si kui, EPF keep acquiring since the past one month

Need to see its details of earning especially cashflow. If good, me also want to join the cruise. 

Maybulk

EPS is pretty ugly.

Cash level is healthy with 790 million which is substantial enough to weather through the bad time.

Future generous dividend is not sustainable as it just draining out cash if EPS continue to be as bad and operational profit remain at distress level.
After all, the significant cash generated is from vessel disposal, not from operation activities.

So the dividend is given from the past year accumulated profit plus vessel disposal.

Conclusion, if not the 30 cents dividend, with this kind of result, share price would plunge, so company management decided to give generious dividend as sweeties. My opinoin only.

You look at current quarter one, not the past (accumulated) that had been known.

To look at business operation wise situation, look at its revenue and cost figure, and profit before tax.

Revenue is sinking while cost is rising for the current quarter which is not a good sign. (low BDI, so low revenue).

I got analogy for this kind of situation. Papa back home late, can't play with the kids (poor result), but Papa buy a lollipop for you (30 cents dividend), so don't cry huh. Haha. 

isn't genting disconnect from resort? i tot resort is Singapore while genting is Malaysia?

kakaka what a cute analogy!

i have 1 last question,

"...cost is rising for the current quarter which is not a good sign.", where to see the "cost"? 

I've the same thought. Resorts still is Star Cruise major stakeholder??? Anyone knows?

when resorts will giving out dividen?

Panamy has released its lastest Q report, accumulated 3Q of EPS is 68 cents. March 31 will be its final 4th quarter, by then some dividend can be expected. 

TMI wants to change name! 

"6888    TMI    TM INTERNATIONAL BHD 
PROPOSED CHANGE OF COMPANYS NAME 

PROPOSED CHANGE OF COMPANYS NAME
TM International Berhad (TMI) wishes to announce that the Board of Directors of
TMI had today approved the proposal on the change of the companys name from TM
International Berhad to Axiata Group Berhad ("Proposed Change of Name).

The request for availability of the name Axiata Group Berhad had been approved
by the Companies Commission of Malaysia ("CCM"). The Proposed Change of Name is
subject to the approval of the shareholders of TMI at an Extraordinary General
Meeting to be convened."

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

yerrr, damn ghey la the name... 

it is not a good thing for a company which keep changing their name/identity.

http://www.theedgedaily.com/business-news/...areholders.html

Windfall for BToto shareholders?       

Tags: BToto | RHBResearch | special dividends

Written by Joe Chin   
Thursday, 26 February 2009 10:41 
 
KUALA LUMPUR: Berjaya Sports Toto (BToto) shareholders will likely be in for a large dividend payout soon with the potential to pay up to 110 sen in gross dividends per share (DPS).

RHB Research Institute said on Feb 26 that after a recent chat with management, we believe BToto shareholders will be in for a large dividend payout soon.

“Our belief stems from the fact that Berjaya Land (BLand), BToto’s 50.1% major shareholder, may need to raise some cash soon in preparation for a potential redemption of its RM900 million 8% nominal value five-year secured exchangeable bonds (maturing in Aug 2011, but with an early redemption clause on Aug 15, 2009),” it said.

Bjtoto had undergone massive capital repayment previously (Par value is 0.10), which left nothing much in the company coffer. In fact Bjtoto previous has need to raise bond because of massive dividend and capital repayment.

They had no ability (cash) to pay those 1.10 special dividend except through bond issue or raising debt (which is a stupid idea to raise debt to pay special dividend), no offence. Its NTA is only 0.3x sum up the total asset level in the company

Their ability of giving out dividend come from operational profit.

In fact, its is the dividend yield that support the share price.

I don't know how the analysts can come out an idea of it can pay 1.10 special dividend then.

Yes, it can do so (1.10 special dividend) if it wants to bail out its parent company (Bjland) but this is a disastrous news for Bjtoto shareholders because company need to raise massive debt to finance it.

not until U.S. has recovered...
The first sector to recover in Bolehland will be plantation sector..

Massive selling pressure and massive selling Q for TCP computation! >100K lot. 

1/4 of the total market volume is KNM. 

Maybank 9 for 20 right issue...

Maybank going to issue right issue of 9 share per 20 share held currently.
The price is going to be around 40% discount from average price.
Aim to raise RM6b to boost up capital base.
No interim dividend announced.
No impairment of BII & MCB, will do it at FY end (if need to, but I can't see why it need not ).
Dividend policy no change.

I think the price should be in range of RM2.70~RM3.30.
The par value will remain the same (they have no problem paying RM1 par value with even RM2.70 ).
Existing shareholders' shareholding won't be diluted if they subscribe to the right.

The paid up capital is increased in process of the right issue. So Par value won't be affected.

Just like ABC company has 1 million share with Par value Rm1. So paid up capital is 1 million. Now it issued another 1 million which existing shareholders fork out extra money (1 million) on it and now the paid up become 2 million with 2 million of shares.

if issue at RM2.70 => RM1 went to share capital (par value) & RM1.70 went to share premium. Then where got affect par value?

If the right issue cannot fully placed out or subscribed, then share price will tank. Because right issue mean company need money, no money then company cash situation is under risk.
For those don't want to subscribe, it is best to dispose before its ex-date. Because share price will adjusted according to the differentiation between current share price and its right issue price.
If hold after ex-date of right issue, and don't want to subscribe, existing shareholders will be losing big time, unless the right issue price is higher than share price in the market at that time.

i suspect is becoz of the mini-budget +Umno election will push up the shares somemore, is quite expected the stimulus pack will turn everything green... than everybody will dump their shares and siapa yg dari belakang didnt catch the wind all die standing.

btw when is the mini budget due?