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 Stock Market V12, Stock Market talk, some are investors, some are gamblers..

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cherroy
post Apr 29 2008, 03:18 PM

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QUOTE(panasonic88 @ Apr 29 2008, 02:14 PM)
lol TMINT is changing its stock name to TMI, effective from 2-May 08.
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Typical Malaysia.

Why everytime implement something, don't decide properly, always like to fix and change afterwards.

Even code name also can't decide. Previously Synergy mega merger then last minute change back to Sime. Now TMint want to change TMI. Then after few months then change to another name? Just barely a week also want to change liao.

Changing name won't be able to change the company image if company doesn't deliver.
cherroy
post Apr 29 2008, 03:24 PM

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QUOTE(SKY 1809 @ Apr 29 2008, 12:20 PM)
Wow, from  Rm 5 to 65sen , sounded like sub prime bank.
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You must recall where Equine come from first

Equine before restructuring is called KLIH, already was a hot favourite goreng last time out. When KLIH went into trouble then restructured with massive capital reduction, then new company Equine emerged. It was trading a few ten cents before finally burst into life when people goreng it until RM5.

So even now 65 cents, it just goes back where it was.

Sometimes, knowing historical of the company is important as well.


Added on April 29, 2008, 3:27 pm
QUOTE(aretla @ Apr 29 2008, 03:17 PM)
FMR LLC & FIL Limited is what company? it keeps throwing gamuda...
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If not mistaken, it is one of the Fidelity investment arm, aka one of the world well known fund house.

This post has been edited by cherroy: Apr 29 2008, 03:27 PM
cherroy
post Apr 29 2008, 03:33 PM

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QUOTE(SKY 1809 @ Apr 29 2008, 03:27 PM)
Thank you.

Lot of name changes, quite confused. But fundamental remains weak.
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Personally, I dislike company changing their name, there are some keep on changing their name from one to another, until people forget where their origin name was.
Try to make people forget about it? Haha. tongue.gif biggrin.gif

Good company seldom change their name one as their name is one of the asset of the company <-- goodwill if the company is really good one.

Don't get me wrong, I don't say company changing name one is not good as sometimes the need of merger or nature of company restrucuring which is inevitable.


Added on April 29, 2008, 3:34 pm
QUOTE(aretla @ Apr 29 2008, 03:27 PM)
who??????? shocking.gif
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Don't know meh, even newspaper also got lah especially just after the election.

This post has been edited by cherroy: Apr 29 2008, 03:34 PM
cherroy
post Apr 29 2008, 03:45 PM

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Full name is still TM International, but the code name trading in KLSE will be changed from TMINT to TMI.

Still the question is why KLSE wants to change just barely a few days of starting trade?
Play ma ma sa?

This post has been edited by cherroy: Apr 29 2008, 03:46 PM
cherroy
post Apr 29 2008, 03:55 PM

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QUOTE(lklatmy @ Apr 29 2008, 03:51 PM)
In TMI"s case,the company name remains,only the Stock shortname assigned by Bursa changed.So,I think TMI only need to make an official request to Bursa to changed the Shortname.

Once approved,Bursa  make an annoucement and change the shortname on effective date.No filing or printing of new  stationaries,
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I agree on you this.
But it is very unprofessional as Kinwawa pointed out for a stock exchange (want to be a world class bourse) to change just a code name after barely a few days of using it. It just shows no properly study and preparation or forseeable prior to this.


This post has been edited by cherroy: Apr 29 2008, 04:03 PM
cherroy
post Apr 29 2008, 04:05 PM

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Even putting short code name, is not a simply job. One must always find the best possible code name that will reflect the company name, and ease of identification by investors, and reduce conflict between the names.

I remembered once, there are some confusion especially through phone order about 2 counters, Sindora and Sinora.

The TMI case and previous Synergy Drive will not be good examples to look on especially in the eye of foreigners. Look 'cin cai' and unprofessional.
cherroy
post Apr 29 2008, 04:23 PM

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QUOTE(kinwawa @ Apr 29 2008, 04:19 PM)
my fren...help to conserve energy

http://www.blackle.com/

google-black to reduce energy consumption
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Posting the right thread?

This is stock market chit chat, since when become environmental issue?
cherroy
post Apr 29 2008, 04:50 PM

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QUOTE(InvestBursa @ Apr 29 2008, 04:39 PM)
Just want to confirm is Carlsberg giving out dividend ? It is not mentioned in the Bursa announcement website
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Yes, you have 10 minutes. tongue.gif
Ex-date is tomorrow so today last.
cherroy
post Apr 29 2008, 04:53 PM

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QUOTE(kinwawa @ Apr 29 2008, 04:35 PM)
sorry Master Cherroy....just to create some awareness....

btw..is Nestle giving out div today?? drop so much....


Added on April 29, 2008, 4:37 pmGenting Int'l calls off S'pore hotel plan
PETALING JAYA: Genting International Plc has discontinued discussions with the Singapore Sports Hub Consortium to build a hotel in the Singapore Sports Hub.

The company said on Tuesday that it was informed that the Singapore Sports Council decided not to have a hotel in the sports hub as yet. Discussions over the project started in January.

Genting International said it did not expect the termination of the proposal to have any material impact on the consolidated net tangible assets and earnings per shares of the company for the financial year ending Dec 31, 2008.
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Ok, fine, just curious suddenly posting some unrelated stuff, taught you reply in wrong thread.

Nestle, not yet. 12 May ex-date.
As each tick is Rm0.25 already, so 50 cents drop is just 2 ticks drop.

cherroy
post Apr 29 2008, 05:28 PM

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QUOTE(panasonic88 @ Apr 29 2008, 05:21 PM)
yo man, sorry for that sad.gif

not joining you for RESORTS, as it seems there is a resistance level to cross 3.50
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Then we buy at 3.20 level? brows.gif

Seems like it always hovering in the range of 3.20-3.50 tightly.
cherroy
post Apr 29 2008, 10:17 PM

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QUOTE(Mikiyo @ Apr 29 2008, 10:08 PM)

if resorts drop to 3.20...its like the end of KLSE index d tongue.gif
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Wah, so serious meh. 3.20 is not far away with current price of 3.4x.

Not 2.20 le.

Remember Genting 6.50 story I mentioned before?

Market is unpredictable sometimes.
cherroy
post Apr 30 2008, 10:52 AM

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QUOTE
how does the ex-date for dividend work ?

e.g Carlsberg ex-date is on 30-april-2008

if purchase on 30-april-2008 will i entitle for dividend ?
(no, you must buy one day before the ex-date)

if sell on 30-april-2008 will i entitle for dividend ?
(as far as i know, you may sell 2 or 3 days after the ex-date. bear in mind that the price will be adjusted after ex-date)

i do not anything info on bursa web site regarding to the above ?  any reference web site ?
No, you don't need to wait 2 or 3 days, you can sell immediate after the ex-date.
Just like Carlsberg ex-data is today, you can sell it today which you also will entitle the dividend. The border line of getting or not getting the dividend is the ex-date. That's all.

Last time, there is no CDS, then a bit troublesome, but with CDS, all become easy. (old time when still with share certificate, then one might face some problem of rushing it to the company registrar before lodgement data/ex-date to register as shareholder to entitle the dividend)


cherroy
post Apr 30 2008, 11:10 AM

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QUOTE(aretla @ Apr 30 2008, 10:55 AM)
there are "ex-date" and "entitlement date" in each dividend annoucement..
and normally both date are different..
i tot u need to buy the stock before ex-date, hold it until entitlement date, then only entitled for the dividend??
if not, then what is the "entitlement date" for?
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You need to understand how share transfer work.

Entitlement date is the actual date for company registrar to identify the shareholders that they will give the dividend, not ex-date.

You bought a share let say today, but the share is not transffered to your CDS account today, it will happen after 2 days (or 3 days, couldn't remember, but looking the differentiate between ex-date and entitlement date will know). So entitlement date is always lag 2 days behind the ex-date.

So ex-date is the date set in KLSE trading system so that people can buy/sell so that share transfer will be able to complete according/before to the entitlement date.

But to avoid the confusion and misunderstand for general public, stick the the ex-date as you only can buy and sell the share through KLSE, not other place else.

This post has been edited by cherroy: Apr 30 2008, 11:12 AM
cherroy
post Apr 30 2008, 11:27 AM

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QUOTE(aretla @ Apr 30 2008, 11:26 AM)
thanks and appreciate for both replies...

1)so i buy one day before ex-date (T+0)
2)then sell on the ex-date (T+1)
3)shares havnt transfer to CDS yet (it only happens on T+2)
4)company registrar to identify the list of dividend entitled shareholders (on entitlement date, 2-3 days after ex-date)

no need to care bout item 3) and 4),
as long as i did item 1) and 2)...
i got the dividend.. yeah icon_rolleyes.gif
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Yes, to keep it simple or don't quite understand, then stick with ex-date.
cherroy
post Apr 30 2008, 02:00 PM

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QUOTE(panasonic88 @ Apr 30 2008, 01:52 PM)
JTINTER, very steady dividend counter, DY yield is 0.11%, recommended biggrin.gif

wow i didnt know that the price has been going up to above 4. as it used to hover between 3.60 - 3.80 last time.
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Correction needed!
0.11% <-- die liao for dividend stock.

Should be 11%. But last year got special dividend of 15 cents which highly not repeatable.


Added on April 30, 2008, 2:05 pm
QUOTE(lklatmy @ Apr 30 2008, 01:51 PM)
Tamcorp-shortterm(3 to 6 mths)

IGB-long term.

Go Holland don't blame me ,haha.

(BUY AT YOUR OW RISK)
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In my opinion,
Tamcorp is suit more short speculation, as total cost of buying is about 2 cents only after dividend 68 cents can capital repayment of 30 cents but if you need to pay tax on the dividend (30 cents x your income tax bracket) then total cost become higher liao.

So you hope for company won't be delisted and new business being injected into the company.

Yesterday release of the Q result show losses in pre-tax profit.

Don't meant to recommend anything. Judge your own.



This post has been edited by cherroy: Apr 30 2008, 02:05 PM
cherroy
post Apr 30 2008, 02:31 PM

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QUOTE(InvestBursa @ Apr 30 2008, 02:22 PM)
d

Thank you Pana & Cherroy.

If i understand correctly i will entitle to the dividend even though i have sold it this morning.

i have 2 biji of Carlsberg at 2.36.


Added on April 30, 2008, 2:23 pm
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Welcomed. That's is the goodness of the forum.

2.36? you bought 10+ or more than 15 years already ago one?

If my memory still not broken, Carlsberg has been steady at around RM 8-11 before 1:2 stock split for about 10 years +.

This post has been edited by cherroy: Apr 30 2008, 02:37 PM
cherroy
post Apr 30 2008, 03:24 PM

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QUOTE(lklatmy @ Apr 30 2008, 03:04 PM)
Media Chinese discount to Hong Kong now...HK$2.65 currently..
*
Then buy here after that send it to HK to sell. Instant profit, this is called abritrage.

Since it is dual listing, how can we do that? since you are in remiser line, might to share some methods to do. brows.gif

Genting coming liao rclxms.gif
edited & Resorts also. brows.gif

Sorry forumers out there, no offence.

This post has been edited by cherroy: Apr 30 2008, 03:29 PM
cherroy
post Apr 30 2008, 03:31 PM

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QUOTE(lklatmy @ Apr 30 2008, 03:29 PM)
Not so straight forward leh.In this case,dual listing without mutual settlement,so in order to sell in HK,you need to withdraw the physical certificate from MCD,deposit it in HK,then only can sell.

Maybe that's the reason for the disparity.
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Aiyo, ain't we want to become first class bourse? Seems like got opportunites but can't do it.
cherroy
post Apr 30 2008, 03:33 PM

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QUOTE(naz_b_85 @ Apr 30 2008, 03:30 PM)
mediac yes or no o great cherroy?
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Personally I don't like media stock, it is more on political side (to control the media). Also local media stocks (I don't know about overseas one) haven't came across with good performance one over the long term.

Just my personal opinion.

QUOTE(aretla @ Apr 30 2008, 03:31 PM)
wat price u r waiting?
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6.00-6.20
3.00-3.20.

cherroy
post Apr 30 2008, 03:38 PM

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QUOTE(panasonic88 @ Apr 30 2008, 03:36 PM)
i am with you, for RESORTS, 3.00-3.20, i'll queue for 3.08-3.10 tongue.gif

by the way, STAR is consider media stock, too? out of so many media stock, STAR is my top favourite, a decent dividend counter too  thumbup.gif
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Yup, Thestar is a decent one.

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