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Added on March 28, 2008, 3:06 pmProbably it's pay day for him today.

This post has been edited by cantdecide: Mar 28 2008, 03:06 PM

Wow!!! Panasonic88 must be very hot - 'can i tough you?' in her tagline.

How much is Panamy now?

Gosh! Have to go again. Hope to check in again before end of day.

Good luck everyone.

It has not been a good year for plantation counters with so many factors contributing to its already volatile movement.
* The Indonesian government decision on certain Palm Oil related rulings.
* The Indonesian government on company ownership.
* The volatile crude oil price - when it goes up, big cheers for all plantation counters.
* The biodiesel thing that never takes off - with more news saying that it will never take off due to the already high CPO price.
* The negative campaign The West is waging on palm oil.
* The never ending demand from China and India for edible oil.
All in all these counters are not really for the weak-hearted - like me. It is good if you can catch it at the right time (near the low) otherwise you have to hold on for a long time. However long depends on the demand from China and India and the demand for other purpose.

I have been monitoring ASIATIC since 3 years back when not many ppl (at least me) know that Genting actually a majority holder. Due to all these reasons and the volatile movement, it has always deter me from going in even when the price is affordable. Furthermore, not many counters are giving good dividend - stand to be corrected by everyone here.

Maybe when IOICORP hit ~RM6.50 - ~RM6.60 then I might consider taking in some. Otherwise the high price is one deterrant for me.

Just my 2cents and some info gathered from reading.

Ya, it won't go down in 1 straight line. Otherwise we might see another 'circuit breaker'. Perhaps it is a good idea for Bursa to test out the fixes that they have put in.

With all the hustle and bustle of CPO - especially by Malaysia government and companies - I don't think the price will go down. Our fund managers love plantation counters very much. They seem to always gasak all plantation counters that is available in the market.

Oh, no wonder almost all plantation counters went south. Rupa-rupa CPO fall like a stone. Hope it will fall further to 'correct' the price of all plantation counters. Like to add IOICORP into my portfolio for its good management.

Yes, the stockpile is in historical high and I am puzzle why ppl willing to push up the CPO price to RM4,000. Who stands to gain from it? This is something I can't understand why those speculators are willing to push it up so high? And, our government is not doing anything to correct this misleading information on the CPO stockpile. Darn disappointing.

Ya, reports say that we have about RM44billion (some 3 years back) of cash (savings in banks). Where would those bankers and fund managers put those cash apart from the big cap. Our KLSE is very unhealthy in the sense that we have about 1000 counters but only a selected few worth investing. To rub it in, some are making loss or even in PN state.


Oh, thanks for reminding me. IOICOPR went to RM6.30 during the 8/3 period. I overlooked that. Well, it won't touch that price any time soon unless the rumour you heard came to fruition.

That is the reason why I like ASIATIC. A humble counter with less fanfare. I can't sleep well buying a counter with all the hustle and bustle that make it move everyday - unless I know I got it cheap and it move around above my buying price.

Well, I still need to study these 2 counters as they do not fall into my dividend stock category. Sigh. Need to decide if I have to diversify.

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Added on April 1, 2008, 4:55 pmYa, not many are brave enough to catch a falling dagger (I like this phrase - thanks for panasonic88 to coining it).

This post has been edited by cantdecide: Apr 1 2008, 04:55 PM

Any reason why Tech counters are moving up?

Sigh! I am still waiting for:
AmFirst to touch RM0.85 - very hard to get even queue for it for the past 2 days
MahSing to touch RM1.30 - faintest hope
IOICORP to touch RM6.30 - this is least likely to happen

Oh, BTW, I saw a chart in TheEdge few days back showing Gamuda with 10% dividend yield nowadays after the sell-down. Anyone keen on Gamuda?

There is nothing wrong with a simple majority in Parliment (less than 2/3 majority). The only time that you need a 2/3 majority is when the government like to simply change the constituitional acts for their own benefits. Even with a simple majority, they can still change the constituitional acts if it is meant for the benefits of every Malaysian. Let's not have the government have it their way to influence us with this 2/3 majority 'sales pitch' thingy. Finally, we can discuss this in other thread - the Real world issue thread.

Back to KLSE. Yes, it is burden by the many uncertainties of the after-GE issues and on top of that our KLSE has never been 'attractive' to many foreign investors after 1997. There is only so much the locals can move the KLSE counters as we have limited cash - compared to USD, Euro, etc. The government and BNM have to work out a better, attractive, conducive and most of all transparent environment that encourage foreign fund to pour in their moolah here. Without this, not many of them are willing to risk their moolah in other smaller counters. There is potentially the reason why only the selected few counters are seem to be attractive and active - because foreign fund like them for fundamental reason. That means the price is either sky-high or too illiquid for us to get in.

So if we cant make a killing in KLSE, some ppl may resort to other means to earn the extra millions - like selling submarines, buying land to build own castle, etc. That is why we see all this happening.

Edit: typo.

This post has been edited by cantdecide: Apr 2 2008, 10:48 AM

Congrat!!!!

How nice if we can make 2 or 3 such killings every month.

Hmm...this is another thing......

Not necessarily cold-hard-cash 54K right? The bank give some margin financing and with existing shares, I am sure it can be much lower.

Just another example of rich getting richer - very easily.

Huh? Err. I was asking do we really need cold-hard-cash 54K for that transaction and was making a statement on money-grows-more-money. Was that somehow lead to seen as dream big and making quick cash with contra?

OK, I need some clarification cos what I understand is very different.

I have a Maybank trading account and the remiser told me for me to buy any share I need to have about half of the cash in the account. For example, 10lots of Counter A cost RM5,000 then I need to put in about RM2,500 before I can buy. Of course during the T3+1 I don't have to cough up the remaining RM2,500. So the question is do I need to put in RM54K (or RM27K) for alivecmh's earlier transaction? Put aside all potential loses, gains, processing fees, just simple calculation.

OK, thanks for the info.

BTW, does anyone know why QCAPITA (Quill Capital) drop RM0.28 today? Is it dividend distribution or something else? Any info would be helpful as REIT is in my list.

Thanks everyone for the info. Now I am a fair bit wiser. Basically the 50% 'down payment' is Maybank's safety net in case I cabut.

So if I deal with other remiser in other bank or brokerage, I just have to pay up on T+3. Am I right?

Ya, this is really a better-than-FD-counter but don't expect much movement - capital gains. Its stable price give something similar to FD, no worry to sleep at night.

Let me count my bullet see if I can shoot this counter.

Mind to share your strategy (the one TP that you always talk about)?

For me it's just simple strategy, buy and keep as long as it does not drop more than 10% - sometimes can be lenient to allow 20%. Basically transfering my FD to this counter.

What was pana's decision on MahSing? Please share any view and info on MahSing as I am monitoring it too. Thank you.

Can you please summarise the news or point to the actual URL? Can't seem to see the news at malaysiatoday.

Thank you.

It's not about laziness. I went to the website and say nothing obvious about 15th April. Yes, I have to admit I do not have time to constantly update myself with all the news after GE. It has been a crazy time for me lately.

Would really appreciate if someone can point me to the URL as I am again crazy with so many reportings to do.

Thanks.

Opps, I think I found out what is happening on 15th April.


I beg to differ that market will stablize when AAB steps down. It may turn out to be even worse. There is no telling or forecasting from anyone that it will get better.

Just ask the darn government to do their job to govern and grow this country well. Stop doing all the stupid politicking to get ppl votes or whatsoever when you are wrong. There is no point to make everyone suffer and ended up they all earning big bucks, drive big cars and better still send their children to overseas. Hypocrits!

Gosh! Chill!! Chill man!!!